515 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434314010000050 · Single Family · Zoning: 001
Assessed Value (2026)
$10,779,750
Property Details
Year Built
1963
Lot Sqft
12,094
Sales History
1
$7,773,650
2022-06-13
2
$14,000,000+80%
2023-01-25
3
N/A
2023-02-09
4
$14,000,000
2023-02-09
Tax Assessment History
$10,779,750
Assessed (2026)
$10,779,750
Market Value
$10,779,750
Taxable Value
$219,467
Annual Tax
2025
$10,779,747
2026
$10,779,750
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $10,779,750 | $10,779,750 | $10,779,750 | $219,467 | $5,605,569 | $5,174,178 |
| 2025 | $10,779,747 | $10,779,747 | $10,779,747 | $219,467 | $5,605,569 | $5,174,178 |
About 515 N LAKE WAY, PALM BEACH, FL 33480
515 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1963 on a 12,094 square foot lot. The property is currently owned by JORDAN GRETCHEN S TRUST, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2026 assessed value is $10,779,750 with a market value of $10,779,750. This breaks down to $5,605,569 for the land and $5,174,178 for the building.
The assessed value increased 0% from $10,779,747 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 $6,680,000 recorded against this property. 515 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 2022 to 2023, with 4 recorded transactions in the public record..
Current Owner
JORDAN GRETCHEN S TRUST
273 TANGIER AVE, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Look up on FL Sunbiz →
Find registered agent and officers for this entity
Est. Annual Insurance
$116,821 — $214,239
Flood $400 — $800
Property/Wind $116,421 — $213,439
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
$6,680,000
CONVENTUS LLC · 2022-06-13
Est. Total Balance $6,680,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales