1255 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434303080000140 · Single Family · Zoning: 001
Assessed Value (2026)
$12,390,080
Property Details
Year Built
1938
Lot Sqft
18,337
Sales History
1
$10non-market transfer
2018-06-26
Tax Assessment History
$12,390,080
Assessed (2026)
$21,625,090
Market Value
$12,390,080
Taxable Value
$252,252
Annual Tax
2025
$21,625,093
2026
$12,390,080
$21,625,090
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $12,390,080 | $21,625,090 | $12,390,080 | $252,252 | $20,683,500 | $941,593 |
| 2025 | $21,625,093 | $21,625,093 | $21,625,093 | $440,270 | $20,683,500 | $941,593 |
About 1255 N LAKE WAY, PALM BEACH, FL 33480
1255 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1938 on a 18,337 square foot lot. The property is currently owned by LANGE ELIZABETH, 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 2018-06-26 for $10. The 2026 assessed value is $12,390,080 with a market value of $21,625,090. This breaks down to $20,683,500 for the land and $941,593 for the building.
The assessed value decreased 43% from $21,625,093 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 $15,124,631 recorded against this property. 1255 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
LANGE ELIZABETH
791 PARK AVE # 2A, NEW YORK, NY, 10021
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$134,212 — $246,123
Flood $400 — $800
Property/Wind $133,812 — $245,323
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 2.25% rate
$16,875,000
JPMORGAN CHASE BANK NA · 2022-03-15
Est. Total Balance $15,124,631
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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