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1541 Prosperity Farms Road

1541 Prosperity Farms Road, West Palm Beach, FL 33403
Property in Lake Park
1541 Prosperity Farms Road in West Palm Beach, FL was first built in 1991 and is 33 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a office property type. It is a single story home. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 10,803 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. The roof of the home is made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $0 in taxes per year. The property on 1541 Prosperity Farms Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $454,561. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B-
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,803
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,584
  • Gross Building Area: 2,584
  • Building Area: 2,584
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Subdivision: LAKE PARK ADD NO 1
  • Land Acres: 0.248
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: LAKE PARK ADD NO 1 LOT 15 BLK 129

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001101

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 87
  • Parcel: 36-43-42-20-03-129-0150
  • Block: 129
  • Lot: 15
  • Meridian: SEC 20 TWN 42S RNG 43E
  • Municipality: LAKE PARK
  • Latitude: 26.8066
  • Longitude: -80.0738

    Address

  • Full Address: 1541 Prosperity Farms Rd
  • Address - House Number: 1541
  • Address - Street Name: Prosperity Farms
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C019
  • 4-Digit Zip Code: 2025
  • Zip Code: 33403

Valuation

    Tax

  • Total Area: 2,584
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 36501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 15, 2022
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 05, 2037

    Market Valuation

  • Market Total Value: $485,612
  • Market Land Value: $88,136
  • Market Improvement Value: $397,476

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $454,561

About Lake Park



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Nearby Rentals

Unit for rent at 1040 Morse Blvd, Singer Island, FL, 33404

$7,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,744 ft²
1040 Morse Blvd #1040, Singer Island, FL, 33404 Listing by Catherine Breese

Frequently Asked Questions

What neighborhood is 1541 Prosperity Farms Road located in?
The 1541 Prosperity Farms Road is a located in the neighborhood of Lake Park in Lake Park, West Palm Beach.
What is the average sales price for listings in 1541 Prosperity Farms Road?
The average sales price for units in 1541 Prosperity Farms Road is $0 currently.

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