1480 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434234040000080 · Single Family · Zoning: 001
Assessed Value (2026)
$30,076,250
Property Details
Year Built
2014
Lot Sqft
46,175
Sales History
1
$35,375,000
2020-12-08
Tax Assessment History
$30,076,250
Assessed (2026)
$49,582,740
Market Value
$30,025,530
Taxable Value
$611,296
Annual Tax
2025
$30,076,253
$49,582,746
2026
$30,076,250
$49,582,740
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $30,076,250 | $49,582,740 | $30,025,530 | $611,296 | $42,828,750 | $6,753,996 |
| 2025 | $30,076,253 | $49,582,746 | $30,051,253 | $611,819 | $42,828,750 | $6,753,996 |
About 1480 N LAKE WAY, PALM BEACH, FL 33480
1480 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 2014 on a 46,175 square foot lot. The property is currently owned by SOUTHPAW TRUST KNISPEL LESTER J TR, 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 2020-12-08 for $35,375,000. The 2026 assessed value is $30,076,250 with a market value of $49,582,740. This breaks down to $42,828,750 for the land and $6,753,996 for the building.
The assessed value decreased 0% from $30,076,253 in 2025. 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 $24,550,349 recorded against this property. 1480 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 85% of the most recent sale price..
Current Owner
SOUTHPAW TRUST KNISPEL LESTER J TR
21731 VENTURA BLVD STE 300, WOODLAND HILLS, CA, 91364
Since: 2026-04-03
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Est. Annual Insurance
$162,811 — $271,486
Flood $400 — $800
Property/Wind $162,411 — $270,686
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
$29,580,000
BANK OF AMERICA NA · 2022-07-12
2 satisfied mortgages
SATISFIED 2020-12-16
$15,000,000
CIBC BANK USA
SATISFIED 2020-11-05
$9,000,000
DB PRIVATE WEALTH MORTGAGE LTD
Est. Total Balance $24,550,349
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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