510 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated payment $119,458/month
Total Views
14,118
4
Beds
7
Baths
6,239
Sq Ft
$3,205
Price per Sq Ft
Highlights
- Gas Heated Pool
- Waterfront
- Marble Flooring
- Palm Beach Public School Rated A-
- Colonial Architecture
- Lanai
About This Home
Elegant two-story British Colonial residence on an oversize lot, close proximity to town with direct Lake Trail access. This home has four bedrooms, six full baths, one half bath, a formal dining room, and a gracious living room and family room offering the perfect entertaining atmosphere inside and outside. A large gourmet eat-in kitchen that leads out to the covered loggia. The expansive backyard and pool area include a loggia perfect for outdoor living. The master suite has his and her baths, walk-in closets and a terrace. The property is surrounded with lush landscaping offering exclusive privacy from neighboring homes. This home enables one to truly live the Palm Beach Lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $96,851
Year Built
- Built in 1995
Lot Details
- Waterfront
- Home has sun exposure from multiple directions
- Fenced Front Yard
- Corner Lot
- Sprinkler System
- Property is zoned 50- Rb - Rb (50-Palm Beach)
Parking
- Attached Garage
Home Design
- Colonial Architecture
- Tile Roof
- Fiber Cement Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 6,239 Sq Ft Home
- 2-Story Property
- Wet Bar
- Ceiling Fan
- Fireplace
- Single Hung Windows
- Dining Room
- Library
- Utility Room
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Marble
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 7 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Hurricane or Storm Shutters
Pool
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Balcony
- Patio
- Lanai
Utilities
- Forced Air Zoned Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Tangier Estates Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434314010000290
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $102,388 | $6,027,261 | -- | -- |
| 2023 | $96,851 | $5,608,742 | $0 | $0 |
| 2022 | $87,164 | $5,224,501 | $0 | $0 |
| 2021 | $79,082 | $4,871,531 | $0 | $0 |
| 2020 | $80,645 | $4,888,222 | $0 | $0 |
| 2019 | $77,284 | $4,587,750 | $0 | $0 |
| 2018 | $75,892 | $4,655,318 | $0 | $0 |
| 2017 | $75,024 | $4,683,235 | $0 | $0 |
| 2016 | $70,732 | $4,108,327 | $0 | $0 |
| 2015 | $69,404 | $3,880,899 | $0 | $0 |
| 2014 | -- | $3,671,429 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Price Changed | $19,995,000 | -7.0% | $3,205 / Sq Ft |
| 12/06/2024 12/06/24 | For Sale | $21,500,000 | -- | $3,446 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $3,200,000 | -- | |
| Warranty Deed | $2,200,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $660,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $270,000 | New Conventional | |
| Closed | $2,837,000 | Unknown | |
| Previous Owner | $2,900,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $2,000,000 | Unknown | |
| Previous Owner | $1,900,000 | No Value Available | |
| Previous Owner | $800,000 | New Conventional | |
| Previous Owner | $1,400,000 | New Conventional |
Source: Public Records
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Source: Palm Beach Board of REALTORS®
MLS Number: 24-1877
APN: 50-43-43-14-01-000-0290
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