ISLAND RD DEV REV

350 Island Road, Palm Beach FL 33480

8 beds · 8.5 baths · 5,744 ft²

Closed

$39,500,000

3.66%

Est. Payment $210,236/mo

MLS Sheet Video

8

Bedrooms

8.5

Bathrooms

5,744

Sq. Ft.

1955

Year Built

2

Garage

2

Stories

82

Days on Market

Description

Located on Island Road in the Estate Section of Palm Beach, this 33,301± square foot property offers 107± feet of direct Intracoastal frontage. The property is particularly unique for its rare water views to the south and Everglades Club golf course views to the north. The lot's size, frontage, and premier location present an exceptional opportunity to build a new waterfront estate in one of Palm Beach's most desirable residential areas. The property currently features a 6,729+/- total square foot Mid-Century residence. The main house includes six bedrooms, six full bathrooms, and one half bath, along with formal living and dining rooms, a kitchen with butler's pantry, and a large party room with bar and kitchenette designed for entertaining. A separate pool house includes an additional two bedrooms and two full bathrooms. The grounds have a waterfront pool, as well as a spacious yard with a pond and orchid slat house. Additional features include a two-car attached garage, carport, full house generator, and full house water filtration system.

Facts

MLS#
R11169339
Subdivision
ISLAND RD DEV REV
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1955
Lot Size
33,106 ft²
Sq. Ft.
5,744 ft²
Sq. Mt.
534 m²
Price per sq. ft.
$6,877/ft²
Price per sq. mt.
$73,970/m²
Stories
2
Garage
2 spaces
Pool
Private
Days on Market
82 days
Listed
Mar 5, 2026
Last Updated
Jun 22, 2026
Price/Lot Sq.Ft.
$1,193/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

72

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/22/2026Sold$39,500,000
4/17/2026Price change$39,500,000-3.7%
3/5/2026Listed for sale$41,000,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

350 Island Road, Palm Beach FL 33480Directions

Estimated Monthly Payment

$243,302/mo

Principal & Interest

$210,236

Property Tax

$32,917

Insurance

$150

HOA

$0

20% ($7,900,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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