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510 N Lake Way, Palm Beach FL 33480

House For Sale
$16,995,000

BTC: 273.67149758

ETH: 10,099.83954359

-$5M (2026/02/24)
546 days
5 bds
6 ba
6,239 sqft

Overview

This British Colonial residence offers 6,922± total square feet with five bedrooms and six and a half bathrooms. Set on a 100' x 172' lot at the corner of Tangier Avenue and North Lake Way, the property features a large pool, covered loggia, and beautifully maintained grounds. The spacious foyer opens to the formal living room and a central gallery hall that connects the main living areas. The family room, located on the south side, opens through French doors to the covered loggia and pool. On the north side, the gallery leads to the formal dining room, library, and kitchen with adjoining dining area—an ideal layout for both everyday living and entertaining. Two guest bedrooms are located on the first floor, each with en suite baths and walk-in closets—one currently serving as a library. Additional first-floor features include a powder room, laundry room, and a two-car garage with separate service drive. Upstairs, the primary suite offers exceptional space and privacy with four walk-in closets, dual bathrooms, and ample storage. Two additional guest bedrooms on this level each include en suite baths and walk-in closets. Ideally situated on Palm Beach's North End, the residence is just moments from the Lake Trail, beaches, restaurants, and world-class shopping.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Circular Driveway / Parking Garage
Year Built:
1995
Lot:
0.39 Acres
Heating:
Central
Price/sqft:
$2,724
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$11,497,500
$2.9M – $17.0M
Confidence Low
List vs. estimate
$5.5M above estimate
List $16,995,000 · +47.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,723
+502.5% vs. city median $452
Based on
8 MLS comparables
+ 15 public-records sales within 0.5 mi
Median actual sale: $9.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$102,388
2024
Pool
Private
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Marble

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Free-Standing Freezer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Bar

    • Cooking Island

    • Fire Sprinklers

    • Entrance Foyer

    • Den/Library/Office

    • Great Room

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 6

  • Parking

    • 2 Or More Spaces

    • Circular Driveway

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    Lot

    • Lot: 0.39 Acres

    Other Property Information

    • Parcel Number: 50434314010000290

    • Zoning: R-B(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • Annual tax amount: $102,388

  • Source details

    • MLS ID: R11043720

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

    • Window Features: Complete Impact Glass

    • Direction Faces: East

    • Other Structures: Livable

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 6239

    • Subdivision Name: TANGIER EST

Private inquiry
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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.