305-609-4190
1265 N Lake Way, Palm Beach FL 33480
Active Single Family Residence Waterfront

1265 N Lake Way, Palm Beach FL 33480

Palm Beach, FL, 33480

$59,500,000

Est. $300,864/mo (20% down)

5
Beds
7
Baths
7,057
Sq Ft
2025
Year Built
—
Lot Sq Ft
2
Garage

Photo Gallery (68 photos)

About This Property

Brand-new construction on North Lake Way by Wildes Builders and LaBerge & Menard Architects. Featuring 90 feet of waterfront, a new dock, and deeded beach access at the end of Kenlyn Road, this exceptional residence offers luxurious interiors and an idyllic Palm Beach lifestyle. A grand foyer with Jerusalem Gold limestone flooring leads into the spacious living areas. The main floor boasts an open kitchen equipped with Gaggenau and Sub-Zero appliances, Taj Mahal stone countertops, an island with seating, and a breakfast area. This space seamlessly flows into the family room, which opens to a covered outdoor loggia overlooking the large pool. Adjacent to the kitchen is a butler's pantry, also outfitted with Taj Mahal stone countertops, and a private dining room for formal gatherings. The separate living room provides additional space for relaxation or hosting guests. This level also features two powder rooms, a downstairs laundry room, and access to the two-car garage. The home is further enhanced by a whole-house generator for added convenience and security. In addition, this home has a two-car garage with height for car lifts. An elevator or staircase takes you to the second floor, where a beautiful landing area opens to an oversized terrace. The crown jewel of this level is the primary suite, which includes two large walk-in closets and two luxurious bathrooms one with a separate soaking tub and Vanilla Onyx stone finishes, and the other with Grigio Collemandina marble. The primary suite's private terrace faces west, offering breathtaking sunset views over the Intracoastal. This home includes four additional guest bedrooms, each with its own en-suite bathroom. Two are located on the main floor, while the other two are upstairs, one of which features a private terrace. A private office with its own balcony provides a serene retreat for work or relaxation.

Property Details

MLS #

B26088581

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

2025

Days on Market

6

Stories

2

Pool

Yes

Waterfront

Yes

Price / Sq Ft

$8,431

HOA Fee

None

Est. Insurance

$19,833/mo

Tax Year

2025

Tax Amount

$323,918

Garage

2 Car

Lot Size

—

MLS Area

Bello Lido

Subdivision

BELLO LIDO

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$416,500
Est. Monthly Rent
0.8%
Cap Rate
4.2%
Cash-on-Cash
$501,791
Net Operating Income

ROI Projections (4% Annual Appreciation)

129%
5-Year ROI
Value: $72,390,848
282%
10-Year ROI
Value: $88,074,535
464%
15-Year ROI
Value: $107,156,139

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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