Rare opportunity on Palm Beach Island’s coveted north end. Set on an exceptional .22 acre parcel between the Atlantic Ocean and Intracoastal Waterway, this Mid-Century Modern residence offers endless possibilities to restore, renovate, or build a spectacular new estate. Surrounded by lush tropical landscaping and just a short walk to the beach, this property combines privacy, location, and extraordinary potential in one of Palm Beach’s most desirable settings.
Listing Provided Courtesy of Compass Florida LLC at 561-285-4283
Property Details
Price:
$9,000,000
MLS #:
B26042044
Status:
Active
Beds:
2
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BOCA RATONE CO INLET
Neighborhood:
5001
Listed Date:
Jun 17, 2026
Finished Sq Ft:
2,883
Total Sq Ft:
4,225
Lot Size:
417,444,192 sqft / 0.22 acres (approx)
Year Built:
1954
See this Listing
Schools
Elementary School:
Palm Beach Public
High School:
Palm Beach Lakes
Interior
Appliances
Electric Range, Oven, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Concrete, Marble
Heating
Central
Interior Features
Bedroom Layout – Split, Built-in Features, Entrance Foyer, Roman Tub, Storage
Levels
Two
Main Level Bathrooms
1
Exterior
Architectural Style
Mid Century Modern
Attached Garage YN
1
Construction Materials
Concrete
Covered Spaces
2
Direction Faces
North
Exterior Features
Balcony, Private Rooftop Terrace, Storage
Fencing
Back Yard, Masonry
Garage Spaces
2
Lot Features
Corner Lot, Landscaped, Many Trees
Open Parking Spaces
4
Parking Features
Attached Garage, Garage, Garage Door Opener
Parking Spots
6
Parking Total
6
Patio And Porch Features
Patio – Open, Patio – Covered, Terrace, Patio, Deck
Roof
Flat
Stories
2
View
Garden, Pool
Financial
Tax Year
2025
Taxes
$50,226
Map
Community
- Address1496 N Lake Way Palm Beach FL
- SubdivisionBOCA RATONE CO INLET
- CityPalm Beach
- CountyPalm Beach
- Zip Code33480
Subdivisions in Palm Beach
Market Summary
Current real estate data for Single Family in Palm Beach as of Jul 25, 2026
89
Single Family Listed
194
Avg DOM
4,483
Avg $ / SqFt
$29,270,291
Avg List Price
Property Summary
- Located in the BOCA RATONE CO INLET subdivision, 1496 N Lake Way Palm Beach FL is a Single Family for sale in Palm Beach, FL, 33480. It is listed for $9,000,000 and features 2 beds, 3 baths, and has approximately 2,883 square feet of living space, and was originally constructed in 1954. The current price per square foot is $3,122. The average price per square foot for Single Family listings in Palm Beach is $4,483. The average listing price for Single Family in Palm Beach is $29,270,291.
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