Opportunity awaits to build your dream home on this expansive 34,848-square-foot lot, offering 128 feet of water frontage and a very high elevation. This prime location not only provides a canvas for your ideal home, but also boasts a deep-water concrete dock, providing the perfect haven for maritime enthusiasts. The dock is thoughtfully designed to accommodate larger vessels over 100 feet, along with multiple smaller vessels. The dock features a substantial 40,000-pound lift for larger boats, and an additional 15,000-pound lift for smaller boats. Experience the epitome of waterfront living with unparalleled views and amenities on this expansive property. Enjoy deeded beach access nestled between Sandpiper and Eden Road and access to the Lake Trail right out your back gate.
Property Details
Property Features
Listing Office:
Office Name: Sotheby's Intl. Realty, Inc.
Office Phone: (561) 659-3555
Listing Agent: Todd Peter
Exterior Features
Exterior Information:
Waterfront: Intracoastal
View: City, Intracoastal
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: $55,000,000
Tax Information:
Annual Amount: $147,304
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Palm Beach, FL.
This property is $53.8M 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-10939386
Listing Office:
Office Name: Sotheby's Intl. Realty, Inc.
Office Phone: (561) 659-3555
Listing Agent: Todd Peter
All 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: 4/29/2024, 12:25:15 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
YEAR
PROP. TAX
ASSESSMENT
2020
$147,304
$8,839,481
2019
$147,038
$8,640,744
2018
$139,714
$8,479,631
2017
$139,802
$8,305,221
History based on county public records data.
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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
7
/10
Palm Beach Public School
239 Cocoanut Row
Distance between this listing and this school2.78 miles
Public Magnet Grades KG-5
Middle School
4
/10
Conniston Middle School
3630 Parker Ave
Distance between this listing and this school4.94 miles
Public Magnet Grades 6-8
High School
2
/10
Palm Beach Lakes High School
3505 Shiloh Dr
Distance between this listing and this school4.07 miles
Public Magnet Grades PK-12
Assigned Schools
7
/10
Palm Beach Public School
239 Cocoanut Row
Distance between this listing and this school2.78 miles
Public Magnet Grades KG-5
Nearby Schools
7
/10
Northboro Elementary School
400 40th St
Distance between this listing and this school0.78 miles
Public Magnet Grades PK-5
5
/10
Pleasant City Elementary School
2222 Spruce Ave
Distance between this listing and this school1.22 miles
Public District Grades PK-5
Assigned Schools
4
/10
Conniston Middle School
3630 Parker Ave
Distance between this listing and this school4.94 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Roosevelt Middle School
1900 N Australian Ave
Distance between this listing and this school1.88 miles
Public Magnet Grades 6-8
10
/10
Bak Middle School of The Arts
1725 Echo Lake Dr
Distance between this listing and this school2.61 miles
Public Magnet Grades 6-8
Assigned Schools
2
/10
Palm Beach Lakes High School
3505 Shiloh Dr
Distance between this listing and this school4.07 miles
Public Magnet Grades PK-12
Nearby Schools
9
/10
Alexander W Dreyfoos Junior School of The Arts
501 S Sapodilla Ave
Distance between this listing and this school2.92 miles
Public Magnet Grades 9-12
6
/10
Inlet Grove Community High School
600 W 28th St
Distance between this listing and this school3.15 miles
The neighbors living near this home have an average income of $216,931. The most common annual income of people living in Palm Beach, FL is $200k+. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 940 N Lake Way
What is the listing price of this property?
The listing price of 940 N Lake Way property is $55,000,000.
What type of property is this?
The property 940 N Lake Way is land located in Palm Beach, Florida, 33480.
Is this property for sale now?
Sale Pending: 940 N Lake Way is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 940 N Lake Way are: Palm Beach Public School: GreatSchools Rating 7/10Conniston Middle School: GreatSchools Rating 4/10Palm 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 $147,304 (source: MLS/based on county public records data).
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This home is located at 940 N Lake Way in Palm Beach, FL and zip code 33480 in the North End neighborhood. It has been listed on Rocket Homes since November 29, 2023 and is currently priced at $55,000,000.
In March 2024 more than 3 listings in Palm Beach, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 35 were sold below. The number of listings in Palm Beach, FL increased by 5.7% between February 2024 and March 2024. 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.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
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