About this home
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.
Listing last checked: Listing updated:
Listed by John F Cregan · Sotheby's Intl. Realty, Inc. · MLS #R11103870
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Details at a glance
Interior4 property facts
- Rooms
- 3
- Heating
- Other
- Cooling
- None
- Flooring
- Other
Building4 property facts
- Style
- Single Family Residence
- Year built
- 1952
- Garage
- 2
- Roof
- Other
Land & utilities3 property facts
- Lot size
- 0.48 acres
- Waterfront
- Y
- Zoning
- R-B(ci
Financial2 property facts
- Annual taxes
- $136,494
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $29,750,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$161,807 / monthAdjust
- Principal & interest
- $150,432
- Property tax
- $11,375
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $136,494. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 748 Island Drive
Can I request a private showing?
Request a tour of 748 Island Drive and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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