Premier Brokers International
510 N Lake Way, Palm Beach, FL 33480
ActiveBeachesMLS
ActiveMLS® R11043720
$15,995,000

510 N Lake Way, Palm Beach, FL 33480

Beds
5
Baths
7
Sqft
6,239
Est. payment$99,525/mo
Home type
Single Family Residence
Year built
1995
Lot size
16,988 sqft
Price / sqft
$2,564
HOA
$0/mo
Community
TANGIER EST

Property description

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.

Listing activity

Days on market
662
Listed
Dec 6, 2024
MLS listing updated
53 minutes ago
Feed last checked
1 minute ago

Listed by Todd Peter · Sotheby's Intl. Realty, Inc.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
5
Bathrooms
7
Bathrooms (decimal)
6.5
Full bathrooms
6
Half bathrooms
1
Main-level bedrooms
1
Main-level bathrooms
2

Rooms & features

Rooms
5
Interior features
Bar, Entrance Foyer, Kitchen Island
Flooring
Marble, Other
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
Furnished
Unfurnished

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Attached Garage, Circular Driveway, Garage
Attached garage
Yes

Exterior

Stories
2
Building area
6,922 sqft
Pool
Yes
Waterfront
None
Waterfront property
No

Lot

Lot size
16,988 sqft
Lot size (acres)
0.39 acres
Lot dimensions
100.0 ft x 172.0 ft
Zoning
R-B(ci
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Year built
1995
New construction
No

Materials

Construction
CBS
Property condition
Resale
Faces
East
Utilities & green energy

Utilities

Electric
Three Phase
Utilities
Cable Available
Community & HOA

Community

Subdivision
TANGIER EST
MLS area
5001
MLS subarea
PB30
Security
Fire Alarm, Fire Sprinkler System, Security System Owned, Smoke Detector(s)
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Palm Beach
County
Palm Beach
ZIP code
33480
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
R11043720
Possession
Close Of Escrow
Original list price
$21,500,000
Parcel number
50434314010000290
Annual property tax
$102,388
Tax year
2024
Tax legal description
TANGIER ESTATES LT 29
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
6.5
Bathrooms Total Integer
7
Building Area Total
6922
Construction Materials
CBS
County Or Parish
Palm Beach
Days On Market
662
Direction Faces
East
List Price
15995000
Listing Contract Date
2024-12-06
Living Area
6239
Lot Size Acres
0.39
Lot Size Area
17200
Lot Size Dimensions
100.0 ft x 172.0 ft
MLSArea Major
5001
MLSArea Minor
PB30
Main Level Bathrooms
2
Main Level Bedrooms
1
Mls Status
Active
On Market Date
2024-12-10
Photos Count
24
Postal Code
33480
Price Change Timestamp
2026-09-11T20:20:24Z
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
5
Security Features
Fire Alarm, Fire Sprinkler System, Security System Owned, Smoke Detector(s)
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2024-12-10T16:01:54Z
Stories Total
2
Subdivision Name
TANGIER EST
Waterfront Features
None
Tax Annual Amount
102388
Bathrooms Full
6
Pool Private
Yes
Bedrooms Total
5
Bathrooms Half
1

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Dec 6, 2024ListedBeachesMLS$21,500,000$3,446/sqft
Sep 11, 2026Price reducedBeachesMLS$15,995,000$2,564/sqft

Public tax history

YearProperty taxesAssessment
2024$102,388—

Payment calculator

Estimated monthly payment$99,525/moIllustrative estimate, not a loan offer.
Principal & interest
$82,995
Property taxes
$8,532
Insurance
$7,998
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

TANGIER EST

Palm Beach · Palm Beach County · 33480

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of Sotheby's Intl. Realty, Inc.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.