Palm Beach, FL 33480,940 N Lake WAY
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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
Listed by Sotheby's Intl. Realty, Inc.
Bought with Christian Angle Real Estate

$50,000,000

Est. payment /mo

$55,000,000

9.1%
Est.Price: ?

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940 N Lake WAY Palm Beach, FL 33480

0.8 Acres Lot

SOLD DATE : 05/21/2024

Key Details

Sold Price $50,000,000

Property Type Single Family Home, Vacant Land

Sub Type Single Family Detached

Listing Status Sold

Purchase Type For Sale

Subdivision Palm Beach

MLS Listing ID RX-10939386

Annual Tax Amount $396,632

Tax Year 2023

Lot Size 0.800 Acres

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.

Location

State FL

County Palm Beach

Area 5001

Zoning Residsential

Exterior

Utilities Available Electric, Electric Service Available, Gas, Public Water, Sewer

Waterfront Yes

Waterfront Description Intracoastal

View City, Intracoastal

Exposure East

Building

Lot Description 1/2 to < 1 Acre

Others

Acceptable Financing Cash

Listing Terms Cash

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