584 Island Dr Palm Beach, FL 33480
6
Beds
7.5
Baths
7,852
Sq Ft
0.39
Acres
Highlights
- 100 Feet of Waterfront
- Intracoastal View
- Heated Pool
- Palm Beach Public School Rated A-
- New Construction
- Deck
About This Home
As of July 2024Welcome to 584 Island Drive, the premier newly built home available on Everglades Island in Palm Beach. Just completed this March 2024 with design done locally by Dailey Janssen Architects, this freshly minted luxury residence offers the only brand new construction now available for sale on Everglades Island. In addition to 7,852 square feet of total living space, 6 bedrooms, 7.5 bathrooms, an elevator, 100 feet of direct water frontage, and a 2 car garage, the home features breathtaking views of the water set amidst the rare backdrop of the prestigious Everglades Club Golf Course - creating a special perspective facing East as seen from the four terraces off the upstairs bedrooms, the two large outdoor covered loggias downstairs, and the pool and spa.
Last Agent to Sell the Property
Premier Estate Properties, Inc License #3430177 Listed on: 01/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $256,887
Year Built
- Built in 2024 | New Construction
Lot Details
- 0.39 Acre Lot
- 100 Feet of Waterfront
- Property fronts an intracoastal waterway
- Property is zoned R-B
Parking
- 2 Car Attached Garage
- Driveway
Interior Spaces
- 7,852 Sq Ft Home
- 2-Story Property
- Fireplace
- Family Room
- Formal Dining Room
- Den
- Intracoastal Views
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Security Gate
- Impact Glass
Outdoor Features
- Heated Pool
- Balcony
- Deck
- Open Patio
Utilities
- Central Heating and Cooling System
Community Details
- Everglades Island 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434327030000460
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2024
Closed on
Jul 9, 2024
Sold by
Shamrock Island Llc
Bought by
584 Revocable Trust and Krasker
Seller's Agent
Margit Brandt
Premier Estate Properties, Inc
Buyer's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
List Price
$39,999,000
Sold Price
$31,000,000
Premium/Discount to List
-$8,999,000
-22.5%
Views
138
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$365,364
Avg. Annual Appreciation
0.95%
Purchase Details
Closed on
Aug 3, 2021
Sold by
584 Island Llc
Bought by
Shamrock Island Llc
Purchase Details
Closed on
Apr 1, 2021
Sold by
Pollack Edward and Pollack Deborah
Bought by
584 Island Llc
Purchase Details
Closed on
Sep 29, 1997
Sold by
Co-Tr Dwight A Morris and Co-Tr Robert A Morris
Bought by
Pollack Edward and Pollack Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
7.56%
Mortgage Type
New Conventional
Similar Homes in Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $28,870,000 | None Listed On Document | |
| Warranty Deed | $28,870,000 | None Listed On Document | |
| Warranty Deed | $17,750,000 | Trident Title | |
| Warranty Deed | $13,900,000 | Attorney | |
| Deed | $100 | -- | |
| Deed | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $973,000 | New Conventional | |
| Previous Owner | $900,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,260,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2024 07/09/24 | Sold | $31,000,000 | -10.1% | $3,948 / Sq Ft |
| 06/06/2024 06/06/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | Price Changed | $34,500,000 | -13.7% | $4,394 / Sq Ft |
| 01/18/2024 01/18/24 | For Sale | $39,999,000 | -- | $5,094 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $274,878 | $18,264,512 | -- | -- |
| 2023 | $256,887 | $16,604,102 | $17,779,132 | $4,518 |
| 2022 | $234,571 | $15,094,638 | $0 | $0 |
| 2021 | $39,607 | $2,408,704 | $0 | $0 |
| 2020 | $39,806 | $2,375,448 | $0 | $0 |
| 2019 | $39,727 | $2,322,041 | $0 | $0 |
| 2018 | $37,705 | $2,278,745 | $0 | $0 |
| 2017 | $37,769 | $2,231,876 | $0 | $0 |
| 2016 | $38,199 | $2,185,971 | $0 | $0 |
| 2015 | $39,472 | $2,170,776 | $0 | $0 |
| 2014 | $39,642 | $2,153,548 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2024
Margit Brandt
Premier Estate Properties, Inc
(561) 659-6400
51 Total Sales
-
C
Buyer's Agent in 2024
Crista Ryan
Tina Fanjul Associates, Inc.
(561) 313-1327
47 Total Sales
Map
Source: BeachesMLS
MLS Number: R10951311
APN: 50-43-43-27-03-000-0460
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