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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
748 Island Drive, Palm Beach, FL 33480- MLS# R11103870
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.