| Field | Value |
|---|---|
| Location Address | 940 N LAKE WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-10-00-001-0052 |
| Subdivision | |
| Official Records Book/Page | 35033 / 974 |
| Sale Date | 05/16/2024 |
| Legal Description | 10-43-43, S 128.5 FT OF N 358.5 FT OF SUB B GOV LT 1 LYG W OF LAKE WAY |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
940 N LAKE WAY LLC |
940 N LAKE WAY
PALM BEACH FL 33480 3323 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 05/16/2024 | $50,000,000 | 35033 / 00974 | WARRANTY DEED | 940 N LAKE WAY LLC |
| 07/24/2023 | $50,000,000 | 34467 / 01639 | WARRANTY DEED | JONES H C LIVING TRUST |
| 12/30/2009 | $10 | 23619 / 00176 | LEASE AGREEMENT | CENTURY WINES AND SPIRITS INC |
| 07/09/2002 | $7,370,000 | 13903 / 01281 | WARRANTY DEED | CENTURY WINES & SPIRITS INC |
| 11/01/1997 | $100 | 10149 / 00711 | LIFE ESTATE | |
| 01/01/1980 | $100 | 03237 / 01709 | ||
| 01/01/1975 | $725,000 | 02396 / 01177 | 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 0
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 0 |
| Acres | .80 |
| Property Use Code | 0000—VACANT |
| Zoning | R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 0
|
No Data Found |
Sketch
for Building 0
|
No Data Found |
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Boat Lift | 1974 | 1 |
| Boat Dock | 1974 | 872 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 2 | INTRACOASTAL WATERWAY STRIP | R-B | 0.0684 |
| 3 | RIGHT-OF-WAY | R-B | 0.0375 |
| 1 | INTRACOASTAL | R-B | 0.6904 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $41,324 | $10,791 | $10,031 | $2,653,111 | $2,495,454 |
| Land Value | $35,465,400 | $36,087,000 | $33,079,800 | $23,633,440 | $20,833,000 |
| Total Market Value | $35,506,724 | $36,097,791 | $33,089,831 | $26,286,551 | $23,328,454 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $41,324 | $10,791 | $10,031 | $2,653,111 | $2,495,454 | $3,245,784 | $3,210,131 | $3,522,330 | $2,576,174 | $2,516,262 |
| Land Value | $35,465,400 | $36,087,000 | $33,079,800 | $23,633,440 | $20,833,000 | $13,653,288 | $12,313,175 | $12,120,000 | $11,500,171 | $12,105,443 |
| Total Market Value | $35,506,724 | $36,097,791 | $33,089,831 | $26,286,551 | $23,328,454 | $16,899,072 | $15,523,306 | $15,642,330 | $14,076,345 | $14,621,705 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $35,506,724 | $36,097,791 | $33,089,831 | $26,286,551 | $9,232,131 |
| Exemption Amount | $0 | $0 | $0 | $0 | $50,000 |
| Taxable Value | $35,506,724 | $36,097,791 | $33,089,831 | $26,286,551 | $9,182,131 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $35,506,724 | $36,097,791 | $33,089,831 | $26,286,551 | $9,232,131 | $8,963,234 | $8,839,481 | $8,640,744 | $8,479,631 | $8,305,221 |
| Exemption Amount | $0 | $0 | $0 | $0 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $35,506,724 | $36,097,791 | $33,089,831 | $26,286,551 | $9,182,131 | $8,913,234 | $8,789,481 | $8,590,744 | $8,429,631 | $8,255,221 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $526,316 | $536,738 | $492,059 | $394,629 | $142,441 |
| NON AD VALOREM | $1,998 | $1,997 | $2,191 | $2,002 | $1,998 |
| TOTAL TAX | $528,314 | $538,735 | $494,250 | $396,632 | $144,439 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $526,316 | $536,738 | $492,059 | $394,629 | $142,441 | $144,790 | $145,148 | $144,309 | $137,542 | $137,675 |
| NON AD VALOREM | $1,998 | $1,997 | $2,191 | $2,002 | $1,998 | $2,187 | $2,156 | $2,155 | $2,173 | $2,128 |
| TOTAL TAX | $528,314 | $538,735 | $494,250 | $396,632 | $144,439 | $146,977 | $147,304 | $146,464 | $139,715 | $139,802 |
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.