$29,750,000
↓ Reduced 7%748 Island Drive, Palm Beach FL 33480
Palm Beach, FL, 33480
- Year Built
- 1952
- Lot Size
- 0.48 acres
- Garage
- 2 spaces
- Property Type
- Single Family Residence
- Annual Taxes
- $136,494/yr
- MLS #
- R11103870
Market Position
Using 199 of 262 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $29,750,000 · area median: $2,090,000
- Days on market
- 392 · area median: 75
Priced below 0% of 199 comparable listings · area median: $586/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 29, 2026 · Newest source update: Jul 29, 2026
Listing courtesy of Sotheby's Intl. Realty, Inc. · 561-659-3555
Listed by John F Cregan
Last updated: Jul 28, 2026
Overview
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.
Features
Interior
Flooring
Heating
Cooling
Parking
Waterfront
View
est.$161,807/mo
Est. payment based on a $29,750,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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