305-609-4190
1260 N Lake Way, Palm Beach FL 33480
Active Single Family Residence Waterfront

1260 N Lake Way, Palm Beach FL 33480

Palm Beach, FL, 33480

$63,500,000

Est. $321,091/mo (20% down)

6
Beds
7.5
Baths
7,034
Sq Ft
2023
Year Built
—
Lot Sq Ft
2
Garage

Photo Gallery (80 photos)

About This Property

Completed new construction direct Intracoastal estate residence with concrete dockage. Stunning Art Deco styled residence with several ''flex'' rooms featuring walk-in closets and full baths allowing as many as 6 bedrooms/baths. Heavily landscaped grounds with multiple outdoor entertainment areas - courtyards and fountains. Motor court. HVAC oversized garage. Dramatic pool area - complete privacy from bike path. Steps to Palmo - Town Park and fantastic beach. Huge second story patios invite the best of indoor/outdoor living. Dream kitchen, dining seats 12-14 and dramatic visible wine storage. High elevation. Turn-key staged. Furniture available in whole or part, separately from stager. We are pleased to present this property which features several flexible spaces that can be crafted to suit your families particular needs and taste.

Property Details

MLS #

R11133286

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

2023

Days on Market

370

Stories

2

Pool

Yes

Waterfront

Yes

Price / Sq Ft

$9,028

HOA Fee

None

Est. Insurance

$21,167/mo

Tax Year

2024

Tax Amount

$308,922

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

$444,500
Est. Monthly Rent
1.0%
Cap Rate
4.8%
Cash-on-Cash
$609,069
Net Operating Income

ROI Projections (4% Annual Appreciation)

132%
5-Year ROI
Value: $77,257,459
288%
10-Year ROI
Value: $93,995,512
472%
15-Year ROI
Value: $114,359,913

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

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