The Real Deal Miami

Today’s priciest new listing

December 01, 2011 05:23PM

1098 N. Lake Way

The priciest new listing to hit the market today is a seven-bedroom, eight-and-two-half-bathroom, single-family home at 1098 N. Lake Way in Palm Beach that’s listed for $15.5 million, according to Condo Vultures. The home was built in 1986 and has 9,717 square feet on a 21,730-square-foot waterfront lot. The house has a separate guest wing with two additional bedrooms and bathrooms and another kitchen, and the cabana has a bathroom kitchen. The property also has a staff apartment with a private entrance and a four-car garage. It’s listed by Betsy Fry. (Condo Vultures data includes condos and single-family listings in the main metropolitan areas of Miami, Fort Lauderdale, and West Palm Beach, as well as Monroe County that are newly listed. Listings are taken from the South Florida MLS.) — Adam Fusfeld