12198 40TH ST S, WELLINGTON, FL 33449
Parcel: 73414427000001050 · Single Family · Zoning: 001
Assessed Value (2026)
$1,698,022
Property Details
Year Built
2009
Lot Sqft
227,383
Sales History
1
$197,500
2001-03-15
Tax Assessment History
$1,698,022
Assessed (2026)
$5,109,108
Market Value
$1,647,300
Taxable Value
$33,538
Annual Tax
2025
$1,698,022
$5,109,108
2026
$1,698,022
$5,109,108
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $1,698,022 | $5,109,108 | $1,647,300 | $33,538 | $1,620,810 | $3,488,298 |
| 2025 | $1,698,022 | $5,109,108 | $1,673,022 | $34,061 | $1,620,810 | $3,488,298 |
About 12198 40TH ST S, WELLINGTON, FL 33449
12198 40TH ST S, WELLINGTON, FL 33449 is a property built in 2009 on a 227,383 square foot lot. The property is currently owned by CARMAKAL JOE &, 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 2001-03-15 for $197,500. The 2026 assessed value is $1,698,022 with a market value of $5,109,108. This breaks down to $1,620,810 for the land and $3,488,298 for the building.
The property has the following tax exemptions: homestead. The median household income in this area is $164,545, and the median home value is $1,046,700. The population density is 103 people per square mile.
12198 40TH ST S, WELLINGTON, FL 33449 is located in WELLINGTON, Florida. Property records, tax assessments, sales history, and ownership information for this WELLINGTON property are sourced from palm_beach County public records. The current assessed value represents 860% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
CARMAKAL JOE &
12198 40TH ST S, WELLINGTON, Florida, 33449
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$9,569 — $16,082
Flood $400 — $800
Property/Wind $9,169 — $15,282
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$164,545
Median Home Value$1,046,700
Pop. Density103/sq mi
Neighborhood 12198
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
11
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