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940 Lake Way

Palm Beach, FL 33480

Lot 34,685 sqft single_family
Most recent sale
$50,000,000
Jul 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 21, 2024 Sold $50,000,000 PalmBeachFL
Feb 2, 2024 Price changed $55,000,000 PalmBeachFL
Nov 29, 2023 Listed $59,000,000 BeachesMLSFlex
Jul 28, 2023 Sold $50,000,000 BeachesMLSFlex
Apr 12, 2023 Listed $55,000,000 BeachesMLSFlex
Jul 12, 2002 Sold $7,370,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $10,791 $36,087,000 $36,097,791 $538,734
2023 $10,031 $33,079,800 $33,089,831 $396,631
2022 $9,232,131 $144,439
2021 $8,963,234 $146,976
2020 $8,839,481 $147,303
2019 $8,640,744 $147,038
2018 $8,479,631 $139,714
2017 $8,305,221 $139,802
2016 $8,134,399 $139,399
2015 $8,077,854 $144,176
2014 $8,013,744 $144,874
2013 $7,895,314 $141,940
2012 $7,763,337 $141,790
2011 $7,780,558 $145,457
2010 $7,797,927 $147,240
2008 $10,826,103 $224,965
2007 $10,767,950 $181,369

Property facts

Year built
Property type
single_family
Stories
2
Beds
Baths
Living area
Lot size
34,685 sqft
ZIP code
33480
City
Palm Beach
Street
Lake Way
Coordinates
26.74745, -80.04130

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 940 Lake Way last sell?
940 Lake Way most recently sold on Jul 28, 2023 for $50,000,000.
What is the current tax assessment for 940 Lake Way?
The most recent total assessment for 940 Lake Way (year 2025) is $36,097,791 with $538,734 in property tax.
How does 940 Lake Way's assessment compare to its last sale price?
The current assessment is 27.8% below the last sale price of $50,000,000.
When was 940 Lake Way built?
The year built for 940 Lake Way is not in our records.
How does 940 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 940 Lake Way?
940 Lake Way is a 34,685 sqft lot single_family.
Is 940 Lake Way a flip candidate?
No — 940 Lake Way does not appear in our flips dataset.
Is 940 Lake Way a tax-appeal candidate?
No — 940 Lake Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$6.64M
2026 Q4
$6.65M
ZIP 33480 — Median Price History + Forecast

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