RAFALSKY MARK

740 N Lake Way, Palm Beach FL 33480

3 beds · 3.5 baths · 2,993 ft²

Closed

$7,950,000

Est. Payment $42,313/mo

MLS Sheet Video

3

Bedrooms

3.5

Bathrooms

2,993

Sq. Ft.

1985

Year Built

1

Garage

1

Stories

14

Days on Market

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.

Facts

MLS#
R11123937
Subdivision
RAFALSKY MARK
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1985
Lot Size
10,890 ft²
Sq. Ft.
2,993 ft²
Sq. Mt.
278 m²
Price per sq. ft.
$2,656/ft²
Price per sq. mt.
$28,597/m²
Stories
1
Garage
1 spaces
Pool
Private
Days on Market
14 days
Listed
Sep 15, 2025
Last Updated
Aug 17, 2026
Price/Lot Sq.Ft.
$730/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

65

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/17/2026Sold$7,950,000
9/15/2025Listed for sale$7,950,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

740 N Lake Way, Palm Beach FL 33480Directions

Estimated Monthly Payment

$49,088/mo

Principal & Interest

$42,313

Property Tax

$6,625

Insurance

$150

HOA

$0

20% ($1,590,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

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740 N Lake Way, Palm Beach FL 33480 | $7,950,000 | Rangely Adames Miami Real Estate