488 Island Drive, Palm Beach, FL 33480
$8,365,728
Property Type:
Land & Docks
Lot Size (sq. ft.):
27,007
Status:
Closed
Current Price:
$8,365,728
List Date:
2/16/2013
Last Modified:
1/11/2026
Description
North East pointe lot at the top of Everglades Island with dramatic water views, town sky line and Worth Avenue.
More Information MLS# R3348275
Contract Information
Comp Sale YN: No
LP/Acre: 16088709.68
LP/Frontage: 76730.77
Listing Contract Date: 2013-02-16
Status: Closed
Original List Price: 10900000
Sold Price: $8,365,728
Current Price: $8,365,728
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Country: United States
Street Number: 488
Street Name: Island
Street Suffix: Drive
State Or Province: FL
Postal Code: 33480
Subdivision Name: Everglades Island 03
Area: 5003
Parcel Number: 50434327030000251
Zoning: Rb
Directions: Located at the tip of Everglades Island
General Property Information
Number Of Lots: 1
Lot Size Dimensions: +/- 27,090 sqft
Lot Depth: 148
Lot Frontage: 130
LP/Assessed Value: 2.44
LP/SqFt: 369.35
Property Sub Type: Unimproved Land
Lot Size Acres: 0.62
Lot Size Square Feet: 27007.2
Waterfront YN: 1
Direction Faces: South
Financial Information
Tax Assessed/SOH Value: 4082400
Tax Year: 2011
Tax Annual Amount: 76614
Tax Legal Description: Everglades Island 03 Lot:25 Blk:
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
SP/Acre: 13493109.68
Major Change Timestamp: 2015-03-24T12:42:23Z
Major Change Type: Status Change
Price Change Timestamp: 2014-02-10T15:19:35Z
Status Change Date: 2015-03-24
Under Contract Date: 2015-01-30
Close Date: 2015-03-23
Close Price: 8365728
Short Sale Details
Short Sale Addendum: No
Documents Available
Aerial: 1
Current Use
Single Family: 1
Development Status
Recorded Plat: 1
Location of Property
Subdivision: 1
Possible Use
Single Family: 1
Trees
None: 1
Utilities
Water Available: 1
Vegetation
Grassed: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Road Frontage Type
Private Road: 1
Public Road: 1
Water Source
Public: 1
Showing Requirements
Call Listing Office: 1
Contingencies
None: 1
Price Calculations
Original List Price To Close Price: 1.3
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 20130322005105672036000000
Originating System ID: M00000170
Property Features
Current Use: Single Family
Development Status: Recorded Plat
Documents Available: Aerial
Location of Property: Subdivision
Possible Use: Single Family
Trees: None
Utilities: Water Available
Vegetation: Grassed
Listing Terms: Cash; Conventional
Lot Features: Cleared
Road Frontage Type: Private Road; Public Road
Water Source: Public
Showing Requirements: Call Listing Office
Contingencies: None
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office:
Christian Angle Real Estate
Last Updated: January - 11 - 2026
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