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550 Island Dr, Palm Beach, FL – $28,500,000

  • 7 Beds
  • 5 Baths
  • 4,922 Sqft
  • .55 Acres
  • 7 Beds
  • 5 Baths
  • 4,922 Sqft
  • .55 Acres

550 Island Dr

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$28,500,000
  • Bedrooms7
  • Bathrooms5.00
  • Full Baths5
  • Square Footage4,922
  • Acres0.55
  • Year Built1955
  • TypeResidential
  • Sub-TypeSingle Family Detached
  • StatusPrice Change

Community Information

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

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

Appliances

Dryer, Dishwasher, Microwave, Freezer, Range - Gas

Exterior

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

Exterior Features

Covered Patio, Cabana, Green House

Additional Information

  • ZoningRB

Listing Details

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

Date Details Change
Status Changed from Active to Price Change
Price Reduced from $32,500,000 to $28,500,000 $4,000,000 (12.31%)
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%)
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Brown Harris Stevens of PB (Wo.

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 April 13th, 2024 at 4:45pm EDT.