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740 N Lake WAY Palm Beach, FL 33480
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Key Details
Sold Price $7,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,993 sqft
Price per Sqft $2,338
Subdivision Rafalsky Mark
MLS Listing ID R11123937
Sold Date 10/08/25
Bedrooms 3
Full Baths 3
Half Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1985
Annual Tax Amount $108,912
Tax Year 2024
Contingent None
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 100.0 ft x 117.0 ft
Property Sub-Type Single Family Residence
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. 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, statistics, and videos 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. "No payments made until title passes" 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. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All Rights Reserved.
Location
State FL
County Palm Beach
Area 5001
Rooms
Main Level Bedrooms 3
Interior
Interior Features Dual Sinks
Heating Central
Cooling Central Air
Flooring Marble
Furnishings Unfurnished
Fireplace Yes
Appliance Dryer, Dishwasher, Washer
Laundry Inside
Exterior
Parking Features Attached, Garage
Garage Spaces 1.0
Utilities Available Natural Gas Available
Amenities Available None
Waterfront Description None
Garage Yes
Private Pool Yes
Building
Lot Description < 1/4 Acre
Faces East
Story 1
Level or Stories One
New Construction No
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No
Tax ID 50434310040001161
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed No Pet Restrictions, Yes
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Bought with Leana Schwartz PA Waterfront Properties & Club C
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