350 Island Road, Palm Beach, FL 33480
$39,500,000 · Closed
- 8 beds
- 9 baths
- 5,744 sq ft
- Single Family Residence
- Built 1955
- Lot 33,105.6 sq ft
- MLS# R11169339
- Island Rd Dev Rev








About this home
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.
Features
- Entrance Foyer
- Elevator
- Pantry
- Pool Bathroom
- Intracoastal
- Heated
- In Ground
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Sotheby's Intl. Realty, Inc. · Listing agent: Todd Peter
Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 350 Island Road.
Questions About 350 Island Road
- How much is 350 Island Road?
- 350 Island Road is listed at $39,500,000, which is about $6,877 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the property taxes on 350 Island Road?
- The listing reports annual property taxes of $78,724 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 350 Island Road built?
- 350 Island Road was built in 1955 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 350 Island Road been on the market?
- 350 Island Road has been listed for 82 days, and the asking price has been reduced from $41,000,000. Days on market and price changes are the first signals of how much room there is to negotiate.
- Is 350 Island Road waterfront?
- Yes. The listing describes the water as intracoastal. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
- How do I see 350 Island Road?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
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The 5 bedroom home at 255 Wells Road, Palm Beach, FL 33480 is comparable and listed for sale at $34,900,000. Another comparable home, 608 Island Drive, Palm Beach, FL 33480, sold for $40,000,000 in September 2026. Other Palm Beach neighborhoods include Ibis Isle and In-Town. Nearby ZIP codes include 33401 and 33405. This property also neighbors West Palm Beach, Lake Worth Beach, and North Palm Beach. Compare it with the Palm Beach housing market report.