690 Island Drive, Palm Beach, FL 33480

$39,200,000
Property Type: Land & Docks Lot Size (sq. ft.): 36,590 Status: Closed
Current Price: $39,200,000 List Date: 5/11/2026 Last Modified: 6/22/2026

Overview

Description

Remarkable and rare opportunity! This exceptional lakefront property is situated on an oversized, east-facing lot on the coveted Everglades Island, offering approximately 175 +/- feet of direct Intracoastal frontage, a private boat dock with lift, and spectacular wide water views. An extraordinary opportunity to build a custom waterfront dream home in one of Palm Beach's most desirable locations.

Listing Details MLS# B26026938

General Property Information

Transaction Type
Listing For Sale
Property Sub Type
Unimproved Land
Lot Size Acres
0.84
Lot Size Square Feet
36590.4
Property Description
SINGLE FAMILY RESIDENTIAL
Waterfront YN
Yes
Water Frontage Feet
175
Lot Frontage
175
Direction Faces
East
LP/SqFt
1172.44

Property Features

Current Use: Residential; Single Family Development Status: Recorded Plat Documents Available: None Environmental Audit: Unknown Possession: Close Of Escrow Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available View: Water Boat and Dock Features: Lift; Private Dock Listing Terms: Cash; Conventional Road Surface Type: Paved Tax Information: City/County Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal Showing Requirements: Appointment Only; Call Listing Agent Contingencies: None Elevation Description: 0-5 Feet Above Sea Level Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
42900000
Negotiable Seller Concessions YN
No
Listing Service
Full Service
LP/Acre
51071428.57
LP/Frontage
245142.86

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
690
Street Name
Island
Street Suffix
Drive
Municipality Type
Incorporated
Municipal Code
50
State Or Province
FL
Postal Code
33480
Postal Code +4
4745
Subdivision Name
EVERGLADES ISLAND 2
Area
5003
Geographic Area
PB30
Parcel Number
50434327020000781
Zoning
R-B (city)

Financial Information

Master Association YN
No
Membership Fee Required YN
No
Tax Year
2025
Tax Annual Amount
175692.69
Tax Legal Description
PL NO 2 EVERGLADES ISLAND S 25 FT OF LT 78~ LT 80 & N 50 FT OF LT 82

Status Change Information

Major Change Timestamp
2026-06-22T18:22:11Z
Major Change Type
Status Change
Status Change Date
2026-06-22
Under Contract Date
2026-05-20
Close Date
2026-06-22
Close Price
39200000
Buyer Financing
Cash
SP/Acre
46666666.67

More Information

Boat and Dock Information

Dock
Yes

Originating Details

Originating System Key
20260511163439856054000000
Originating System ID
M00000170
IDX
Listing Office: Christian Angle Real Estate
Last Updated: June - 22 - 2026
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