550 Island Drive

Palm Beach, FL, 33480

$34,900,000

$7,090 per ft²
$34,900,000
$7,090 per ft²
Active
Active
 - For Sale
beds
7 Beds
baths
5 Baths
carpenters-square
4,922 ft²
property_type
Residential
calendar
Built 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.
MLS® ID:
R10884124
Listed:
4/23/23
Updated:
11/29/23
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Interior Features

Appliances
Dryer, Dishwasher, Gas Range, Microwave
Total Bedrooms
7
Full Bathrooms
5
Interior Features
Fireplace
Floor Description
Wood
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
0.55 acres lot
Exterior Features
Patio, Patio, Greenhouse
Roof
Other

Other Property Details

Area Name
5003
Taxes
$119697
Tax Frequency
per YEAR
Association Amenities
Other
Garage
Yes
Garage Spaces
2
Parking
Attached, Garage
View
N
County
Palm Beach County
Utilities
Electricity Available
Pool
Yes
Pool Description
Heated, Pool
Total Stories
1
Buyer Agency Compensation
2.5%
Transaction Broker Compensation
2.5%

Property History

Date
Event
Price
Value
11/16/23
Price Change
$34,900,000
-10%

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

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 9:10 AM UTC, 11/29/23

 

By providing your contact information, you acknowledge and agree to ourPrivacy Policyand consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.
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