515 Lake Way
Palm Beach, FL 33480
4 bd 5 ba 3,023 sqft Built 1963 Lot 12,094 sqft single_family
Most recent sale
$7,773,650
Jun 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 9, 2023 | Sold | $14,000,000 | Public Record |
| Nov 29, 2022 | Listed for rent | $40,000 | PalmBeachFL |
| Jun 13, 2022 | Sold | $7,773,650 | MLS #22-153 |
| Feb 1, 2022 | Listed | $8,475,000 | MLS #22-153 |
| Feb 5, 2020 | Sold | $2,800,000 | MLS #19-749 |
| Nov 18, 2019 | Price changed | $2,995,000 | MLS #RX-10515561 |
| Mar 24, 2019 | Listed | $3,350,000 | MLS #RX-10515561 |
| Mar 19, 2019 | Listed | $3,350,000 | MLS #19-749 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $5,174,178 | $5,605,569 | $10,779,747 | $161,237 |
| 2023 | $6,413,472 | $5,877,684 | $12,291,156 | $165,573 |
| 2022 | — | — | $3,046,368 | $57,791 |
| 2021 | $359,121 | $2,410,304 | $2,769,425 | $45,866 |
| 2020 | $60,620 | $2,146,987 | $2,207,607 | $37,328 |
| 2019 | — | — | $862,236 | $14,770 |
| 2018 | — | — | $846,159 | $14,055 |
| 2017 | — | — | $828,755 | $14,046 |
| 2016 | — | — | $811,709 | $13,448 |
| 2015 | — | — | $806,067 | $13,903 |
| 2014 | — | — | $799,670 | $13,968 |
| 2013 | — | — | $787,852 | $13,679 |
| 2012 | — | — | $774,682 | $13,655 |
| 2011 | — | — | $752,118 | $13,555 |
| 2010 | — | — | $741,003 | $13,469 |
| 2009 | — | — | $721,522 | $12,637 |
| 2008 | — | — | $721,522 | $11,556 |
| 2007 | — | — | $699,807 | $11,484 |
Property facts
Year built
1963
Property type
single_family
Stories
1
Beds
4
Baths
5
Living area
3,023 sqft
Lot size
12,094 sqft
ZIP code
33480
City
Palm Beach
Street
Lake Way
Coordinates
26.73303, -80.04012
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$46,642
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 515 Lake Way last sell?
515 Lake Way most recently sold on Jun 13, 2022 for $7,773,650.
What is the current tax assessment for 515 Lake Way?
The most recent total assessment for 515 Lake Way (year 2025) is $10,779,747 with $161,237 in property tax.
How does 515 Lake Way's assessment compare to its last sale price?
The current assessment is 38.7% above the last sale price of $7,773,650.
When was 515 Lake Way built?
515 Lake Way was built in 1963.
How does 515 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 515 Lake Way?
515 Lake Way is a 4 bed, 5 bath, 3,023 sqft, 12,094 sqft lot single_family.
Is 515 Lake Way a flip candidate?
Yes — 515 Lake Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 515 Lake Way a tax-appeal candidate?
No — 515 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