Located on Island Road in the Estate Section of Palm Beach, this 31,798+/ square foot property offers 100+/ feet of direct Intracoastal frontage with rare south facing water views. The property faces the Everglades Club golf course to the north, with Intracoastal frontage to the south. 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.