1123 FAULKNER TER, PALM BEACH GARDENS, FL 33418
Parcel: 52424126020002870 · Single Family · Zoning: 001
Assessed Value (2026)
$1,016,742
Property Details
Year Built
2018
Lot Sqft
5,201
Sales History
1
$10non-market transfer
2021-07-28
Tax Assessment History
$1,016,742
Assessed (2026)
$1,071,632
Market Value
$1,016,742
Taxable Value
$20,700
Annual Tax
2025
$1,071,632
2026
$1,016,742
$1,071,632
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $1,016,742 | $1,071,632 | $1,016,742 | $20,700 | $390,000 | $681,632 |
| 2025 | $1,071,632 | $1,071,632 | $1,071,632 | $21,818 | $390,000 | $681,632 |
About 1123 FAULKNER TER, PALM BEACH GARDENS, FL 33418
1123 FAULKNER TER, PALM BEACH GARDENS, FL 33418 is a property built in 2018 on a 5,201 square foot lot. The property is currently owned by WEN LI, recorded as of 2026-04-01. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2021-07-28 for $10. The 2026 assessed value is $1,016,742 with a market value of $1,071,632. This breaks down to $390,000 for the land and $681,632 for the building.
The assessed value decreased 5% from $1,071,632 in 2025. The median household income in this area is $115,285, and the median home value is $599,400. The population density is 2,095 people per square mile.
There are active mortgage liens totaling $314,225 recorded against this property. 1123 FAULKNER TER, PALM BEACH GARDENS, FL 33418 is located in PALM BEACH GARDENS, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH GARDENS property are sourced from palm_beach County public records..
Est. Annual Insurance
$5,890 — $9,950
Flood $400 — $800
Property/Wind $5,490 — $9,150
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$115,285
Median Home Value$599,400
Pop. Density2,095/sq mi
Neighborhood 33418
77.5%
Owner-Occ
22.5%
Investor
3,637
Flips (4yr)
3,544
New Biz (3yr)
Distress Risk
MODERATE
26
Mortgages
ACTIVE
$333,000
OCMBC INC · 2021-08-06
Est. Total Balance $314,225
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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