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$11,800,000
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Property Description
This totally renovated Bermuda-inspired estate combines architectural refinement, modern amenities, and the serenity of a prime Intracoastal location. Every detail has been thoughtfully designed for comfort, privacy, and effortless waterfront living-making this a truly exceptional Gulf Stream residence. Totally renovated since 2016, this exquisite Bermuda-style home offers 150 feet of direct Intracoastal frontage in the highly sought-after town of Gulf Stream. Tucked away on a quiet cul-de-sac, the property sits across from a private bay, creating a tranquil coastal retreat that perfectly blends privacy, elegance, and the beauty of waterfront living. 566 Palm Way, Gulf Stream, Florida: Established as an exclusive winter resort in the 1920's, Gulf Stream is a hidden gem in the heart of South Florida's fabled Gold Coast. This quiet oceanfront hamlet, prized for exceptional quality of life and historic charm, is served by a winding stretch of Ocean Boulevard, canopied with Australian pines, that has been designated a Historic Scenic Highway. PROPERTY: On a cul-de-sac across the street from a private bay on a beautifully landscaped parcel, an old-brick driveway circles around a verdant oasis to the entry and two-bay garage creating a gracious first impression. In the turf-carpeted hedged backyard, the loggia, with a cypress-wood ceiling, flows out to the salt/chlorination heated pool and spa. Ideal for watersport enthusiasts, this residence fronts 150± feet directly on the Intracoastal with a 110± -foot composite dock. RESIDENCE: Capturing the ease and elegance of a refined lifestyle, this 5,454± total square foot, four-and-a-half-bath Bermuda-style residence, renovated since 2016, abounds with stunning features throughout. Within the sunlit interiors of its well-proportioned rooms, the clean neutral color palette is complemented by handsome hardwood flooring, while volume ceilings with cove lighting augment a sense of spaciousness. Banks of French doors from every major room create a seamless flow between inside and out, offering breathtaking views of the Intracoastal Waterway. Inviting gracious entertaining, the formal living room is anchored by the gas fireplace with a carved stone mantel, which can also be enjoyed from the adjoining dining room. Offering endless potential for family living and more informal gatherings are the open-concept family room, kitchen and breakfast area. A detail in the family room is a built-in bar with a refrigerator. Designed for culinary creation and connection, the gourmet kitchen, with two islands, is finished with high-end appliances, custom cabinetry and quartzite tops and backslashes. A perfect retreat for creative work or peaceful privacy, a handsome paneled library features built-in bookcases and offers views of the front gardens. The primary suite serves as a tranquil sanctuary, with French doors that open to the private water-view pergola. The suite comprises two custom-fitted walk-in closets and a spa-like bathroom, with dual custom wood vanities topped by marble, a glass-enclosed shower with seating, a separate soaking tub and two toilet rooms. Set aside in the opposite wing, a guest bedroom suite also opens to the pool area, while off the foyer, two additional guest bedroom suites offer views of the front gardens. Completing the layout are a half-bath, mud room and laundry room. Amenities include a full house generator, propane gas with 1,000-gallon tank and two air-conditioning systems only two years old. With its private Gulf Stream setting, masterful design and remarkable Intracoastal views, this estate is a place where dreams take root. Breakfast area chandelier excluded from sale. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements DISCLAIMER: Information published or otherwise provided by the listing com
Full Property Details
Full Property Details for 566 Palm Way
General
- Sold For: $11,800,000
- Taxes: $53,839 (2024)
- Status: Closed
- Type: Single Family
- Source: Regional
- MLS ID: R11130920
- Added to Site: 236 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Kitchen Island, Main Level Primary, Storage, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
- Fireplace: Yes
- Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Marble, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Main Floor Baths: 5
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Inside, Laundry Tub
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, In Ground, Salt Water
- Spa: Yes
- Spa Description: Heated, In Ground
- Security/Safety: Security System
Exterior
- Exterior Features: Outdoor Living Area
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 2.1
- Parking Features: Attached, Garage, Garage Door Opener
Location
- County: Palm Beach
- Subdivision: POLO COVE
- Driving Directions: A1A north of George Bush Blvd. West on Golfview, North on Polo, West on Palm Way
- Direction Faces: East
Community
- Community Name: 4130
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Ranch
- Construction: Block
- Roof: Concrete, Tile
- Windows: Storm Window(s)
- Doors: French Doors
- Stories/Levels: 1
- Building Size: 5454
- Square Feet: 4,456
- Living Area: 4,456 Sq. Ft.
- Year Built: 1998
- Property Condition: Resale
Lot Features
- Property View: Intercoastal
- Lot Size (Acres): 0.41
- Lot Dimensions: 150.0 ft x 120.0 ft
- Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
- Zoning: RS-C(c
Water Features
- Water Front: Yes
- Water Front Desc.: Intracoastal Access
- Water Front View: Intracoastal Access
Financial Considerations
- Tax Amount: $53,839
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PLAT OF POLO COVE N 50 FT OF LT 21 & LT 22
- Property ID: 20434603020000212
Listed by Premier Estate Properties, Inc
Sold by Douglas Elliman
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Schools
Schools serving 566 Palm Way
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Plumosa School Of The Arts 2501 Seacrest Boulevard, Delray Beach, FL 33444 | K-8 | 0.8 mi |
Carver Middle School, Delray Beach, FL 101 Barwick Road, Delray Beach, FL 33445 | 6-8 | 4.1 mi |
Atlantic High School, Delray Beach, FL 2455 West Atlantic Avenue, Delray Beach, FL 33445 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 566 Palm Way
Date
Details
Price
Change
Source
5/01/2026
Sold
$11,800,000
-12.56%
MLS
10/09/2025
Listed
$13,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
566 Palm Way, Gulf Stream, FL 33483 (MLS# R11130920) is a Single Family property that was sold at $11,800,000 on May 01, 2026. Want to learn more about 566 Palm Way? Do you have questions about finding other Single Family real estate for sale in Gulf Stream? You can browse all Gulf Stream real estate or contact a Coldwell Banker agent to request more information.

