550 Island Drive
Palm Beach, FL 33480
- 6 beds
- 5.5 baths
- 4,890 sqft
- $5,194 per sqft
- 1955 build
- – on site
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BEAUTIFULLY REIMAGINED: This Bermuda gem evokes an island lifestyle and ambiance which is ideal for families and entertaining. The interior has been beautifully reimagined and is now in total harmony with the tropical gardens that surround the house. The home is the epitome of ''Palm Beach Chic'' in the truest sense. Architectural elements include soaring pickled wood ceilings throughout the house, outdoor covered loggias with a fireplace and an infinity pool which all create a magical setting overlooking 150' of water frontage. There is a separate pool house positioned alongside the water which consists of a large living room with vaulted ceilings, bedroom, bathroom, morning bar and outdoor gazebo for ''alfresco'' dining. The house was taken down to the studs in 2016 and SEE MORE:
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Last updated Feb 14, 2025
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MLS# RX-11034636 —
The Building
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Year Built:1955
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Roof:Other
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Construction:CBS
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Stories:1
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Front Exposure:East
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Exterior Features:Cabana, Covered Patio, Green House
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Window Treatments:Hurricane Windows, Impact Glass
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SqFt Total:6207
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SqFt Source:Other
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Storm Protection Impact Glass:Partial
Interior
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Furnished:No
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Interior Features:Fireplace(s)
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Master Bedroom/Bath:None
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Flooring:Wood Floor
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Rooms:None
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SqFt Living:4890
Financial & Terms
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Terms Considered:Cash, Conventional
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Terms of Sale:Cash
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Short Sale:No
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Possession:At Closing
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HOPA:No Hopa
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Price Per SqFt:$5,092.02
Location
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Area:5003
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Latitude:26.697159
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Longitude:-80.043274
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Geographic Area:PB30
The Property
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Parcel ID:50434327030000361
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Zoning:R-B(ci
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Type:Single Family Detached
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Lot Description:1/2 to < 1 Acre
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Lot SqFt:23,962 Sqft
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Lot Dimensions:150.0 ft x 159.0 ft
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View:Intracoastal
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Waterfront:Intracoastal
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Waterfront:Yes
Listing Agent
- Contact info:
- Agent phone:
- (561) 373-0666
- Office phone:
- (561) 659-6400
Taxes
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Taxes:$118,456
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Taxes:Homestead
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Tax Year:2023
Beds
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Total Bedrooms:6
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Main Level Bedrooms:6
Baths
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Total Baths:5.10
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Full Baths:5
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Half Baths:1
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Main Level Baths:5
The Listing
Heating & Cooling
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Heating:Central
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Cooling:Central
Utilities
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Utilities:Electric
Appliances
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Appliances Included:Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range - Gas, Refrigerator
The Community
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Subdivision:EVERGLADES ISLAND 3
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Subdivision Amenities:None
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Security:Security Sys-Owned
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Private Pool:Yes
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Private Pool:Heated
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Boat Services:Private Dock
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Pets Allowed:Yes
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Pets on Premises:No
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Restrictions:None
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Governing Bodies:None
Parking
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Parking:Garage - Attached
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Garage Spaces:2
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Covered Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/8/25
Jan 8, 2025
|
Sold | BMLS | $25,400,000 | 2.0% |
|
11/27/24
Nov 27, 2024
|
Pending | BMLS | $24,900,000 | |
|
11/6/24
Nov 6, 2024
|
Listed / Active | BMLS | $24,900,000 |
