357 N LAKE WAY, PALM BEACH, FL 33480

Parcel: 50434314060000250 · Single Family · Zoning: 001

Assessed Value (2026)
$6,666,465

Property Details

Year Built
1951
Lot Sqft
15,257

Sales History

1
$7,053,050
2021-04-29

Tax Assessment History

$6,666,465
Assessed (2026)
$7,302,724
Market Value
$6,615,743
Taxable Value
$134,691
Annual Tax
2025
$6,666,465
$7,302,724
2026
$6,666,465
$7,302,724
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $6,666,465 $7,302,724 $6,615,743 $134,691
2025 $6,666,465 $7,302,724 $6,641,465 $135,215

About 357 N LAKE WAY, PALM BEACH, FL 33480

357 N LAKE WAY, PALM BEACH, FL 33480 is a property built in 1951 on a 15,257 square foot lot. The property is currently owned by HESSE SCOTT & HESSE WHITNEY, 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 2021-04-29 for $7,053,050. The 2026 assessed value is $6,666,465 with a market value of $7,302,724. This breaks down to $7,071,620 for the land and $231,104 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.

There are active mortgage liens totaling $5,000,000 recorded against this property. 357 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 95% of the most recent sale price..

Current Owner

HESSE SCOTT & HESSE WHITNEY
357 N LAKE WAY, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$72,397 — $132,796
Flood $400 — $800
Property/Wind $71,997 — $131,996

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
View full risk analysis →

Mortgages

ACTIVE
$5,000,000
0
FIELDPOINT PRIVATE BANK & TRUST · 2021-07-08
1 satisfied mortgage
SATISFIED 2020-02-10
$1,750,000
UBS BANK USA
Est. Total Balance $5,000,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales