5125 51ST WAY, WEST PALM BEACH, FL 33409
Parcel: 74434307040001151 · Single Family · Zoning: 001
Assessed Value (2026)
$165,844
Property Details
Year Built
1985
Lot Sqft
1,345
Sales History
1
$175,000
2020-10-20
Tax Assessment History
$165,844
Assessed (2026)
$250,675
Market Value
$115,122
Taxable Value
$2,344
Annual Tax
2025
$165,844
$250,675
2026
$165,844
$250,675
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $165,844 | $250,675 | $115,122 | $2,344 | $0 | $250,675 |
| 2025 | $165,844 | $250,675 | $140,844 | $2,867 | $ | $ |
About 5125 51ST WAY, WEST PALM BEACH, FL 33409
5125 51ST WAY, WEST PALM BEACH, FL 33409 is a property built in 1985 on a 1,345 square foot lot. The property is currently owned by VARELA CARLOS &, 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 2020-10-20 for $175,000. The 2026 assessed value is $165,844 with a market value of $250,675. The property has the following tax exemptions: homestead.
The median household income in this area is $78,854, and the median home value is $308,100. The population density is 4,416 people per square mile. There are active mortgage liens totaling $160,193 recorded against this property.
5125 51ST WAY, WEST PALM BEACH, FL 33409 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 95% of the most recent sale price..
Current Owner
VARELA CARLOS &
5125 51ST WAY, WEST PALM BEACH, Florida, 33409
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$78,854
Median Home Value$308,100
Pop. Density4,416/sq mi
Neighborhood 33409
44.9%
Owner-Occ
55.1%
Investor
5,115
Flips (4yr)
4,532
New Biz (3yr)
Distress Risk
MODERATE
29
Mortgages
ACTIVE
$171,830
CALIBER HOME LOANS INC · 2020-10-23
Est. Total Balance $160,193
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales