by Global Lifestyle Properties

See Home Value
$10,000,000
● House - Off Market

568 Island Drive

Palm Beach, FL 33480
bedrooms
6 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
6,698 Ft²
$15,113,376
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Rare opportunity to own a direct waterfront home on coveted Everglades Island with 100' frontage of breathtaking views over the Intracoastal and the Everglades Club golf course for a fraction of the price of its neighbors. This stately home with 6 BR/4BA, 2 car garage is perfect for a family, and/or for gracious entertaining with its spacious rooms, bright open floor plan and high ceilings.  Rooms open out to fantastic outdoor spaces - large pool, spacious dock area and lush landscaping, all perfect for a wonderful lifestyle.  Experience total tranquility on the lovely dock while watching fish jump and birds fly by. You can have it all - live in the middle of Palm Beach and still enjoy  privacy and nature.  This home is a real find and checks all the boxes - LOCATION, PRIVACY, VALUE.
Unit Size
6,698 Ft²
Days on Market
177 days
Land Size
0.36 acres
Price per sqft
$1,627
Property Type
House
Property Taxes
$4,970
HOA Dues
-
Year Built
1956

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Last updated: 10 months ago (Beaches MLS #R10589963)

Price History

Date / Event Date Event Price
Jul 10, 2020 Sold
Sold
Jan 6, 2020 Listed by Brown Harris Stevens of PB $10,900,000
Listed by Brown Harris Stevens of PB

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 20
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,490
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 7,522
  • Gross Building Area: 7,522
  • Building Area: 6,698
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 6,698
  • 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: 0000000356
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: EVERGLADES ISLAND PL NO 3 LT 42

Neighborhood

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

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: 163
  • Parcel: 50-43-43-27-03-000-0420
  • Lot: 42
  • Meridian: SEC 27 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.6965
  • Longitude: -80.0433

    Address

  • Full Address: 568 Island Dr
  • Address - House Number: 568
  • 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: 6,864
  • Tax Year: 2022
  • Tax Amount: $18,500,372
  • Tax Rate Code Area: 50417

    Market Valuation

  • Market Total Value: $15,233,640
  • Market Land Value: $14,576,400
  • Market Improvement Value: $657,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,451,005

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200242108

    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 568 Island Drive built and last sold?
The property at 568 Island Drive was built in 1956 and last sold on Jul 2, 2020 for $10,000,000.
How much is this home worth?
The estimated value of the home located at 568 Island Drive is $0.
What are some comparable homes to 568 Island Drive?
There are currently no comparable homes to 568 Island Drive.