1225 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434303090000090 · Single Family · Zoning: 001
Assessed Value (2026)
$4,928,609
Property Details
Year Built
1986
Lot Sqft
14,032
Sales History
1
$3,550,000
2020-03-23
Tax Assessment History
$4,928,609
Assessed (2026)
$7,037,502
Market Value
$4,928,609
Taxable Value
$100,343
Annual Tax
2025
$7,037,502
2026
$4,928,609
$7,037,502
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $4,928,609 | $7,037,502 | $4,928,609 | $100,343 | $6,590,790 | $446,712 |
| 2025 | $7,037,502 | $7,037,502 | $7,037,502 | $143,278 | $6,590,790 | $446,712 |
About 1225 N LAKE WAY, PALM BEACH, FL 33480
1225 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1986 on a 14,032 square foot lot. The property is currently owned by DONNELLY JOHN & DONNELLY ELIZABETH, 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 2020-03-23 for $3,550,000. The 2026 assessed value is $4,928,609 with a market value of $7,037,502. This breaks down to $6,590,790 for the land and $446,712 for the building.
The assessed value decreased 30% from $7,037,502 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 $1,580,837 recorded against this property. 1225 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 139% 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
DONNELLY JOHN & DONNELLY ELIZABETH
1225 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$44,757 — $80,643
Flood $400 — $800
Property/Wind $44,357 — $79,843
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 3.375% rate
$1,800,000
CITIBANK NA · 2020-10-24
1 satisfied mortgage
SATISFIED 2020-05-05
$2,300,000
THE FIRST STATE BANK
Est. Total Balance $1,580,837
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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