1540 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434234030000710 · Vacant · Zoning: 000
Assessed Value (2026)
$3,065,571
Sales History
1
$1,840,000
2018-05-21
Tax Assessment History
$3,065,571
Assessed (2026)
$5,519,365
Market Value
$3,065,571
Taxable Value
$62,413
Annual Tax
2025
$5,519,365
2026
$3,065,571
$5,519,365
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $3,065,571 | $5,519,365 | $3,065,571 | $62,413 | $5,519,365 | $0 |
| 2025 | $5,519,365 | $5,519,365 | $5,519,365 | $112,370 | $5,519,365 | $0 |
About 1540 N LAKE WAY, PALM BEACH, FL 33480
1540 N LAKE WAY, PALM BEACH, FL 33480 is a property. The property is currently owned by MURRAY W STEPHEN & MURRAY MUFFIE B, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2018-05-21 for $1,840,000. The 2026 assessed value is $3,065,571 with a market value of $5,519,365. The assessed value decreased 44% from $5,519,365 in 2025.
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. 1540 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 167% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
MURRAY W STEPHEN & MURRAY MUFFIE B
302 CARIBBEAN RD, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$27,990 — $50,462
Flood $400 — $800
Property/Wind $27,590 — $49,662
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
Zoom in to see property sales