$32,000,000

748 Island Dr Palm Beach, FL 33480

Estimated payment $189,752/month

Total Views 12,275
5 Beds
5 Baths
4,153 Sq Ft
$7,705 Price per Sq Ft

Highlights

  • 100 Feet of Waterfront
  • Gas Heated Pool
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Contemporary Architecture
  • Lanai

About This Home

Bring your boat, build your dream. Nearly one-half acre looking over open water east to the estate section on the quiet south end of Everglades Island. Approval received for a large 614 sqft dock with two boat lifts. The property is the second from the southern tip of Everglades Island with easy access to deep water and spectacular long views down the Intracoastal. The current home is in excellent condition. It could easily be updated or enjoyed as is while a buyer makes plans to build something spectacular and new. A high-ceilinged living room runs length-wise along the east side of the house, bathed in light, with beautiful views to the water. This is a very special property, on the market for the first time in almost 50 years. Everglade Island neighborhood association provides private security patrols.

Listing Agent

John Cregan

Sotheby's International Realty, Inc. License #3439962

Sotheby's International Realty, Inc.

Co-Listing Agent

Lisa Cregan

Sotheby's International Realty, Inc. License #SL-3389810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $133,767

Year Built

  • Built in 1952

Lot Details

  • 0.48 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Home has sun exposure from multiple directions
  • Property is zoned 50- Rb - Rb (50-Palm Beach)

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,153 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Sliding Windows
  • Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Partial Impact Glass

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Bulkhead
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Everglades Island Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434327020000880

Home Details

Home Type

Single Family

Est. Annual Taxes

$133,767

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Lot Size: 100
  • Subdivision Name: Everglades Island
  • 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.
  • Architectural Style: Contemporary, One Story
  • Year Built: 1952
  • Location Tax Legal:Zoned: 50- Rb - Rb (50-Palm Beach)
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 133766.51
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 4153.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • General Property Description:Lot SqFt: 20909
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Windows:Impact Glass-Partial: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Floors:StoneBrick: Yes
  • Exposure:West: Yes
  • General Property Description:Waterfront Ftg: 100.0
  • Waterfront:Intracoastal-Direct: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Hardwood, Stone/Brick, W/W Carpeting
  • Interior Amenities: Fireplace
  • Living Area: 4153.0
  • Window Features: Impact Glass-Partial, Sliding
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Seawall/Bulkhead
  • Roof: Tar/Gravel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 20909.0
  • Parcel #: 50434327020000880
  • Zoning: 50- Rb - Rb (50-Palm Beach)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 133766.51
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $136,494 $9,210,266 -- --
2023 $133,767 $8,942,006 $0 $0
2022 $135,216 $8,681,559 $0 $0
2021 $137,931 $8,428,698 $0 $0
2020 $138,453 $8,312,325 $0 $0
2019 $138,183 $8,124,095 $7,920,000 $204,095
2018 $136,287 $8,248,971 $8,057,102 $191,869
2017 $126,790 $7,493,144 $7,460,280 $32,864
2016 $131,035 $7,500,652 $0 $0
2015 $124,586 $6,840,696 $0 $0
2014 $123,022 $6,545,933 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 For Sale $32,000,000 0.0% $7,705 / Sq Ft
11/26/2024 11/26/24 For Sale $32,000,000 -- --
Source: Palm Beach Board of REALTORS®

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-1789

APN: 50-43-43-27-02-000-0880