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For sale
  • $32,000,000

    748 Island Dr, Palm Beach, FL 33480

    5beds
    4,153sqft
    : 
    Single Family Residence, Residential
    Built in 1952
    0.48 Acres Lot
    $-- Zestimate®
    $7,705/sqft
    $-- HOA

    What's special

    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.
    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

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    Next available tour time:Today at 11am

    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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