1350 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434234100000072 · Single Family · Zoning: 001
Assessed Value (2026)
$58,757,830
Property Details
Year Built
2013
Lot Sqft
35,631
Sales History
1
$66,136,500
2025-12-22
2
$66,136,500
2025-12-31
Tax Assessment History
$58,757,830
Assessed (2026)
$59,509,060
Market Value
$58,757,830
Taxable Value
$1,196,262
Annual Tax
2025
$59,509,059
2026
$58,757,830
$59,509,060
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $58,757,830 | $59,509,060 | $58,757,830 | $1,196,262 | $38,083,950 | $21,425,110 |
| 2025 | $59,509,059 | $59,509,059 | $59,509,059 | $1,211,557 | $38,083,950 | $21,425,109 |
About 1350 N LAKE WAY, PALM BEACH, FL 33480
1350 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 2013 on a 35,631 square foot lot. The property is currently owned by 1350 NORTH LAKE WAY TRUST KOCHMAN RONALD S 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 2025-12-31 for $66,136,500. The 2026 assessed value is $58,757,830 with a market value of $59,509,060. This breaks down to $38,083,950 for the land and $21,425,110 for the building.
The assessed value decreased 1% from $59,509,059 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 $45,705,535 recorded against this property. 1350 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 2025 to 2025, with 2 recorded transactions in the public record. The current assessed value represents 89% of the most recent sale price..
Current Owner
1350 NORTH LAKE WAY TRUST KOCHMAN RONALD S TR
222 LAKEVIEW AVE STE 1500, WEST PALM BEACH, FL, 33401
Since: 2026-04-03
View owner profile →
Look up on FL Sunbiz →
Find registered agent and officers for this entity
Est. Annual Insurance
$317,692 — $529,620
Flood $400 — $800
Property/Wind $317,292 — $528,820
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
$46,294,900
BANK OF AMERICA NA · 2026-02-23
Est. Total Balance $45,705,535
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales