1494 N LAKE WAY, PALM BEACH, FL 33480

Parcel: 50434234050000250 · Single Family · Zoning: 001

Assessed Value (2026)
$32,918,210

Property Details

Year Built
1998
Lot Sqft
34,244

Sales History

1
$32,525,000
2022-06-15
2
$32,525,000
2022-06-16

Tax Assessment History

$32,918,210
Assessed (2026)
$38,307,910
Market Value
$32,918,210
Taxable Value
$670,188
Annual Tax
2025
$38,307,913
2026
$32,918,210
$38,307,910
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $32,918,210 $38,307,910 $32,918,210 $670,188
2025 $38,307,913 $38,307,913 $38,307,913 $779,918

About 1494 N LAKE WAY, PALM BEACH, FL 33480

1494 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1998 on a 34,244 square foot lot. The property is currently owned by II 1494 LLC RABIDEAU GUY C/O, 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 2022-06-16 for $32,525,000. The 2026 assessed value is $32,918,210 with a market value of $38,307,910. This breaks down to $34,928,880 for the land and $3,379,033 for the building.

The assessed value decreased 14% from $38,307,913 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.

There are active mortgage liens totaling $25,116,655 recorded against this property. 1494 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 complete ownership history of this property spans from 2022 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 101% of the most recent sale price..

Current Owner

II 1494 LLC RABIDEAU GUY C/O
440 ROYAL PALM WAY STE 101, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance

$237,411 — $415,569
Flood $400 — $800
Property/Wind $237,011 — $414,769

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
View full risk analysis →

Mortgages

ACTIVE
$28,700,000
~$25,116,655 bal.
BANK OF AMERICA NA · 2023-06-29
Est. Total Balance $25,116,655
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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