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.

Key Features

  • Built in 1952
  • 0.48 acre lot
  • Private pool
  • Waterfront

Property Details

1 story
5 full
2-car garage
1952

Amenities

PoolWaterfront
Listing Description

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.

Monthly Cost Estimate

$159,109/mo

20% down · 6.5% · 30 years

Principal$21,516
Interest$128,917
Insurance$8,677

Estimates only. Actual payments may vary.

Location

748 Island Drive

Palm Beach, FL 33480

EVERGLADES ISLAND 2

Property Details

Construction

CBS

Pool Features

Pool

Parking

Garage - AttachedGarage

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 $159,109 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952, 0.48 acre lot, Private pool, Waterfront.

This property is listed by John F Cregan.

JC

John F Cregan

License 3439962

Agent at Palm Beach Brokerage

Listed by Palm Beach Brokerage · Broker phone: (561) 659-3555 · View on Broker Site · Broker website

MLS# R11103870· Source: BeachesMLS· 487 days on PropertySimple

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

748 Island Drive, Palm Beach, FL 33480

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