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1221 N Lake Way, Palm Beach, FL 33480

$14,300,000
Property Type: Residential Bedrooms: 6 Baths: 6.1 Square Footage: 4,848 Status: Closed
Current Price: $14,300,000 Last Modified: 6/15/2021

Description

PALM BEACH LAKEFRONT. Expertly renovated by Todd Michael Glaser. ''Nautical Mansion'' originally designed by Belford Shoumate, a beloved architect of Modernism on Palm Beach. Newly re-imagined & expanded: 6,040 SqFt with 6 BR, 6.5 BA, pool, deep water dock & deeded beach access. A truly rare lakefront offering at $14.9MM. 65' of Intracoastal frontage affording lovely views & amazing sunsets. 7.0 NAVD (8.5 NGVD). 14,600+SqFt Lot

Supplements: DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no commission will be paid to a cooperating Broker on the Deposits retained by the Seller. No commissions are paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2021 by the listing company. All Rights Reserved.

More Information MLS# RX-10669777

Contract Information

Auction: No List Price/SqFt: 3073.43 Listing Date: 2020-11-09 Status: Closed Original List Price: 13900000 Sold Price: $14,300,000 Current Price: $14,300,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 3 Main Level Bathrooms: 3 Property Condition: Resale SqFt - Total: 6040 Waterfront: Yes SqFt Source: Developer Waterfrontage: 65 Gated Community: No Covered Spaces: 2 Homeowners Assoc: None Pets Allowed: Yes Pet Fee: 0 Pets on Premises: Yes Front Exp: West HOA/POA/COA (Monthly): 0 Application Fee: 0 Association Deposit: No Directions: Call Listing Office Dock: Yes Membership Fee Required: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 6 Baths - Full: 6 Baths - Half: 1 Baths - Total: 6.1 Year Built: 1940 SqFt - Living: 4848 Garage Spaces: 2 Subdivision: MOCKINGBIRD TRAIL TRACT Legal Desc: MOCKING BIRD TRAIL TRACT S 65 FT OF LTS 1 & 5 Lot SqFt: 14634 Total Floors/Stories: 2

Location, Tax & Legal

Geo Area: PB30 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2020 Zoning: R-B(ci Short Sale A/U: N/A Short Sale Addendum: No Taxes: 103104 Special Assessment: No REO: No Area: 5001 County: Palm Beach Parcel ID: 50434303090000011 Street #: 1221 Street Dir: N Street Name: Lake Street Suffix: Way Zip Code: 33480 Geo Lat: 26.757006 Geo Lon: -80.040943

Office/Member Info

DXORIGMLNO: RX-10669777 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 2949.66 Under Contract Date: 2021-02-26 Sold Date: 2021-04-19 Sold Price: $14,300,000

Construction

CBS: 1

Master Bedroom/Bath

Mstr Bdrm - Upstairs: 1 Separate Shower: 1

View

Intracoastal: 1 Pool: 1

Rooms

Family: 1

Waterfront Details

Intracoastal: 1 Navigable: 1 No Fixed Bridges: 1 Ocean Access: 1 Seawall: 1

Lot Description

1/4 to 1/2 Acre: 1

Equip/Appl Included

Dishwasher: 1 Dryer: 1 Freezer: 1 Refrigerator: 1 Washer: 1

Cooling

Central: 1

Heating

Central: 1

Exterior Features

Covered Balcony: 1 Open Patio: 1

Furnished

Unfurnished: 1

Interior Features

Elevator: 1 Fireplace(s): 1 Foyer: 1 Pantry: 1 Upstairs Living Area: 1 Walk-in Closet: 1

Flooring

Terrazzo Floor: 1 Wood Floor: 1

Utilities

None: 1

Parking

2+ Spaces: 1 Garage - Attached: 1

Restrict

Other: 1

Security

Security Sys-Owned: 1

Roof

Tar/Gravel: 1

Subdiv. Amenities

None: 1

Boat Services

Private Dock: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Storm Protection

Impact Glass: Complete

Taxes

City/County: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Construction: CBS View: Intracoastal; Pool Waterfront Details: Intracoastal; Navigable; No Fixed Bridges; Ocean Access; Seawall Lot Description: 1/4 to 1/2 Acre Exterior Features: Covered Balcony; Open Patio Interior Features: Elevator; Fireplace(s); Foyer; Pantry; Upstairs Living Area; Walk-in Closet Furnished: Unfurnished Rooms: Family Parking: 2+ Spaces; Garage - Attached Restrict: Other Security: Security Sys-Owned Flooring: Terrazzo Floor; Wood Floor Heating: Central Cooling: Central Roof: Tar/Gravel Boat Services: Private Dock Terms Considered: Cash; Conventional Utilities: None Taxes: City/County Possession: At Closing Contingencies: None

Room Information

Living Room Length: 29.00 Width: 17.40 Length: 29.00 Level: Main Width: 17.40 Kitchen Length: 19.40 Width: 13.00 Length: 19.40 Level: Main Width: 13.00 Master Bedroom Length: 16.50 Width: 12.00 Length: 16.50 Level: Second Width: 12.00 Family Room Length: 35.00 Width: 12.40 Length: 35.00 Level: Main Width: 12.40 Dining Room Length: 15.40 Width: 12.90 Length: 15.40 Level: Main Width: 12.90
Listing Office: Premier Estate Properties, Inc
Last Updated: June - 15 - 2021
1221 N Lake Way, Palm Beach, FL 33480- MLS# RX-10669777
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