by Global Lifestyle Properties

See Home Value
$12,500,000
● House - Off Market

560 Island Drive

Palm Beach, FL 33480
bedrooms
6 Beds
bathrooms
8 Baths, 1 Half Bath
square feet
6,314 Ft²
$20,505,784
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Enjoy the privacy of Everglades Island in this extraordinary 6 bedroom, 8-1/2 bath property with classic elegance and quality craftsmanship. This spacious floor plan with high ceilings, Tischler impact glass French doors, custom fireplace, and beautiful detailed ceilings make this property unique. The peaceful, lushly landscaped backyard overlooks the lake and the golf course making this the perfect setting for relaxing with family or entertaining friends! The large designer kitchen exudes quality with its Viking stainless steel stove, SubZero refrigerator/freezer, beautiful cabinetry and granite center island. Just off the kitchen, is a cozy breakfast area with built in seating for comfort and relaxation while enjoying your morning coffee. A generous sized family room is perfect for watching football and enjoying a casual evening with friends.

As you enter the master suite, you are lulled by the breathtaking views from the upstairs patio. The two master baths and spacious closets, as well as a comfortable seating area make this suite a place to relax and forget it all.

Exclusive to Everglade Island, residents enjoy the added benefit of private night time roaming security.
Unit Size
6,314 Ft²
Days on Market
79 days
Land Size
0.35 acres
Price per sqft
$2,201
Property Type
House
Property Taxes
$7,298
HOA Dues
-
Year Built
1997

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Last updated: 4 months ago (Beaches MLS #R10508559)

Price History

Date / Event Date Event Price
May 20, 2019 Sold
Sold
Feb 27, 2019 Listed by William Raveis Real Estate $13,900,000
Listed by William Raveis Real Estate
May 29, 1998 Sold
Sold

Property Highlights

Garage
Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • 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: 532
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,464
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 8,149
  • Gross Building Area: 8,149
  • Building Area: 6,314
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 6,314
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EVERGLADES ISLAND PL 3
  • Land Acres: 0000000355
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: EVERGLADES ISLAND PL 3 LT 40

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003514

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: 163
  • Parcel: 50-43-43-27-03-000-0400
  • Lot: 40
  • Meridian: SEC 27 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.6968
  • Longitude: -80.0433

    Address

  • Full Address: 560 Island Dr
  • Address - House Number: 560
  • 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: 6,504
  • Tax Year: 2022
  • Tax Amount: $38,354,382
  • Tax Rate Code Area: 50417

    Market Valuation

  • Market Total Value: $24,736,410
  • Market Land Value: $14,566,680
  • Market Improvement Value: $10,169,730

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,736,410

    Sales

  • Current Sale Contract Date: May 16, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190181783
  • Previous Sale Recording Date: May 29, 1998
  • Previous Sale Amount: $3,267,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Everglades Island


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Frequently Asked Questions

When was property at 560 Island Drive built and last sold?
The property at 560 Island Drive was built in 1997 and last sold on May 16, 2019 for $12,500,000.
How much is this home worth?
The estimated value of the home located at 560 Island Drive is $13,936,018.
What are some comparable homes to 560 Island Drive?
There are currently no comparable homes to 560 Island Drive.