1306 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434234100000180 · Single Family · Zoning: 001
Assessed Value (2026)
$17,199,920
Property Details
Year Built
1996
Lot Sqft
28,604
Sales History
1
$5,225,000
2000-12-13
Tax Assessment History
$17,199,920
Assessed (2026)
$28,973,690
Market Value
$17,199,920
Taxable Value
$350,177
Annual Tax
2025
$28,973,687
2026
$17,199,920
$28,973,690
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $17,199,920 | $28,973,690 | $17,199,920 | $350,177 | $27,595,800 | $1,377,887 |
| 2025 | $28,973,687 | $28,973,687 | $28,973,687 | $589,881 | $27,595,800 | $1,377,887 |
About 1306 N LAKE WAY, PALM BEACH, FL 33480
1306 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1996 on a 28,604 square foot lot. The property is currently owned by READ JAMES A & READ PATRICIA Q, 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 2000-12-13 for $5,225,000. The 2026 assessed value is $17,199,920 with a market value of $28,973,690. This breaks down to $27,595,800 for the land and $1,377,887 for the building.
The assessed value decreased 41% from $28,973,687 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.
1306 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 329% 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
READ JAMES A & READ PATRICIA Q
46 SOUTHFIELD AVE STE 330, STAMFORD, CT, 06902
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$124,239 — $217,518
Flood $400 — $800
Property/Wind $123,839 — $216,718
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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