• 550 Island Drive Palm Beach, FL 33480

  • $28,500,000
  • 7
    Bed(s)
  • 5
    Baths
  • 4,922
    Sq Ft
  • 23963
    Sqft

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.

Property Type :

Single Family Detached

Subdivision :

Everglades Island

County :

Palm Beach

Style :

Single Family Detached

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Property Details

 

Bedroom Information

Total Bedrooms : 7

None

Bathroom Information

Total Baths: 5

Full Baths: 5

Room Information

Rooms: None

Interior Features

Fireplace(s)

Unfurnished

Roof : Other

Air Conditioning: Central

Roofing Information

Other

Flooring Information

Wood Floor

Equipment Information

Dryer,Range - Gas,Freezer,Microwave,Dishwasher

Heating & Cooling

Cooling: Central

Heating: Central

Building Information

Year Built: 1955

Total Floors: 1

Built: Resale

Construction: CBS

Security System: Security Sys-Owned

Roof: Other

Exterior Features

Covered Patio,Green House,Cabana

Pool Information

Private Pool: Yes

Heated

Storm Protection

Partial

Lot Information

Lot Dimensions: 150.0 ft x 159.0 ft

Lot Description: 1/2 to < 1 Acre

Waterfront: Intracoastal

23,963 Sq. Ft.

Property Information

SQ ft: 6,207

SQ ft (Living Area): 4,922

Property Detail: Single Family Detached

Front Exposure: East

Subdivision: EVERGLADES ISLAND 3

Stories: 1

Listing Price Information

Original List Price: $28,500,000

Tax Information

Annual Tax: $119,697

Tax Year: 2022

Parcel Number: 50434327030000361

Taxes : Homestead

Virtual Tour

Parking Information

Garage Spaces: 2.00

Parking: Garage - Attached

Multi-Unit Information

Governing Body: None

None

Dryer,Range - Gas,Freezer,Microwave,Dishwasher

Restrict: None

Pets Allowed: Yes

Homeowners Association Information

None

Membership Equity: No

Utility Information

Electric

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1435 N Ocean Way, Palm Beach, FL,33480 $10,995,000 4 4.5 3,279 12206 Sqft
130 Algoma Road, Palm Beach, FL,33480 $19,995,000 5 6.5 6,288 15639 Sqft
1980 S Ocean Boulevard, Palm Beach, FL,33480 $150,000,000 -- -- 99,317 99316.8 Sqft
2000 S Ocean Boulevard .., Palm Beach, FL,33480 $2,800,000 2 2.5 2,385 --
101 Jungle Road, Palm Beach, FL,33480 $54,900,000 6 7.5 10,033 38859 Sqft
3589 S Ocean Boulevard .., Palm Beach, FL,33480 $329,000 1 1.5 1,016 --
3550 S Ocean Boulevard .., Palm Beach, FL,33480 $3,900,000 2 3 2,743 43560 Sqft
3360 S Ocean Boulevard .., Palm Beach, FL,33480 $1,795,000 3 2.5 2,119 --
3560 S Ocean Boulevard .., Palm Beach, FL,33480 $648,000 2 2 1,340 163322 Sqft
2 N Breakers Row #S21, Palm Beach, FL,33480 $10,500,000 3 3.5 3,243 --
MLS Logo

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 Beaches Multiple Listing Service, Inc

ByOwner last updated this listing 04/30/2024 @ 02:29

MLS: RX-10884124
LISTED BY: Liza P. Pulitzer , Brown Harris Stevens of PB (Wo
SOURCE: Beaches MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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