2 months on rocket

1265 N Lake Way, Palm Beach, FL, 33480

$37,950,000

0.44 Acres
Land
Schools Nearby

Location

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Property Highlights

WaterfrontIntracoastal, Seawall
ViewIntracoastal
MLS #RX-10962069
Lot Size0.44 Acres
StatusActive

About 1265 N Lake Way

Price includes land and plans! This property has approximately 90 feet of waterfront on the Intracoastal and a total lot size of 19,000+ square feet. Beach access at Kenlyn Rd. This property offers a rare opportunity to create a waterfront residence on North Lake Way. Enjoy access to boating and water sports from your backyard. All while staying a short proximity to beaches, dining, shopping, and everything else Palm Beach Island has to offer.

Property Details

Property Features

Listing Office:

  • Office Name: Douglas Elliman (Palm Beach)
  • Office Phone: (561) 655-8600
  • Listing Agent: Christopher Leavitt

Exterior Features

Exterior Information:

  • Waterfront: Intracoastal, Seawall
  • View: Intracoastal

Virtual/3D Tour

  • Virtual Tour: 1265 N Lake Way

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.44 Acres

School Info

Assigned Schools Information:

  • Palm Beach Lakes High School, Public Magnet Grades PK-12
  • Conniston Middle School, Public Magnet Grades 6-8
  • Palm Beach Public School, Public Magnet Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $37,950,000

Tax Information:

  • Annual Amount: $30,221
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.1M

Med. Price/SqFt

$711

Avg. Days On Market

143

# of Sold Homes

38

1265 N Lake Way vs Palm Beach

64 DAYS ON ROCKET

-79 Days

$37,950,000

+$36.8M More

KEY TAKEAWAY

This property is $36.8M more than the Median Sold Price in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10962069

Listing Office:

  • Office Name: Douglas Elliman (Palm Beach)
  • Office Phone: (561) 655-8600
  • Listing Agent: Christopher Leavitt

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 8:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$30,221$1,785,999
2019$30,156$1,745,845
2018$28,694$1,713,292
2017$28,682$1,678,053

History based on county public records data.

Payment Calculator

$189.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$113.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1101076
7
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 3.56 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1101077
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 5.71 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1101078
2
/10
  • Palm Beach Lakes High School

  • 3505 Shiloh Dr

  • 4.04 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $148,936. The most common annual income of people living in Palm Beach, FL is between $100k-200k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1265 N Lake Way

What is the listing price of this property?

The listing price of 1265 N Lake Way property is $37,950,000.

What type of property is this?

The property 1265 N Lake Way is land located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 1265 N Lake Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1265 N Lake Way are:
Palm Beach Public School: GreatSchools Rating 7/10
Conniston Middle School: GreatSchools Rating 4/10
Palm Beach Lakes High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $30,221 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1265 N Lake Way is 0.44 acres.
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Rocket HomesFloridaPalm Beach CountyPalm Beach334801265 N Lake Way

This home is located at 1265 N Lake Way in Palm Beach, FL and zip code 33480 in the North End neighborhood. This home sits on a 0.44 acre lot. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $37,950,000.

Over 3 listings were sold over their listed price in March 2024 in Palm Beach, FL. In the same period over 35 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Palm Beach, FL between February 2024 and March 2024 increased by 5.7%. In March 2024 median list price was $1,113,750 and the average listing age was 143 days.

From Rocket Homes Real Estate and based on county public records data.

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