Address550 Island Dr, Palm Beach, FL, 33480

Price$32,500,000

  • 7 Beds
  • 5 Baths
  • Residential
  • 4,922 SQ FT
  • Built in 1955

The Epitome of Palm Beach Chic on Everglades Island. This house is a true Bermuda style house with 150 feet of direct waterfront. Most ceilings are vaulted with pickled wood to create a sophisticated island atmosphere. There are multiple outdoor living spaces surrounding the infinity pool including a covered loggia with a fireplace. The magical garden has been beautifully maintained and provides total privacy throughout. The main house consists of 5 bedrooms and there is a separate guest house overlooking the water with 2 bedrooms. The structures were completely renovated in 2016 with no expense spared. Amenities include a full house generator, 2 car garage, a boatlift and one floating dock along with a new seawall. This is Island living at its best.

Essential Information

  • MLS® #RX-10884124
  • Price$32,500,000
  • HOA Fees$0
  • Taxes$119,697 (2022)
  • Bedrooms7
  • Bathrooms5.00
  • Full Baths5
  • Square Footage4,922
  • Acres0.55
  • Price/SqFt$6,603 USD
  • Year Built1955
  • TypeResidential
  • RestrictionsNone
  • StatusActive

Community Information

  • Address550 Island Dr
  • Area5003
  • SubdivisionEVERGLADES ISLAND 3
  • CityPalm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33480

Sub-Type

Residential, Single Family Detached

Appliances

Dishwasher, Dryer, Freezer, Microwave, Range - Gas

Exterior Features

Covered Patio, Cabana, Green House

Office

Brown Harris Stevens of PB (Wo

Amenities

  • AmenitiesNone
  • Utilities3-Phase Electric
  • ParkingGarage - Attached
  • # of Garages2
  • Is WaterfrontYes
  • WaterfrontIntracoastal
  • Has PoolYes
  • PoolHeated

Interior

  • Interior FeaturesFireplace(s)
  • HeatingCentral
  • CoolingCentral
  • FireplaceYes
  • # of Stories1
  • Stories1.00

Exterior

  • Lot Description1/2 to < 1 Acre
  • RoofOther
  • ConstructionCBS

Additional Information

  • Days on Website339
  • ZoningRB

Listing Details

Please provide a valid email address.

Price Change History for 550 Island Dr, Palm Beach, FL (MLS® #RX-10884124)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $34,900,000 to $32,500,000 $2,400,000 (6.88%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Show More (2)

Similar Listings To: 550 Island Dr, Palm Beach

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on March 29th, 2024 at 2:30am EDT.

Charleston Trident Association of Realtors Logo The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than NV Realty Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.

TOP