5200 LAKE AVE, WEST PALM BEACH, FL 33405

5200 LAKE AVE, WEST PALM BEACH, FL 33405 is a property built in 1949 on a 5,304 square foot lot. The property is currently owned by SOTHEN NANCY C TRUST, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-02-05 for $290,000. The property has appreciated $289,990 (2899900%) since the prior sale of $10 on 2025-08-01. The 2026 assessed value is $134,923 with a market value of $218,620.

This breaks down to $156,043 for the land and $62,577 for the building. The assessed value decreased 38% from $218,620 in 2025. The median household income in this area is $69,549, and the median home value is $274,200.

The population density is 3,421 people per square mile. There are active mortgage liens totaling $217,144 recorded against this property. 5200 LAKE AVE, WEST PALM BEACH, FL 33405 is located in WEST PALM BEACH, Florida.

Property records, tax assessments, sales history, and ownership information for this WEST PALM BEACH property are available through Miami-Dade County public records. The complete ownership history of this property spans from 2025 to 2026, with 2 recorded transactions in the public record. The current assessed value represents 47% 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..