1320 Lake Way
Palm Beach, FL 33480
7 bd 9 ba 6,266 sqft Built 2002 single_family
Most recent sale
$44,375,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $44,375,000 | MLS #22-246 |
| Feb 23, 2022 | Listed | $49,500,000 | MLS #RX-10778912 |
| Feb 22, 2022 | Listed | $49,500,000 | MLS #22-246 |
| Nov 3, 2021 | Sold | $33,410,000 | Public Record |
| Aug 14, 2018 | Sold | $14,509,040 | MLS #RX-10133467 |
| Jul 10, 2015 | Sold | $14,500,000 | Public Record |
| Jul 9, 2015 | Sold | $14,509,040 | BeachesMLS |
| May 5, 2015 | Listed | $17,995,000 | MLS #RX-10133467 |
| Mar 13, 2015 | Listing removed | $80,000 | PalmBeachFL |
| Mar 12, 2015 | Listed for rent | $80,000 | PalmBeachFL |
| Sep 23, 2013 | Sold | $8,260,000 | MLS #RX-2316749 |
| Nov 15, 2010 | Listing removed | $13,900,000 | PalmBeachFL |
| Nov 3, 2010 | Listing removed | $13,900,000 | JTHSMLS |
| Aug 4, 2010 | Price changed | $13,900,000 | MLS #09-2389 |
| Oct 17, 2009 | Listed | $17,500,000 | MLS #09-2389 |
| Oct 16, 2009 | Listed | $17,500,000 | MLS #R3055577 |
| Jul 22, 2008 | Sold | $11,000,000 | Public Record |
| May 25, 2004 | Sold | $8,260,000 | Public Record |
| May 12, 2004 | Listed | $10,900,000 | MLS #RX-2316749 |
| Mar 1, 2000 | Sold | $3,450,000 | Public Record |
| Jul 1, 1999 | Sold | $2,520,000 | Public Record |
| Nov 4, 1998 | Sold | $2,000,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $33,996,046 | $505,100 |
| 2023 | $7,386,446 | $25,651,500 | $33,037,946 | $494,599 |
| 2022 | $10,739,224 | $17,794,150 | $28,533,374 | $442,311 |
| 2021 | $4,165,297 | $10,587,426 | $14,752,723 | $239,542 |
| 2020 | — | — | $14,203,356 | $236,718 |
| 2019 | — | — | $12,912,142 | $218,941 |
| 2018 | $3,394,160 | $8,344,151 | $11,738,311 | $191,474 |
| 2017 | $3,279,434 | $8,783,316 | $12,062,750 | $201,099 |
| 2016 | $2,527,628 | $9,245,596 | $11,773,224 | $202,671 |
| 2015 | — | — | $8,517,293 | $154,312 |
| 2014 | — | — | $7,742,994 | $144,074 |
| 2013 | — | — | $7,039,085 | $127,201 |
| 2012 | — | — | $6,432,016 | $118,104 |
| 2011 | — | — | $6,457,152 | $121,355 |
| 2010 | — | — | $6,482,636 | $123,051 |
| 2009 | — | — | $8,942,911 | $163,713 |
| 2008 | — | — | $8,942,911 | $201,927 |
| 2007 | — | — | $9,868,149 | $166,224 |
Property facts
Year built
2002
Property type
single_family
Stories
2
Beds
7
Baths
9
Living area
6,266 sqft
Lot size
—
ZIP code
33480
City
Palm Beach
Street
Lake Way
Coordinates
26.76048, -80.04070
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$266,250
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1320 Lake Way last sell?
1320 Lake Way most recently sold on May 12, 2022 for $44,375,000.
What is the current tax assessment for 1320 Lake Way?
The most recent total assessment for 1320 Lake Way (year 2025) is $33,996,046 with $505,100 in property tax.
How does 1320 Lake Way's assessment compare to its last sale price?
The current assessment is 23.4% below the last sale price of $44,375,000.
When was 1320 Lake Way built?
1320 Lake Way was built in 2002.
How does 1320 Lake Way compare to others on Lake Way?
We track 8 other properties on Lake Way. Browse the list under "Other properties on Lake Way" to compare beds, baths, and sale history.
What are the property facts for 1320 Lake Way?
1320 Lake Way is a 7 bed, 9 bath, 6,266 sqft single_family.
Is 1320 Lake Way a flip candidate?
Yes — 1320 Lake Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1320 Lake Way a tax-appeal candidate?
No — 1320 Lake Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$6.64M
2026 Q4
$6.65M
ZIP 33480 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Way