1 / 80
+75 photosWaterfront home — 1260 N Lake Way · Bello Lido · Palm Beach
South Florida Luxury Living
Property Magazine
Your home in print
A magazine dedicated to 1260 N Lake Way, Palm Beach, FL 33480
Dedicated to you and your family.
A photo-rich, always-current edition with the home’s details, neighborhood lifestyle, assigned and nearby schools, ownership planning, and applicable waterfront guidance. Sign in or create a free account and the same edition is rewritten around your household — the schools your children would attend, the boat you keep, the routes you actually drive.
Open property magazine$63,500,000
1260 N Lake Way, Palm Beach, FL 33480
Palm Beach, FL, 33480
6 bd · 8 ba · 7,034 sqft
Listed by The Corcoran Group
1260 N Lake Way, Palm Beach, FL 33480
Listed by The Corcoran Group
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$374,302/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $374,302/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: X · verify insurance quotes before buying.
About this home
Find similar homesCompleted new construction direct Intracoastal estate residence with concrete dockage. Stunning Art Deco styled residence with several ''flex'' rooms featuring walk-in closets and full baths allowing as many as 6 bedrooms/baths. Heavily landscaped grounds with multiple outdoor entertainment areas - courtyards and fountains. Motor court. HVAC oversized garage. Dramatic pool area - complete privacy from bike path. Steps to Palmo - Town Park and fantastic beach. Huge second story patios invite the best of indoor/outdoor living. Dream kitchen, dining seats 12-14 and dramatic visible wine storage. High elevation. Turn-key staged. Furniture available in whole or part, separately from stager. We are pleased to present this property which features several flexible spaces that can be crafted to suit your families particular needs and taste.
Ask Simon about boat size
Boat length limit: Not provided · Dock: Not provided — Ask Simon
min · est.
2.2 nm
low tide depth
Enter draft
bridges on the route
Run to the ocean
Map © Esri · saved route, planning only
Water depth on the way out
about 4 ft at low tide (estimate, canal not surveyed)
Charted route depths do not confirm private dock depth, current shoaling or safe passage; verify with your captain.
Today’s tide · Eastern time
High: 2.0 ft · 12:00 AM ET
Low: 2.0 ft · 12:00 AM ET
Route bridges & sources
Bridges on the route
No bridges on this route
Depth sources
Army Corps survey · Intracoastal Waterway, Palm Beach County · surveyed Apr 4, 2022 · shallowest 11.1 ft on your route
NOAA chart (updated weekly)Tides
Tides: NOAA tide predictions, nearest station
Estimate only, not guaranteed. Verify before you buy or sell.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 9%
The seller has come down from $69,500,000 to $63,500,000 — a $6,000,000 reduction since it came on the market.
391 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Dogs
Welcome here
Cats
Welcome here
Your costs (est.)
≈ $374,302/mo
1260 N Lake Way, Palm Beach, FL 33480 · Palm Beach
Location
1260 N Lake Way, Palm Beach, FL 33480
Dock & Draft Match™
Dock / slip — ask about dock
Boat fit not verified. Confirm dock length, depth, bridges and ocean access before buying.
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 1260 N Lake Way, Palm Beach, FL 33480?+
Property tax (after sale): $43,447/month est.; homeowners insurance: $1,367/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $44,814/month est. Principal and interest: $329,488/month; PMI: $0/month. Total for the payment scenario shown: $374,302/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1260 N Lake Way, Palm Beach, FL 33480?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1260 N Lake Way, Palm Beach, FL 33480 need flood insurance, and what drives the premium?+
Most of Palm Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1260 N Lake Way, Palm Beach, FL 33480?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 1260 N Lake Way, Palm Beach, FL 33480?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 1260 N Lake Way, Palm Beach, FL 33480?+
This listing has been on the market 391 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Palm Beach. Historic island address — Worth Avenue, oceanfront estates, and the Breakers, with private clubs throughout.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Conniston
Middle school
Career Academy Of The Palm Beaches
High school · 2.5 mi from this home · 3800 S Congress Ave, Boynton Beach
Zone boundaries published by School District of Palm Beach County.
Other options for this address
University Preparatory Academy Palm Beach
Elementary · Charter · Grades PK–8 · West Palm Beach
R J Hendley Christian Community School
Elementary · Private · Christian · Grades PK–8 · Riviera Beach
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$63,500,000 · MLS R11133286
$63,500,000
1260 N Lake Way
256 Mockingbird Trail, Palm Beach, FL 33480
Listed by Douglas Elliman
MOCKINGBIRD TRAIL
3 bd · 4 ba · 3,195 sq ft
$10,375,000
View details
272 Sandpiper Drive, Palm Beach, FL 33480
Listed by The Corcoran Group
DODGE ESTATES IN
4 bd · 6 ba · 3,444 sq ft
$12,888,000
View details
265 Seminole Avenue, Palm Beach, FL 33480
Listed by The Corcoran Group
OCEAN PARK H W ROBBINS
3 bd · 4 ba · 2,495 sq ft
$6,750,000
View details
614 Tarpon Way, Palm Beach, FL 33480
Listed by Sotheby's Intl. Realty, Inc.
ISLAND RD DEV REV
6 bd · 9 ba · 8,607 sq ft
$43,500,000
View details
115 GULFSTREAM Road, Palm Beach, FL 33480
Listed by Premier Estate Properties, Inc
SINGER
4 bd · 6 ba · 4,115 sq ft
$23,995,000
View details
242 JUNGLE Road, Palm Beach, FL 33480
Listed by Sotheby's Intl. Realty, Inc.
5 bd · 7 ba · 7,945 sq ft
$54,500,000
View details