748 Island DrivePalm Beach, FL 33480MLS Number R11103870

  • Price: $29,750,000
  • Est. Mortgage of $/month
  • 137 Days on Market
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Federal 30-year interest rate: 6.67% last updated on Aug 13, 2026
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  • 5Bedrooms
  • 0.48Acreage
  • 5Bathrooms
  • 1952Year Built
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.
Listing by Sotheby's Intl. Realty,Inc.

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Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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Tax Information

  • Tax Legal Description PL NO 2 EVERGLADES ISLAND LT 88
  • Tax Year 2024
  • Taxes$136,494

Location

  • Address748 Island Drive
  • Area5003
  • Building Number748
  • CountyPalm Beach
  • StateFL
  • StreetIsland Drive
  • SubdivisionEverglades Island 2
  • TownPalm Beach
  • Zip33480

Exterior

  • RoofOther

Amenities

  • Other AmenitiesPool, Waterfront, Water View, Dock
  • PetsNo Pet Restrictions, Yes
  • Pool Private YN Yes

Legal

  • Parcel Number 50434327020000880
  • Universal Parcel Id urn:reso:upi:2.0:US:12099:50434327020000880

Parking

  • Parking Features Attached, Garage

Basic Information

  • List Price$29,750,000
  • MLS NumberR11103870
  • Modification Date08/07/2026
  • Property SubTypeSingle Family Residence
  • Property TypeResidential
  • StatusACT
  • Virtual TourView Tour

Interior

  • Flooring Other
  • Furnished Unfurnished

Property Information

  • Acreage0.48
  • Frontage Length Remarks 100
  • Frontage Type Waterfront
  • Lot Features 1/4 to 1/2 Acre Lot
  • Lot Size Dimensions 100.0 ft x 210.0 ft
  • Property Condition Resale
  • Property Sub Type Additional Single Family Residence
  • Property View DescriptionIntercoastal
  • Square Feet4,153
  • View YN Yes

Rooms

  • Bathroom5
  • Bedrooms5
  • Full Bath5
  • Main Level Bathrooms 5
  • Main Level Bedrooms 5

Building

  • Attached Garage YN Yes
  • Building ConstructionBlock
  • GarageYes
  • Garage Spaces2
  • Stories1
  • Structure Type House
  • Year Built1952

Utilities

  • Heat SystemOther
  • Heating YN Yes
  • Utilities Cable Available

Water Body

  • Water FeaturesIntracoastal Access
  • WaterfrontYes

Other

  • Date Listed03/31/2026

Based on information submitted to BeachesMLS as of August 14, 2026 9:44 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively 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.

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