1157 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434302010000130 · Single Family · Zoning: 001
Assessed Value (2026)
$20,532,410
Property Details
Year Built
2003
Lot Sqft
18,226
Sales History
1
$7,300,000
2013-05-07
Tax Assessment History
$20,532,410
Assessed (2026)
$20,532,410
Market Value
$20,532,410
Taxable Value
$418,023
Annual Tax
2025
$20,532,412
2026
$20,532,410
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $20,532,410 | $20,532,410 | $20,532,410 | $418,023 | $18,832,200 | $1,700,212 |
| 2025 | $20,532,412 | $20,532,412 | $20,532,412 | $418,023 | $18,832,200 | $1,700,212 |
About 1157 N LAKE WAY, PALM BEACH, FL 33480
1157 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 2003 on a 18,226 square foot lot. The property is currently owned by GABELLI MATTHEW, 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 2013-05-07 for $7,300,000. The 2026 assessed value is $20,532,410 with a market value of $20,532,410. This breaks down to $18,832,200 for the land and $1,700,212 for the building.
The assessed value decreased 0% from $20,532,412 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.
1157 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 281% 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
GABELLI MATTHEW
1157 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$111,275 — $185,591
Flood $400 — $800
Property/Wind $110,875 — $184,791
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
Zoom in to see property sales