| Field | Value |
|---|---|
| Location Address | 1040 N LAKE WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-03-18-000-0151 |
| Subdivision | CORAL ESTATES IN |
| Official Records Book/Page | 33486 / 1606 |
| Sale Date | 02/08/2022 |
| Legal Description | CORAL ESTATES S 100 FT OF LTS 15 & 16 & UNDIV INT IN LTS 1-A & 15-A |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
1040 N LAKEWAY LLC |
29 COMMONWEALTH AVE UNIT PH
BOSTON MA 02116 2349 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 02/08/2022 | $32,000,000 | 33486 / 01606 | WARRANTY DEED | 1040 N LAKEWAY LLC |
| 03/26/2021 | $24,000,000 | 32356 / 00720 | WARRANTY DEED | 1040 NORTH LAKE HOLDINGS LLC |
| 01/13/2011 | $6,900,000 | 24317 / 00114 | WARRANTY DEED | GARDEN EDWARD & |
| 09/04/2007 | $9,800,000 | 22082 / 01276 | WARRANTY DEED | NEDERLANDER JAMES & |
| 01/01/1994 | $1,000,000 | 08190 / 00210 | WARRANTY DEED | MEYER SYDELLE TR |
| 01/01/1994 | $1,000,000 | 08190 / 00208 | WARRANTY DEED | |
| 05/10/1988 | $2,700,000 | 05691 / 01570 | WARRANTY DEED | |
| 04/01/1986 | $2,550,000 | 04862 / 01976 | WARRANTY DEED | |
| 06/01/1985 | $850,000 | 04586 / 01397 | WARRANTY DEED |
NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.
No Exemption Information Available.
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FGR Finished Garage | 399 |
| FOP Finished Open Porch | 75 |
| FEP Finished Enclosed Porch | 795 |
| BAS Base Area | 4456 |
| FUS Finished Upper Story | 600 |
| FST Finished Storage | 361 |
| Total Square Footage | 6686 |
| Area Under Air | 5056 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 6686 |
| Acres | .44 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Field | Value |
|---|---|
| Bldg Type | EXC-LUX.RES |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 1954 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 5 |
| Full Baths | 5 |
| Half Baths | 1 |
| Exterior Wall 2 | NONE |
| Roof Structure | WOOD TRUSS |
| Roof Cover | BUILT-UP TAR/GRAVEL |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | MARBLE |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Boat Dock | 1954 | 610 |
| Wall | 1954 | 630 |
| Pool - In-Ground | 2018 | 1 |
| Boat Lift | 2011 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | INTRACOASTAL | R-B | 0.4231 |
| 2 | INTRACOASTAL WATERWAY STRIP | R-B | 0.0195 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $1,024,199 | $6,394,949 | $5,561,195 | $9,903,478 | $10,416,467 |
| Land Value | $23,039,050 | $22,117,500 | $20,274,400 | $18,043,435 | $15,751,150 |
| Total Market Value | $24,063,249 | $28,512,449 | $25,835,595 | $27,946,913 | $26,167,617 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $1,024,199 | $6,394,949 | $5,561,195 | $9,903,478 | $10,416,467 | $2,300,522 | $2,537,654 | $2,748,804 | $2,006,827 | $1,935,772 |
| Land Value | $23,039,050 | $22,117,500 | $20,274,400 | $18,043,435 | $15,751,150 | $8,377,054 | $6,893,035 | $8,080,000 | $7,931,152 | $8,348,581 |
| Total Market Value | $24,063,249 | $28,512,449 | $25,835,595 | $27,946,913 | $26,167,617 | $10,677,576 | $9,430,689 | $10,828,804 | $9,937,979 | $10,284,353 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $24,063,249 | $28,459,852 | $25,835,595 | $27,946,913 | $26,167,617 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $24,063,249 | $28,459,852 | $25,835,595 | $27,946,913 | $26,167,617 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $24,063,249 | $28,459,852 | $25,835,595 | $27,946,913 | $26,167,617 | $10,373,758 | $9,430,689 | $10,581,277 | $9,581,268 | $8,710,244 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $24,063,249 | $28,459,852 | $25,835,595 | $27,946,913 | $26,167,617 | $10,373,758 | $9,430,689 | $10,581,277 | $9,581,268 | $8,710,244 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $356,690 | $423,502 | $384,186 | $419,556 | $405,470 |
| NON AD VALOREM | $1,466 | $1,453 | $1,442 | $1,322 | $1,318 |
| TOTAL TAX | $358,155 | $424,955 | $385,627 | $420,878 | $406,788 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $356,690 | $423,502 | $384,186 | $419,556 | $405,470 | $170,404 | $155,549 | $179,300 | $158,490 | $155,740 |
| NON AD VALOREM | $1,466 | $1,453 | $1,442 | $1,322 | $1,318 | $1,434 | $1,412 | $1,412 | $1,423 | $1,394 |
| TOTAL TAX | $358,155 | $424,955 | $385,627 | $420,878 | $406,788 | $171,838 | $156,961 | $180,712 | $159,914 | $157,134 |
BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.