1215 PALAMA WAY, LANTANA, FL 33462

Parcel: 40434504180080160 · Single Family · Zoning: 001

Assessed Value (2026)
$185,044

Property Details

Year Built
1989
Lot Sqft
7,503

Sales History

1
$300,000
2005-07-15

Tax Assessment History

$185,044
Assessed (2026)
$448,166
Market Value
$134,322
Taxable Value
$2,735
Annual Tax
2025
$185,044
$448,166
2026
$185,044
$448,166
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $185,044 $448,166 $134,322 $2,735
2025 $185,044 $448,166 $160,044 $3,258

About 1215 PALAMA WAY, LANTANA, FL 33462

1215 PALAMA WAY, LANTANA, FL 33462 is a property built in 1989 on a 7,503 square foot lot. The property is currently owned by MASON KEM E, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2005-07-15 for $300,000. The 2026 assessed value is $185,044 with a market value of $448,166. This breaks down to $200,628 for the land and $247,538 for the building.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $70,711, and the median home value is $393,900. The population density is 5,721 people per square mile. There are active mortgage liens totaling $250,558 recorded against this property.

1215 PALAMA WAY, LANTANA, FL 33462 is located in LANTANA, Florida. Property records, tax assessments, sales history, and ownership information for this LANTANA property are sourced from palm_beach County public records. The current assessed value represents 62% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

MASON KEM E
1215 PALAMA WAY, LAKE WORTH, FL, 33462
Since: 2026-04-03
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,065 — $3,800
Flood $400 — $800
Property/Wind $1,665 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$70,711
Median Home Value$393,900
Pop. Density5,721/sq mi

Neighborhood 33462

64.6%
Owner-Occ
35.4%
Investor
4,290
Flips (4yr)
3,833
New Biz (3yr)
Distress Risk
MODERATE
28
View full risk analysis →

Mortgages

ACTIVE
$320,000
~$250,558 bal.
BLUE CHIP LENDING SERVICES INC · 2021-08-11
Est. Total Balance $250,558
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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