488 Island Drive, Palm Beach, FL 33480 (MLS# R3348275)

488 Island Drive, Palm Beach, FL 33480

$8,365,728
Property Type: Land & Docks Lot Size (sq. ft.): 27,007 Status: Closed
Current Price: $8,365,728 List Date: 2/16/2013 Last Modified: 1/11/2026

Overview

Description

North East pointe lot at the top of Everglades Island with dramatic water views, town sky line and Worth Avenue.

Listing Details MLS# R3348275

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
Yes
Lot Size Acres
0.62
Lot Size Square Feet
27007.2
Lot Size Dimensions
+/- 27,090 sqft
Lot Depth
148
Waterfront YN
Yes
Lot Frontage
130
Direction Faces
South
LP/Assessed Value
2.44
LP/SqFt
369.35

Property Features

Current Use: Single Family Development Status: Recorded Plat Documents Available: Aerial Location of Property: Subdivision Possible Use: Single Family Trees: None Utilities: Water Available Vegetation: Grassed Listing Terms: Cash; Conventional Lot Features: Cleared Road Frontage Type: Private Road; Public Road Water Source: Public Showing Requirements: Call Listing Office Contingencies: None Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2013-02-16
Original List Price
10900000
LP/Acre
16088709.68
LP/Frontage
76730.77

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
488
Street Name
Island
Street Suffix
Drive
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
Everglades Island 03
Area
5003
Geographic Area
PB30
Parcel Number
50434327030000251
Zoning
Rb
Directions
Located at the tip of Everglades Island

Financial Information

Tax Year
2011
Tax Annual Amount
76614
Tax Assessed/SOH Value
4082400
Tax Legal Description
Everglades Island 03 Lot:25 Blk:

Status Change Information

Major Change Timestamp
2015-03-24T12:42:23Z
Major Change Type
Status Change
Price Change Timestamp
2014-02-10T15:19:35Z
Status Change Date
2015-03-24
Under Contract Date
2015-01-30
Close Date
2015-03-23
Close Price
8365728
Buyer Financing
Conventional
SP/Acre
13493109.68

More Information

Short Sale Details

Short Sale Addendum
No

Price Calculations

Original List Price To Close Price
1.3

Originating Details

Originating System Key
20130322005105672036000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Documents Available

Aerial
Yes

Current Use

Single Family
Yes

Development Status

Recorded Plat
Yes

Location of Property

Subdivision
Yes

Possible Use

Single Family
Yes

Trees

None
Yes

Utilities

Water Available
Yes

Vegetation

Grassed
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes

Road Frontage Type

Private Road
Yes
Public Road
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Office
Yes

Contingencies

None
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Listing Office: Christian Angle Real Estate
IDX
Last Updated: January - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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