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About This Home
This 5-bedroom, 5-bathroom single family at 748 Island Drive in Palm Beach, FL is listed for $29,750,000 ($7,163 per sqft). Built in 1952, the home offers 4,153 sqft of living space on a 0.48 acres lot.
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.
Key Features
- Built in 1952
- 0.48 acre lot
- Private pool
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$159,109/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
748 Island Drive
Palm Beach, FL 33480
EVERGLADES ISLAND 2
Property Details
Construction
Parking
Questions & Answers
This 5-bedroom, 5-bathroom single family at 748 Island Drive is listed at $29,750,000 ($7,163/sqft). The estimated monthly payment is $128,917 based on 20% down at 6.5% interest.
Key features include: Built in 1952, 0.48 acre lot, Private pool, Waterfront.
This property is listed by John F Cregan and can be reached at 8476517210 or john.cregan@sothebys.realty.




