When was property at 534 Island Drive built and last sold?

The property at 534 Island Drive was built in 1961 and last sold on May 25, 2018 for $12,537,970.

How much is this home worth?

The estimated value of the home located at 534 Island Drive is $0.

What are some comparable homes to 534 Island Drive?

There are currently no comparable homes to 534 Island Drive.

Palm Beach

33480

Everglades Island

534 Island Drive

$13,027,942

● House - Off Market

534 Island Drive

Palm Beach, FL 33480

4 Beds

4 Baths, 2 Half Baths

6,874 Ft²

$27,057,809

RealtyHop Estimate

69.16%

Since Aug 1, 2016

National-US

Primary Model

About This Property

Unsurpassed elegance & beauty abound this stately Colonial home. This one of a kind completely renovated mansion is situated on 1/2 of an acre of land with over 150 feet of water frontage overlooking prestigious Everglades Golf Course. Located in the heart of Palm Beach minutes from Worth Avenue shops and world class dining.

Unit Size

6,874 Ft²

Days on Market

176 days

Land Size

Price per sqft

$2,327

Property Type

House

Property Taxes

$8,095

HOA Dues

Year Built

1961

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Beaches MLS #R10202146)

Price History

Date / Event	Date	Event
Jun 5, 2018	Sold	Premium
Sold
Oct 9, 2017	Listed by William Raveis Palm Beach LLC	$15,900,000
Listed by William Raveis Palm Beach LLC
Jul 21, 2016	Sold	Premium
Sold
Jan 25, 2016	Listed by William Raveis Palm Beach LLC	$15,995,000
Listed by William Raveis Palm Beach LLC

Property Highlights

Elevator

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1961

Effective Year Built: 2005
Building Count: 1
Bedroom Count: 5
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Building Condition: 6
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 20
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 200
Living Units: 1
Floor Cover: 7
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 616
Parking Space Count: 2
Patio Type: 55
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 23,183

Lot Size Depth Feet: 150
Lot Size Frontage Feet: 1,520
Total Building Area: 8,674
Gross Building Area: 8,674
Building Area: 6,874
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 6,874
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: 0000000532
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: EVERGLADES ISLAND PL NO 3 LT 34 & N 50.01 FT OF LT 36

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003514

Zoning

Zoning: R-B

Geography

Assessors Map Reference: 163

Parcel: 50-43-43-27-03-000-0340
Lot: 34,36
Meridian: SEC 27 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.6976
Longitude: -80.0433

Address

Full Address: 534 Island Dr

Address - House Number: 534
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: 7,128

Tax Year: 2022
Tax Amount: $20,843,584
Tax Rate Code Area: 50417

Market Valuation

Market Total Value: $24,196,711

Market Land Value: $17,600,080
Market Improvement Value: $6,596,631

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $13,479,333

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 25, 2018

Current Sale Recording Date: Jun 05, 2018
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 20180216871
Previous Sale Recording Date: Jul 21, 2016
Previous Sale Contract Date: Jul 20, 2016
Previous Sale Amount: $13,027,941
Previous Sale Document Type: 71

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

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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 250 Bradley Place, Palm Beach, FL, 33480

$8,800 /mo

1 Bed
1 Bath
871 ft²

250 Bradley Place #202, Palm Beach, FL, 33480 Listing by Maryann Chopp

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Chris Deitz
William Raveis Palm Beach LLC
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10202146

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.

534 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