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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

    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.

    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