740 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434310040001161 · Single Family · Zoning: 001
Assessed Value (2026)
$7,100,188
Property Details
Year Built
1985
Lot Sqft
10,882
Sales History
1
$10non-market transfer
2025-05-01
2
N/A
2025-05-20
3
$7,000,000
2025-10-08
4
N/A
2025-10-14
5
$7,000,000
2025-10-14
Tax Assessment History
$7,100,188
Assessed (2026)
$7,100,188
Market Value
$7,100,188
Taxable Value
$144,554
Annual Tax
2025
$7,100,188
2026
$7,100,188
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $7,100,188 | $7,100,188 | $7,100,188 | $144,554 | $5,043,807 | $2,056,381 |
| 2025 | $7,100,188 | $7,100,188 | $7,100,188 | $144,554 | $5,043,807 | $2,056,381 |
About 740 N LAKE WAY, PALM BEACH, FL 33480
740 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1985 on a 10,882 square foot lot. The property is currently owned by VITRANO ANDREW & VITRANO MARGARET, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 5 recorded sales for this property. The 2026 assessed value is $7,100,188 with a market value of $7,100,188. This breaks down to $5,043,807 for the land and $2,056,381 for the building.
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.
740 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 2025 to 2025, with 5 recorded transactions in the public record..
Current Owner
VITRANO ANDREW & VITRANO MARGARET
740 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$64,301 — $115,823
Flood $400 — $800
Property/Wind $63,901 — $115,023
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
Zoom in to see property sales