Property detail

Field Value
Location Address 4000 LAKE AVE
Municipality WEST PALM BEACH
Parcel Control Number 74-43-44-04-07-000-0010
Subdivision VIRGINIA TERRACE IN
Official Records Book/Page 36800 / 1222
Sale Date 08/28/2026
Legal Description VIRGINIA TERRACE LOT 1 (LESS SOUTHERN BLVD R/W) & LOT 2

Owner INFORMATION

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Owner(s) Mailing Address Actions
4000 LAKE AVENUE LLC
6051 SOUTHERN BLVD STE 300
WEST PALM BEACH FL 33413 1863

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
08/28/2026 $10 36800 / 01222 WARRANTY DEED 4000 LAKE AVENUE LLC
02/12/2026 $2,250,000 36413 / 00086 WARRANTY DEED 4003 VIRGINIA TERRACE TWO LLC
06/20/2008 $10 22750 / 01519 QUIT CLAIM 4000 LAKE AVENUE SOUTH LLC
06/20/2008 $10 22750 / 01516 QUIT CLAIM GEER WILLIAM F SR
06/20/2008 $10 22750 / 01513 QUIT CLAIM GEER WILLIAM F SR
09/01/1998 $220,000 10698 / 01702 WARRANTY DEED

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
OFFICES 3276
GARAGE 252
Total Square Footage 3528

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 3528
Acres .24
Property Use Code 1700—OFFICE BLDG-NON MEDICAL 1 TO 3 STORIES
Zoning NC—NEIGHBORHOOD COMMERCIAL (74-WEST PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Year Built 1954
OFFICE BLDG L/R 1-4S 3528

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Wall 1982 156
Paving- Asphalt 1982 1029
Wall 1982 416
Paving- Asphalt 1954 5367

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL NC 0.2435

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $412,783 $337,473 $349,868 $252,506 $253,648
Land Value $434,887 $222,747 $212,140 $188,639 $179,685
Total Market Value $847,670 $560,220 $562,008 $441,145 $433,333
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $412,783 $337,473 $349,868 $252,506 $253,648 $216,663 $227,316 $234,105 $246,755 $241,059
Land Value $434,887 $222,747 $212,140 $188,639 $179,685 $154,033 $154,033 $146,652 $142,417 $135,641
Total Market Value $847,670 $560,220 $562,008 $441,145 $433,333 $370,696 $381,349 $380,757 $389,172 $376,700

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $587,165 $533,786 $485,260 $441,145 $407,766
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $587,165 $533,786 $485,260 $441,145 $407,766
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $587,165 $533,786 $485,260 $441,145 $407,766 $370,696 $381,349 $380,757 $389,172 $376,700
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $587,165 $533,786 $485,260 $441,145 $407,766 $370,696 $381,349 $380,757 $389,172 $376,700

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $13,614 $11,081 $10,410 $9,089 $8,762
NON AD VALOREM $1,232 $1,153 $1,091 $1,068 $1,035
TOTAL TAX $14,845 $12,234 $11,501 $10,156 $9,797
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $13,614 $11,081 $10,410 $9,089 $8,762 $8,061 $8,378 $8,444 $8,420 $8,268
NON AD VALOREM $1,232 $1,153 $1,091 $1,068 $1,035 $1,002 $986 $1,009 $857 $768
TOTAL TAX $14,845 $12,234 $11,501 $10,156 $9,797 $9,064 $9,364 $9,452 $9,277 $9,035

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.