1400 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434234100000062 · Single Family · Zoning: 001
Assessed Value (2026)
$6,935,054
Property Details
Year Built
1957
Lot Sqft
33,917
Sales History
1
$1,625,000
1990-06-01
Tax Assessment History
$6,935,054
Assessed (2026)
$36,722,000
Market Value
$6,884,332
Taxable Value
$140,159
Annual Tax
2025
$6,935,054
$36,721,998
2026
$6,935,054
$36,722,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $6,935,054 | $36,722,000 | $6,884,332 | $140,159 | $36,630,360 | $91,638 |
| 2025 | $6,935,054 | $36,721,998 | $6,910,054 | $140,683 | $36,630,360 | $91,638 |
About 1400 N LAKE WAY, PALM BEACH, FL 33480
1400 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1957 on a 33,917 square foot lot. The property is currently owned by KENAN STERLING H, 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 1990-06-01 for $1,625,000. The 2026 assessed value is $6,935,054 with a market value of $36,722,000. This breaks down to $36,630,360 for the land and $91,638 for the building.
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.
1400 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 427% 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
KENAN STERLING H
1400 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$75,298 — $138,114
Flood $400 — $800
Property/Wind $74,898 — $137,314
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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