748 Island Drive, Palm Beach, FL 33480

$29,750,000 — Pending

Property Features

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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.

▼ Price Reduced — originally listed at $32,000,000

Property Details

  • Listing ID: R11103870
  • Status: Pending
  • Listing Date: 2025-07-01
  • Property Type: Single Family Residence
  • Subdivision: EVERGLADES ISLAND 2
  • County: Palm Beach
  • MLS Area: 5003
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Living Area Sq Ft: 4,153
  • Lot Dimensions: 100.0 ft x 210.0 ft
  • Year Built: 1952

Financial

  • List Price: $29,750,000
  • Original List Price: $32,000,000
  • HOA Fee: None
  • Taxes: $136,494/yr

Features & Amenities

  • View: Intracoastal
  • Furnished: Unfurnished
  • Pets Allowed: Yes, No Restrictions
  • Parking: Garage, Attached Garage
  • Cooling: None
  • Heating: Other
  • Flooring: Other
  • Construction: CBS
  • Roof: Other
  • Interior Features: None

Courtesy of Sotheby's Intl. Realty, Inc.
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