550 Island Drive, Palm Beach, FL 33480

$28,500,000
7
BD
5
BA
4,922
SqFt
List Price
$28,500,000
Price Change
▼ $4,000,000 1712176957
MLS#
RX-10884124
Bedrooms
7
Bathrooms
5
Sq. Ft
4,922
Lot Size
23,963
Subtype
Single Family Detached
County
Palm Beach
Community
Everglades Island 3
Subdivision
Everglades Island 3
Year Built
1955

Property 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.

Additional Information

Front Exposure
East
Governing Body
None
Pets Allowed
Allowed
Status Label
ACTIVE
Construction
CBS
Cooling
Central
Equipment
Dishwasher, Dryer, Freezer, Microwave, Range - Gas
Flooring
Wood Floor
Furnished
Unfurnished
Heating
Central
Lot Description
1/2 to < 1 Acre
Parking
Garage - Attached
Roof
Other
Rooms
None
Bedroom Description
None
Security
Security Sys-Owned
Taxes
$119,697
Total Floors
1
Private Pool
Yes
Waterfront
Intracoastal
Stories
1
Roofing
Other
Utility
Electric
Acres
0.55
Price Per Acre
252226339.2
Price Per Sqft
$5,790

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Brown Harris Stevens of PB (Wo. Contact: