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Sold for $31,000,000
  • $31,000,000

    584 Island Dr, Palm Beach, FL 33480

    6beds
    7,852sqft
    Single Family Residence, Residential
    Built in 2024
    0.39 Acres Lot
    $37,152,900 Zestimate®
    $3,948/sqft
    $179,965 Estimated rent

    Home value

    $37,152,900

    $32.32M - $43.47M

    $179,965/mo

    Zestimate® history
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    What's special

    Welcome to 584 Island Drive, the premier newly built home available on Everglades Island in Palm Beach. Just completed this March 2024 with design done locally by Dailey Janssen Architects, this freshly minted luxury residence offers the only brand new construction now available for sale on Everglades Island. In addition to 7,852 square feet of total living space, 6 bedrooms, 7.5 bathrooms, an elevator, 100 feet of direct water frontage, and a 2 car garage, the home features breathtaking views of the water set amidst the rare backdrop of the prestigious Everglades Club Golf Course - creating a special perspective facing East as seen from the four terraces off the upstairs bedrooms, the two large outdoor covered loggias downstairs, and the pool and spa. Boasting a stately West Indies styling and a Dutch-Colonial architectural inspiration, the property is all concrete construction, with gracious interior and exterior living spaces. The boat dockage and new lift provides easy access to the Intracoastal for boaters, whether you are driving your own vessel or being picked up by friends for a cruise. This is a unique, one-of-one opportunity to own an all-new estate on this coveted enclave, which is attached conveniently to Palm Beach Island by a beautiful and quaint white-railed bridge. While the residence serves as a quiet retreat and tropical oasis when preferred, it is also only steps to Worth Avenue and a few short minutes by car to the rest of Town for those looking to explore the renowned dining, shopping, and entertainment at the heart of the exclusive Palm Beach lifestyle. Offered Exclusively at $39,999,000. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Cooperating brokers are advised that in the event of a Buyer default, no financial fee will be paid to a cooperating Broker on the Deposits retained by the Seller. No financial fee will be paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2024 by the listing company. All Rights Reserved.

    Zillow last checked:

    Listing updated:

    Listed by:

    MARGIT M BRANDT 561-665-7879,

    Premier Estate Properties, Inc. - Palm Beach

    Bought with:

    CRISTA FANJUL RYAN, SL-451844

    Tina Fanjul Associates, Inc.

    Source: Palm Beach BOR,MLS#: 24-103

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Heating
    • Central, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Refrigerator, Freezer, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Oven
    Features
    • Sound System, Elevator, Pantry
    • Flooring: Tile, Hardwood
    • Doors: Impact Doors
    • Windows: Impact Glass, Impact Glass-Full, Impact Windows
    • Has fireplace: Yes
    • Fireplace features: Fireplace
    Interior area
    • Total structure area: 7,852
    • Total interior livable area: 7,852 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Patio
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Electric Heat
    • On waterfront: Yes
    • Waterfront features: Seawall, Intracoastal-Direct
    Lot
    • Size: 0.39 Acres
    • Dimensions: 165
    Details
    • Parcel number: 50434327030000460
    • Zoning: SFR

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bermuda,Colonial
    • Property subtype: Single Family Residence, Residential
    Materials
    • Concrete
    • Roof: Other
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s), Security System
    • Subdivision: Everglades Island
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $3,948/sqft
    • Tax assessed value: $25,125,389
    • Annual tax amount: $234,571
    • Date on market: 1/18/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/9/2024Sold$31,000,000-10.1%$3,948/sqft
    Source: Palm Beach BOR #24-103 Report a problem
    6/6/2024Pending sale$34,500,000$4,394/sqft
    Source: BeachesMLS #RX-10951311 Report a problem
    2/29/2024Price change$34,500,000-13.7%$4,394/sqft
    Source: Palm Beach BOR #24-103 Report a problem
    1/18/2024Listed for sale$39,999,000-8.8%$5,094/sqft
    Source: Palm Beach BOR #24-103 Report a problem
    6/7/2023Listing removed--
    Source: Palm Beach BOR #23-350 Report a problem
    2/21/2023Listed for sale$43,850,000+147%$5,585/sqft
    Source: BeachesMLS #RX-10867810 Report a problem
    8/9/2021Sold$17,750,000+27.7%$2,261/sqft
    Source: Public Record Report a problem
    4/9/2021Sold$13,900,000$1,770/sqft
    Source: Public Record Report a problem
    7/2/2020Listing removed$13,900,000$1,770/sqft
    Source: Linda R. Olsson, Inc. #RX-10585238 Report a problem
    12/13/2019Listed for sale$13,900,000+672.2%$1,770/sqft
    Source: Linda R. Olsson, Inc. #RX-10585238 Report a problem
    9/29/1997Sold$1,800,000$229/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$373,794 +36%$25,125,388 +37.6%
    2024$274,878 +7%$18,264,512 +10%
    2023$256,887 +9.5%$16,604,102 +10%
    2022$234,571 +492.2%$15,094,638 +526.7%
    2021$39,607 -0.5%$2,408,704 +1.4%
    2020$39,806 +0.6%$2,375,448 +2.3%
    2019$39,575 $2,322,041 +1.9%
    2018$39,575 +5%$2,278,745 +2.1%
    2017$37,705 -0.2%$2,231,876 +2.1%
    2016$37,769 -1.1%$2,185,971 +0.7%
    2015$38,199 -3.6%$2,170,776 +0.8%
    2014$39,642 +2.2%$2,153,548 +1.5%
    2013$38,793 +2.9%$2,121,722 +1.7%
    2012$37,703 +0.7%$2,086,256 +3%
    2011$37,453 +0.5%$2,025,491 +1.5%
    2010$37,250 +6.5%$1,995,558 +2.7%
    2009$34,978 +8%$1,943,094 +0.1%
    2008$32,399 +3.1%$1,941,153 +3%
    2007$31,427 -5.4%$1,884,615 +3.3%
    2006$33,234 $1,824,015 +3%
    2005-- $1,770,888 +3%
    2004$18,467 +17656.3%$1,719,309 +1.9%
    2003$104 -99.7%$1,687,251 +2.4%
    2002$32,769 +0.3%$1,647,706 +1.6%
    2001$32,684 +1.9%$1,621,758 +3%
    2000$32,061 +2.6%$1,574,522 +2.7%
    1999$31,248 $1,533,128
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

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    Estimated market value
    $37,152,900
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    Estimated market value
    $37,152,900