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    1421 N Lake Way Palm Beach, FL 33480

    For Sale
    $10,900,000

    Single Family Detached, Single Family - Palm Beach, FL

    Type:Single Family Residence
    Lot size:
    0.31 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1421 N Lake Way

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    Res
    APN
    50434234080000420
    Exterior features
    None
    Lot size
    0.31 Acres

    Building Details

    Architectural style
    Other

    Douglas Elliman Florida LLC (561) 655-8600 [email protected]

    Listing agent Samantha Curry (561) 655-8600

    Listing date Nov 5, 2025

    MLS# RX-11130361 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palm Beach Oversized Lot

    This property in Palm Beach's North End presents a rare opportunity. The oversized lot is primed for a custom rebuild, with ARCOM approved plans available for a seamless transition to a dream home. The proposed home will feature 5,585 living square feet and 6,293 total square feet, including 4 bedrooms in the main house, plus a convertible den (office/library), and 2 bedrooms in the guest house. Currently, the updated main house includes two bedrooms with wood flooring, spacious closets, and two bathrooms with walk-in showers. A guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a sitting area, and a full bath. The lot size is approximately 0.31 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.04033
    Latitude
    26.763819

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    FAQs

    What type of property is this?
    Single family property - Rare opportunity to build your dream home in Palm Beach.
    Where is this single family property located?
    The property is located at 1421 N Lake Way Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $10,900,000.
    What are key features of this property?
    This property features: - ARCOM approved plans for a 5,585 LSF / 6,293 TSF home, ready for custom rebuild.; - Oversized lot in Palm Beach's desirable North End.; - Existing updated main house with 2 bedrooms, wood flooring, spacious closets, and 2 bathrooms with walk-in showers.
    (561) 655-8600
    Request Owner's contact information
    1421 N Lake Way Palm Beach, FL 33480
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    Palm Beach, FL 33480
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1421 N Lake Way Palm Beach, FL 33480
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