550 Island Drive, Palm Beach, FL 33480
$9,000,000
Property Type:
Residential
Bedrooms:
7
Baths:
7
Square Footage:
5,208
Lot Size (sq. ft.):
23,958
Status:
Closed
Current Price:
$9,000,000
List Date:
3/17/2014
Last Modified:
1/12/2026
Description
Quietly chic and beautifully maintained Bermuda on east side of Everglades Island, overlooking waterway and Everglades Club Golf Course. Spectacular view corridors from all principal rooms including lovely Master with balcony overlooking the waterway and golf course. Exceptional and ample outdoor living. Audubon lovers will delight in the mangrove trees bordering the golf course for the privacy they provide and the spectacular wildlife they attract. 5 BR, 5.5 baths plus office, loggia, 2 BR, 2 bath cabana, 40' pool and lush, tropical landscaping.
Supplements: Quietly chic and beautifully maintained Bermuda on east side of Everglades Island, overlooking waterway and Everglades Club Golf Course. Spectacular view corridors from all principal rooms including lovely Master Bedroom with balcony overlooking the waterway and golf course. Audubon lovers will delight in the mangrove trees bordering the golf course for the privacy they provide and the spectacular wildlife they attract. 7 BR, 7 baths including office, loggia, 2 BR, 2 BA cabana, 40' pool and lush, tropical landscaping. Exceptional and ample outdoor living.
More Information MLS# R10025139
Contract Information
Comp Sale YN: No
Listing Contract Date: 2014-03-14
Status: Closed
Original List Price: 9360000
Sold Price: $9,000,000
Current Price: $9,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Street Number: 550
Street Name: Island
Street Suffix: Drive
State Or Province: FL
Postal Code: 33480
Subdivision Name: Everglades Island 3
Area: 5003
Parcel Number: 50434327030000361
Zoning: RB
Directions: S County Road to Island Road, turn right on Island Drive.
General Property Information
Living Area Main: 4424
Lot Size Dimensions: DP 156
Lot Size Area: 23958
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Negotiable
Stories Total: 2
Stories: 2
Pool Private YN: Yes
LP/Assessed Value: 2.25
Property Sub Type: Single Family Residence
Bedrooms Total: 7
Bathrooms Total: 7
Bathrooms Full: 7
Building Area Main: 5208
Building Area Source: Public Records
Year Built: 1955
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Lot Size Acres: 0.55
Frontage Length: 150
Waterfront YN: 1
Direction Faces: West
Financial Information
Membership Fee Required YN: No
Tax Assessed/SOH Value: 4159873
Tax Annual Amount: 76442.54
Tax Year: 2013
Tax Legal Description: EVERGLADES ISLAND PL NO 3 S 50 FT OF LT 36 & LT 38
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2014-07-21T17:27:38Z
Major Change Type: Status Change
Status Change Date: 2014-07-21
Under Contract Date: 2014-05-19
Close Date: 2014-06-18
Close Price: 9000000
Amenities
None: 1
Dining Area
Dining/Living Room: 1
Entry Information
Entry Location: Entry Level Living Area Y
Fireplace Features
Decorative: 1
Flooring
Wood: 1
Guest House Features
1 Bedrooms: 1
2 Baths: 1
Patio: 1
Parking Features
Garage Door Opener: 1
On Street: 1
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Other Structures
Cabana: 1
Cottage: 1
Outbuilding: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Electric: 1
Zoned: 1
Sprinkler Description
Auto Sprinkler: 1
Water View
Intracoastal: 1
Window Features
Drapes: 1
Plantation Shutters: 1
Single Hung Metal: 1
Sliding: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Free-Standing Freezer: 1
Ice Maker: 1
Microwave: 1
Washer: 1
Construction Materials
CBS: 1
Interior Features
Built-in Features: 1
Cabana Bath: 1
Cathedral Ceiling(s): 1
Custom Mirrors: 1
Entrance Foyer: 1
Pantry: 1
Storage: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Laundry Features
In Garage: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
In Ground: 1
Roof
Concrete: 1
Tile: 1
Security Features
Security System Owned: 1
Smoke Detector(s): 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Architectural Style
Other: 1
Cooling
Central Air: 1
Electric: 1
Zoned: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Master Bedroom/Bath
Combo Tub/Shower: 1
Master Bdrm - Upstairs: 1
Pets Allowed YN
Yes: 1
Pool Size Details
Pool Size (WxL): 25x40
Restrictions
No Restrictions: 1
Storm Protection Details
Storm Shutters: 1
Tax Information
City/County: 1
Homestead Exemption: 1
Outdoor Living Spaces
Balcony: 1
Patio: 1
Balcony Details
Balcony - Covered: 1
Balcony - Open: 1
Patio Details
Patio - Covered: 1
Patio - Open: 1
Room Types
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: First
Bedroom 4: 1
Bedroom 4 Level: First
Bedroom 5: 1
Bedroom 5 Level: First
Great Room: 1
Great Room Level: First
Kitchen: 1
Kitchen Level: First
Laundry: 1
Living Room: 1
Living Room Level: First
Master Bedroom: 1
Master Bedroom Level: Second
Price Calculations
Current Price To SqFt: 2034.35
Original List Price To Close Price: 1.04
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 20140317171017069157000000
Originating System ID: M00000170
Property Features
Dining Area: Dining/Living Room
Fireplace Features: Decorative
Flooring: Wood
Guest House Features: 1 Bedrooms; 2 Baths; Patio
Parking Features: Garage Door Opener; On Street; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Washer
Architectural Style: Other
Construction Materials: CBS
Cooling: Central Air; Electric; Zoned
Heating: Central; Electric; Zoned
Interior Features: Built-in Features; Cabana Bath; Cathedral Ceiling(s); Custom Mirrors; Entrance Foyer; Pantry; Storage; Vaulted Ceiling(s); Walk-In Closet(s)
Laundry Features: In Garage
Listing Terms: Cash; Conventional
Other Structures: Cabana; Cottage; Outbuilding
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Concrete; Tile
Security Features: Security System Owned; Smoke Detector(s)
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Storm Protection Details: Storm Shutters
Tax Information: City/County; Homestead Exemption
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
Water Source: Public
Water View: Intracoastal
Waterfront Features: Intracoastal
Window Features: Drapes; Plantation Shutters; Single Hung Metal; Sliding
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Covered; Balcony - Open
Patio Details: Patio - Covered; Patio - Open
Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Great Room; Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description: 1/2 To Less Than 1 Acre Lot
Room Information
Living Room
Length: 25.00
Length: 25.00
Width: 19.00
Width: 19.00
Level: First
Kitchen
Length: 26.00
Length: 26.00
Width: 10.00
Width: 10.00
Level: First
Master Bedroom
Length: 20.00
Length: 20.00
Width: 14.00
Width: 14.00
Level: Second
Bedroom 2
Length: 16.00
Length: 16.00
Width: 14.00
Width: 14.00
Level: First
Bedroom 3
Length: 16.00
Length: 16.00
Width: 14.00
Width: 14.00
Level: First
Bedroom 4
Length: 16.00
Length: 16.00
Width: 11.00
Width: 11.00
Level: First
Bedroom 5
Length: 14.00
Length: 14.00
Width: 11.00
Width: 11.00
Level: First
Great Room
Length: 22.00
Length: 22.00
Width: 15.00
Width: 15.00
Level: First
Remarks: Dining room/loggia
Laundry
Listing Office:
Premier Estate Properties, Inc
Last Updated: January - 12 - 2026
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