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Active - House for sale

1496 N Lake Way, Palm Beach FL 33480

2 bds|2 bth + 1 half|2,883 sqft

Facts & features

House Property type
155 days on Beycome
1954 Year built
$2,775 Price/Sqft.
2 car garage Parking
9,583 sqft Lot size

Why you’ll love it

Set on a secluded .22 acre lot at at the corner of North Lake Way and Mediterranean Road on Palm Beach Island's coveted North End, this exceptional property offers an opportunity to restore and reimagine an architectural gem or create a remarkable new residence. Just moments from the Intracoastal, inlet and ocean, and surrounded by mature tropical landscaping, this is truly a special Palm Beach offering.A rare mid-century modern residence designed by renowned Spanish architect, Javier de Olaso, reflecting the relaxed elegance of indoor-outdoor lifestyle in Ibiza. Thoughtfully designed to draw the eye toward the lush gardens, sculptures and private yard, the home enjoys beautiful views from nearly every room and the balcony.

Translating description...

Listings courtesy of Compass Florida LLC.

Listed by: Margaret Sutton • 661-993-1166 • Compass Florida LLC

Co-listed by: Compass Florida LLC

Source: Miami MLS, MLS#: B26042044 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

Come see by yourself

Affordability

$5,200,000$10,800,000
1%20%
0%90%
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Estimated monthly payment

$44,638/mo

  • Mortgage$40,452
  • Property tax$4,186
  • HOA fee
  • Homeowners insurance
Due at closing$6,360,000
Down payment held in escrow$1,600,000
Closing costs$120,000
beycome credit Est.$160,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Boca Ratone Co Inlet

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$8,000,000 Listed price

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$160,000 Credit back

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