Home in 566 Palm Way, Gulf Stream, FL 33483 with MLS# R11130920

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.

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566 Palm Way, Gulf Stream, FL 33483

Price
Price:
$13,495,000.00
Original List Price:
$13,495,000.00
List Price per Sq Ft (Calculated, Approx.):
$3,028.5
Close Price:
$11,800,000.00
Transaction closed on:
May 1, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Contingency:
Pending
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
May 4, 2026 7:36 pm
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
5
Full Bath:
4
Half Bath:
1
Room Type:
Dining Room, Laundry, Family Room, Den, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Separate Shower, Dual Sinks, Master Bdrm - Ground, Separate Tub
Dining Area:
Formal Dining, Breakfast Area
Measures
Living Area:
4,456 Sqft
Built-Up Area:
5,454 Sqft
Lot Area:
17,859.60 Sqft
Lot Size Dimensions and Info:
150.0 ft x 120.0 ft
Building Area Source:
Plans
Lot Size Acres:
0.41
Property Features
View from the Property:
Intracoastal
Waterfront:
Yes
Waterfront Features:
Intracoastal
Private Pool
Swimming Pool Features:
Heated, In Ground, Salt Water
Spa
Spa Features:
Heated, In Ground
Security:
Security System
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Gas Range, Ice Maker, Oven, Free-Standing Freezer
Interior:
Walk-In Closet(s), Closet Cabinetry, Kitchen Island, Built-in Features, Bar, Storage
Patio and Porch:
Patio, Patio - Covered
Windows:
Storm Window(s)
Laundry:
Laundry Tub, Inside
Doors:
French Doors
Fireplace
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Boat and Dock Features:
Private Dock
Property Entrance Faces:
East
Storm Protection Impact Glass:
Complete
Sprinkler Description:
Auto Sprinkler
Storm Protection Permanent Generator:
Whole House
Construction
Year Built:
1998
Roof:
Concrete, Tile
Architectural Style:
Ranch
Levels:
Two
Construction Materials:
CBS
Flooring:
Carpet, Wood, Marble
Number of stories:
1
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$53,839.00
Tax Year:
2024
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
2.1
Covered Spaces:
2.1
Attached Garage
Parking Features:
Garage, Garage Door Opener, Attached Garage
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
POLO COVE
Senior Community:
No
Restrictions:
No Restrictions
Community Dock
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
PLAT OF POLO COVE N 50 FT OF LT 21 & LT 22
Real Estate Folio Number (Parcel Number):
20434603020000212
Zoning:
RS-C(c
Listing History
Active on the market since:
October 9, 2025
Listing Agreement executed on:
October 9, 2025
Purchase Contract Date:
December 6, 2025
Listing Status Last Changed On:
May 4, 2026 7:36 pm
Photos updated on:
October 9, 2025 5:15 pm
Last Modified:
May 4, 2026 7:36 pm
Additional Information
Courtesy of:
Premier Estate Properties, Inc
Attribution:
Not provided
Location
Street Name:
Palm
Street Number:
566
City:
Gulf Stream
State:
Florida
Zip Code:
33483
County:
Palm Beach
Latitude:
N26° 29' 41.5''
Longitude:
W81° 56' 31.7''
Street Suffix:
Way
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $117,854
Median Home Value $755,700
Median Rent $2,306/mo
Median Age 59
Population 12,595
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This listing can also be located in the MLS system as RX-11130920
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is 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. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.