Property Detail
Location Address : 500 LAKE AVE
Municipality : LAKE WORTH BEACH
Parcel Control Number : 38-43-44-21-15-510-0090
Subdivision : LAKE WORTH TOWN OF
Official Records Book/Page : 30593 / 1989
Sale Date : 05/03/2019
Legal Description : TOWN OF LAKE WORTH LTS 9 & 10 /LESS N 5 FT R/W/ BLK L
Owner Information
Owner(s) Mailing Address
500 LAKE AVE LLC
2770 S OCEAN BLVD APT S202N
PALM BEACH FL 33480 5599
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
05/03/2019 $1,092,650 30593 / 01989 WARRANTY DEED 500 LAKE AVE LLC
07/27/2004 $10 17343 / 00649 WARRANTY DEED BURCHETT ANITA TRUST
01/01/1976 $100 02524 / 01419
Exemption Information
No Exemption Information Available.
Property Information
Number of Units : 0
*Total Square Feet : 3971
Acres : .15
Property Use Code : 1100—STORES
Zoning : DT—DOWNTOWN (38-LAKE WORTH BEACH)
Building Details

Structural Details

Structural Element for Building 1
Year Built 1950
STRIP SHOPPING CNTR 3971

Subarea and Square Footage for Building 1
Code Description square Footage
MULTIPLE TENANT RETAIL SAL 3971
Total Square Footage 3971
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Paving- Asphalt 1950 1890

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL DT 0.1527
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $657,573 $646,473 $649,773 $631,733 $499,880
Land Value $407,110 $387,724 $387,724 $369,281 $316,590
Total Market Value $1,064,683 $1,034,197 $1,037,497 $1,001,014 $816,470
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $1,064,683 $1,034,197 $987,929 $898,117 $816,470
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $1,064,683 $1,034,197 $987,929 $898,117 $816,470
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $23,008 $22,889 $22,325 $21,035 $19,098
NON AD VALOREM $1,399 $1,312 $1,141 $1,101 $1,062
TOTAL TAX $24,407 $24,201 $23,466 $22,136 $20,160
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov