NOT LISTED FOR SALE

1450 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,395,000 - $47,340,556

9 Beds
12 Baths
10,933 Sq Ft
$2,503/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $39,750,000 $3,636 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $202,287/month

204 Days on Market

Highlights

  • 133 Feet of Waterfront
  • Property has ocean access
  • Heated Pool
  • Palm Beach Public School Rated A-
  • Intracoastal View
  • Garage Apartment

About This Home

As of September 2021

Magical estate compound, 3/4 acres hidden on the north end with 133 feet of direct intracoastal frontage sitting directly on the water with deep water dock. The property is made up of three separate buildings with a total of 9 bedrooms, all en suite plus 3 half baths. The uniqueness of this property cannot be overstated. Built in the spirit of ''Old Palm Beach'' this house is of a size that is easily manageable and has the feeling of home. The grounds are landscaped in a way that creates a tropical garden. It is truly magical. When you are thinking location, location, location please keep in mind that this house is perfectly located with NO Bike Path in front of the house which means NO strangers walking or riding bikes past your private residence. What a great asset.

Last Agent to Sell the Property

Bradford Miller

Bradford P Miller Real Estate License #644812 Listed on: 02/05/2021

Co-Listed By

Pamela Miller

Bradford P Miller Real Estate License #3047633

Last Buyer's Agent

Lisa Cregan

Sotheby's Intl. Realty, Inc. License #3389810

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $132,709

Year Built

  • Built in 1940

Lot Details

  • 0.69 Acre Lot
  • 133 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Fruit Trees
  • Property is zoned R-A(ci

Parking

  • 3 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • Intracoastal
  • Pool

Home Design

  • Spanish Architecture
  • Barrel Roof Shape
  • Composition Roof

Interior Spaces

  • 10,933 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Awning
  • Double Hung Metal Windows
  • Wood Frame Window
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Intercom
  • Impact Glass

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Rip-Rap
  • Balcony
  • Deck
  • Open Patio
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Esplanade Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234070000262

Home Details

Home Type

Single Family

Est. Annual Taxes

$132,709

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Go north on N Lake Way to house on left at Onandaga
  • Year Built: 1940
  • Architectural Style: Other, Spanish/Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Kitchen/Dining Combo, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Living Area: 10933.0
  • Dining Room Type: Den, Family Room, Garage Apartment, Laundry, Dining Room, Florida Room
  • Stories: 2
  • Window Features: Double Hung, Impact Glass, Wood Frames

Exterior Features

  • Exterior Features: Balcony, Deck, Fruit Trees, Porch, Patio, Awning(s)
  • View: Intercoastal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Riprap, Seawall
  • Waterfront: Yes
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch, Wrap Around
  • Property Condition: Resale
  • Roof: Barrel, Composition

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Driveway, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Other Equipment: Intercom
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434234070000262
  • Lot Size Sq Ft: 30269.0
  • Zoning Description: R-A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 132709.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Sep 28, 2021
Sold by
Markin Susan
Bought by
Ziska Maura and The 1450 North Lake Way Trust
Seller's Agent
Bradford Miller
Bradford P Miller Real Estate
Buyer's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
List Price
$45,000,000
Sold Price
$39,750,000
Premium/Discount to List
-$5,250,000
-11.67%
Total Days on Market
204
Current Estimated Value
$27,367,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,382,222
Avg. Annual Appreciation
-9.65%
Original Mortgage
$23,850,000
Outstanding Balance
$21,931,827
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$5,435,951

Purchase Details

Closed on
Jul 7, 2004
Sold by
Morrison Carlos
Bought by
Markin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 1998
Sold by
Gaylean Dev Inc
Bought by
1450 North Lake Way Llc

Purchase Details

Closed on
Aug 18, 1997
Sold by
Realnor 1177 Inc
Bought by
Gaylean Dev Inc

Purchase Details

Closed on
Aug 15, 1997
Sold by
Palm Beach County Circuit Court
Bought by
Realnor 1177 Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ziska Maura $37,789,675 Attorney
Markin Susan $11,100,000 --
1450 North Lake Way Llc $2,800,000 --
Gaylean Dev Inc $2,800,000 --
Realnor 1177 Inc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziska Maura $23,850,000
Previous Owner Markin Susan $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $39,750,000 -11.7% $3,636 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $45,000,000 -- $4,116 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $583,906 $39,162,152 -- --
2023 $572,176 $38,021,507 $0 $0
2022 $573,331 $36,914,084 $0 $0
2021 $132,420 $8,070,577 $0 $0
2020 $132,709 $7,959,149 $0 $0
2019 $132,471 $7,780,204 $0 $0
2018 $125,877 $7,635,136 $0 $0
2017 $125,953 $7,478,096 $0 $0
2016 $125,635 $7,324,286 $0 $0
2015 $129,935 $7,273,372 $0 $0
2014 $130,567 $7,215,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bradford Miller

    Bradford P Miller Real Estate

    (561) 833-2776

    2 in this area

    41 Total Sales

    Bradford Miller
    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Pamela Miller

    Bradford P Miller Real Estate

    (561) 346-2540

    3 in this area

    27 Total Sales

    Pamela Miller
    Section Image

  • L

    Buyer's Agent in 2021

    Lisa Cregan

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    12 in this area

    56 Total Sales

    Lisa Cregan
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10690398

BeachesMLS

APN: 50-43-42-34-07-000-0262

Florida Palm Beach County Palm Beach 33480 North End

1450 N Lake Way, Palm Beach, FL

This home is located at 1450 N Lake Way, Palm Beach, FL 33480 since 05 February 2021 and is currently estimated at $27,367,778, approximately $2,503 per square foot. This property was built in 1940. 1450 N Lake Way is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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