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Sold for $33,278,675
  • $33,278,675

    350 Island Rd, Palm Beach, FL 33480

    8beds
    5,744sqft
    Single Family Residence, Residential
    Built in 1955
    0.76 Acres Lot
    $35,119,600 Zestimate®
    $5,794/sqft
    $188,028 Estimated rent

    Home value

    $35,119,600

    $31.61M - $38.98M

    $188,028/mo

    Zestimate® history
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    What's special

    Two-car attached garageWaterfront poolSix bedrooms
    Located on Island Road in the Estate Section of Palm Beach, this 33,301± square foot property offers 107± feet of direct Intracoastal frontage. The property is particularly unique for its rare water views to the south and Everglades Club 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    TODD F. PETER 561-281-0031,

    Sotheby's International Realty, Inc.,

    FRANCES WEBSTER PETER 561-659-3555

    Bought with:

    CRISTA FANJUL RYAN, SL-451844

    Tina Fanjul Associates, Inc.

    Source: Palm Beach BOR,MLS#: 26-411

    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: 0.76 Acres
    • Dimensions: 107
    • 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: $5,794/sqft
    • Tax assessed value: $35,923,005
    • Annual tax amount: $78,724
    • Date on market: 3/6/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    6/22/2026Sold$33,278,675-15.8%$5,794/sqft
    Source: Palm Beach BOR #26-411 Report a problem
    5/26/2026Pending sale$39,500,000$6,877/sqft
    Source: BeachesMLS #R11169342 Report a problem
    4/17/2026Price change$39,500,000-3.7%$6,877/sqft
    Source: Palm Beach BOR #26-411 Report a problem
    3/6/2026Listed for sale$41,000,000$7,138/sqft
    Source: Palm Beach BOR #26-411 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$78,723 +2.9%$5,253,336 +2.9%
    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

    Neighborhood: 33480

    Nearby schools

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    Estimated market value
    $35,119,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $35,119,600