748 Island Drive, Palm Beach, FL 33480For Sale
$29,750,000
5beds5.00baths4153sqft

748 Island Drive, Palm Beach, FL 33480

MLS#: R11103870
Single Family Residence
Built in 1952
0.4800 acre lot
$7163/sqft
273 days on market
$136,494/yr tax

What's special

Only property available on Everglade Island. 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.

273 days on Horizon Palm

Listing office: Sotheby's Intl. Realty, Inc. · MLS#: R11103870


Map

748 Island Drive, Palm Beach, FL 33480


Facts & features

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5.00

Heating

Heating: Other

Cooling

Cooling: None

Features

Interior features: None
Flooring: Other

Interior area

Total interior livable area: 4153 sqft

Room dimensions

Kitchen: 1 X 1 (Main)
Living Room: 1 X 1 (Main)
Primary Bedroom: 1 X 1 (Main)

Parking

Garage spaces: 2.00
Parking features: Garage

Features

Stories: 1.00
Pool: Yes
Waterfront: Yes
Waterfront features: Intracoastal Access

Lot

Lot size: 0.4800 Acres
Lot features: Quarter To Half Acre Lot

Details

Parcel number: 50434327020000880
Zoning: R-B(ci

Type & style

Home type: Single Family Residence

Materials

Construction materials: Block
Roof: Other

Condition

Year built: 1952

Community

Subdivision: Everglades Island 2

Utilities

Utilities: Cable Available

Details

Price/sqft: $7163
Annual taxes: $136, 494 (2024)
Date on market: 03/31/26
Days on market: 273
Listing terms: Cash
Listing agent: John F Cregan
Listing office: Sotheby's Intl. Realty, Inc.
MLS ID: R11103870

Price history

For Sale

04/01/26 · Sotheby's Intl. Realty, Inc.

$29,750,000

$7163/sqft

Price Changed

03/31/26 · Sotheby's Intl. Realty, Inc.

$29,750,000

$7163/sqft

For Sale

03/31/26 · Sotheby's Intl. Realty, Inc.

$29,750,000

$7163/sqft$2,250,000

Listed

03/31/26 · Sotheby's Intl. Realty, Inc.

$32,000,000

$7705/sqft

Off Market

11/26/24 · Sotheby's Intl. Realty, Inc.

$32,000,000

$7705/sqft

Listed

11/26/24 · Sotheby's Intl. Realty, Inc.

$32,000,000

$7705/sqft$6,000,000

Off Market

01/03/24 · Sotheby's Intl. Realty, Inc.

$38,000,000

$9150/sqft

Listed

01/03/24 · Sotheby's Intl. Realty, Inc.

$38,000,000

$9150/sqft

Payment calculator

$150/mo
Principal & interest
$0
Property taxes
$0
Home insurance
$150

This is an estimate based on a 30-year Conventional mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


Palm Beach

Palm Beach, FLPalm Beach County33480

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StellarMLS / Beaches MLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on 2026-04-02 at 4:20 pm

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