1260 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434303060000112 · Vacant Residential · Zoning: 000
Assessed Value (2026)
$21,732,270
Sales History
1
$17,750,000
2021-04-13
Tax Assessment History
$21,732,270
Assessed (2026)
$23,954,610
Market Value
$21,732,270
Taxable Value
$442,452
Annual Tax
2025
$23,954,614
2026
$21,732,270
$23,954,610
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $21,732,270 | $23,954,610 | $21,732,270 | $442,452 | $23,883,900 | $70,714 |
| 2025 | $23,954,614 | $23,954,614 | $23,954,614 | $487,697 | $23,883,900 | $70,714 |
About 1260 N LAKE WAY, PALM BEACH, FL 33480
1260 N LAKE WAY, PALM BEACH, FL 33480 is a property. The property is currently owned by 1260 LAKE LLC, 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 2021-04-13 for $17,750,000. The 2026 assessed value is $21,732,270 with a market value of $23,954,610. This breaks down to $23,883,900 for the land and $70,714 for the building.
The assessed value decreased 9% from $23,954,614 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.
1260 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 122% 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
1260 LAKE LLC
9002 BURMA RD STE 100, LAKE PARK, FL, 33403
Since: 2026-04-03
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Est. Annual Insurance
$195,990 — $352,862
Flood $400 — $800
Property/Wind $195,590 — $352,062
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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