1177 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434302010000392 · Single Family · Zoning: 001
Assessed Value (2026)
$2,613,791
Property Details
Year Built
1944
Lot Sqft
18,315
Sales History
1
$1,450,000
1997-05-01
Tax Assessment History
$2,613,791
Assessed (2026)
$19,622,580
Market Value
$2,558,069
Taxable Value
$52,080
Annual Tax
2025
$2,613,791
$19,622,577
2026
$2,613,791
$19,622,580
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $2,613,791 | $19,622,580 | $2,558,069 | $52,080 | $19,500,600 | $121,977 |
| 2025 | $2,613,791 | $19,622,577 | $2,583,791 | $52,604 | $19,500,600 | $121,977 |
About 1177 N LAKE WAY, PALM BEACH, FL 33480
1177 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1944 on a 18,315 square foot lot. The property is currently owned by SMITH SALLY A SMITH SALLY A TR, 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 1997-05-01 for $1,450,000. The 2026 assessed value is $2,613,791 with a market value of $19,622,580. This breaks down to $19,500,600 for the land and $121,977 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.
1177 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 180% 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
SMITH SALLY A SMITH SALLY A TR
1177 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$28,628 — $52,553
Flood $400 — $800
Property/Wind $28,228 — $51,753
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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