583 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434310030000121 · Single Family · Zoning: 001
Assessed Value (2026)
$16,240,860
Property Details
Year Built
1993
Lot Sqft
22,517
Sales History
1
$14,500,000
2021-06-28
Tax Assessment History
$16,240,860
Assessed (2026)
$16,240,860
Market Value
$16,240,860
Taxable Value
$330,651
Annual Tax
2025
$16,240,864
2026
$16,240,860
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $16,240,860 | $16,240,860 | $16,240,860 | $330,651 | $10,355,400 | $5,885,464 |
| 2025 | $16,240,864 | $16,240,864 | $16,240,864 | $330,651 | $10,355,400 | $5,885,464 |
About 583 N LAKE WAY, PALM BEACH, FL 33480
583 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1993 on a 22,517 square foot lot. The property is currently owned by SALOMON DAVID R & SALOMON KIMBERLEY B, 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 2021-06-28 for $14,500,000. The 2026 assessed value is $16,240,860 with a market value of $16,240,860. This breaks down to $10,355,400 for the land and $5,885,464 for the building.
The assessed value decreased 0% from $16,240,864 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 $6,165,299 recorded against this property. 583 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 112% of the most recent sale price..
Current Owner
SALOMON DAVID R & SALOMON KIMBERLEY B
107 CLAPBOARD RIDGE RD, GREENWICH, CT, 06830
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$146,567 — $263,901
Flood $400 — $800
Property/Wind $146,167 — $263,101
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 2.375% rate
$7,000,000
JPMORGAN CHASE BANK NA · 2021-07-01
Est. Total Balance $6,165,299
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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