$29,750,000
Price Reduced748 Island Drive, Palm Beach, FL 33480
Palm Beach, FL
Everglades Island 2
Beds
5 Beds
Baths
5 Baths
Living Area
4,153 Sq Ft
Lot
0.48 acres
Built
1952
Days Listed
304
Original Price
$32,000,000
Price Per Sq Ft
$7,163/sqft
Listed
Mar 31, 2026
Last Price Change
Mar 31, 2026
Garage
2 spaces
Property Type
Single Family Residence
About This Property
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.
Property Snapshot
Property Type
Residential
Sub Type
Single Family Residence
Stories
1
Total Baths
5
Building Area
5,033 sq ft
Lot Size
20,909 sq ft
Lot Profile
1/4 To Less Than 1/2 Acre LotLess Than 1 Acre Lot
Condition
Resale
MLS #
R11103870
Waterfront, Boating & Outdoor
Waterfront
Yes
Waterfront
Intracoastal
Private Pool
Yes
Interior & Construction
Interior Features
None
Primary Bedroom
None
Rooms
Kitchen, Living Room, Master Bedroom
Flooring
Other
Construction
CBS
Heating
Other
Cooling
None
Furnished
Unfurnished
Parking, HOA & Rules
Garage Spaces
2
Parking Features
Garage
Pets Allowed
Yes, No Restrictions
Restrictions
No Restrictions
Taxes, Utilities & MLS
Annual Taxes
$136,494
Tax Year
2024
Parcel Number
50434327020000880
Zoning
R-B(ci
County
Palm Beach
MLS Area
5003
Utilities
Cable Available
Photos
24
Listing courtesy of Sotheby's Intl. Realty, Inc.
Listing Agent: John F Cregan
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS. Real estate listings held by brokerage firms other than Levin Investments, Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Data provided is deemed reliable but is not guaranteed. All information is subject to change and should be independently verified.