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550 Skylake Drive, West Palm Beach, FL 33415 (MLS# RX-11143221)

550 Skylake Drive, West Palm Beach, FL 33415

$1,375,000
Property Type: Residential Bedrooms: 4 Baths: 3.2 Square Footage: 3,704 Status: Active
Current Price: $1,375,000 Last Modified: 1/02/2026

Description

Public Pricing Auction Bidding Now Open - All Due by 12/24/2025 List price is minimum price considered. The Hidden Gem on Skylake — A Rare & Exceptional Opportunity, Estate Home on 3.31 Acres in the Heart of Palm Beach County, 4,661 Square Feet with 3,704 Square Feet under A/C. Tucked quietly at the end of Skylake Drive, this South Florida retreat is one of those properties you almost can't believe still exists. Surrounded by majestic palms, privacy, and open land, it's the kind of place families dream of turning into a compound — or developers recognize instantly as the infill opportunity they've been waiting for. Minutes to Palm Beach International Airport, a straight shot to the beach, and everything you need. Built in 1996, New Roof in 2016. Bid now, makes a great holiday gift.

Supplements: Welcome to one of the most unique offerings in all of Palm Beach County: a rare 3.31-acre retreat quietly positioned at the end of Skylake Drive. Opportunities like this simply do not come to market often. While the main listing describes the property features, this supplement offers a deeper look at the exceptional value of its location, its surroundings, and why this part of South Florida continues to attract families, professionals, developers, investors, and high-net-worth individuals from around the nation and the world. Palm Beach County is one of the fastest-growing, most sought-after regions in the United States, known for its unmatched combination of lifestyle, economic growth, natural beauty, cultural amenities, and year-round warmth. This home sits in a location that blends privacy, convenience, and pure South Florida living. With 3.31 acres, mature palms, open land, and complete seclusion, the property feels like a private estate  yet remains connected to everything that makes West Palm Beach such an extraordinary place to live. The county's appeal continues to expand significantly due to Florida's tax advantages, including no state income tax, business-friendly policies, and a high quality of life. Major companies, financial firms, and executives have relocated here in recent years, strengthening the region's economy and creating long-term stability. Palm Beach County has become known nationally for its upward movement in reputation, safety, opportunity, and lifestyle. This West Palm Beach location provides ideal access to all major airports: " Palm Beach International (PBI)  approximately 3 miles " Fort Lauderdale-Hollywood International Airport (FLL)  about 45-55 minutes " Miami International Airport (MIA)  roughly 75 minutes for global travel These three airports give residents seamless domestic and international connectivity, making Skylake an attractive location for frequent travelers, business owners, and international families. Daily conveniences are close by as well  shopping, dining, hospitals, universities, equestrian venues, golf courses, parks, and the beach are all within minutes. The immediate area continues to evolve with new development, improving infrastructure, and a strong long-term growth outlook. Yet this property remains tucked away in its own peaceful pocket, offering a rare combination of acreage and accessibility that is nearly impossible to find in the county today. The acreage itself represents significant future potential. Whether someone envisions a private family compound, multi-generational living, additional structures, or simply the luxury of space, this property offers opportunities that cannot be matched by traditional neighborhoods or standard parcels. Palm Beach County's Land Development Department has previously confirmed the potential for additional residences, giving buyers flexibility to create a private enclave or long-term generational estate. For developers and investors, infill opportunities of this size are exceptionally scarce. West Palm Beach continues to expand, and large parcels of land within an established area are highly valuable. This location offers the chance to create something meaningful  whether preserved as a private estate, re-imagined as a modern compound, or designed as a development plan that enhances its natural beauty. The area around Skylake represents the true spirit of South Florida living. Palm trees, tropical foliage, warm breezes, and the feeling of being just far enough away from busy corridors while remaining close to everything that matters. Beaches, marinas, cultural venues, downtown West Palm Beach, and the iconic island of Palm Beach are all within a short drive. Whether you're seeking relaxation, recreation, or entertainment, this location provides it effortlessly. This property is being offered through Public Pricing", a modern, transparent buyer-friendly model designed to provide clarity, fairness, and efficiency for everyone involved. Unlike traditional methods where pricing can feel uncertain or subjective, Public Pricing" encourages buyers to review all available property information, complete their due diligence, and submit a price they feel represents the value of the home and land. It is collaborative, equitable, and built for today's marketplace. Buyers appreciate that Public Pricing" allows them to be informed, prepared, and confident  and sellers appreciate the transparent communication and structured process. It creates a balanced environment where both sides can participate freely and fairly, with all terms discussed openly. As always, the property is offered as-is, and registered buyers may request additional due diligence or inspections as needed. A property of this scale, in this location, with this level of privacy, is not easily replaced. It is rare to find more than three acres so centrally located in Palm Beach County, and even more rare to find it available with mature landscaping, existing improvements, and such significant future potential. Whether you are seeking a primary residence, a seasonal haven, a family compound, a development project, or a long-term investment, this offering stands apart in both value and opportunity. Its combination of land, privacy, convenience, and location make it one of the most compelling properties currently available in Palm Beach County. For additional details, maps, surveys, due diligence access, and to understand the Public Pricing" process, agents and buyers are encouraged to review the full information package and speak directly for any questions. This is a rare chance to secure a remarkable acreage estate in one of South Florida's most desirable and fastest-growing regions.

