940 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434310000010052 · Vacant Residential · Zoning: 000
Assessed Value (2026)
$36,097,790
Property Details
Lot Sqft
34,685
Stories
1
Sales History
1
$50,000,000
2023-08-01
2
$50,000,000
2024-05-01
3
$50,000,000
2024-05-16
4
$50,000,000
2024-05-22
Tax Assessment History
$36,097,790
Assessed (2026)
$36,097,790
Market Value
$36,097,790
Taxable Value
$734,922
Annual Tax
2025
$36,097,791
2026
$36,097,790
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $36,097,790 | $36,097,790 | $36,097,790 | $734,922 | $36,087,000 | $10,791 |
| 2025 | $36,097,791 | $36,097,791 | $36,097,791 | $734,922 | $36,087,000 | $10,791 |
About 940 N LAKE WAY, PALM BEACH, FL 33480
940 N LAKE WAY, PALM BEACH, FL 33480 is a property on a 34,685 square foot lot. The property is currently owned by 940 N LAKE WAY LLC, 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 2024-05-22 for $50,000,000. There are 4 recorded sales for this property. The 2026 assessed value is $36,097,790 with a market value of $36,097,790.
This breaks down to $36,087,000 for the land and $10,791 for the building. The assessed value decreased 0% from $36,097,791 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. 940 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 2024, with 4 recorded transactions in the public record. The current assessed value represents 72% of the most recent sale price..
Current Owner
940 N LAKE WAY LLC
940 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance
$325,280 — $585,584
Flood $400 — $800
Property/Wind $324,880 — $584,784
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
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