Unimproved Land in 350 Island Road, Palm Beach, FL 33480 for sale with MLS# R11169342

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 pond and orchid slat house. Additional features include a two-car attached garage, carport, full house generator, and full house water filtration system.

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Days on the market

350 Island Road, Palm Beach, FL 33480

Price
Price:
$39,500,000.00
Original List Price:
$41,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,186.15
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
April 17, 2026 2:24 pm
Measures
Lot Area:
33,301 Sqft
Lot Size Unit:
Acres
Lot Features:
Home
Lot Size Acres:
0.7645
Property Features
View from the Property:
Intracoastal
Waterfront:
Yes
Waterfront Features:
Intracoastal
Frontage Length:
107
Current Use:
Single Family
Vegetation and Trees:
Other
Property Entrance Faces:
North
Other Equipment:
Irrigation Equipment
Construction
Possible Use:
Single Family
Taxes and Expenses
Tax Annual Amount:
$78,724.00
Tax Year:
2025
Utilities
Electric:
Three Phase
Utilities Available:
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
ISLAND RD DEV REV
Senior Community:
No
Development Status:
Recorded Plat
Terms
Documents Available:
Appraisal
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
REV PLAT OF ISLAND ROAD DEV LT 6 /LESS TR IN DB606P118/ & LT 7 /LESS SWLY 15 FT/
Real Estate Folio Number (Parcel Number):
50434327040000061
Zoning:
R-A(ci
Public Schools Assigned
Elementary School:
Palm Beach Public
High School:
Forest Hill
Middle Or Junior School:
Conniston Community
Listing History
Active on the market since:
March 6, 2026
Listing Agreement executed on:
March 5, 2026
Price change occurred on:
April 17, 2026 2:24 pm
Listing Status Last Changed On:
March 6, 2026 5:23 pm
Photos updated on:
March 17, 2026 2:28 pm
Last Modified:
April 17, 2026 2:24 pm
Additional Information
Courtesy of:
Sotheby's Intl. Realty, Inc.
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Island
Street Number:
350
City:
Palm Beach
State:
Florida
Zip Code:
33480
County:
Palm Beach
Latitude:
N26° 41' 41.7''
Longitude:
W81° 57' 31.8''
Street Suffix:
Road
Property Map

Neighborhood Stats

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

Median Household Income $151,121
Median Home Value $1,218,500
Median Rent $1,840/mo
Median Age 69
Population 10,901

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This listing can also be located in the MLS system as RX-11169342
Association of REALTORS®
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