1246 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434303080000130 · Single Family · Zoning: 001
Assessed Value (2026)
$18,795,240
Property Details
Year Built
1962
Lot Sqft
14,583
Sales History
1
$21,625,000
2023-06-12
2
$21,625,000
2023-06-13
Tax Assessment History
$18,795,240
Assessed (2026)
$18,795,240
Market Value
$18,795,240
Taxable Value
$382,656
Annual Tax
2025
$18,795,241
2026
$18,795,240
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $18,795,240 | $18,795,240 | $18,795,240 | $382,656 | $16,545,900 | $2,249,341 |
| 2025 | $18,795,241 | $18,795,241 | $18,795,241 | $382,656 | $16,545,900 | $2,249,341 |
About 1246 N LAKE WAY, PALM BEACH, FL 33480
1246 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1962 on a 14,583 square foot lot. The property is currently owned by MILLER MYRON M & MILLER MICHELLE, 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 2023-06-13 for $21,625,000. The 2026 assessed value is $18,795,240 with a market value of $18,795,240. This breaks down to $16,545,900 for the land and $2,249,341 for the building.
The assessed value decreased 0% from $18,795,241 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 $10,322,306 recorded against this property. 1246 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 complete ownership history of this property spans from 2023 to 2023, with 2 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price..
Current Owner
MILLER MYRON M & MILLER MICHELLE
1246 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$203,388 — $372,945
Flood $400 — $800
Property/Wind $202,988 — $372,145
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 5.125% rate
$10,812,500
DB PRIVATE WEALTH MORTGAGE LTD · 2023-06-13
Est. Total Balance $10,322,306
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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