748 Island Drive

Palm Beach, FL
$ 29,750,000 Beds 5 Baths 5 Sq 4,153 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Pending

  • Price
  • $ 29,750,000
  • City
  • Palm Beach
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • Palm Beach
  • Half Bathrooms
  • 0
  • Area
  • 5003
  • Lot Size
  • 0.48 Acres
  • Zip
  • 33480
  • Sqr Footage
  • 4,153
  • Year Built
  • 1952
  • Taxes
  • $ 136494
  • Style
  • MLS#
  • R11103870
Listed By: Sotheby's Intl. Realty, Inc.
Data Source: Beaches MLS (FL)

Features

General

Membership Required false
Heating Other
Cooling None
Utilities CableAvailable
Roof Other
Garage Spaces 2
Construction Materials Block
Pets Allowed NoPetRestrictions,Yes
Year Built 1952
View Intercoastal
Stories Count 1
Levels One
Property Subtype SingleFamilyResidence
Tax Year 2024
Waterfront Features IntracoastalAccess
County Palm Beach
New Construction false
Property Type Residential
Attached Garage true
Contingency Other
Subdivision Name EVERGLADES ISLAND 2
Facing Direction West
Garage Y/N true
Full Baths 5
Status Pending
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.
City Palm Beach
Senior Community Y/N false
MLS Area 5003
Tax Annual Amount 136494
Property Condition Resale
MLS Area Minor PB30
Standard Status Pending
Property Sub Type Additional SingleFamilyResidence
PostalCity Palm Beach
Legal Description PL NO 2 EVERGLADES ISLAND LT 88

Interior Features

Interior Amenities None
Flooring Other
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 5
Main Level Bedrooms 5
Main Level Bathrooms 5
Total Baths 5

Exterior Features

Private Pool true
Parking Features Attached,Garage
Lot Features QuarterToHalfAcreLot
Lot Size Area 20909
Building Area Total 5033
Lot Dimensions 100.0 ft x 210.0 ft
Lot Size Acres 0.48
Frontage Length 100.00
Frontage Type Waterfront
Waterfront Y/N true
Covered Spaces 2
Other Equipment None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Stuart, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/15/2026 Listed $29,750,000

Property vs Zip Code Average in 33480

Price
AVG $27.72M
$29.75M
Taxes
AVG $136,701
$136,494
Year Built
AVG 1972
1952

748 Island Drive Palm Beach, FL is a Single Family Home for sale at $29750000 with 4153 sqft and a lot size of 0.48 Acres Acre(s). 748 Island Drive Palm Beach has 5 bedrooms, 5 baths and was built in 1952. The property's zip code is 33480 which is in Palm Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.