1203 PALAMA WAY, LANTANA, FL 33462
Parcel: 40434504180080190 · Single Family · Zoning: 001
Assessed Value (2026)
$394,212
Property Details
Year Built
1988
Lot Sqft
13,217
Sales History
1
$360,000
2021-04-09
Tax Assessment History
$394,212
Assessed (2026)
$416,420
Market Value
$343,490
Taxable Value
$6,993
Annual Tax
2025
$394,212
$416,420
2026
$394,212
$416,420
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $394,212 | $416,420 | $343,490 | $6,993 | $206,342 | $210,078 |
| 2025 | $394,212 | $416,420 | $369,212 | $7,517 | $206,342 | $210,078 |
About 1203 PALAMA WAY, LANTANA, FL 33462
1203 PALAMA WAY, LANTANA, FL 33462 is a property built in 1988 on a 13,217 square foot lot. The property is currently owned by URBINA FRANCIS P & JOHNAS WILLIAM P II, 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 2021-04-09 for $360,000. The 2026 assessed value is $394,212 with a market value of $416,420. This breaks down to $206,342 for the land and $210,078 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 $321,532 recorded against this property.
1203 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 110% of the most recent sale price..
Current Owner
URBINA FRANCIS P & JOHNAS WILLIAM P II
1203 PALAMA WAY, LAKE WORTH, FL, 33462
Since: 2026-04-03
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$3,947 — $7,186
Flood $400 — $800
Property/Wind $3,547 — $6,386
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
Mortgages
ACTIVE
$342,000
UNITED WHOLESALE MORTGAGE · 2021-05-03
Est. Total Balance $321,532
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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