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940 N Lake Way, Palm Beach FL 33480

Lots/Land Recently Sold
$50,000,000

BTC: 827.81456954

ETH: 31,354.05627426

Sold on: 2024-05-21
126 days
Waterfront
0 room(s)

Overview

Opportunity awaits to build your dream home on this expansive 34,848-square-foot lot, offering 128 feet of water frontage and a very high elevation. This prime location not only provides a canvas for your ideal home, but also boasts a deep-water concrete dock, providing the perfect haven for maritime enthusiasts. The dock is thoughtfully designed to accommodate larger vessels over 100 feet, along with multiple smaller vessels. The dock features a substantial 40,000-pound lift for larger boats, and an additional 15,000-pound lift for smaller boats. Experience the epitome of waterfront living with unparalleled views and amenities on this expansive property. Enjoy deeded beach access nestled between Sandpiper and Eden Road and access to the Lake Trail right out your back gate.

Location

Florida • Palm Beach • 33480 • Lots/Land • Recently Sold • Waterfront

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.80 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Recent sales nearby
7 public-records sales within 0.5 mi
Median actual sale: $11.8M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$396,632
2023
View
Intracoastal View
Waterfront
Intracoastal Front
All facts and features

  • Lot

    • Lot: 0.80 Acres

    Other Property Information

    • Parcel Number: 50434310000010052

    • Zoning: Residsential

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $396,632

  • Source details

    • MLS ID: R10939386

    Other facts

    • Lot Features: Beach Area / Other Location / Dirt / 1/2 To Less Than 3/4 Acre Lot / Cleared Land / Beach Access / Cleared

    • Direction Faces: East

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 128x289

    • Subdivision Name: Palm Beach

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33480
193
median $1.2M
Active
Same city
Palm Beach
2,223
median $547K
Active
Same type
Lots/Land
14
median $1.0M
Active
Similar price
$38.5M – $71.5M
7
median $42.5M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sotheby's Intl. Realty, Inc.