1181 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434302010000391 · Single Family · Zoning: 001
Assessed Value (2026)
$6,549,021
Property Details
Year Built
1989
Lot Sqft
19,192
Sales History
1
$7,885,000
2008-05-16
Tax Assessment History
$6,549,021
Assessed (2026)
$21,785,760
Market Value
$6,498,299
Taxable Value
$132,300
Annual Tax
2025
$6,549,021
$21,785,759
2026
$6,549,021
$21,785,760
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $6,549,021 | $21,785,760 | $6,498,299 | $132,300 | $19,979,400 | $1,806,359 |
| 2025 | $6,549,021 | $21,785,759 | $6,524,021 | $132,824 | $19,979,400 | $1,806,359 |
About 1181 N LAKE WAY, PALM BEACH, FL 33480
1181 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1989 on a 19,192 square foot lot. The property is currently owned by SAGE ANDREW G C III TRUST SAGE ANDREW G C III TRUSTEE, 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 2008-05-16 for $7,885,000. The 2026 assessed value is $6,549,021 with a market value of $21,785,760. This breaks down to $19,979,400 for the land and $1,806,359 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.
1181 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 83% of the most recent sale price..
Current Owner
SAGE ANDREW G C III TRUST SAGE ANDREW G C III TRUSTEE
400 N FLAGLER DR # PHD2, WEST PALM BEACH, FL, 33401
Since: 2026-04-03
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Est. Annual Insurance
$59,341 — $106,894
Flood $400 — $800
Property/Wind $58,941 — $106,094
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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