1333 N Lake Way, Palm Beach, FL 33480 (MLS# R11124839)

1333 N Lake Way, Palm Beach, FL 33480

$16,100,000
Property Type: Land & Docks Lot Size (sq. ft.): 24,349 Status: Pending
Current Price: $16,100,000 List Date: 9/17/2025 Last Modified: 3/02/2026

Description

The possibilities are endless at this prime lot with access to the Ocean Terrace Beach Cabana! This oversized lot measuring .56 acres ( 223 feet x 110 + - ) is located on the coveted North End of Palm Beach Island. A rare opportunity, this oversized assemblage includes an existing on-site structure and offers the chance to build a new construction home close to the beach. In addition to being nearby the prestigious Sailfish Club of Florida, this special lot includes easy access to the popular Lake Trail, which is literally just a few steps from the property. The neighborhood feels like you are in the Bahamas, but is also just minutes away from the full array of amenities, infrastructure, entertainment, and five-star dining which Palm Beach and West Palm Beach have to offer!

Supplements: DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All Rights Reserved.

More Information MLS# R11124839

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No LP/Acre: 28801431.13 Listing Contract Date: 2025-09-17 Status: Pending Original List Price: 16100000 List Price: $16,100,000 Current Price: $16,100,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Country: United States Street Number: 1333 Street Direction Prefix: N Street Name: Lake Street Suffix: Way State Or Province: FL Postal Code: 33480 Subdivision Name: OCEAN TERRACE Area: 5001 Elementary School: Palm Beach Public High School: Palm Beach Lakes Parcel Number: 50434303030000151 Zoning: R-B(ci

General Property Information

Lot Size Dimensions: 100.0 ft x 113.0 ft LP/SqFt: 661.22 Property Sub Type: Unimproved Land Lot Size Acres: 0.56 Lot Size Square Feet: 24349 Direction Faces: South

Office/Member Information

DXORIGMLSID: RML

Short Sale Details

Short Sale Addendum: No

Documents Available

None: 1

Current Use

Other: 1

Development Status

Unrecorded Plat: 1

Location of Property

Subdivision: 1

Possession

Close Of Escrow: 1

Possible Use

Single Family: 1

Sewer

Public Sewer: 1

Trees

Other: 1

Utilities

Electricity Available: 1 Sewer Available: 1

Vegetation

Grassed: 1 Other: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Home: 1

Road Frontage Type

Public Road: 1

Road Surface Type

Paved: 1

Water Source

Other: 1

Showing Requirements

Call Listing Agent: 1

Contingencies

None: 1

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Financial Information

Tax Year: 2025 Tax Annual Amount: 177421 Tax Legal Description: OCEAN TERRACE W 90 FT OF LT 15 & LT 16

Status Change Information

Major Change Timestamp: 2026-03-02T21:31:48Z Major Change Type: Status Change Status Change Date: 2026-03-02 Under Contract Type: Pending Under Contract Date: 2026-03-02

Originating Details

Originating System Key: 20250917174045856134000000 Originating System ID: M00000170

Property Features

Current Use: Other Development Status: Unrecorded Plat Documents Available: None Location of Property: Subdivision Possession: Close Of Escrow Possible Use: Single Family Sewer: Public Sewer Trees: Other Utilities: Electricity Available; Sewer Available Vegetation: Grassed; Other Listing Terms: Cash; Conventional Lot Features: Home Road Frontage Type: Public Road Road Surface Type: Paved Water Source: Other Showing Requirements: Call Listing Agent Contingencies: None Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: Premier Estate Properties Inc.
IDX
Last Updated: March - 02 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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