BreakThru Realty

566 Palm Way, Gulf Stream, FL 33483

Sold $11,800,000 · May 1, 2026

Last asking price $13,495,000 · 87.4% of asking · 58 days on market

Similar Homes for Sale Nearby

  • 4 beds
  • 5 baths
  • 4,456 sq ft
  • Single Family Residence
  • Built 1998
  • Lot 17,859.6 sq ft
  • 5,454 sq ft total
  • 2.1 garage spaces
  • Palm Beach County
  • MLS# R11130920
  • Polo Cove
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About this home

This totally renovated Bermuda-inspired estate combines architectural refinement, modern amenities, and the serenity of a prime Intracoastal location. Every detail has been thoughtfully designed for comfort, privacy, and effortless waterfront living—making this a truly exceptional Gulf Stream residence. Totally renovated since 2016, this exquisite Bermuda-style home offers 150 feet of direct Intracoastal frontage in the highly sought-after town of Gulf Stream. Tucked away on a quiet cul-de-sac, the property sits across from a private bay, creating a tranquil coastal retreat that perfectly blends privacy, elegance, and the beauty of waterfront living. 566 Palm Way, Gulf Stream, Florida: Established as an exclusive winter resort in the 1920's, Gulf Stream is a hidden gem in the heart of South Florida's fabled Gold Coast. This quiet oceanfront hamlet, prized for exceptional quality of life and historic charm, is served by a winding stretch of Ocean Boulevard, canopied with Australian pines, that has been designated a Historic Scenic Highway. PROPERTY: On a cul-de-sac across the street from a private bay on a beautifully landscaped parcel, an old-brick driveway circles around a verdant oasis to the entry and two-bay garage creating a gracious first impression. In the turf-carpeted hedged backyard, the loggia, with a cypress-wood ceiling, flows out to the salt/chlorination heated pool and spa. Ideal for watersport enthusiasts, this residence fronts 150± feet directly on the Intracoastal with a 110± -foot composite dock. RESIDENCE: Capturing the ease and elegance of a refined lifestyle, this 5,454± total square foot, four-and-a-half-bath Bermuda-style residence, renovated since 2016, abounds with stunning features throughout. Within the sunlit interiors of its well-proportioned rooms, the clean neutral color palette is complemented by handsome hardwood flooring, while volume ceilings with cove lighting augment a sense of spaciousness. Banks of French doors from every major room create a seamless flow between inside and out, offering breathtaking views of the Intracoastal Waterway. Inviting gracious entertaining, the formal living room is anchored by the gas fireplace with a carved stone mantel, which can also be enjoyed from the adjoining dining room. Offering endless potential for family living and more informal gatherings are the open-concept family room, kitchen and breakfast area. A detail in the family room is a built-in bar with a refrigerator. Designed for culinary creation and connection, the gourmet kitchen, with two islands, is finished with high-end appliances, custom cabinetry and quartzite tops and backslashes. A perfect retreat for creative work or peaceful privacy, a handsome paneled library features built-in bookcases and offers views of the front gardens. The primary suite serves as a tranquil sanctuary, with French doors that open to the private water-view pergola. The suite comprises two custom-fitted walk-in closets and a spa-like bathroom, with dual custom wood vanities topped by marble, a glass-enclosed shower with seating, a separate soaking tub and two toilet rooms. Set aside in the opposite wing, a guest bedroom suite also opens to the pool area, while off the foyer, two additional guest bedroom suites offer views of the front gardens. Completing the layout are a half-bath, mud room and laundry room. Amenities include a full house generator, propane gas with 1,000-gallon tank and two air-conditioning systems only two years old. With its private Gulf Stream setting, masterful design and remarkable Intracoastal views, this estate is a place where dreams take root. Breakfast area chandelier excluded from sale. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All Rights Reserved.

Features

  • Bar
  • Built-in Features
  • Kitchen Island
  • Walk-In Closet(s)
  • Closet Cabinetry
  • Storage
  • Intracoastal
  • Heated
  • In Ground
  • Salt Water

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Premier Estate Properties, Inc · joe@premierestateproperties.com · Listing agent: Pascal J Liguori

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

566 Palm Way sold on May 1, 2026. If you own nearby, get a free home valuation or see homes for sale in Gulf Stream. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 566 Palm Way

What did 566 Palm Way sell for?
566 Palm Way sold for $11,800,000 on May 1, 2026, about 87.4% of its last asking price of $13,495,000 and about $2,648 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 566 Palm Way?
The listing reported annual property taxes of $53,839 for 2024. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 566 Palm Way built?
566 Palm Way was built in 1998 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 was 566 Palm Way on the market?
566 Palm Way was on the market for 58 days before it sold.
Is 566 Palm Way waterfront?
Yes. The listing described the water as intracoastal.
Is 566 Palm Way still for sale?
No. 566 Palm Way sold on May 1, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable home, 3300 Polo Drive, Gulf Stream, FL 33483, sold for $13,150,000 in May 2026. Gulf Stream neighborhoods include Place Au Soleil and Hidden Harbour. Nearby ZIP codes include 33435 and 33444. This property also neighbors Ocean Ridge, Delray Beach, and Boynton Beach. Compare it with the Gulf Stream housing market report.