Located on Island Road in the Estate Section of Palm Beach, this 31,798± square foot property offers 100 feet of direct Intracoastal frontage with rare south-facing water views. To the north is the Everglades Club golf course, providing both Intracoastal views to the south and golf course views to the north. The lot's size, frontage, and premier location present an exceptional opportunity to build a new waterfront estate in one of Palm Beach's most desirable residential areas. The property currently features a 6,729± total square foot Mid-Century residence. The main house includes six bedrooms, six full bathrooms, and one half bath, along with formal living and dining rooms, a kitchen with butler's pantry, and a large party room with bar and kitchenette designed for entertaining. A separate pool house includes an additional two bedrooms and two full bathrooms. The grounds have a waterfront pool, as well as a spacious yard with a pond and orchid slat house. Additional features include a two-car attached garage, carport, full house generator, and full house water filtration system.
For sale
$41,000,000
350 Island Rd, Palm Beach, FL 33480
8beds
5,744sqft
Est.:
Single Family Residence, Residential
Built in 1955
0.73 Acres Lot
$-- Zestimate®
$7,138/sqft
$-- HOA
What's special
Orchid slat houseSeparate pool houseTwo-car attached garageWaterfront poolSix bedroomsRare south-facing water viewsOne half bath
- 1 day |
- 1,084 |
- 26 |
Zillow last checked: 8 hours ago
Listing updated: March 06, 2026 at 09:19am
Listed by:
TODD F. PETER 561-281-0031,
Sotheby's International Realty, Inc.,
FRANCES WEBSTER PETER 561-659-3555
Source: Palm Beach BOR,MLS#: 26-411
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Heating
- Zoned
Cooling
- Multi Units, Zoned
Appliances
- Included: Refrigerator, Freezer, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Double Oven
Features
- Wet Bar, Elevator, Pantry
- Flooring: Tile, Terrazzo, Hardwood
- Windows: Other, Storm Shutters
Interior area
- Total structure area: 6,729
- Total interior livable area: 5,744 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Attached
- Attached garage spaces: 2
- Has carport: Yes
Features
- Levels: Two
- Exterior features: Sprinkler System
- Has private pool: Yes
- Pool features: Gas Heat
- On waterfront: Yes
- Waterfront features: Seawall, Intracoastal-Direct
Lot
- Size: 0.73 Acres
- Dimensions: 100
- Features: 1/2 Acre to 1 Acre
Details
- Parcel number: 50434327040000061
- Zoning: R-A - Estate Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Roof: Other
Condition
- Year built: 1955
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Security System
- Subdivision: Island Rd Dev
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $7,138/sqft
- Tax assessed value: $35,040,291
- Annual tax amount: $78,724
- Date on market: 3/6/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $41,000,000$7,138/sqft |
Source: Palm Beach BOR #26-411 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $76,524 +2.1% | $5,105,283 +3% |
| 2023 | $74,917 -0.2% | $4,956,585 +3% |
| 2022 | $75,045 -1.7% | $4,812,218 +3% |
| 2021 | $76,347 -0.2% | $4,672,056 +1.4% |
| 2020 | $76,511 +0.6% | $4,607,550 +2.3% |
| 2019 | $76,070 | $4,503,959 +1.9% |
| 2018 | $76,070 +4.8% | $4,419,979 +2.1% |
| 2017 | $72,556 -0.1% | $4,329,069 +2.1% |
| 2016 | $72,595 +0.2% | $4,240,028 +0.7% |
| 2015 | $72,416 -3.8% | $4,210,554 +0.8% |
| 2014 | $75,255 +2.1% | $4,177,137 +1.5% |
| 2013 | $73,728 +0.1% | $4,115,406 +1.7% |
| 2012 | $73,646 +0.6% | $4,046,614 +3% |
| 2011 | $73,171 +7.4% | $3,928,751 +8.4% |
| 2010 | $68,101 -20.1% | $3,623,075 -22.8% |
| 2009 | $85,243 +121.6% | $4,691,440 +104.1% |
| 2008 | $38,459 +3.2% | $2,298,573 +3% |
| 2007 | $37,268 -6.2% | $2,231,624 +2.5% |
| 2006 | $39,733 | $2,177,194 +3% |
| 2005 | -- | $2,113,781 +3% |
| 2004 | $22,095 +21145% | $2,052,215 +1.9% |
| 2003 | $104 -99.7% | $2,013,950 +2.4% |
| 2002 | $39,191 +0.3% | $1,966,748 +1.6% |
| 2001 | $39,091 +1.9% | $1,935,776 +3% |
| 2000 | $38,348 +2.5% | $1,879,394 -13.8% |
| 1999 | $37,398 | $2,180,126 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$264,680/mo
Principal & interest
$205230
Property taxes
$59450
Climate risks
Neighborhood: 33480
Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Conniston Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 3.2 mi
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