Property Detail
Location Address : 1072 N LAKE WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-15-000-0040
Subdivision : NEW SIEARS TR REPL IN
Official Records Book/Page : 23523 / 259
Sale Date : 10/26/2009
Legal Description : REPLAT OF PT OF NEW SIEARS TR LT D /LESS E 5 FT ST R/W/
Owner Information
Owner(s) Mailing Address
DREMAN DAVID
1072 N LAKE WAY
PALM BEACH FL 33480 3252
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
10/26/2009 $10 23523 / 00259 QUIT CLAIM DREMAN DAVID
10/26/2009 $11,900,000 23523 / 00250 WARRANTY DEED DREMAN DAVID
10/20/2008 $10 22918 / 00051 QUIT CLAIM FORMAN SAM
02/27/2003 $2,850,000 14915 / 01054 QUIT CLAIM FORMAN SAM
05/01/1997 $100 09809 / 01783 DEED OF TRUST FORMAN SAM
05/01/1997 $2,450,000 09809 / 01779 REP DEED
02/01/1985 $1,000,000 04460 / 01459 WARRANTY DEED
01/01/1968 $98,000 01691 / 00000
Exemption Information
Applicant/Owner(s) Year Detail
DREMAN DAVID 2026 HOMESTEAD
DREMAN DAVID 2026 ADDITIONAL HOMESTEAD
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 9807
Acres : .65
Property Use Code : 0100—SINGLE FAMILY
Zoning : R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 1999
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms
Full Baths 6
Half Baths
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 MARBLE
Floor Type 2 N/A
Stories 2

Subarea and Square Footage for Building 1
Code Description square Footage
UOP Unfinished Open Porch 1007
FGR Finished Garage 528
FGR Finished Garage 564
UOP Unfinished Open Porch 45
UOP Unfinished Open Porch 45
BAS Base Area 5032
FUS Finished Upper Story 2133
NVA No Value Area 130
NVA No Value Area 195
FOP Finished Open Porch 64
FOP Finished Open Porch 64
Total Square Footage 9807
Area Under Air 7165
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Boat Lift 2012 1
Pool - In-Ground 1999 1
Boat Dock 1994 1500

Property Land Details

Land Line # Description Zoning Acres
2 INTRACOASTAL WATERWAY STRIP R-B 0.0790
1 INTRACOASTAL R-B 0.5735
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $3,590,461 $3,016,377 $2,630,249 $4,794,785 $4,521,814
Land Value $30,883,200 $29,977,500 $27,479,400 $21,113,095 $18,541,750
Total Market Value $34,473,661 $32,993,877 $30,109,649 $25,907,880 $23,063,564
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $10,233,339 $9,964,303 $9,683,482 $9,401,439 $9,127,611
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $10,181,928 $9,913,581 $9,633,482 $9,351,439 $9,077,611
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $151,093 $147,568 $143,412 $140,551 $140,821
NON AD VALOREM $1,965 $1,952 $1,941 $1,775 $1,771
TOTAL TAX $153,058 $149,520 $145,353 $142,326 $142,593
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov