517 42ND ST, WEST PALM BEACH, FL 33407
Parcel: 74434304040150340 · Single Family · Zoning: 001
Assessed Value (2026)
$245,564
Property Details
Year Built
1960
Lot Sqft
5,253
Sales History
1
$45,000
2011-04-12
Tax Assessment History
$245,564
Assessed (2026)
$424,189
Market Value
$245,564
Taxable Value
$4,999
Annual Tax
2025
$424,189
2026
$245,564
$424,189
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $245,564 | $424,189 | $245,564 | $4,999 | $259,419 | $164,770 |
| 2025 | $424,189 | $424,189 | $424,189 | $8,636 | $259,419 | $164,770 |
About 517 42ND ST, WEST PALM BEACH, FL 33407
517 42ND ST, WEST PALM BEACH, FL 33407 is a property built in 1960 on a 5,253 square foot lot. The property is currently owned by CHERNET ADDIS, recorded as of 2026-04-01. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2011-04-12 for $45,000. The 2026 assessed value is $245,564 with a market value of $424,189. This breaks down to $259,419 for the land and $164,770 for the building.
The assessed value decreased 42% from $424,189 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.
517 42ND 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 546% 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
CHERNET ADDIS
517 42ND ST, WEST PALM BEACH, FL, 33407
Since: 2026-04-01
View owner profile →
Est. Annual Insurance
$3,052 — $5,662
Flood $400 — $800
Property/Wind $2,652 — $4,862
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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