1295 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434303050000080 · Single Family · Zoning: 001
Assessed Value (2026)
$3,605,616
Property Details
Year Built
1947
Lot Sqft
18,177
Sales History
1
$10non-market transfer
2015-08-06
Tax Assessment History
$3,605,616
Assessed (2026)
$9,040,835
Market Value
$3,554,894
Taxable Value
$72,375
Annual Tax
2025
$3,605,616
$9,040,835
2026
$3,605,616
$9,040,835
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $3,605,616 | $9,040,835 | $3,554,894 | $72,375 | $8,362,778 | $678,057 |
| 2025 | $3,605,616 | $9,040,835 | $3,580,616 | $72,898 | $8,362,778 | $678,057 |
About 1295 N LAKE WAY, PALM BEACH, FL 33480
1295 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1947 on a 18,177 square foot lot. The property is currently owned by MCKELVY JAMES P & MCKELVY SYDNEY L, 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 2015-08-06 for $10. The 2026 assessed value is $3,605,616 with a market value of $9,040,835. This breaks down to $8,362,778 for the land and $678,057 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.
There are active mortgage liens totaling $979,533 recorded against this property. 1295 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..
Current Owner
MCKELVY JAMES P & MCKELVY SYDNEY L
1295 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$39,340 — $72,191
Flood $400 — $800
Property/Wind $38,940 — $71,391
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 2.875% rate
$1,114,500
THE NORTHERN TRUST CO · 2021-03-29
Est. Total Balance $979,533
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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