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550 Island Drive
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PRICED AT ONLY: $24,900,000

Address: 550 Island Drive, Palm Beach, FL 33480

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:

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  • MLS#: RX-11034636 ( Single Family Detached )
  • Street Address: 550 Island Drive
  • Viewed: 9
  • Price: $24,900,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1955
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 6
  • Full Baths: 5
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 46

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:
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Features
Building and Construction
  • Absolute Longitude: 80.043274
  • Construction: CBS
  • Covered Spaces: 2.00
  • Exterior Features: Cabana, Covered Patio, Green House
  • Flooring: Wood Floor
  • Front Exp: East
  • Roof: Other
  • Sqft Source: Other
  • Sqft Total: 6207.00
  • Total Floorsstories: 1.00
  • Total Building Sqft: 4890.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212109142258000000
Land Information
  • Lot Description: 1/2 to < 1 Acre
  • Lot Dimensions: 150.0 ft x 159.0 ft
  • Subdivision Information: None
Garage and Parking
  • Parking: Garage - Attached
Eco-Communities
  • Private Pool: Yes
  • Storm Protection Impact Glass: Partial
  • Waterfront Details: Intracoastal
Utilities
  • Cooling: Central
  • Heating: Central
  • Pets Allowed: Yes
  • Security: Security Sys-Owned
  • Utilities: Electric
  • Window Treatments: Hurricane Windows, Impact Glass
Finance and Tax Information
  • Homeowners Assoc: None
  • Membership Fee Required: No
  • Tax Year: 2023
Other Features
  • Boat Services: Private Dock
  • Country: United States
  • Equipment Appliances Included: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range - Gas, Refrigerator
  • Furnished: Unfurnished
  • Governing Bodies: None
  • Housing For Older Persons Act: No Hopa
  • Interior Features: Fireplace(s)
  • Legal Desc: EVERGLADES ISLAND PL NO 3 S 50 FT OF LT 36 & LT 38
  • Parcel Id: 50434327030000361
  • Possession: At Closing
  • Special Assessment: No
  • View: Intracoastal
  • Zoning: R-B(ci
Nearby Subdivisions
Adams   Adams Add In   Adams Add Lt 28   Allard   Allard Sub P B   Alto Lido   Bahama   Bello Lido   Bingham Copp Tr   Boca Ratone Co Inlet Sub   Boulevard Estates   Boulevard Estates In   Cherry Lane Add   Coral Est   Dodge Estates In   Drake Park   East Shore Add In   El Bravo Park   El Dorado Park   El Encanto   Everglades Island 2   Everglades Island 3   Gregory Add & Repl Pb16p71 & P   Gregory Addition   Gregory Addn   Ibis Isle   Jamaica Lane In   Jeanette Court Add In   List Add   List Add No 1 In   Lucom Addition   Manana Ests Pl No 2   Mc Intosh Homesites P B In   Mockingbird Trail Tract   N/a   New Siears Tr   North Shore Add To P B In   Ocean Terrace   Ocean View   Orange Grove Park   Orange Grove Park In   Palm Beach Estates   Phipps Plaza   Poinciana Park   Poinciana Park 2nd Add   Poinciana Park 2nd Add In   Poinciana Park In   Primavera Estates (lake Front)   Primavera Estates (middle Sec)   Primavera Ests (ocean Sec)   Proximity Park   Rafalsky Mark   Rafalsky Mark In   Reverie   Roots   Roots Sub   Royal Park   Royal Park Add To P B In   Royal Saxon Inc   Sea Isle Est   Singer Add To P B In   Stotesbury Park Rev   Tangier Est   Via Vizcaya   Via Vizcaya Add In   Woods Landing Pl 3 In  
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