550 Island Drive

Palm Beach, FL 33480 / Everglades Island

MLS ID# 23-755 Active
Single Family Residence

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$39,000,000

7 beds

5 baths

2 Car Garage

6207 sqft

0.55 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Office/Member Info
• Details
• Video 1

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. 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 liv... show more

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
• Owner/Agent No

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
• Furnished/Unfurnishd Unfurnished
• 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 %

Details

• Waterfront

  Intracoastal-Direct

• Exposure

  East, West

• 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