550 Island Drive, Palm Beach, FL 33480
- $25,400,000
- 6
- BD
- 6
- BA
- 4,890
- SqFt
- Sold Price
- $25,400,000
- List Price
- $24,900,000
- Status
- CLOSED
- Days on Market
- 21
- Closing Date
- Jan 08, 2025
- MLS#
- R11034636
- Subtype
- Residential
- Year Built
- 1955
- Bedrooms
- 6
- Bathrooms
- 6
- Full Baths
- 5
- Half Baths
- 1
- Living Area
- 4,890
- Acres
- 0.55
- Subdivision
- Everglades Island 3
- MLS Area Major
- 5003
Property Description
BEAUTIFULLY REIMAGINED: This Bermuda gem evokes an island lifestyle and ambiance which is ideal for families and entertaining. The interior has been beautifully reimagined and is now in total harmony with the tropical gardens that surround the house. The home is the epitome of ''Palm Beach Chic'' in the truest sense. Architectural elements include soaring pickled wood ceilings throughout the house, outdoor covered loggias with a fireplace and an infinity pool which all create a magical setting overlooking 150' of water frontage. There is a separate pool house positioned alongside the water which consists of a large living room with vaulted ceilings, bedroom, bathroom, morning bar and outdoor gazebo for ''alfresco'' dining. The house was taken down to the studs in 2016 and SEE MORE: completely rebuilt with no expense spared. The renovation includes a cement slurry roof, all impact windows and doors, a new seawall, boat lift, 2 floating docks and a full house generator just to name a few. The outdoor lighting is exquisite throughout the garden and illuminates the water at night from the seawall. The effect is stunning. This is island living at its best.
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Additional Information
- Amenities
- None
- Interior Features
- None
- Exterior Features
- Outdoor Living Area
- Taxes
- $118,456
- Flooring
- Wood
- Appliances
- Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Stories
- 1
- Levels
- One
- Roof
- Other
- Pool
- Yes
- Parking Features
- Attached, Garage
- Garage Spaces
- 2
- View
- Intercoastal
Mortgage Calculator
Listing courtesy of Brown Harris Stevens of PB. Contact:
Selling Office: Premier Estate Properties, Inc.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Liza Pulitzer | Email: ldpulitzer@gmail.com