1098 N LAKE WAY, PALM BEACH, FL 33480

Parcel: 50434303130000290 · Single Family · Zoning: 001

Assessed Value (2026)
$17,319,960

Property Details

Year Built
1984
Lot Sqft
25,928

Sales History

1
$11,650,000
2014-06-25

Tax Assessment History

$17,319,960
Assessed (2026)
$31,760,870
Market Value
$17,269,240
Taxable Value
$351,588
Annual Tax
2025
$17,319,964
$31,760,866
2026
$17,319,960
$31,760,870
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $17,319,960 $31,760,870 $17,269,240 $351,588
2025 $17,319,964 $31,760,866 $17,294,964 $352,112

About 1098 N LAKE WAY, PALM BEACH, FL 33480

1098 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1984 on a 25,928 square foot lot. The property is currently owned by SAUNDERS DAVID C, 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 2014-06-25 for $11,650,000. The 2026 assessed value is $17,319,960 with a market value of $31,760,870. This breaks down to $25,860,300 for the land and $5,900,566 for the building.

The assessed value decreased 0% from $17,319,964 in 2025. 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 $7,614,368 recorded against this property. 1098 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 149% 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

SAUNDERS DAVID C
1098 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$156,279 — $281,383
Flood $400 — $800
Property/Wind $155,879 — $280,583

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
View full risk analysis →

Mortgages

ACTIVE
$8,000,000
~$7,614,368 bal.
FIRST REPUBLIC BANK · 2022-04-29
Est. Total Balance $7,614,368
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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