Bought with Premier Estate Properties, Inc
$25,400,000
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550 Island DR Palm Beach, FL 33480
6 Beds
5.1 Baths
4,890 SqFt
Key Details
Sold Price $25,400,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,890 sqft
Price per Sqft $5,194
Subdivision Everglades Island 3
MLS Listing ID RX-11034636
Bedrooms 6
Full Baths 5
Half Baths 1
Year Built 1955
Annual Tax Amount $118,456
Tax Year 2023
Lot Size 0.550 Acres
Property Sub-Type Single Family Detached
Property Description
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 ''alfresco'' dining. The house was taken down to the studs in 2016 and SEE MORE:
Location
State FL
County Palm Beach
Area 5003
Zoning R-B(ci
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Flooring Wood Floor
Exterior
Exterior Feature Cabana, Covered Patio, Green House
Parking Features Garage - Attached
Garage Spaces 2.0
Pool Heated
Utilities Available Electric
Amenities Available None
Waterfront Description Intracoastal
View Intracoastal
Roof Type Other
Exposure East
Building
Lot Description 1/2 to < 1 Acre
Story 1.00
Foundation CBS
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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