623 40TH ST, WEST PALM BEACH, FL 33407
Parcel: 74434304050310160 · Multi-Family (<10) · Zoning: 008
Assessed Value (2026)
$97,666
Property Details
Year Built
1935
Lot Sqft
10,490
Sales History
1
$17,500
1994-10-01
Tax Assessment History
$97,666
Assessed (2026)
$298,411
Market Value
$97,666
Taxable Value
$1,988
Annual Tax
2025
$298,411
2026
$97,666
$298,411
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $97,666 | $298,411 | $97,666 | $1,988 | $125,725 | $172,686 |
| 2025 | $298,411 | $298,411 | $298,411 | $6,075 | $125,725 | $172,686 |
About 623 40TH ST, WEST PALM BEACH, FL 33407
623 40TH ST, WEST PALM BEACH, FL 33407 is a property built in 1935 on a 10,490 square foot lot. The property is currently owned by MORRIS ROBERT K, 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 1994-10-01 for $17,500. The 2026 assessed value is $97,666 with a market value of $298,411. This breaks down to $125,725 for the land and $172,686 for the building.
The assessed value decreased 67% from $298,411 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.
623 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 558% 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
MORRIS ROBERT K
PO BOX 8797, WEST PALM BEACH, FL, 33407
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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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