1575 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434234020000641 · Single Family · Zoning: 001
Assessed Value (2026)
$9,330,085
Property Details
Year Built
2021
Lot Sqft
12,921
Sales History
1
$8,478,000
2021-03-02
Tax Assessment History
$9,330,085
Assessed (2026)
$12,582,010
Market Value
$9,279,363
Taxable Value
$188,920
Annual Tax
2025
$9,330,085
$12,582,009
2026
$9,330,085
$12,582,010
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $9,330,085 | $12,582,010 | $9,279,363 | $188,920 | $6,795,375 | $5,786,634 |
| 2025 | $9,330,085 | $12,582,009 | $9,305,085 | $189,444 | $6,795,375 | $5,786,634 |
About 1575 N LAKE WAY, PALM BEACH, FL 33480
1575 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 2021 on a 12,921 square foot lot. The property is currently owned by MACTAGGART IAN & MACTAGGART CHRISTINE, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2021-03-02 for $8,478,000. The 2026 assessed value is $9,330,085 with a market value of $12,582,010. This breaks down to $6,795,375 for the land and $5,786,634 for the building.
The property has the following tax exemptions: homestead. The median household income in this area is $250,001, and the median home value is $2,000,001. The population density is 1,713 people per square mile.
There are active mortgage liens totaling $4,705,714 recorded against this property. 1575 N LAKE WAY, PALM BEACH, FL 33480 is located in PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH property are sourced from palm_beach County public records.
The current assessed value represents 110% of the most recent sale price..
Current Owner
MACTAGGART IAN & MACTAGGART CHRISTINE
1575 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$50,782 — $84,770
Flood $400 — $800
Property/Wind $50,382 — $83,970
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$250,001
Median Home Value$2,000,001
Pop. Density1,713/sq mi
Neighborhood 33480
84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$6,150,000
BANK OF AMERICA NA · 2021-04-09
Est. Total Balance $4,705,714
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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