Connect

550 Island Drive, Palm Beach, FL – $24,900,000

  • 6 Beds
  • 6 Baths
  • 4,890 Sqft
  • .55 Acres
  • 6 Beds
  • 6 Baths
  • 4,890 Sqft
  • .55 Acres

550 Island Drive

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.

Essential Information

  • MLS® #RX-11034636
  • Price$24,900,000
  • Bedrooms6
  • Bathrooms6.00
  • Full Baths5
  • Half Baths1
  • Square Footage4,890
  • Acres0.55
  • Year Built1955
  • TypeResidential
  • Sub-TypeSingle Family Homes
  • StatusActive

Community Information

  • Address550 Island Drive
  • Area5003
  • SubdivisionEVERGLADES ISLAND 3
  • CityPalm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33480

Amenities

  • AmenitiesNone
  • Utilities3-Phase Electric
  • ParkingGarage - Attached
  • # of Garages2
  • ViewIntracoastal
  • Is WaterfrontYes
  • WaterfrontIntracoastal Front
  • Has PoolYes
  • PoolHeated

Interior

  • Interior FeaturesFireplace(s)
  • HeatingCentral
  • CoolingCentral
  • FireplaceYes
  • # of Stories1
  • Stories1.00

Appliances

Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range - Gas, Refrigerator

Exterior

  • Lot Description1/2 to < 1 Acre
  • RoofOther
  • ConstructionCBS

Exterior Features

Covered Patio, Cabana, Green House

Windows

Hurricane Windows, Impact Glass

Additional Information

  • Listing Courtesy ofBrown Harris Stevens of PB
  • Date ListedNovember 6th, 2024
  • ZoningR-B(ci
Please provide a valid email address.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.