$33,000,000
SOLD JUN 12, 2025

690 Island Dr Palm Beach, FL 33480

0.84 Acre
$39,285,714 Price per Acre
36,590 Sq Ft Lot

Recently Sold

$5,240 Per Sq Ft

17% Below List Price

232 Days on Market

Highlights

  • Dock has access to electricity
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway

About This Lot

As of June 2025

A remarkable and rare opportunity! This beautiful lakefront estate is nestled on an exceptional, oversized, east-facing lot on the coveted Everglades Island. Originally designed by renowned society architect Marion Sims Wyeth, the home features 7 bedrooms, 6 bathrooms, and 1 powder room, spectacular wide water views from nearly all main rooms, and boasts 175 +/- feet of direct Intracoastal frontage. Fantastic outdoor living spaces surrounded by meticulously maintained grounds and lush gardens filled with mature landscaping. Additional features include large swimming pool, spa, and boat dock with lift. Fantastic opportunity to move in, renovate, or build your own waterfront dream home!

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 09/19/2024

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 09/19/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $477,915

Lot Details

  • 0.84 Acre Lot
  • Property fronts an intracoastal waterway
  • Property is zoned R-B - Low Density Residential

Additional Features

  • Water Views
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 50434327020000781

Community Details

Overview

  • Everglades Island Subdivision

Recreation

  • Dock has access to electricity
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$477,915

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.84
  • Subdivision Name: Everglades Island
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Taxes2: 477915.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Waterfront: Yes
  • General Property Description:Lot Dim (1): 175
  • General Property Description:Lot SqFt: 36590
  • Dock:Electric at Dock: Yes
  • Dock:Wood: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Land Improvements:Electric at Site: Yes
  • Street Type:Paved: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Land Improvements:Sewer Available: Yes
  • Miscellaneous:Waterview: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes

Utilities

  • Utilities: Electric at Site, Sewer Available
  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 36590.0
  • Parcel #: 50434327020000781
  • Zoning: R-B - Low Density Residential

Tax Info

  • Tax Annual Amount: 477915.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2005
Sold by
Barrett Diana and Estate Of Gioconda King
Bought by
Barrett Diana
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $6,100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Sold $33,000,000 -8.1% $5,240 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $35,900,000 -10.0% $5,700 / Sq Ft
09/19/2024 09/19/24 For Sale $39,900,000 -- $6,335 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $388,333 $32,125,633 -- --
2023 $167,336 $11,173,104 $0 $0
2022 $169,240 $10,847,674 $0 $0
2021 $172,718 $10,531,722 $0 $0
2020 $173,402 $10,386,314 $0 $0
2019 $173,096 $10,152,800 $0 $0
2018 $164,332 $9,963,494 $0 $0
2017 $162,474 $9,631,981 $0 $0
2016 $81,459 $9,433,870 $0 $0
2015 $169,904 $9,368,292 $0 $0
2014 $170,682 $9,293,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1336

APN: 50-43-43-27-02-000-0781