Bring your boat and build your dream estate on this rarely available, nearly half-acre property located on the quiet south end of Everglades Island. Positioned just two lots from the southern tip, this site offers extraordinary long views east over open water, directly toward Palm Beach's prestigious estate section.
Enjoy sunrises and shimmering water vistas from your future dock—already approved for a generous 614 sq ft structure with two boat lifts and quick access to deep water. Whether you're an avid boater or simply seeking serenity, this location delivers unmatched beauty and convenience.
The existing home is in excellent condition and features a high-ceilinged, light-filled living room that spans the eastern side of the house, perfectly framing the breathtaking water views. The house can be updated or enjoyed as-is while you design a spectacular new residence.
Offered for the first time in nearly 50 years, this is a truly special waterfront property in one of Palm Beach's most exclusive enclaves. The Everglades Island neighborhood also benefits from private security patrols, ensuring peace of mind and privacy.
For sale
$32,000,000
748 Island Dr, Palm Beach, FL 33480
5beds
4,153sqft
Est.:
Single Family Residence, Residential
Built in 1952
0.48 Acres Lot
$-- Zestimate®
$7,705/sqft
$-- HOA
What's special
- 259 days
- on Zillow |
- 1,889 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: August 10, 2025 at 06:43am
Listed by:
John Cregan 847-651-7210,
Sotheby's International Realty, Inc.,
Lisa Cregan 847-910-1303
Source: Palm Beach BOR,MLS#: 24-1789
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Central, Zoned
Cooling
- Zoned, Central Air
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Ice Maker, Electric Range, Double Oven, Microwave, Washer, Dryer
Features
- Flooring: Hardwood, Stone/Brick, Carpet
- Windows: Impact Glass-Partial, Sliding
- Has fireplace: Yes
- Fireplace features: Fireplace
Interior area
- Total structure area: 5,033
- Total interior livable area: 4,153 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car, Attached
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio/Lanai
- Has private pool: Yes
- Pool features: Pool, Gas Heat, Pool Size (40' x 14')
- Waterfront features: Intracoastal-Direct, Seawall/Bulkhead
Lot
- Size: 0.48 Acres
- Dimensions: 100
Details
- Parcel number: 50434327020000880
- Zoning: 50- Rb - Rb (50-Palm Beach)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence, Residential
Materials
- Cement Block/Stucco
- Roof: Tar/Gravel
Condition
- Year built: 1952
Utilities & green energy
- Water: City Water
Community & HOA
Community
- Security: Security System
- Subdivision: Everglades Island
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $7,705/sqft
- Tax assessed value: $22,991,199
- Annual tax amount: $133,766
- Date on market: 11/26/2024
- Listing agreement: Exclusive Right To Sell
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