359 N LAKE WAY, PALM BEACH, FL 33480
Parcel: 50434314060000070 · Single Family · Zoning: 001
Assessed Value (2026)
$34,961,020
Property Details
Year Built
1983
Lot Sqft
49,087
Sales History
1
$11,480,000
2002-01-12
Tax Assessment History
$34,961,020
Assessed (2026)
$43,461,180
Market Value
$34,961,020
Taxable Value
$711,778
Annual Tax
2025
$43,461,186
2026
$34,961,020
$43,461,180
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $34,961,020 | $43,461,180 | $34,961,020 | $711,778 | $41,716,340 | $1,744,846 |
| 2025 | $43,461,186 | $43,461,186 | $43,461,186 | $884,835 | $41,716,340 | $1,744,846 |
About 359 N LAKE WAY, PALM BEACH, FL 33480
359 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1983 on a 49,087 square foot lot. The property is currently owned by FANJUL ALFONSO FLORIDA CRYSTALS CORP C/O, 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 2002-01-12 for $11,480,000. The 2026 assessed value is $34,961,020 with a market value of $43,461,180. This breaks down to $41,716,340 for the land and $1,744,846 for the building.
The assessed value decreased 20% from $43,461,186 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.
359 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 305% 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
FANJUL ALFONSO FLORIDA CRYSTALS CORP C/O
PO BOX 3435, WEST PALM BEACH, FL, 33402
Since: 2026-04-03
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Est. Annual Insurance
$315,049 — $567,168
Flood $400 — $800
Property/Wind $314,649 — $566,368
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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