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$29,750,000 Just Listed
Property 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.
Full Property Details
Full Property Details for 748 Island Dr
General
- Price: $29,750,000
- Taxes: $136,494 (2024)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: R11103870
- Updated: 3/31/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: None
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Main Floor Baths: 5
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 5
Additional Information
- Pool: Yes
- Private Pool: Yes
- Equipment: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage
Location
- County: Palm Beach
- Subdivision: EVERGLADES ISLAND 2
- Driving Directions: Take S County south from Worth Ave, make a right onto Island Road, then left after crossing the bridge on to Island Drive. House is on your left at end of the island.
- Direction Faces: West
Community
- Community Name: 5003
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Utilities
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Structure Type: House
- Construction: Block
- Roof: Other
- Stories/Levels: 1
- Building Size: 5033
- Square Feet: 4,153
- Living Area: 4,153 Sq. Ft.
- Year Built: 1952
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.48
- Lot Dimensions: 100.0 ft x 210.0 ft
- Lot Features: 1/4 to 1/2 Acre Lot
- Zoning: R-B(ci
Water Features
- Water Front: Yes
- Water Front Desc.: Intracoastal Access
- Water Front View: Intracoastal Access
Financial Considerations
- Tax Amount: $136,494
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: PL NO 2 EVERGLADES ISLAND LT 88
- Property ID: 50434327020000880
Listed by Sotheby's Intl. Realty, Inc.
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Schools
Schools serving 748 Island Dr
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palm Beach Public School 239 Cocoanut Row, Palm Beach, FL 33480 | K-5 | 1.1 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 1.4 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 2.9 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 748 Island Dr
Date
Details
Price
Change
Source
3/31/2026
Listed
$29,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 748 Island Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$140,477
3%
$9,477,364
3%
2024
$136,494
2%
$9,210,266
3%
2023
$133,767
-1%
$8,942,006
3%
2022
$135,216
-2%
$8,681,559
3%
2021
$137,931
—
$8,428,698
1%
2021
$137,931
—
$8,312,325
2%
2019
$138,183
1%
$8,124,095
-1%
2018
$136,287
7%
$8,242,826
10%
2017
$126,790
-3%
$7,493,144
—
2016
$131,035
5%
$7,500,652
10%
2015
$124,586
1%
$6,840,696
5%
2014
$123,022
13%
$6,545,933
10%
2013
$109,301
—
$5,950,848
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 748 Island Dr
748 Island Drive, Palm Beach, FL 33480 (MLS# R11103870) is a Single Family property with 5 bedrooms and 5 full bathrooms. 748 Island Drive is currently listed for $29,750,000 and was received on March 31, 2026. Want to learn more about 748 Island Drive? Do you have questions about finding other Single Family real estate for sale in Palm Beach? You can browse all Palm Beach real estate or contact a Coldwell Banker agent to request more information.
