940 N LAKE WAY Palm Beach, FL 33480 | N/A | Single Family/Residential Estate | Land/Acreage

$55,000,000

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0.8 acres
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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.

Property Details

List Price $55,000,000 List Date 2023-11-29 MLS ID 23-1935 Status Active Property Type Single Family/Residential Estate Property Sub Type Land/Acreage County Palm Beach

structure

Baths 0.0 Total Baths 0 living area units Square Feet

characteristics

Lot Dim Source Yes Lot Description 1/2 Acre to 1 Acre Acres 0 lot size area 0.8 Lot SqFt 34848.0 lot size units Acres waterfront features ICW-Across Bikepath waterfront y n Yes

tax

parcel number 50434310000010052 tax annual amount 396632.0 tax legal description 10-43-43, S 128.5 FT OF N 358.5 FT OF SUB B GOV LT 1 LYG W OF LAKE WAY tax year 2023 zoning R-B - Low Density

contract

listing terms Cash Terms foreclosure y n No short sale y n No

compensation

Trans. Broker Comp. 2.00
This listing was last updated on 2/2/2024 4:13:58 PM (UTC)


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