Home in 1496 N Lake Way, Palm Beach, FL 33480 for sale with MLS# B26042044
Rare opportunity on Palm Beach Island's coveted north end. Set on an exceptional .22 acre parcel between the Atlantic Ocean and Intracoastal Waterway, this Mid-Century Modern residence offers endless possibilities to restore, renovate, or build a spectacular new estate. Surrounded by lush tropical landscaping and just a short walk to the beach, this property combines privacy, location, and extraordinary potential in one of Palm Beach's most desirable settings.
1496 N Lake Way, Palm Beach, FL 33480
Price
- Price:
- $9,000,000.00
- Original List Price:
- $9,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $3,121.74
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- June 17, 2026 3:42 am
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 3
- Full Bath:
- 2
- Half Bath:
- 1
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Master Bedroom Bath:
- 2 Master Suites
- Dining Area:
- Snack Bar/counter, Dining/Living Room, Breakfast Area
Measures
- Living Area:
- 2,883 Sqft
- Built-Up Area:
- 4,225 Sqft
- Building Area Source:
- Assessor
- Living Area Source
- Lot Features:
- Corner Lot, Landscaped, Many Trees
- Lot Size Acres:
- 0.22
Property Features
- View from the Property:
- Pool, Garden
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- In Ground, Free Form
- Appliances:
- Refrigerator, Electric Range, Oven
- Interior:
- Entrance Foyer, Built-in Features, Storage, Bedroom Layout - Split, Roman Tub
- Exterior:
- Balcony, Storage, Private Rooftop Terrace
- Patio and Porch:
- Patio, Deck, Patio - Covered, Patio - Open, Terrace
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Fence:
- Masonry, Back Yard
- Property Entrance Faces:
- North
- Road Responsibility:
- Public Maintained Road
- Balcony Details:
- Balcony - Covered
- Sprinkler Description:
- Auto Sprinkler
Construction
- Year Built:
- 1954
- Roof:
- Flat
- Architectural Style:
- Mid-century Modern
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Concrete
- Flooring:
- Marble, Concrete
- Number of stories:
- 2
- Structure Type:
- House
- Stories:
- 2
- Flood Zone Code:
- AE,X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $50,226.34
- Tax Year:
- 2025
- Tax Assessed Value:
- $2,600,475.00
- Property Tax Details:
- City/County
Parking
- Parking Total Spaces:
- 6
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Attached Garage
- Parking Features:
- Garage, Garage Door Opener, Attached Garage
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Available, Sewer Available, Water Available, Underground Utilities
- Water Source:
- Public
Community
- Membership Details:
- No Membership Available
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- BOCA RATONE CO INLET
- Senior Community:
- No
- Restrictions:
- No Restrictions
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- BOCA RATONE CO INLET SUB REV LAKE FRONT ADD W 10 FT OF LT 107 & LT 114
- Real Estate Folio Number (Parcel Number):
- 50434234030001071
- Zoning:
- R-B (city)
Public Schools Assigned
- Elementary School:
- Allapattah Flats K-8
- High School:
- Palm Beach Lakes
Listing History
- Active on the market since:
- June 17, 2026
- Listing Agreement executed on:
- June 12, 2026
- Listing Status Last Changed On:
- June 17, 2026 3:42 am
- Photos updated on:
- June 17, 2026 11:33 am
- Last Modified:
- July 16, 2026 7:45 pm
Additional Information
- Courtesy of:
- Compass Florida LLC
- Attribution:
- Not provided
- Road Surface Type:
- Paved
Location
- Street Name:
- Lake
- Street Number:
- 1496
- City:
- Palm Beach
- State:
- Florida
- Zip Code:
- 33480
- County:
- Palm Beach
- Latitude:
- N26° 46' 1.7''
- Longitude:
- W81° 57' 33''
- Street Suffix:
- Way
- Street Direction Prefix:
- N
Property Map

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$151,121
Median Home Value
$1,218,500
Median Rent
$1,840/mo
Median Age
69
Population
10,901