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5 Beds
5 Baths
5,033 sqft

$29,750,000

748 Island Drive, Palm Beach FL, 33480

Price per sqft$5,910.99
Built in1952
Property size5,033 sqft
Property typeResidential

Overview

Pending

Listed Nov 21, 2024

Updated 6 days ago

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.

$197,927/mo

Est. mortgage payment based on a $29,750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
24-1789
Available since
November 21, 2024

Interior Features

Bedrooms
5
Bathrooms
5
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.48 Acres

Other Property Details

Taxes
$133,766
Tax Frequency
Annually

 Courtesy of Lisa Cregan | Sotheby's International Realty - Palm Beach Brokerage

Based on information from DASH - Sotheby's International Realty (SIR) as of 9/23/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 5:24 AM UTC, 9/23/2026

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