Interior
- Bedrooms
- 4
- Bathrooms
- 5
- Living area
- 4,179 sq ft
Active · SingleFamilyResidence
$12,900,000
624 N Lake Way, Palm Beach, FL 33480
- Beds
- 4
- Baths
- 5
- Living area
- 4,179 sq ft
- $ / sq ft
- $3,087/sq ft
- Year built
- 1969
- Lot size
- 17,424 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Fantastic property on 17,000+/- square foot lot. Exceptional Near North End location just two houses from the Lake Trail. Excellent opportunity to move in, renovate, or build your dream Palm Beach home.
Property location
Get Directions624 N Lake Way, Palm Beach, FL 33480
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1969
- Lot size
- 17,424 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Palm Beach
- MLS listing ID
- R11166215
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$50,405
- Cap rate
- 1.0%
- Net yield
- 1.0%
- Cash-on-cash return
- -16.7%
- Gross yield
- 4.0%
- Mortgage payment
- $61,153/mo
- Down payment
- $3,225,000
- Loan amount
- $9,675,000
- Annual NOI
- $128,968
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.