CONTACT
FAVORITE
SHARE
CLAIM

550 Island Drive Palm Beach FL 33480 Sold 01/08/2025

Sold for $25,400,000
USD CAD EUR GBP BTC
~SOLD~
550 Island Drive, Palm Beach, FL 33480 Sold 01/08/25 550 Island Drive, Palm Beach, FL 33480 Sold 01/08/25 550 Island Drive, Palm Beach, FL 33480 Sold 01/08/25 550 Island Drive, Palm Beach, FL 33480 Sold 01/08/25

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Request Info, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

Overview of 550 Island Drive, Palm Beach, Fl 33480

6 Bedrooms
5/1 Bathrooms
2 Car Garage
6,207 Square Feet
4,890SF Living Area
Pool:
Yes
Ocean Access
Year Built 1955

Don't miss this home for sale in Everglades Island! 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.

This luxury single family home was built in 1955 and features 6 bedrooms, and 5 full bathrooms plus 1 half bath. This home for sale is 6,207 square feet, with 4,890 sq ft being air conditioned living space. The home has a 2 car garage and has a private swimming pool.

Please contact your ZFC agent for more information about MLS# RX-11034636 or any other homes for sale in Palm Beach or elsewhere in the Palm Beach County area.

Features & Amenities

Appliances

Dryer, Dishwasher, Free Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator

Cooling

Central Air

Heating

Central

Flooring

Wood

Parking

Attached, Garage

Lot Dimensions

150.0 ft x 159.0 ft

Lot Size

23958

View

Intercoastal view

Construction Materials

Block

Security Features

Security System Owned

Interior Features

None

Furnished

Unfurnished

Exterior Features

Outdoor Living Area

Property Condition

Resale

Patio And Porch Features

Covered, Patio

Pool Features

Heated

Roof

Other

Window Features

Storm Windows

Waterfront Features

Intracoastal Access

Number Of Stories

1

Zoning

R-B(ci

Year Built

1955

Pets Allowed

Yes

Annual Real Estate Taxes

$118,456 (2023)

Legal Description

Everglades Island Pl No 3 S 50 Ft Of Lt 36 & Lt 38

Property Type

Single Family Home

Association Amenities

None

Other Structures

Cabana, Greenhouse

Direction Faces

East

MLS Number

RX-11034636

Universal Property Id

U S-12099-N-50434327030000361-R-N

Days On Market

67

Community Name

Everglades Island 3

550 Island Dr Price Calculator

Get Mortgage Quote For This Home

The payment calculator figures for 550 Island Drive, Palm Beach, Fl 33480 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2023 which are $118,456 but will likely change when this home sells. These estimations are calculated from a list price of $24,900,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.

Recent Home Sales near 550 Island Dr

Address Sale Price Bed Bth Size Location Sale Date
240 N Ocean Boulevard, Palm Beach, FL 33480 $Log in to view 6 6/2 7,630SF Proximity Park 04/14/2025
870 S Ocean Boulevard, Palm Beach, FL 33480 $Log in to view 6 7/2 7,439SF Via Vizcaya 03/24/2026
215 El Bravo Way, Palm Beach, FL 33480 $Log in to view 6 6/3 7,366SF El Bravo Park 05/09/2025
264 Dunbar Road, Palm Beach, FL 33480 $Log in to view 6 6/3 6,973SF Adams 03/13/2026
210 Wells Road, Palm Beach, FL 33480 $Log in to view 6 7/1 6,871SF Adams 02/12/2026
129 Woodbridge Road, Palm Beach, FL 33480 $Log in to view 6 8/0 6,456SF Bingham Copp Tr 04/08/2025
142 Casa Bendita, Palm Beach, FL 33480 $Log in to view 4 5/3 7,165SF Casa Bendita 12/15/2025
218 El Brillo Way, Palm Beach, FL 33480 $Log in to view 4 5/1 6,657SF El Bravo Park 10/15/2025
1221 N Lake Way, Palm Beach, FL 33480 $Log in to view 5 5/1 5,636SF Mockingbird Trail Tract 05/23/2025
175 Sunset Avenue, Palm Beach, FL 33480 $Log in to view 4 5/1 5,581SF Floral Park 10/23/2025
751 Island Drive, Palm Beach, FL 33480 $Log in to view 5 5/1 5,550SF Everglades Island 2 03/12/2026
253 Jamaica Lane, Palm Beach, FL 33480 $Log in to view 4 5/2 5,208SF Tropic Isle 01/07/2026

MLS# RX-11034636 Listing History

11/06/2024 Listed for sale by Brown Harris Stevens of PB with MLS# RX-11034636 with a list price of $24,900,000.
01/08/2025 Sold For $25,400,000 by James L. Mccann with Premier Estate Properties, Inc.

Palm Beach County Schools

Middle School

This listing of 550 Island Dr Palm Beach FL 33480 was last updated on 2026-02-14 19:09:30. Listing courtesy of Brown Harris Stevens of PB.
MLS

Map of 550 Island Dr Palm Beach FL 33480

Similar Homes For Sale

246 Emerald Lane, Palm Beach, Fl 33480, Palm Beach
Reduced
$19.95 Million
$20,900,000

MLS#B26003086

246 Emerald Ln, Palm Beach, Fl 33480
Palm Beach, FL 33480

6

7

2

5,967 SqFt

0.35 Acres

143 E Inlet Drive, Palm Beach, Fl 33480, Palm Beach
Under Contract
$32.9 Million
$36,500,000

MLS#RX-11097319

143 E Inlet Drive, Palm Beach, Fl 33480
Palm Beach, FL 33480

6

8

1

5,930 SqFt

1.24 Acres

130 Brazilian Avenue, Palm Beach, Fl 33480, Palm Beach
Reduced
$22,250,000
$22,995,000

MLS#RX-11142126

130 Brazilian Avenue, Palm Beach, Fl 33480
Palm Beach, FL 33480

6

8

2

5,793 SqFt

0.29 Acres

237 El Bravo Way, Palm Beach, Fl 33480, Palm Beach
Under Contract
$25 Million

MLS#RX-11167995

237 El Bravo Way, Palm Beach, Fl 33480
Palm Beach, FL 33480

4

6

2

7,755 SqFt

201 Banyan Road, Palm Beach, Fl 33480, Palm Beach
$24.5 Million

MLS#RX-11134438

201 Banyan Road, Palm Beach, Fl 33480
Palm Beach, FL 33480

5

7

2

7,581 SqFt

0.35 Acres

1053 N Lake Way, Palm Beach, Fl 33480, Palm Beach
$26.9 Million

MLS#RX-11158377

1053 N Lake Way, Palm Beach, Fl 33480
Palm Beach, FL 33480

5

6

2

7,033 SqFt

0.36 Acres

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Currency