How much is 510 N Lake Way?

510 N Lake Way is listed at $15,995,000, which is about $2,564 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 510 N Lake Way?

The listing reports annual property taxes of $102,388 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 510 N Lake Way built?

510 N Lake Way was built in 1995 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 510 N Lake Way been on the market?

510 N Lake Way has been listed for 656 days, and the asking price has been reduced from $21,500,000. Days on market and price changes are the first signals of how much room there is to negotiate.

How do I see 510 N Lake Way?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

510 N Lake Way, Palm Beach, FL 33480

$15,995,000 · Active

5 beds
7 baths
6,239 sq ft
Single Family Residence
Built 1995
Lot 16,988.4 sq ft
MLS# R11043720
Tangier Est

Front Exterior at 510 N Lake Way, Palm Beach

Pool and Loggia at 510 N Lake Way, Palm Beach

Rear Exterior at 510 N Lake Way, Palm Beach

Formal Living Room at 510 N Lake Way, Palm Beach

Family Room at 510 N Lake Way, Palm Beach

About this home

This British Colonial residence offers 6,922± total square feet with five bedrooms and six and a half bathrooms. Set on a 100' x 172' lot at the corner of Tangier Avenue and North Lake Way, the property features a large pool, covered loggia, and beautifully maintained grounds. The spacious foyer opens to the formal living room and a central gallery hall that connects the main living areas. The family room, located on the south side, opens through French doors to the covered loggia and pool. On the north side, the gallery leads to the formal dining room, library, and kitchen with adjoining dining area—an ideal layout for both everyday living and entertaining. Two guest bedrooms are located on the first floor, each with en suite baths and walk-in closets—one currently serving as a library. Additional first-floor features include a powder room, laundry room, and a two-car garage with separate service drive. Upstairs, the primary suite offers exceptional space and privacy with four walk-in closets, dual bathrooms, and ample storage. Two additional guest bedrooms on this level each include en suite baths and walk-in closets. Ideally situated on Palm Beach's North End, the residence is just moments from the Lake Trail, beaches, restaurants, and world-class shopping.

Features

Bar
Entrance Foyer
Kitchen Island

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Sotheby's Intl. Realty, Inc. · Listing agent: Todd Peter

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 510 N Lake Way.

Questions About 510 N Lake Way

How much is 510 N Lake Way?: 510 N Lake Way is listed at $15,995,000, which is about $2,564 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 510 N Lake Way?: The listing reports annual property taxes of $102,388 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 510 N Lake Way built?: 510 N Lake Way was built in 1995 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 510 N Lake Way been on the market?: 510 N Lake Way has been listed for 656 days, and the asking price has been reduced from $21,500,000. Days on market and price changes are the first signals of how much room there is to negotiate.
How do I see 510 N Lake Way?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 4 bedroom home at 206 Caribbean Road, Palm Beach, FL 33480 is comparable and listed for sale at $14,995,000. Another comparable home, 240 Tangier Avenue, Palm Beach, FL 33480, sold for $12,000,000 in August 2026. Other Palm Beach neighborhoods include Estate Section and South End. Nearby ZIP codes include 33401 and 33405. This property also neighbors West Palm Beach, North Palm Beach, and Lake Worth Beach. Compare it with the Palm Beach housing market report.