Is 401 Lake Ave over-assessed?

Public Florida records put its assessment at $751,903 — about 27.9% above the comparable sales its value should track, an estimated $209,453 over-assessment. We verify it by hand before saying you have a case.

How much could a property tax appeal save on this property?

An estimated $3,791 per year, using an estimated Florida composite millage rate applied to the over-assessment. Actual savings depend on the final reduction.

What does it cost to appeal?

Nothing upfront. WinningAppeals is paid only if your value comes down — the founding-year rate is 10% of your first-year savings. If the value doesn't move, you owe nothing.

Over-assessed vs. comparables

401 Lake Ave

Lake Worth, 33460 · Palm Beach County, Florida · commercial property · 1,764 sq ft · Fla. Stat. s.193.011(8)

$3,791estimated overpaid in property tax / year

This property's assessment sits above the comparable basis its tax bill should follow — a strong opening for an appeal.

What the public records show

Palm Beach public rollFlorida

Current assessment$751,903

What the comparable sales support$542,450

Estimated over-assessment$209,453 · 27.9%

Comparable basis$362/SF

Estimated tax saved / year$3,791

Straight from the public Florida roll. The estimated saving applies an estimated composite millage to the over-assessment. We adjust comparables for size, age, and location before we say a word about your property — and we never name owners.

The comparable basis

The 8 comparable sales behind the number

Each comparable is adjusted toward this property for size and age, then we take the median. Owners are never named — only the public sale figures matter.

Comparable sale $/SFAdjusted $/SFSizeBuilt

$224$2211,440 SF1965

$292$2982,058 SF1965

$319$3061,825 SF1955

$333$3331,500 SF1967

$355$3421,550 SF1959

$402$3821,767 SF1954

$539$5221,764 SF1958

$691$7142,272 SF1965

Why this is the lever

Fla. Stat. s.193.011(8)

Under s.193.011(8), Just Value must be net of the usual and reasonable costs of sale (customarily ~15%). Where an assessment meets or exceeds the gross price comparable properties actually sold for, it cannot reflect net-of-cost just value, and the Value Adjustment Board can reduce it.

How a Florida commercial property tax appeal works →

Your free review

See the full comparable analysis and start your review

The number above is free. Enter your email and we'll send the full breakdown for 401 Lake Ave and tell you, with no obligation, whether it's worth filing. A licensed Florida agent handles everything from there. You pay only if your value comes down.

Nothing due unless we lower your bill.
A licensed Florida agent files and represents you.
Built from Palm Beach County's own public records.

Other Palm Beach County properties over the line

6000 W Glades Rd$433,891,833 over 3101 Pga Blvd$262,378,356 over 1 S County Rd$248,581,369 over 100 S Ocean Blvd$140,281,854 over 2800 S Ocean Blvd$129,375,038 over 150 Worth Ave$123,499,100 over

All Palm Beach County over-assessments →Florida commercial property tax appeals →