When was property at 500 Island Drive built and last sold?

The property at 500 Island Drive was built in 1955 and last sold on Sep 15, 2016 for $8,100,000.

How much is this home worth?

The estimated value of the home located at 500 Island Drive is $0.

What are some comparable homes to 500 Island Drive?

There are currently no comparable homes to 500 Island Drive.

Palm Beach

33480

Everglades Island

500 Island Drive

$8,100,000

● House - Off Market

500 Island Drive

Palm Beach, FL 33480

5 Beds

6 Baths, 2 Half Baths

6,526 Ft²

$18,562,203

RealtyHop Estimate

68.82%

Since Oct 1, 2016

National-US

Primary Model

About This Property

British Colonial 5 bedroom, 6.2 bathroom home on 100x200 lot on Palm Beach's exclusive Everglades Island. Stunning panoramic Intracoastal views to the east and west. Features include 12 ft. ceilings in downstairs living areas, library, and large downstairs bedroom suite. An elevator opens to a spectacular master suite with incredible water views, 10' ceilings, fireplace and dual bathrooms. The property includes a full house generator.

Unit Size

6,526 Ft²

Days on Market

316 days

Land Size

Price per sqft

$1,685

Property Type

House

Property Taxes

$4,500

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (Beaches MLS #R10181787)

Price History

Date / Event	Date	Event
Sep 16, 2016	Sold	Premium
Sold
Nov 1, 2015	Listed by Compass Florida LLC	$10,995,000
Listed by Compass Florida LLC

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 2000
Building Count: 1
Bedroom Count: 5
Bathroom Count: 7
Full Bathrooms: 6
Partial Bathrooms: 7
Building Condition: 6
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 20
Roof Shape Type: 9
Roof Cover Type: 4
Floor Count: 200
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 672
Parking Space Count: 2
Patio Type: 55
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 18,147

Lot Size Depth Feet: 10
Lot Size Frontage Feet: 1,170
Total Building Area: 7,228
Gross Building Area: 7,228
Building Area: 6,526
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 6,526
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: EVERGLADES ISLAND PL NO 3
Land Acres: 0000000417
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: EVERGLADES ISLAND PL NO 3 LTS 27 & 27-A

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003514

Zoning

Zoning: AR-B

Geography

Assessors Map Reference: 163

Parcel: 50-43-43-27-03-000-0270
Lot: 27
Meridian: SEC 27 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.699
Longitude: -80.0436

Address

Full Address: 500 Island Dr

Address - House Number: 500
Address - Street Name: Island
Address - Suffix Type: Dr
State: FL
City Name: Palm Beach
Carrier Code: C010
4-Digit Zip Code: 4747
Zip Code: 33480

Valuation

Tax

Total Area: 6,631

Tax Year: 2022
Tax Amount: $12,372,477
Tax Rate Code Area: 50417

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium
Second Open Lien Mortgage Lender:

Premium
Second Open Lien Mortgage Recording Date:

Premium
Second Open Lien Mortgage Loan Amount:

Premium
Second Open Lien Mortgage Term:

Premium
Second Open Lien Mortgage Position:

Premium
Second Open Lien Mortgage Loan Type:

Premium
Second Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $16,883,732

Market Land Value: $15,112,380
Market Improvement Value: $1,771,352

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $8,012,374

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Sep 15, 2016

Current Sale Recording Date: Sep 16, 2016
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20160333589

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Everglades Island

Stats & Trends

Median Asking:

$37,975,000

Sale Price/ft²

$7,225

Above Asking

0.00%

Average Days on Market

108

Average Home Size

5281 ft²

Average Home Age

22.5 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 184 Sunset Avenue, Palm Beach, FL, 33480

$5,950 /mo

1 Bed
1 Bath
600 ft²

184 Sunset Avenue #303, Palm Beach, FL, 33480 Listing by Nicholas Sliva

Unit for rent at 724 Park Place, West Palm Beach, FL, 33401

$8,250 /mo

4 Beds
3 Baths
3,258 ft²

724 Park Place, West Palm Beach, FL, 33401 Listing by Marisa L DiLenge

Unit for rent at 410 Evernia Street, West Palm Beach, FL, 33401

$7,500 /mo

3 Beds
2 Baths
1,575 ft²

410 Evernia Street #807, West Palm Beach, FL, 33401 Listing by Hillary Masters

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Thor Marshall Brown
Compass Florida LLC
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10181787

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

500 Island Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Everglades Island

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions