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 ''al fresco'' dining. The house was taken down to the studs in 2016 and SEE MORE: completely rebuilt with no expense spared. The renovation includes a cement slurry roof, all impact windows and doors, a new seawall, boat lift, 2 floating docks and a full house generator just to name a few. The outdoor lighting is exquisite throughout the garden and illuminates the water at night from the seawall. The effect is stunning. This is island living at its best.
Sold for $25,400,000 on 01/08/25
$25,400,000
550 Island Dr, Palm Beach, FL 33480
6beds
4,146sqft
Single Family Residence, Residential
Built in 1955
0.55 Acres Lot
$24,712,000 Zestimate®
$6,126/sqft
$142,404 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 08, 2025 at 11:07am
Listed by:
Liza Pulitzer 561-373-0666,
Brown Harris Stevens of Palm Beach 5225,
Whitney Mcgurk 561-310-7919
Bought with:
Jim Mccann, BK-397290
Premier Estate Properties, Inc. - Palm Beach
Source: Palm Beach BOR,MLS#: 24-1633
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Wine Refrigerator, Freezer, Ice Maker, Gas Range, Microwave
Features
- Ceiling Fan(s), Sound System
- Flooring: Hardwood
- Windows: Impact Glass, Impact Glass-Full
- Has fireplace: Yes
- Fireplace features: Fireplace
Interior area
- Total structure area: 5,431
- Total interior livable area: 4,146 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car
Features
- Patio & porch: Patio/Lanai
- Has private pool: Yes
- Pool features: Pool, Gas Heat
- Waterfront features: Intracoastal-Direct, Seawall/Bulkhead
Lot
- Size: 0.55 Acres
- Dimensions: 150
Details
- Additional structures: Cabana, Guesthouse/Cottage
- Parcel number: 50434327030000361
- Zoning: RB
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bermuda
- Property subtype: Single Family Residence, Residential
Materials
- Cement Block/Stucco
- Roof: Other
Condition
- Year built: 1955
Utilities & green energy
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Security System, Other
Location
- Region: Palm Beach
- Subdivision: Everglades Island
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash Terms,Conventional
Services availability
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Estimated market value
$24,712,000