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Sold for $14,900,000
  • $14,900,000

    1333 N Lake Way, Palm Beach, FL 33480

    --beds
    0baths
    0.56Acres
    Single Family Residence, Land
    Built in ----
    0.56 Acres Lot
    $-- Zestimate®
    $--/sqft
    $93,522 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $93,522/mo

    Zestimate® history
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    What's special

    The possibilities are endless at this prime lot with access to the Ocean Terrace Beach Cabana! This oversized lot measuring .56 acres ( 223 feet x 110 + - ) is located on the coveted North End of Palm Beach Island. A rare opportunity, this oversized assemblage includes an existing on-site structure and offers the chance to build a new construction home close to the beach. In addition to being nearby the prestigious Sailfish Club of Florida, this special lot includes easy access to the popular Lake Trail, which is literally just a few steps from the property. The neighborhood feels like you are in the Bahamas, but is also just minutes away from the full array of amenities, infrastructure, entertainment, and five-star dining which Palm Beach and West Palm Beach have to offer! DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.

    Zillow last checked:

    Listing updated:

    Listed by:

    MARGIT M BRANDT 561-655-5579,

    Premier Estate Properties, Inc.

    Bought with:

    TODD F. PETER, BK-3049697

    Sotheby's International Realty, Inc.

    Source: Palm Beach BOR,MLS#: 25-1326

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Waterfront features: None
    Lot
    • Size: 0.56 Acres
    • Features: 1/2 Acre to 1 Acre, Corner Lot
    Details
    • Parcel number: 50434303030000151
    • Zoning: 50- Rb - Rb (50-Palm Beach)

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    Community
    • Subdivision: Ocean Terrace
    Location
    • Region: Palm Beach

    Financial & listing details

    • Tax assessed value: $3,590,903
    • Annual tax amount: $177,421
    • Date on market: 9/17/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/30/2026Sold$14,900,000-7.5%
    Source: Palm Beach BOR #25-1326 Report a problem
    3/2/2026Pending sale$16,100,000
    Source: Palm Beach BOR #25-1326 Report a problem
    9/17/2025Listed for sale$16,100,000-45.4%
    Source: Palm Beach BOR #25-1326 Report a problem
    7/25/2024Listing removed--
    Source: Palm Beach BOR #24-126 Report a problem
    1/19/2024Listed for sale$29,500,000+1211.1%
    Source: Palm Beach BOR #24-126 Report a problem
    4/8/2011Sold$2,250,000+12.5%
    Source: Agent Provided Report a problem
    10/7/2004Sold$2,000,000
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2016$48,163 $2,231,456 +10%
    2015$48,163 +35%$2,028,596 +10%
    2014$35,674 +17.2%$1,844,178 +10%
    2013$30,429 +1%$1,676,525 +2.6%
    2012$30,125 +11%$1,633,584 +13.7%
    2011$27,148 -2.4%$1,437,309 -1.5%
    2010$27,826 -4.6%$1,459,132 -10.2%
    2009$29,162 -4.9%$1,625,058 -11.7%
    2008$30,674 +3.2%$1,839,399 +3.1%
    2007$29,724 -6.2%$1,783,440 +2.5%
    2006$31,687 $1,739,941 +3%
    2005-- $1,689,263 +86.3%
    2004$9,611 +9141.8%$906,855 +1.9%
    2003$104 -99.4%$889,946 +2.4%
    2002$17,095 +0.3%$869,088 +1.6%
    2001$17,048 +2%$855,402 +3%
    2000$16,717 +16.4%$830,487 +19.8%
    1999$14,363 $693,202
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

    GreatSchools rating