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.

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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
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.