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748 Island Drive, Palm Beach FL 33480

House For Sale
$29,750,000

BTC: 479.06602254

ETH: 17,679.91917751

-$2M (2026/04/01)
343 days
Waterfront
5 bds
5 ba
4,153 sqft

Overview

Only property available on Everglade Island. Long open water views on the quiet east side of Everglades Island. Positioned just two lots from the southern tip, this home offers extraordinary views across to Palm Beach's estate section. Enjoy sunrises and shimmering water vistas from your future dock--already approved for a generous 614 sq ft structure with two boat lifts and quick access to deep water. Whether you're an avid boater or simply seeking serenity, this location delivers unmatched beauty and convenience. The existing home is in excellent condition and features a high-ceilinged, light-filled living room that spans the eastern side of the house, perfectly framing the breathtaking water views. The house can be updated or enjoyed as-is while you design a spectacular new residence. Offered for the first time in nearly 50 years, this is a truly special waterfront property in one of Palm Beach's most exclusive enclaves. The Everglades Island neighborhood also benefits from private security patrols, ensuring peace of mind and privacy.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage
Year Built:
1952
Lot:
0.48 Acres
Heating:
Other
Price/sqft:
$7,163
Cooling:
None
HOA:
No Data

Valuation

Recent sales nearby
4 public-records sales within 0.5 mi
Median actual sale: $23.9M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$136,494
2024
Pool
Private
Waterfront
Intracoastal Front
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • None

    Other interior features

    • No Interior Features

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 5

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    Lot

    • Lot: 0.48 Acres

    Other Property Information

    • Parcel Number: 50434327020000880

    • Zoning: R-B(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • Annual tax amount: $136,494

  • Source details

    • MLS ID: R11103870

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

    • Direction Faces: West

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 4153

    • Subdivision Name: EVERGLADES ISLAND 2

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sotheby's Intl. Realty, Inc.