748 Island Drive, Palm Beach, FL 33480
- Beds
- 5
- Baths
- 5
- Sqft
- 4,153
- Home type
- Single Family Residence
- Year built
- 1952
- Lot size
- 20,909 sqft
- Price / sqft
- $7,163
- HOA
- $0/mo
- Community
- EVERGLADES ISLAND 2
Property description
Long open water views on the quiet east side of Everglades Island. Positioned just two lots from the southern tip, this home offers extraordinary views across to Palm Beach's 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.
Listing activity
- Days on market
- 444
- Listed
- Jul 1, 2025
- MLS listing updated
- 2 hours ago
- Feed last checked
- 2 minutes ago
Listed by John F Cregan · Sotheby's Intl. Realty, Inc.
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 5
- Bathrooms
- 5
- Bathrooms (decimal)
- 5
- Full bathrooms
- 5
- Half bathrooms
- 0
- Main-level bedrooms
- 5
- Main-level bathrooms
- 5
Rooms & features
- Rooms
- 3
- Interior features
- None
- Flooring
- Other
- Furnished
- Unfurnished
- Other equipment
- None
Heating & cooling
- Heating
- Other
- Cooling
- None
Property
Parking
- Garage spaces
- 2
- Garage
- Yes
- Covered spaces
- 2
- Parking features
- Attached Garage, Garage
- Attached garage
- Yes
Exterior
- Stories
- 1
- Building area
- 5,033 sqft
- Pool
- Yes
- View
- Intracoastal
- Waterfront
- Intracoastal
- Waterfront property
- Yes
Lot
- Lot size
- 20,909 sqft
- Lot size (acres)
- 0.48 acres
- Lot dimensions
- 100.0 ft x 210.0 ft
- Zoning
- R-B(ci
Construction
Type & style
- Home type
- Single Family Residence
- Structure type
- House
- Year built
- 1952
- New construction
- No
Materials
- Construction
- CBS
- Roof
- Other
- Property condition
- Resale
- Faces
- West
Utilities & green energy
Utilities
- Utilities
- Cable Available
Community & HOA
Community
- Subdivision
- EVERGLADES ISLAND 2
- MLS area
- 5003
- MLS subarea
- PB30
- Pets allowed
- No Restrictions, Yes
- 55+ community
- No
Association
- Has association
- No
- Estimated monthly dues
- $0
Lease details
Not reported by the listing source.
Location
Area details
- City
- Palm Beach
- County
- Palm Beach
- ZIP code
- 33480
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- R11103870
- Original list price
- $32,000,000
- Parcel number
- 50434327020000880
- Annual property tax
- $136,494
- Tax year
- 2024
- Tax legal description
- PL NO 2 EVERGLADES ISLAND LT 88
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 5
- Bathrooms Total Integer
- 5
- Building Area Total
- 5033
- Construction Materials
- CBS
- County Or Parish
- Palm Beach
- Days On Market
- 444
- Direction Faces
- West
- List Price
- 29750000
- Listing Contract Date
- 2025-07-01
- Living Area
- 4153
- Lot Size Acres
- 0.48
- Lot Size Area
- 20909
- Lot Size Dimensions
- 100.0 ft x 210.0 ft
- MLSArea Major
- 5003
- MLSArea Minor
- PB30
- Main Level Bathrooms
- 5
- Main Level Bedrooms
- 5
- Mls Status
- Pending
- On Market Date
- 2026-03-31
- Photos Count
- 24
- Postal Code
- 33480
- Price Change Timestamp
- 2026-03-31T20:28:36Z
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Rooms Total
- 3
- Senior Community
- No
- Standard Status
- Pending
- State Or Province
- FL
- Status Change Timestamp
- 2026-09-18T19:30:11Z
- Stories Total
- 1
- Subdivision Name
- EVERGLADES ISLAND 2
- Waterfront Features
- Intracoastal
- Tax Annual Amount
- 136494
- Bathrooms Full
- 5
- Pool Private
- Yes
- Bedrooms Total
- 5
- Bathrooms Half
- 0
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jul 1, 2025 | ListedBeachesMLS | $32,000,000$7,705/sqft |
| Mar 31, 2026 | Price reducedBeachesMLS | $29,750,000$7,163/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2024 | $136,494 | — |
Payment calculator
- Principal & interest
- $154,366
- Property taxes
- $11,375
- Insurance
- $14,875
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
EVERGLADES ISLAND 2Palm Beach · Palm Beach County · 33480
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Not reported by the listing source.
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.Nearby homes
12 homes
Property photos coming from MLS
Similar homes
12 homes
MIAMI REALTORS® MLS
Property photos coming from MLS
