Address550 Island Dr, Palm Beach, FL, 33480

Price$39,000,000

  • 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$39,000,000
  • HOA Fees$0
  • Taxes$119,697 (2022)
  • Bedrooms7
  • Bathrooms5.00
  • Full Baths5
  • Square Footage4,922
  • Acres0.55
  • Price/SqFt$7,924 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

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 Website40
  • ZoningRB

Listing Details

  • OfficeBrown Harris Stevens of PB
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Price Change History for 550 Island Dr, Palm Beach, FL (MLS® #RX-10884124)

Date Details Change
Status Changed from New to Active

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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 ©2023 BeachesMLS, Inc.

Listing information last updated on June 3rd, 2023 at 1:16pm EDT.

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