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5-Bed Single Family Residence at EVERGLADES ISLAND 2 in Palm Beach

$29,750,000

Brickellsold Estimate* (fallback: list price)$29,750,000 (list price)

Listing courtesy of Sotheby's Intl. Realty, Inc.; John F Cregan. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

5

bathrooms

5

Square Footage

4153

Type of Property

Single Family Residence, Residential

Details

Overview

Sub Type
Single Family Residence
Price Per Sqft
$7,164/sqft
Built In
1952
Taxes
$136,494/yr

Description

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.

This single family residence home located at 748 Island Drive, Palm Beach FL 33480 is currently for sale and has been available on Brickellsold for 437 days. This property is listed at $30M. It has 5 beds, 5 bathrooms, and is 4153 square feet. It was built in 1952. 748 Island Drive, Palm Beach FL 33480 is in Palm Beach county Palm Beach County.

Interior

Bedrooms
5
Bathrooms
5
Bathrooms Full
5
Features
  • Flooring: Other
  • Common walls with other units/homes:
Heating
Other
Cooling
None
Appliances
Total structure area
5,033
Total interior livable area
4,153 sqft

Property

Parking
  • Covered Spaces: 2
  • Parking Features: 2 Or More Spaces,Parking Garage
  • Garage Spaces: 2
Parcel Number
50434327020000880
Features
  • Entry location: No Interior Features
  • Exterior Features:
  • Has View: Yes
  • View Description: Intracoastal View

Construction

Property subtype
Single Family Residence, Residential
Materials
CBS Construction
Condition
  • Year Built: 1952

Community & HOA

Community
  • Security Features:
  • Subdivision: EVERGLADES ISLAND 2
HOA
  • Amenities: Private Pool
Region
Palm Beach

Financial

Price Per Sqft
$7,164/sqft
Taxes
$136,494/yr
On Market Date
6/30/2025
Listing Terms
All Cash

Metadata

Added
7/1/2025
Updated
9/11/2026
MLS#
R11103870
Days on Market
437
Listed By
Sotheby's Intl. Realty, Inc.
Originating MLS
BeachesMLS

Map

Price History

EventPriceDate
Original list price$32,000,000Jul 1, 2025
Current list price$29,750,000Mar 31, 2026

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