Waterfront Homes / Palm Beach–Manalapan–Lantana Intracoastal / Parcel map
Historical MLS sale · MLS R10881164
940 N Lake Way, Palm Beach, FL 33480
Sold 07/28/23 for $50,000,000 · $6,713 per living sq ft
Source: BeachesMLS · MLS reporting cutoff 11/03/26
- MLS #
- R10881164
- Status
- Closed — historical sale
- Sale date
- 07/28/23
- Sold price
- $50,000,000
- Price per living sq ft
- $6,713
- Original asking price
- $55,000,000
- Final asking price
- $55,000,000
- Sold price as a share of final asking
- 90.9%
- Listed
- 04/12/23
- Under contract
- 04/17/23
- Days from listing to contract
- 5 days
- Property type
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 6.5
- Living area
- 7,448 sq ft
- Year built
- 1974
- Zone and subdivision
- Palm Beach Island Wide Waterfront · Palm Beach
- Waterfront
- No Fixed Bridge,Ocean Access,Navigable Water,Intracoastal,No Fixed Bridges
- Parcel ID
- 50434310000010052
- Listing brokerage
- The Corcoran Group
- Listing brokerage email
- marcia.vanzyl@corcoran.com
- Listing brokerage MLS ID
- 404289
How this sale compared
$6,713 per living sq ft · 5 days to contract · sold for $50,000,000
How this sale compared with several groups of Palm Beach–Manalapan–Lantana Intracoastal sales during the two years before it closed (07/28/21 to 07/28/23). Each row looks at one characteristic; these are not adjusted comparable valuations.
Above the median price per square foot in all 3 groups shown, and under contract faster than all 3 groups shown.
These comparisons don't explain why; condition, improvements and other differences need a closer look.
| Compared with | Median price per sq ft | Median days to contract | Sale-price rank |
|---|---|---|---|
| Whole communityPalm Beach–Manalapan–Lantana Intracoastal34 other sales · 593 properties | $1,535based on 34 other sales | 59 daysbased on 34 other sales | 2nd highest of 35 |
| Waterfront zonePalm Beach Island Wide Waterfront9 other sales · 235 properties | $4,718based on 9 other sales | 64 daysbased on 9 other sales | 2nd highest of 10 |
| StreetN Lake Way5 other sales · 74 properties | $6,093based on 5 other sales | 25 daysbased on 5 other sales | Highest of 6 |
Groups follow the county property appraiser's records. Each median leaves out this sale and appears once the other sales reach 1% of the group's properties. A comparison describes the market at the time; it is not a valuation. Palm Beach–Manalapan–Lantana Intracoastal market report · How these are compared
Want a closer look at this sale?
David can walk through what may have set this sale apart, such as condition, updates and setting within Palm Beach–Manalapan–Lantana Intracoastal, and what it could mean for a property you own or are considering.
Other sales of this property
No other closed MLS sale of this parcel is in the saved dataset.
These details describe this listing at the time of sale. Features, condition, ownership and subdivision labels may have changed since. This is a recorded closed MLS sale for this parcel in the saved dataset, which may not include every transaction.
Palm Beach–Manalapan–Lantana Intracoastal market report · Parcel map and sales · Official tax record