748 Island Drive, Palm Beach, FL 33480
New Listing
$29,750,000
Property Type:
Residential
Bedrooms:
5
Baths:
5
Square Footage:
5,033
Status:
Active
Current Price:
$29,750,000
List Date:
3/31/2026
Last Modified:
3/31/2026
Description
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.
Supplements: 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.
More Information MLS# R11103870
Contract Information
Comp Sale YN: No
Listing Contract Date: 2025-07-01
Status: Active
Original List Price: 32000000
List Price: $29,750,000
Current Price: $29,750,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Country: United States
Street Number: 748
Street Name: Island
Street Suffix: Drive
State Or Province: FL
Postal Code: 33480
Subdivision Name: EVERGLADES ISLAND 2
Area: 5003
Parcel Number: 50434327020000880
Zoning: R-B(ci
Directions: Take S County south from Worth Ave, make a right onto Island Road, then left after crossing the bridge on to Island Drive. House is on your left at end of the island.
General Property Information
Living Area Main: 4153
Lot Size Dimensions: 100.0 ft x 210.0 ft
Gated Community YN: No
Lot Size Area: 20909
Senior Community YN: No
Furnished: Unfurnished
Stories Total: 1
Stories: 1
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 5
Building Area Main: 5033
Building Area Source: Public Records
Year Built: 1952
Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Lot Size Acres: 0.48
Frontage Length: 100
Waterfront YN: 1
Direction Faces: West
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Annual Amount: 136494
Tax Year: 2024
Tax Legal Description: PL NO 2 EVERGLADES ISLAND LT 88
Office/Member Information
DXORIGMLSID: RML
Flooring
Other: 1
Parking Features
Garage: 1
Property Condition
Resale: 1
Structure Type
House: 1
Utilities
Cable Available: 1
Heating
Other: 1
Construction Materials
CBS: 1
Interior Features
None: 1
Listing Terms
Cash: 1
Other Equipment
None: 1
Roof
Other: 1
Waterfront Features
Intracoastal: 1
Cooling
None: 1
Showing Requirements
Call Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 5
Main Level Bedrooms: 5
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Room Types
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 6358.03
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-03-31T20:28:36Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-31T20:28:36Z
Status Change Date: 2026-03-31
Originating Details
Originating System Key: 20250701132644799057000000
Originating System ID: M00000170
Property Features
Flooring: Other
Parking Features: Garage
Property Condition: Resale
Construction Materials: CBS
Cooling: None
Heating: Other
Interior Features: None
Listing Terms: Cash
Other Equipment: None
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Restrictions: No Restrictions
Roof: Other
Storm Protection Details: None
Structure Type: House
Tax Information: City/County
Utilities: Cable Available
Waterfront Features: Intracoastal
Showing Requirements: Call Listing Agent
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Room Information
Living Room
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Kitchen
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Master Bedroom
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Listing Office:
Sotheby's Intl. Realty, Inc.
Last Updated: March - 31 - 2026
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