Residential Waterfront Land with
For Sale
$10,900,000
1421 N Lake Way, Palm Beach, FL 33480
LAND - Palm Beach, FL
Property SizeContact for details
Lot Size0.31 Acres
Days on Market310
Property Features for 1421 N Lake Way
General Information
Property type
Land
Property subtype
Other
Zoning
Res
Vegetation
Grassed
Subdivision
NORTH SHORE ADD TO P B IN
Elementary school
Palm Beach Public
High school
Palm Beach Lakes
Directions
North end of the island. Reef Road just east of Intracoastal
Standard status
Active
APN
50434234080000420
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NORTH SHORE ADD TO PALM BEACH LT 42
Tax Annual Amount
108773
Legal Description
NORTH SHORE ADD TO PALM BEACH LT 42
Utilities
Utilities
Water Available
Water source
Public
Listing Agency:
Douglas Elliman
(561) 655-8600
Listed By:
Samantha Curry · License #3031158
(561) 530-2227
Added: Oct 7, 2025
Changed: Jul 9
Last Checked: Aug 12 at 6:06PM
MLS# R11130361
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Residential waterfront land opportunity in Palm Beach’s North End, improved with a currently livable main house and an attached guest cottage connected by a covered walkway. The main house features two bedrooms with wood flooring, spacious closets, and two bathrooms with walk-in showers. The guest cottage includes two additional bedrooms, a cozy sitting area, and a full bath. The landscaped grounds include a heated pool and spillover spa.
The property also comes with previously approved ARCOM plans for new construction; the plans are expired and would not be submitted for re-approval. The proposed home is 5,585 LSF with 4 beds in the main house plus a convertible den (office/library), along with a 2-bed guest house. Zoning is listed as Res. Public remarks note proximity to the Sailfish Club and the bike path.
The property also comes with previously approved ARCOM plans for new construction; the plans are expired and would not be submitted for re-approval. The proposed home is 5,585 LSF with 4 beds in the main house plus a convertible den (office/library), along with a 2-bed guest house. Zoning is listed as Res. Public remarks note proximity to the Sailfish Club and the bike path.
Key Highlights
- Oversized lot in Palm Beach's coveted North End location.
- Includes previously approved ARCOM plans for a main house and guest house (expired).
- Updated main house with 2 bedrooms, rich wood flooring, spacious closets, and tastefully designed bathrooms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
671
Businesses Nearby
Explore this area
Business Placement
Demographics for 33480, FL
10,716
Population
12,438
Households
0.9
Avg Household Size
68
Median Age
65%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
2,748
Density / Sq Mi
$151,121
Median Household Income
$81,850
Median Earnings
$1,840
Median Rent
$1,218,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Residential waterfront lot in Palm Beach with a main house, guest cottage, and heated pool with spillover spa.
Where is this waterfront land 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: Oversized lot in Palm Beach's coveted North End location.; Includes previously approved ARCOM plans for a main house and guest house (expired).; Updated main house with 2 bedrooms, rich wood flooring, spacious closets, and tastefully designed bathrooms.
