566 Palm Way, Gulf Stream, FL 33483

$13,495,000

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Property Description

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 1920s, Gulf Stream is a hidden gem in the heart of South Floridas 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

566 Palm Way | MLS# RX-11130920

This single family home located at 566 Palm Way, Gulf Stream, FL 33483 is currently listed for sale with an asking price of $13,495,000. This property was built in 1998 and has 4 bedrooms and 4 full and 1 partial baths with 5454 sq. ft. Palm Way is located in the POLO COVE subdivision. Search POLO COVE real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Garage: 2.1 car attached
Heating: Central
Home Style: Ranch
Lot Size: 0.41 Acres
Roof Type: Concrete Tile
Stories: 1.0
Taxes: $53,839
Year Built: 1998
Square Feet: 5,454

Feature Descriptions

Community Features: None
Days on Site: 144
Equipment/Appliances: Auto Garage Open, Dishwasher, Disposal, Dryer, Freezer, Generator Whle House, Ice Maker, Microwave, Range - Gas, Refrigerator, Wall Oven, Washer
Exterior: CBS
Exterior Amenities: Auto Sprinkler, Covered Patio
Flooring: Carpet, Marble, Wood Floor
Furnished: Unfurnished
Interior Amenities: Bar, Built-in Shelves, Closet Cabinets, Fireplace(s), French Door, Kitchen Island, Laundry Tub, Walk-in Closet
Lot: 1/4 to 1/2 Acre
Lot Dimensions: 150.0 ft x 120.0 ft
Membership Fee Required: No
Other Rooms: Den/Office, Family, Laundry-Inside, Storage
Parking Notes: Garage - Attached
Security: Burglar Alarm
SQFT Living: 4456
Swimming Pool: Yes
Swimming Pool: Heated, Inground, Salt Chlorination, Spa
Utilities: Cable, Public Sewer, Public Water
Waterfront: Intracoastal
Water Frontage: 150

Room Sizes

Living Room: 22.00 X 18.10 Level - Main
Kitchen: 29.90 X 155.00 Level - Main
Primary Bedroom: 17.60 X 15.10 Level - Main
Den: 15.70 X 13.40 Level - Main
Dining Room: 16.10 X 14.10 Level - Main
Family Room: 25.00 X 17.60 Level - Main
Bedroom 2: 15.60 X 12.20 Level - Main
Bedroom 3: 15.20 X 14.40 Level - Main
Bedroom 4: 15.30 X 14.40 Level - Main

Listed By / Shown By

Listed By

Agency Name: Premier Estate Properties, Inc
Agency Phone: (561) 278-8188

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 73,497.55 per month $65,074.93 Principal & Interest $4,486.58 Property Tax $3,936.04 Homeowner's Insurance

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