1496 N Lake Way, Palm Beach, FL 33480
BOCA RATONE CO INLET · Palm Beach County
Key Facts
Description
Rare opportunity on Palm Beach Island's coveted north end. Set on an exceptional .22 acre parcel between the Atlantic Ocean and Intracoastal Waterway, this Mid-Century Modern residence offers endless possibilities to restore, renovate, or build a spectacular new estate. Surrounded by lush tropical landscaping and just a short walk to the beach, this property combines privacy, location, and extraordinary potential in one of Palm Beach's most desirable settings.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1954
Stories
2
Living Area
4,225 sq ft
Lot Size
0.22 acres
Garage Spaces
2
Parking Spaces
6
Zoning
R-B (city)
Days on Market
34
MLS® Listing#
B26042044
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Patio
Fencing
Lot Features
Construction
Roof
Other Structures
Utilities
Sewer
Water Source
Rooms
- Kitchen
- Living Room
Schools
- Elementary:
- Palm Beach Public
- High:
- Palm Beach Lakes
Financial Details
HOA
None
Annual Taxes
$50,226
Tax year 2025
Assessed Value
$2,600,475
Parcel Number
50434234030001071
Directions
N Lake Way to corner of Mediterranean and N Lake Way
Affordability Calculator
$1,800,000
Estimated monthly payment
$47,902/mo
Principal $7,200,000 · Est. interest $10,044,641 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Palm Beach, FL
- $473,284
- Median Listing Price
- 108
- Median Days on Market
- 1,492
- Median Sq Ft
- $344
- Median Price / Sq Ft
- 31,799
- Active Listings
- This home’s price is 1802% above the area median.
- Its price per sq ft is 519% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Palm Beach, FL.
Location
- 1496 N Lake Way, Palm Beach, FL 33480
Points of Interest in Palm Beach, FL
Showing the Palm Beach area map.
Nearby Schools
Riviera Beach Maritime Academy
School · 1.2 mi away
Northboro Elementary School
Elementary · 1.5 mi away
West Riviera Elementary School
Elementary · 1.8 mi away
Potentials Charter School
Elementary · 2.0 mi away
Palm Beach Regional Detention Center
School · 2.0 mi away
Inlet Grove Community High School
Secondary · 2.0 mi away
Palm Beach County School District
Elementary · 2.0 mi away
Lincoln Elementary School
Elementary · 2.0 mi away
Highridge Family Center
School · 2.1 mi away
Kids-R-Kreative Learning Center
School · 2.2 mi away
Lake Park Elementary School
Elementary · 2.3 mi away
CSB Media Arts Center North Palm Beach, Fl
Secondary · 2.4 mi away
Palm Beach Code School
School · 2.4 mi away
Pleasant City Elementary School
Elementary · 2.5 mi away
Twiggs Academy
School · 2.6 mi away
Coastal Middle & Senior High School
Secondary · 2.6 mi away
Ephesus Junior Academy
Elementary · 2.7 mi away
R J Hendley Christian Community School
School · 2.7 mi away
Suncoast Community High School
Secondary · 2.7 mi away
Lake Park Baptist School
Secondary · 2.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3310 Garden Ave, Miami Beach, FL | $6,300,000 | 6 | 7 | 5,168 |
| 2534 Flamingo Dr, Miami Beach, FL | $6,300,000 | 4 | 4 | 3,168 |
| 1651 Diplomat Pkwy, Hallandale Beach, FL | $6,333,000 | 5 | 7 | 4,644 |
| 13401 Oleander Drive, Panama City Beach, FL | $6,333,800 | 9 | 11 | 5,758 |
| 100 S Pointe Dr 2208, Miami Beach, FL | $6,350,000 | 2 | 3 | 1,595 |
| 4534 Sheridan Ave, Miami Beach, FL | $6,350,000 | 5 | 7 | 3,746 |
Moving Cost Estimate
EXIT Agents in Palm Beach
Listing Courtesy: Compass Florida LLC - 5612854283
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.