$14,900,000
Sold · April 30, 2026
1333 N Lake Way
Palm Beach, FL 33480
OCEAN TERRACE
Explore the area: Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $14,900,000
- Vs. list price
- 7.5% under
- Days on market
- 166
- Price per sq ft
- N/A
This lot in ZIP 33480 sold for $14,900,000 on April 30, 2026. That was 7.5% below its final list price of $16,100,000. It spent 166 days on the market.
Listing Snapshot
- Sold Price
- $14,900,000
- Sold On
- April 30, 2026
- Days on Site
- 166 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.56 Acres
- Property Type
- Land
- MLS #
- R11124839
- Property Tax
- $177,421 (2025)
- Subdivision
- OCEAN TERRACE
- County
- Palm Beach
- Status
- Sold
About This Property
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! 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.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Sold
- Direction Faces
- South
- Lot Size (Acres)
- 0.56
- Sewer
- Public Sewer
- Water Source
- Other
- Zoning
- R-B(ci
Exterior Features
- Lot Features
- Subdivision
Community & HOA
- Utilities
- Electricity Available / Sewer Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 5001
Schools
- Elementary School
- Palm Beach Public
- High School
- Palm Beach Lakes
About the Area
Browse Palm Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Palm Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Palm Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 295
- Median List Price
- $2,499,000
- Median $/Sq Ft
- $1,456
- Avg Days on Market
- 183
Frequently Asked Questions
- How do I schedule a tour of 1333 N Lake Way, Palm Beach, FL 33480?
- Use the Tour button on this listing to request a showing of 1333 N Lake Way, Palm Beach, FL 33480. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1333 N Lake Way, Palm Beach, FL 33480 still available?
- 1333 N Lake Way, Palm Beach, FL 33480 is currently listed as Sold, and has been on the market 166 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1333 N Lake Way, Palm Beach, FL 33480?
- With 20% down ($3,220,000) on the $16,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1333 N Lake Way, Palm Beach, FL 33480 is about $84,612/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1333 N Lake Way, Palm Beach, FL 33480?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1333 N Lake Way, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1333 N Lake Way, Palm Beach, FL 33480?
- 1333 N Lake Way, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1333 N Lake Way, Palm Beach, FL 33480?
- Often, yes. The right offer on 1333 N Lake Way, Palm Beach, FL 33480 depends on how it's priced against comparable land sales in Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Premier Estate Properties Inc.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$14,900,000
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Listed by Margit Brandt LLC, Premier Estate Properties Inc.
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Recent Sales
Recently sold homes in ZIP 33480
These are the last 6 recorded closings in ZIP 33480, with the price each home actually sold for rather than what it was listed at. They closed at a median of $453 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$186,000
Sold · September 30, 2026
3605 S Ocean Boulevard 229
2 bed · 2 bath · 1,121 sqft · $166/sqft
$1,100 over the asking price
Sold$6,100,000
Sold · September 30, 2026
245 COLONIAL Lane
3 bed · 2 bath · 1,829 sqft · $3,335/sqft
$300,000 under the asking price
Sold$250,000
Sold · September 28, 2026
3589 S Ocean Boulevard 19
1 bed · 2 bath · 922 sqft · $271/sqft
$9,000 under the asking price
Sold$635,000
Sold · September 25, 2026
3546 S Ocean Boulevard 327
2 bed · 2 bath · 1,402 sqft · $453/sqft
$40,000 under the asking price
Sold$1,600,000
Sold · September 23, 2026
2275 S Ocean Boulevard 305n and C11
2 bed · 2.5 bath · 1,868 sqft · $857/sqft
$395,000 under the asking price
Sold$260,000
Sold · September 22, 2026
3450 S Ocean Boulevard 206
1 bed · 1 bath · 952 sqft · $273/sqft
$27,500 under the asking price
See every recorded sale in ZIP 33480 or find out what your ZIP 33480 home is worth.
