1226 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434303040000080 · Single Family · Zoning: 001
Assessed Value (2026)
$15,822,840
Property Details
Year Built
2000
Lot Sqft
18,436
Sales History
1
$10,500,000
2016-05-24
Tax Assessment History
$15,822,840
Assessed (2026)
$23,362,620
Market Value
$15,822,840
Taxable Value
$322,140
Annual Tax
2025
$23,362,616
2026
$15,822,840
$23,362,620
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $15,822,840 | $23,362,620 | $15,822,840 | $322,140 | $19,035,900 | $4,326,716 |
| 2025 | $23,362,616 | $23,362,616 | $23,362,616 | $475,644 | $19,035,900 | $4,326,716 |
About 1226 N LAKE WAY, PALM BEACH, FL 33480
1226 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 2000 on a 18,436 square foot lot. The property is currently owned by MARANTZ ALAN & MARANTZ VIRGINIA, 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 2016-05-24 for $10,500,000. The 2026 assessed value is $15,822,840 with a market value of $23,362,620. This breaks down to $19,035,900 for the land and $4,326,716 for the building.
The assessed value decreased 32% from $23,362,616 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 $10,578,671 recorded against this property. 1226 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 151% 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
MARANTZ ALAN & MARANTZ VIRGINIA
245 STERLING RD, HARRISON, NY, 10528
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$114,324 — $200,167
Flood $400 — $800
Property/Wind $113,924 — $199,367
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 1.875% rate
$12,000,000
JPMORGAN CHASE BANK NA · 2021-11-12
Est. Total Balance $10,578,671
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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