Skip to main content

$55,000,000
940 N Lake Way
Palm Beach, FL 33480
MLS# RX-10939386
Status: Pending



940 N Lake Way, Palm Beach, FL 33480
  1 / 17  
940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480 940 N Lake Way, Palm Beach, FL 33480

Property Description
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.

Details
Maps
Documents
Contract Information
Listing Date: 2023-11-27
Status: Pending
Original List Price: 59000000
Auction: No
List Price: $55,000,000
Current Price: $55,000,000
Comm/Non-Rep: 2%
Comm/Buyer Agent: 2%
Comm/Trans Brk: 2%
General Property Description
Type: Single Family Detached
Lot Dimensions: 128 x 289
Lot SqFt: 34848
Waterfront: Yes
Waterfrontage: 128
Min Lv SqFt Rstrct: 8503
Subdivision: Palm Beach
Front Exp: East
Homeowners Assoc: None
Location, Tax & Legal
Area: 5001
Geo Area: PB30
Country: United States
County: Palm Beach
Parcel ID: 50434310000010052
Street #: 940
Street Dir: N
Street Name: Lake
Street Suffix: Way
State/Province: FL
Zip Code: 33480
Legal Desc: 10-43-43, S 128.5 FT OF N 358.5 FT OF SUB B GOV LT 1 LYG W OF LAKE WAY
Zoning: Residsential
Tax Year: 2023
Taxes: 396632
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
Geo Lat: 26.747419
Geo Lon: -80.041294
Office/Member Info
DXORIGMLNO: RX-10939386
DXORIGMLSID: RML
Status Change Info
Under Contract Type: Pending
Under Contract Date: 2024-04-01
Property Features
Land Use: Single Family
Location: Beach Area; Other
Lot Description: 1/2 to < 1 Acre
Develop Status: Recorded Plat
Improvements: Cleared
Utilities Avail: Cable; Electric; Gas; Public Water; Trash Removal
Utilities On Site: Electric; Electric Service Available; Gas; Public Water; Sewer
Waterfront Details: Intracoastal
View: Intracoastal
Ground Cover: Grassed; Other
Roads: Dirt
Avail Docs: Survey
Boat Services: Lift; Private Dock; Over 101 Ft Boat
Soil Type: Dirt
Trees: None
Terms Considered: Cash
Showing Instructions: Text Listing Agent
Possession: At Closing
Contingencies: None

Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: April - 01 - 2024

940 N Lake Way, Palm Beach, FL 33480 - MLS# RX-10939386
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.