1421 N LAKE WAY, PALM BEACH, FL 02134
Parcel: 50434234080000420 · Single Family · Zoning: 001
Assessed Value (2026)
$7,219,529
Property Details
Year Built
1950
Lot Sqft
13,394
Sales History
1
$7,885,000
2022-02-15
2
$7,885,000
2022-02-22
Tax Assessment History
$7,219,529
Assessed (2026)
$7,219,529
Market Value
$7,219,529
Taxable Value
$146,984
Annual Tax
2025
$7,219,529
2026
$7,219,529
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $7,219,529 | $7,219,529 | $7,219,529 | $146,984 | $7,020,050 | $199,479 |
| 2025 | $7,219,529 | $7,219,529 | $7,219,529 | $146,984 | $7,020,050 | $199,479 |
About 1421 N LAKE WAY, PALM BEACH, FL 02134
1421 N LAKE WAY, PALM BEACH, FL 02134 is a property built in 1950 on a 13,394 square foot lot. The property is currently owned by REEF ROAD LLC, 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 2022-02-22 for $7,885,000. The 2026 assessed value is $7,219,529 with a market value of $7,219,529. This breaks down to $7,020,050 for the land and $199,479 for the building.
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 $4,619,587 recorded against this property.
1421 N LAKE WAY, PALM BEACH, FL 02134 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 92% of the most recent sale price..
Current Owner
REEF ROAD LLC
1200 SOLDIERS FIELD RD STE 102, ALLSTON, MA, 02134
Since: 2026-04-03
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Est. Annual Insurance
$78,370 — $143,746
Flood $400 — $800
Property/Wind $77,970 — $142,946
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 02134
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
16
Mortgages
ACTIVE 2.45% rate
$5,125,250
FIRST REPUBLIC BANK · 2022-05-19
Est. Total Balance $4,619,587
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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