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748 Island Drive, Palm Beach, FL, 33480 | $29.8M | DockOnly

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+19

748 Island Drive

Palm Beach, FL, 33480

Active

$29,750,000

748 Island Drive

Palm Beach, FL, 33480

Active

$29,750,000

5

Bedrooms

5

Bathrooms

4,153 sqft

Living Area

1952

Year Built

Mortgage Calculator

Estimate your monthly payment for this waterfront property

Loan Term

Down Payment

20%

$5,950,000 down

Interest Rate

%

Principal & Interest$154,366/mo

Property Tax (est. ~1.2%, varies by county)$29,750/mo

Home Insurance (est.)$250/mo

Total Monthly Payment$184,366

Loan Amount: $23,800,000Rate: 6.75%

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Estimated payments only. Actual rates and terms may vary.

Comparable Sales

$29,750,000Tour the dockSchedule a Showing

343

Days on Market

Dock & Water AccessMLS

Intracoastal Front📝 deep water

AI Aerial Imagery Detection

Seawall DetectedDeep Water Indicators

Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

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.

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Location

Palm Beach, FL, 33480

No price history available for this property.

Listing courtesy of Sotheby's Intl. Realty, Inc.

Last updated: 6/10/2026

© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE

BFE: 8ft

Special Flood Hazard Area

View FEMA Flood Map →

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