1496 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434234030001071 · Single Family · Zoning: 001
Assessed Value (2026)
$2,600,475
Property Details
Year Built
1954
Lot Sqft
9,505
Sales History
1
$550,000
1999-05-01
Tax Assessment History
$2,600,475
Assessed (2026)
$4,317,875
Market Value
$2,600,475
Taxable Value
$52,944
Annual Tax
2025
$4,317,875
2026
$2,600,475
$4,317,875
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $2,600,475 | $4,317,875 | $2,600,475 | $52,944 | $4,310,286 | $7,589 |
| 2025 | $4,317,875 | $4,317,875 | $4,317,875 | $87,908 | $4,310,286 | $7,589 |
About 1496 N LAKE WAY, PALM BEACH, FL 33480
1496 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1954 on a 9,505 square foot lot. The property is currently owned by MARQUES DE OLASO JAVIER, 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 1999-05-01 for $550,000. The 2026 assessed value is $2,600,475 with a market value of $4,317,875. This breaks down to $4,310,286 for the land and $7,589 for the building.
The assessed value decreased 40% from $4,317,875 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.
1496 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 473% 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
MARQUES DE OLASO JAVIER
1496 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$28,485 — $52,289
Flood $400 — $800
Property/Wind $28,085 — $51,489
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
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