748 Island Drive Palm Beach FL 33480 MLS #R11103870

748 Island Drive
Palm Beach, FL, 33480
$29,750,000
5 Beds
5 Baths
4,153 SqFt
0.48 Acres
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MLS #R11103870 image #0
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.
Listing Provided Courtesy of Sotheby’s Intl. Realty, Inc. at 561-659-3555

Property Details

Price:
$29,750,000
MLS #:
R11103870
Status:
Active
Beds:
5
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
EVERGLADES ISLAND 2
Neighborhood:
5003
Listed Date:
Mar 31, 2026
Finished Sq Ft:
4,153
Total Sq Ft:
5,033
Lot Size:
910,796,040 sqft / 0.48 acres (approx)
Year Built:
1952
WaterfrontPoolEverglades Island 2Pets Allowed

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Schools

Interior

Bathrooms
5 Full Bathrooms
Cooling
None
Flooring
Other
Heating
Other
Interior Features
None
Main Level Bathrooms
5
Main Level Bedrooms
5

Exterior

Construction Materials
CBS
Covered Spaces
2
Direction Faces
West
Garage Spaces
2
Parking Features
Garage
Roof
Other
Stories
1
Waterfront Features
Intracoastal

Financial

Tax Year
2024
Taxes
$136,494

Map

Community

Subdivisions in Palm Beach

Market Summary

Current real estate data for Single Family in Palm Beach as of Apr 03, 2026
143
Single Family Listed
158
Avg DOM
4,254
Avg $ / SqFt
$26,560,745
Avg List Price

Property Summary

    Located in the EVERGLADES ISLAND 2 subdivision, 748 Island Drive Palm Beach FL is a Single Family for sale in Palm Beach, FL, 33480. It is listed for $29,750,000 and features 5 beds, 5 baths, and has approximately 4,153 square feet of living space, and was originally constructed in 1952. The current price per square foot is $7,163. The average price per square foot for Single Family listings in Palm Beach is $4,254. The average listing price for Single Family in Palm Beach is $26,560,745. To schedule a showing of MLS#r11103870 at 748 Island Drive in Palm Beach, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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748 Island Drive
Palm Beach, FL