Pending

550 Island Drive

Palm Beach FL, 33480

$24,900,000


$6,005.79 per sqft

Pending

6 Beds

6 Baths

4,146 sqft

Residential

Built in 1955

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 ''al fresco'' 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.

24-1633

MLS ID

November 6, 2024

Listed

November 27, 2024

Updated

Map

550 Island Drive
Palm Beach FL, 33480

Interior Features

Bedrooms

6


Total Bathrooms

6


Interior Features

Cable, Ceiling Fan, Fireplace, Sound System


Appliances

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


Floor Description

Hardwood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central Air

Exterior/Building Features

Lot Size

0.55 Acres


Exterior Features

Patio/Lanai, Cabana, Seawall/Bulkhead, Guesthouse/Cottage


Architectual Style

Bermuda


Roof

Other

Other Property Details

Area Name

03 - South of Worth Ave to Sloans Curve


Taxes

$120,874


Tax Frequency

Annually


Garage

No


Parking

2 Car


View

No


County

Palm Beach


Pool

Yes


Pool Features

Pool, Heated - Gas


Waterfront

Yes


Zoning

RB

Listing History

Date

Event

Price

11/27/2024

Pending

Listed by LIZA PULITZER with Brown Harris Stevens of Palm Beach 5225
Listing Contact: [email protected] 

The IDX display contains information sourced from the Palm Beach Board of REALTORS® as of 11/27/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/27/2024 at 2:49 PM UTC

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