Modern Living Group
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$29,750,000ACTIVE

748 Island Drive, Palm Beach, FL 33480

5beds5baths4,153sq ft$7,163/ sq ft
THE RESIDENCE

About this home

Only property available on Everglade Island. 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.

THE DETAILS

Property details

List Price$29,750,000
Price / Sq Ft$7163
Bedrooms5
Bathrooms5
Inside Sq Ft4,153
Lot Size0.48 acres
Year Built1952
PoolYes
Garage2
ConstructionBlock
FlooringOther
Days on Market83
Property TypeSingleFamilyResidence
MLS #R11103870
StatusActive
Original List Price$32,000,000
Total Sq Ft5,033
Show all details (8 more)
PetsAllowed (restrictions)
Stories1
WaterfrontYes
Waterfront FeaturesIntracoastalAccess
Direction FacesWest
Annual Taxes (2024)$136,494
CityPalm Beach
Zip Code33480
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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BeachesMLSListing courtesy of Sotheby's Intl. Realty, Inc. · john.cregan@sothebys.realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.