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

Overview

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 sho ...

Listing Details MLS# R11124839

General Property Information

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

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

Contract Information

Comp Sale YN
No
Listing Contract Date
2025-09-17
Original List Price
16100000
Negotiable Seller Concessions YN
No
LP/Acre
28801431.13

Location and Legal

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

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

More Information

Short Sale Details

Short Sale Addendum
No

Originating Details

Originating System Key
20250917174045856134000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Documents Available

None
Yes

Current Use

Other
Yes

Development Status

Unrecorded Plat
Yes

Location of Property

Subdivision
Yes

Possession

Close Of Escrow
Yes

Possible Use

Single Family
Yes

Sewer

Public Sewer
Yes

Trees

Other
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes

Vegetation

Grassed
Yes
Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Home
Yes

Road Frontage Type

Public Road
Yes

Road Surface Type

Paved
Yes

Water Source

Other
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

None
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
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.