535 40TH ST, WEST PALM BEACH, FL 33407
Parcel: 74434304040130270 · Single Family · Zoning: 001
Assessed Value (2026)
$352,318
Property Details
Year Built
1950
Lot Sqft
4,947
Sales History
1
$290,000
2021-11-29
Tax Assessment History
$352,318
Assessed (2026)
$365,143
Market Value
$352,318
Taxable Value
$7,173
Annual Tax
2025
$365,143
2026
$352,318
$365,143
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $352,318 | $365,143 | $352,318 | $7,173 | $227,143 | $138,000 |
| 2025 | $365,143 | $365,143 | $365,143 | $7,434 | $227,143 | $138,000 |
About 535 40TH ST, WEST PALM BEACH, FL 33407
535 40TH ST, WEST PALM BEACH, FL 33407 is a property built in 1950 on a 4,947 square foot lot. The property is currently owned by VALLA PROPERTY HOLDINGS LLC, 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 2021-11-29 for $290,000. The 2026 assessed value is $352,318 with a market value of $365,143. This breaks down to $227,143 for the land and $138,000 for the building.
The assessed value decreased 4% from $365,143 in 2025. The median household income in this area is $64,158, and the median home value is $468,600. The population density is 7,451 people per square mile.
535 40TH ST, WEST PALM BEACH, FL 33407 is located in WEST PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this WEST PALM BEACH property are sourced from palm_beach County public records. The current assessed value represents 121% 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
VALLA PROPERTY HOLDINGS LLC
515 N FLAGLER DR STE 1500, WEST PALM BEACH, FL, 33401
Since: 2026-04-01
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Est. Annual Insurance
$4,205 — $7,775
Flood $400 — $800
Property/Wind $3,805 — $6,975
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$64,158
Median Home Value$468,600
Pop. Density7,451/sq mi
Neighborhood 33407
46.3%
Owner-Occ
53.7%
Investor
5,086
Flips (4yr)
4,003
New Biz (3yr)
Distress Risk
MODERATE
37
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