508 Lake Ave, Lake Worth, FL 33460 Property Records

Palm Beach County property record for 508 Lake Ave, Lake Worth, FL 33460

Property Summary

Property Type	Neighborhood Shopping Center, Strip Center
Details	4,138 sqft · built 1950
Lot Size	0.156 acres (6,821 sqft)
Owner	Company Name on File
Last Sale	$875,000 (Jul 2017)
Tax Bill	$21,528 (2025)
Deeds & Mortgages	Oct 2022 Line of Credit Jul 2017 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`38-43-44-21-15-510-0110`

Property Details

APN / Parcel Number

Primary APN	`38-43-44-21-15-510-0110`

Interior

Stories	1 Story
Building Area	4,138 sqft Total Area

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1995
Exterior Material	Stucco
Construction Type	Concrete
Fire Resistance	Masonry Walls, Wood Interior
Roof Material	Tar & Gravel
Lot Area	6,821 sqft (0.156 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air

Location & Zoning

Street Address	508 LAKE AVE
City	LAKE WORTH
State	FL
Zip	33460-3809
Property Category	Commercial
Property Type	Commercial > Retail > Neighborhood Shopping Center, Strip Center
Local Zoning Code	DT
Legal Description	TOWN OF LAKE WORTH LT 11 (LESS N 5 FT) & LT 12 (LESS PT IN DB1137P147) BLK L
Legal Range	43E
Legal Township	44S
Legal Section	21
Legal Subdivision	LAKE WORTH TOWN OF
Legal Block	L
Legal Lot Number	11 12
Jurisdiction	PALM BEACH FL
Township / Civil Division	LAKE WORTH
Census Block Group	2
Census Block	2031
Census Tract	5203

Owner

508 Lake Ave, a commercial property, is owned by a company that bought it in July 2017 and is owner-occupied.

Source: Palm Beach County records, as of December 8, 2025

Owner of Record	Company Name on File
Mailing Address	508 LAKE AVE, LAKE WORTH BEACH, FL 33460-3809
Occupancy	Owner Occupied
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 19, 2022	Deed of Trust, Mortgage · Line of Credit SOUTH STATE BANK NA
Jul 20, 2017	Warranty Deed, Transfer · Commercial Mortgage SEACOAST NATIONAL BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 20, 2017 · Amount on File
Deed Sale	Jul 20, 2017 · Amount on File
Prior Sale	Oct 31, 2003 · Amount on File
Deed Document Number	20170259852
Deed Book / Page	29230 / 0579
Record Updated	Jun 8, 2026

October 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	PALM BEACH FL
Property Address	508 LAKE AVE, LAKE WORTH, FL 33460-3809
Transaction Type	Mortgage
Record Updated	Nov 25, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	824 LAKE AVE, LAKE WORTH, FL 33460-3754

Mortgage

Document Number	0338961473
Date	Oct 19, 2022
Book Page	33896/1473
Instrument	20220419155

Lender

Name	SOUTH STATE BANK NA
Type	Bank
Address	VERO BEACH, FL 32963

Agreement

Type	Line of Credit
Amount	Amount on Record

July 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	PALM BEACH FL
Recording Date	Jul 20, 2017
Property Address	508 LAKE AVE, LAKE WORTH, FL 33460-3809
Document Number	0292300579
Book / Page	29230 / 0579
Map Reference	MB2 PG29
Instrument Date	Jul 19, 2017
Instrument	20170259852
Transaction Type	Transfer
Record Updated	Aug 1, 2022
Title Company	ATTORNEY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$6,125.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	318 S DIXIE HWY STE 2, 318, LAKE WORTH, FL 33460-4452

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	508 LAKE AVE # D, D, LAKE WORTH, FL 33460-3809

Mortgage

Document Number	20170259854
Date	Jul 20, 2017
Instrument	20170259854

Lender

Name	SEACOAST NATIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 508 Lake Ave was $21,528.

Source: Palm Beach County assessment roll, as of July 1, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Palm Beach County
Municipality	Lake Worth Beach City
Unified School District	Palm Beach County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$21,528.00	$846,839 Land $379,501 Building $467,338	$846,839 Land $379,501 Building $467,338
2023	$20,247.00 (+6.14%)	$795,816 (+4.21%) Land $361,430 Building $434,386	$795,816 (+4.21%) Land $361,430 Building $434,386
2022	$19,076.00	$763,643 Land $344,238 Building $419,405	$763,643 Land $344,238 Building $419,405

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 508 Lake Ave in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 1982.

Source: FEMA National Flood Hazard Layer, effective September 24, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 23 policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	23 in force
Nearby Flood Claims	4 (1982–1998)
Claims Outside the SFHA	4 of 4
Most Recent Claim	Nov 1998 · Tropical Storm Mitch

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 508 Lake Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	LAKE WORTH BEACH UTILITIES serves 48,000 people · EPA ID FL4500773
Water Source	Purchased surface water from several systems
Last State Inspection	Feb 2023
Lead	1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	5 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 688 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 2,000
Verizon Fixed Wireless	300 / 20
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

May also be available: Breezeline, T-Mobile.

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