More Information MLS# RX-11143221

Contract Information

Listing Date: 2025-11-24 Status: Active Original List Price: 1375000 Auction: Yes List Price: $1,375,000 Current Price: $1,375,000 List Price/SqFt: 371.22 Negotiable Seller Concessions YN: Yes

General Property Description

Type: Single Family Detached Governing Bodies: None Main Level Bedrooms: 3 Total Bedrooms: 4 Main Level Bathrooms: 3 Baths - Full: 3 Baths - Half: 2 Baths - Total: 3.2 Property Condition: Resale Year Built: 1996 Builder Model: Custom SqFt - Total: 4661 SqFt - Living: 3704 SqFt Source: Tax Rolls Guest House: Yes Gated Community: No Garage Spaces: 2 Covered Spaces: 6 Open Parking Spaces: 10 Homeowners Assoc: None Association Deposit: No Membership Fee Required: No Capital Contribution: No Directions: I-95, Forrest Hill Blvd Exit, West to Haverhill Rd. North to Summit Blvd, West to Chase Rd, North to Chase Court, West to Skylake Drive. Subdivision: MODEL LAND CO Legal Desc: MODEL LAND CO SUB N 10 FT OF W 1/2 OF TR 47 (LESS E 175 FT) & W 1/2 OF TR 48 (LESS E 199.66 FT & N 20 FT L-6 CNL R/W) Lot SqFt: 144114 Waterfront: No Front Exp: South Private Pool: Yes Spa: No Pets Allowed: Yes Pets on Premises: Yes Total Floors/Stories: 1

Location Tax Legal

Area: 5510 County: Palm Beach Parcel ID: 00424402010001140 Street #: 550 Street Name: Skylake Street Suffix: Drive Zip Code: 33415 Geo Lat: 26.669971 Geo Lon: -80.131834

Storm Protection

Accordion Shutters: Complete

Property Features

Design: < 4 Floors; Other Arch Construction: CBS View: Canal; Garden; Pool Waterfront Details: None Private Pool Description: Freeform; Gunite; Inground; Spa Lot Description: 3 to < 4 Acres Exterior Features: Auto Sprinkler; Fence; Fruit Tree(s); Open Balcony; Shutters; Well Sprinkler; Zoned Sprinkler Interior Features: Fireplace(s); Foyer; Split Bedroom; Walk-in Closet Furnished: Unfurnished Rooms: Den/Office; Laundry-Inside Parking: 2+ Spaces; Covered; Drive - Circular; Driveway; Garage - Attached; Golf Cart; Guest; Open; RV/Boat Pet Restrictions: No Restrictions Restrict: None Security: Burglar Alarm; Gate - Unmanned; Security Light Flooring: Ceramic Tile Heating: Central; Electric; Heat Strip Cooling: Central; Electric; Zoned Dining Area: Dining Family; Dining/Kitchen; Eat-In Kitchen; Formal Roof: Comp Shingle Guest House: 1 Bath; 1 Bedrooms Terms Considered: Cash; Contract for Deed; Owner 2nd; Owner Financing; Seller Financing Utilities: Electric; Public Water; Septic; Well Water Window Treatments: Plantation Shutters Taxes: Homestead Possession: Negotiable; Other

Room Information

Living Room Length: 27.00 Width: 17.00 Length: 27.00 Level: Main Width: 17.00 Kitchen Length: 17.00 Width: 15.00 Length: 17.00 Level: Main Width: 15.00 Master Bedroom Length: 22.00 Width: 16.00 Length: 22.00 Level: Main Width: 16.00 Master Bedroom Length: 16.00 Width: 16.00 Length: 16.00 Level: Main Width: 16.00 Other Room Length: 22.00 Width: 36.00 Length: 22.00 Level: Second Width: 36.00 Remarks: Apartment Upstairs
Listing Office: 920 Real Inc.
Last Updated: January - 02 - 2026
550 Skylake Drive, West Palm Beach, FL 33415- MLS# RX-11143221
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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