1540 40TH ST, WEST PALM BEACH, FL 33407
Parcel: 74434305020070230 · Single Family · Zoning: 001
Assessed Value (2026)
$211,066
Property Details
Year Built
1968
Lot Sqft
10,299
Sales History
1
$86,100
2000-07-14
Tax Assessment History
$211,066
Assessed (2026)
$384,205
Market Value
$135,344
Taxable Value
$2,755
Annual Tax
2025
$211,066
$384,205
2026
$211,066
$384,205
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $211,066 | $384,205 | $135,344 | $2,755 | $135,000 | $249,205 |
| 2025 | $211,066 | $384,205 | $186,066 | $3,788 | $135,000 | $249,205 |
About 1540 40TH ST, WEST PALM BEACH, FL 33407
1540 40TH ST, WEST PALM BEACH, FL 33407 is a property built in 1968 on a 10,299 square foot lot. The property is currently owned by WEBB MICHAEL, 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 2000-07-14 for $86,100. The 2026 assessed value is $211,066 with a market value of $384,205. This breaks down to $135,000 for the land and $249,205 for the building.
The property has the following tax exemptions: homestead. The median household income in this area is $55,640, and the median home value is $279,100. The population density is 4,712 people per square mile.
1540 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 245% 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
WEBB MICHAEL
1540 40TH ST, WEST PALM BEACH, FL, 33407
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$2,679 — $4,979
Flood $400 — $800
Property/Wind $2,279 — $4,179
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$55,640
Median Home Value$279,100
Pop. Density4,712/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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