975 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434310240000130 · Single Family · Zoning: 001
Assessed Value (2026)
$2,830,989
Property Details
Year Built
1965
Lot Sqft
15,548
Sales History
1
$2,325,000
2000-04-12
Tax Assessment History
$2,830,989
Assessed (2026)
$8,402,498
Market Value
$2,775,267
Taxable Value
$56,502
Annual Tax
2025
$2,830,989
$8,402,498
2026
$2,830,989
$8,402,498
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $2,830,989 | $8,402,498 | $2,775,267 | $56,502 | $7,238,880 | $1,163,618 |
| 2025 | $2,830,989 | $8,402,498 | $2,800,989 | $57,026 | $7,238,880 | $1,163,618 |
About 975 N LAKE WAY, PALM BEACH, FL 33480
975 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1965 on a 15,548 square foot lot. The property is currently owned by ALFELD MARILYN, 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 2000-04-12 for $2,325,000. The 2026 assessed value is $2,830,989 with a market value of $8,402,498. This breaks down to $7,238,880 for the land and $1,163,618 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.
975 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 122% 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
ALFELD MARILYN
975 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$30,974 — $56,853
Flood $400 — $800
Property/Wind $30,574 — $56,053
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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