$8,400,000
Sold · March 16, 2026
416 S Lake Drive
Explore the area: Lantana homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $8,400,000
- Vs. list price
- 4.5% under
- Days on market
- 17
- Price per sq ft
- $991
This 7-bedroom single-family home in Lantana sold for $8,400,000 on March 16, 2026. That was 4.5% below its final list price of $8,800,000. It first came on the market at $8,999,999, so the price was adjusted before it sold. It spent 17 days on the market. At $991 per square foot, it closed 120.2% above the $450 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $8,400,000
- Sold On
- March 16, 2026
- Days on Site
- 17 Days
- Bedrooms
- 7
- Total Baths
- 9
- Full Baths
- 8
- Partial Baths
- 1
- Living Area
- 8,475 sqft
- Total Sq Ft
- 10,850 sqft
- Lot Size
- 0.51 Acres
- Year Built
- 2025
- Property Type
- Single Family
- MLS #
- R11160315
- Property Tax
- $39,400 (2025)
- Subdivision
- Lantana
- County
- Palm Beach
- Status
- Sold
About This Property
Brand-new gated half acre intracoastal estate in prime Lantana location! Brand new 385 foot dock with 32k boat lift and pilings to tie up your very large vessels. This is the lowest price per square foot new construction on the direct intracoastal in Palm Beach County! Walk to the beach, Eau Resort & Spa, and top dining spots. Just 1.5 mi to I-95, minutes to PBI & private jet access. This smart, energy-efficient compound offers ultimate privacy with unobstructed water views, upstairs/downstairs living rooms & master suites. Loaded with upgrades: Sonos, security, landscape lighting. Backyard is a showstopper $500K+ resort-style pool, sunken firepit, waterfall gazebo w/ 10 stools, and multiple fire features. Luxury living at its finest!
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2025
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 4
- Parking
- Garage / Rv Access Parking
- Direction Faces
- West
- Lot Size (Acres)
- 0.51
- Living Sq Ft
- 8,475
- Total Sq Ft
- 10,850
- Sewer
- Public Sewer
- Zoning
- R3(cit
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Gas Range / Microwave / Water Purifier Owned / Refrigerator / Water Purifier / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central / Electric
- Flooring
- Wood
- Fireplace
- Yes
- Spa
- Yes
- Spa Features
- Heated / In Ground
- Interior Features
- Wet Bar / Built In Features / Closet Cabinetry / Dual Sinks / Elevator / Kitchen Island / Main Level Primary / Multiple Primary Suites / Multiple En Suite Bathrooms / Separate Shower / Upper Level Primary / Bar / Walk In Closets
- Laundry
- Inside
- Main Level Bedrooms
- 3
- Main Level Baths
- 4
- Total Rooms
- 7
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Built In Barbecue / Balcony / Barbecue / Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Heated / In Ground / Salt Water
- Patio & Porch
- Covered / Open / Patio / Balcony
- Lot Features
- Quarter To Half Acre Lot / Sprinklers Automatic
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access
Community & HOA
- Association Amenities
- Boating / Dog Park / Tennis Courts
- Community Features
- Boat Facilities
- Security
- Smoke Detectors
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 5640
Schools
- Elementary School
- Lantana
- Middle School
- Lantana Community
- High School
- Lake Worth
About the Community
Lantana is a community in Lantana, Palm Beach County, Florida. Active listings are priced from $425,000 to $454,000. Homes were built between 1950 and 1955. Pure Equity lists homes in Lantana and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Median List Price
- $495,000
- Median $/Sq Ft
- $392
- Avg Days on Market
- 30
Frequently Asked Questions
- How do I schedule a tour of 416 S Lake Drive, Lantana, FL 33462?
- Use the Tour button on this listing to request a showing of 416 S Lake Drive, Lantana, FL 33462. 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 416 S Lake Drive, Lantana, FL 33462 still available?
- 416 S Lake Drive, Lantana, FL 33462 is currently listed as Sold, and has been on the market 17 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 416 S Lake Drive, Lantana, FL 33462?
- With 20% down ($1,760,000) on the $8,800,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 416 S Lake Drive, Lantana, FL 33462 is about $46,248/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 416 S Lake Drive, Lantana, FL 33462?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 416 S Lake Drive, Lantana, FL 33462. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 416 S Lake Drive, Lantana, FL 33462?
- 416 S Lake Drive, Lantana, FL 33462 is zoned for Lantana (elementary), Lantana Community (middle), Lake Worth (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 416 S Lake Drive, Lantana, FL 33462?
- Often, yes. The right offer on 416 S Lake Drive, Lantana, FL 33462 depends on how it's priced against comparable single family sales in Lantana, 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 Illustrated Properties LLC (Co
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.
$8,400,000
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Listed by Anthony Hernandez, Illustrated Properties LLC (Co
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Recent Sales
Recently sold homes in Lantana
These are the last 5 recorded closings in Lantana, with the price each home actually sold for rather than what it was listed at. They closed at a median of $432 per square foot. The most recent closed on July 6, 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$420,000
Sold · July 6, 2026
423 W Ocean Avenue
3 bed · 1 bath · 900 sqft · $467/sqft
$34,000 under the asking price
Sold$443,000
Sold · July 2, 2026
518 Minnesota Street
3 bed · 2 bath · 1,497 sqft · $296/sqft
$18,000 over the asking price
Sold$500,000
Sold · March 12, 2026
332 W Mango Street 1-2
0 bed · 2 bath · 1,584 sqft · $316/sqft
$49,900 under the asking price
Sold$395,000
Sold · December 15, 2025
323 W Pine Street
2 bed · 1 bath · 914 sqft · $432/sqft
$5,000 under the asking price
Sold$340,000
Sold · July 11, 2025
604 W Ocean Avenue
2 bed · 1 bath · 687 sqft · $495/sqft
$99,000 under the asking price
See every recorded sale in Lantana or find out what your Lantana home is worth.
