Aquantis Realty

Palm Beach, FL·Sold

740 N Lake Way

Sold for

$7,000,000

Originally listed at $7,950,000

740 N Lake Way, Palm Beach, FL 33480

3
Beds
3
Full Baths
1
Half Baths
2,993
Sq.Ft.
MLS R11123937

Listing courtesy of James L. McCann, Premier Estate Properties, Inc

Property Description

Exceptional North End Opportunity! Unlock the potential of this prime 10,882± SF Island parcel, perfectly positioned on a rare coral ridge with an impressive 13+ feet of elevation. Whether you choose to reimagine the existing Regency-style residence or build your dream home, the possibilities are endless. The current layout features soaring ceilings, 3 bedrooms, 3.5 baths, a sparkling pool, new roof, and a whole-house generator—providing an excellent foundation for a stunning transformation. A coveted North End location combines privacy, prestige, and proximity to the best of Palm Beach.

Overview

At a glance

Property Type
Residential
Property Sub-Type
Single Family Residence
Address
740 N Lake Way, Palm Beach, FL 33480
Zoning
R-B(ci
MLS ID
R11123937
Listing Date
2025-09-15
Last Updated
5/8/2026, 9:02:47 AM
Days on Market
14
Subdivision
RAFALSKY MARK
Stories
1

Features & Amenities

The Details

Interior

Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Flooring
Marble
Appliances
Dryer, Dishwasher, Washer
Laundry
Inside

Exterior

Construction
CBS
Parking
Garage, Attached Garage
Garage Spaces
1
Utilities
Natural Gas Available
Cooling
Central Building
Heating
Central

Details

Building Area
3,294 sq.ft.
Lot Size
10,882 sq.ft.
Lot Size (Acres)
0.25 acres
Subdivision
RAFALSKY MARK
Stories
1
Year Built
1985
Direction Faces
East
County
Palm Beach
Zoning
R-B(ci

Financial

List Price
$7,950,000
Original List Price
$7,950,000
Annual Tax
$108,912/yr
Tax Year
2024

Location

Landmark
Shopping
Culture
School
Golf

740 N Lake Way, Palm Beach, FL 33480

What’s Nearby

Key Distances

Shopping

Worth Avenue

2.8 mi6 min

Landmark

The Breakers

1.9 mi6 min

Airport

Palm Beach International Airport

5.8 mi12 min

School

Palm Beach Day Academy — Lower School

2.8 mi6 min

Shopping

Rosemary Square (CityPlace)

2.2 mi5 min

Landmark

Mar-a-Lago Club

4.2 mi9 min

Your agent

Stephanie Mordes

Stephanie Mordes

VP — Sales

Inquire

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Information & Accuracy

All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.