1285 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434303060000340 · Single Family · Zoning: 001
Assessed Value (2026)
$2,798,035
Property Details
Year Built
1946
Lot Sqft
11,740
Sales History
1
$2,750,000
2020-07-20
Tax Assessment History
$2,798,035
Assessed (2026)
$5,761,851
Market Value
$2,747,313
Taxable Value
$55,933
Annual Tax
2025
$2,798,035
$5,761,851
2026
$2,798,035
$5,761,851
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $2,798,035 | $5,761,851 | $2,747,313 | $55,933 | $5,579,640 | $182,211 |
| 2025 | $2,798,035 | $5,761,851 | $2,773,035 | $56,457 | $5,579,640 | $182,211 |
About 1285 N LAKE WAY, PALM BEACH, FL 33480
1285 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1946 on a 11,740 square foot lot. The property is currently owned by RENTSCHLER FARLEY, 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 2020-07-20 for $2,750,000. The 2026 assessed value is $2,798,035 with a market value of $5,761,851. This breaks down to $5,579,640 for the land and $182,211 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 $1,789,067 recorded against this property. 1285 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 102% of the most recent sale price..
Current Owner
RENTSCHLER FARLEY
1285 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$30,618 — $56,201
Flood $400 — $800
Property/Wind $30,218 — $55,401
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
$1,925,000
FIRST REPUBLIC BANK · 2020-08-25
Est. Total Balance $1,789,067
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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