Open House: Sun, Apr 21st 1:00 PM - 3:00 PM EDT

Active

550 Island Drive

Palm Beach FL, 33480

$28,500,000


$5,790.33 per sqft

Active

7 Beds

5 Baths

4,922 sqft

Residential

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.

R10884124

MLS ID

April 24, 2023

Listed

April 18, 2024

Updated

Map

550 Island Drive
Palm Beach FL, 33480

Interior Features

Total Stories

1


Bedrooms

7 Beds


Bathrooms

5 Baths


Interior Features

Fireplace


Appliances

Dryer, Dishwasher, Gas Range, Microwave


Floor Description

Wood


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.55 Acres


Exterior Features

Patio


Roof

Other

Other Property Details

Area Name

5003


Taxes

$119,697


Tax Frequency

Annually


Days on Market

360


Association Amenities

Other


Garage

Yes


Garage Spaces

2


Parking

Attached, Garage


View

No


County

Palm Beach County


Pool

Yes


Pool Features

Heated, Pool


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/3/2024

Price Change

$28,500,000

-13%

1/24/2024

Price Change

$32,500,000

-7%

11/16/2023

Price Change

$34,900,000

-11%

Open House Schedule

Sun, Apr 21st

1:00 PM - 3:00 PM EDT

Listed by: Brown Harris Stevens of PB (Wo
Listing Contact: (561) 373-0666 

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Data last updated 11:11 PM UTC, 4/18/2024

 

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