Everglades Island, 550 Island Dr

$39M26.9%
$28,500,000
7
Beds
5
Baths
4,922
SqFt
Status
OFF MARKETExpired
Parking
2
Size
4,922 SqFt (457 m2)
Price
$5,790/SqFt ($62,327/m2)
Type
House
Built
1955
MLS Number
R10884124
On Site
1239 Days
Updated
851 Days ago
Page Views
0
The Epitome of Palm Beach Chic on Everglades Island. This house is a true Bermuda style house with 150 feet of direct waterfront. Most ceilings are vaulted with pickled wood to create a sophisticated island atmosphere. There are multiple outdoor living spaces surrounding the infinity pool including a covered loggia with a fireplace. The magical garden has been beautifully maintained and provides total privacy throughout. The main house consists of 5 bedrooms and there is a separate guest house overlooking the water with 2 bedrooms. The structures were completely renovated in 2016 with no expense spared. Amenities include a full house generator, 2 car garage, a boatlift and one floating dock along with a new seawall. This is Island living at its best.

Features

Bedrooms
  • Bedrooms: 7
Bathrooms
  • Bathrooms: 5
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Patio
Interior, Heating and Cooling
  • Interior Features: Fireplace
  • Equipment / Appliances: Dryer, Dishwasher, GasRange, Microwave
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Wood
  • Year Built: 1955
  • Year Built Description: Resale
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2023-04-24T14:32:30.000-00:00
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Taxes: 119697
    • Security Information: SecuritySystem
    • Parking Description: Attached,Garage
    • Total Floors in Building: 1

    Apples-to-Apples Comparables

     Closest-Match Comparables
    See closest-match comps for this subdivision
    No obligation
    Verified
    Trends
    Insights
    Best of Luxury Realty
    Talk to a local advisor
    Licensed advisors answering your questions across Palm Beach, FL
    01
    Licensed Brokerage
    02
    Local Advisors
    03
    Direct Answers
    Exclusive real estate service partner

    Price History

    Current
    $28.5M
    High
    $39M
    Low
    $28.5M
    Total Change
    -26.9%
    $40.3M$33.8M$27.2MApr 23Nov 23Jan 24Apr 24
    Date
    Event
    Price
    Change
    Price Per
    04/02/2024
    Price Reduced
    $28.5M
    -12.31%
    $5,790 ft2
    $62,327 m2
    01/23/2024
    Price Reduced
    $32.5M
    -6.88%
    $6,603 ft2
    $71,075 m2
    11/15/2023
    Price Reduced
    $34.9M
    -10.51%
    $7,091 ft2
    $76,323 m2
    04/24/2023
    Listed
    $39M
     
    $7,924 ft2
    $85,290 m2
    04/02/2024
    $28.5M
    Event
    Price Reduced
    Change
    -12.31%
    Price Per
    $5,790 ft2
    $62,327 m2
    01/23/2024
    $32.5M
    Event
    Price Reduced
    Change
    -6.88%
    Price Per
    $6,603 ft2
    $71,075 m2
    11/15/2023
    $34.9M
    Event
    Price Reduced
    Change
    -10.51%
    Price Per
    $7,091 ft2
    $76,323 m2
    04/24/2023
    $39M
    Event
    Listed
    Price Per
    $7,924 ft2
    $85,290 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Liza Pulitzer • Brown Harris Stevens of PB (Wo • Buyer Agency Compensation .

    Listing Location & Street View
    MapStreet View

    Peer Listings

    Active listings from matched communities
    Results 0 of 0
    No listings found
    Try adjusting your filters or changing your location to see available listings
    Turn on listing alerts and we'll notify you
    when matching listings appear

    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    5

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    32

    100
    Sound Score®
    Bearable noise
    80

    100
    Airport Score
    Close to airports. Noticeable airport activity
    3

    100
    Traffic Score
    Congested area. Frequent traffic delays
    25

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    5 – 5 BR
    Bedrooms
    $29.8M – $29.8M
    Price Tier
    4,153 - 7,424
    SqFt Range
    1961
    Year Build
    2
    Total Floors

    Subdivision Amenities

    Boating
    None

    Palm Beach
    Ultra Luxury
    Ultra Luxury Homes & Condos