550 Island Drive, Palm Beach, FL 33480
$28,500,000
Property Type:
Residential
Bedrooms:
7
Baths:
5
Square Footage:
6,207
Lot Size (sq. ft.):
23,962
Status:
Active
Current Price:
$28,500,000
List Date:
4/24/2023
Last Modified:
5/16/2024
Description
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.
Open Houses
Sunday, May 19, 12:00 pm - 2:00 pm
More Information MLS# 23-755
Contract Information
Current Price: $28,500,000
List Date: 2023-04-24
List Price/SqFt: 4591.59
List Price: $28,500,000
Exclusive: Right
Photo to be Supplied: Photo Supplied by LO
Lease restrictions after closing: No
Location, Tax & Legal
Parcel Control #: 50434327030000361
Street #: 550
Street Name: Island
Street Suffix: Drive
Municipality: Palm Beach
Area: 03 - South of Worth Ave to Sloans Curve
State/Province: FL
Zip Code: 33480
Subdivision: Everglades Island
County: Palm Beach
Certified Flood Elev: No
Certified Survey: No
Legal: EVERGLADES ISLAND PL NO 3 S 50 FT OF LT 36 & LT 38
Zoned: RB
Homestead Exempt: Yes
Taxes: 119697
Tax Year: 2022
Geo Lat: 26.697169
Geo Lon: -80.043281
General Property Description
Lot SqFt: 23962
Lot Dim (1): 150
Realtor.COM Type: Residential - Single Family
Sub Type: Single Family Residence
Living Area: 4922
SqFt Total: 6207
# of Bedrooms: 7
# of Baths: 5
Half Baths: 1
Year Built: 1955
Pool: Yes
Waterfront: Yes
Office/Member Info
Variable Rate: No
Code to SA: 2.5
Code to SA Type: %
Code to NR: 2.5
Code to NR Type: %
Code to TB: 2.5
Code to TB Type: %
Status Change Info
Status: Active
Property Features
Waterfront: Intracoastal-Direct
Exposure: East; West
Pool: Pool; Heated - Gas
Dock: Other Materials
Landmark: No Landmarks
Style: Bermuda
Construction: Cement Block/Stucco
Roof: Other
Floors: Hardwood
Windows: Impact Glass; Impact Glass-Full
Garage: 2 Car
AC/Heat: Central Air
Exterior Features: Patio/Lanai; Cabana; Seawall/Bulkhead; Guesthouse/Cottage
Interior Features: Cable; Ceiling Fan; Fireplace; Sound System
Appliances: Dishwasher; Disposal; Refrigerator; Refrigerator-Wine; Freezer; Ice Maker; Range-Gas; Microwave
Security: Security System; Other Security
HOA: None
Terms: Cash Terms; Conventional Mtg
Occupancy: Occupancy At Closing
Listing Office: Brown Harris Stevens of Palm Beach 5225
Last Updated: May - 16 - 2024
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