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550 Skylake Drive, West Palm Beach, FL 33415 (MLS# RX-11161152)

550 Skylake Drive, West Palm Beach, FL 33415

$1,595,000
Property Type: Residential Bedrooms: 4 Baths: 3.2 Square Footage: 3,704 Status: Active
Current Price: $1,595,000 Last Modified: 2/23/2026

Description

Rare 3.3-acre private oasis and custom home, build 8 more homes, in Central West Palm Beach, offers exceptional seclusion, flexibility, and opportunity. Tucked away behind mature trees and lush landscaping, the property provides a serene compound-style setting ideal for a large or multi-generational family, those seeking maximum privacy, or buyers needing space for vehicles, equipment, or extended living. The existing residence is ready for use, while the expansive acreage offers potential for future expansion or redevelopment, including multiple homes (subject to approvals). Whether envisioned as a private retreat, family compound, or long-term investment, this hidden gem delivers space, privacy, and possibilities rarely found in Palm Beach County.

Supplements: Rarely does a property offer this level of privacy, acreage, flexibility, and location within Palm Beach County. Situated on approximately 3.3 acres, this unique West Palm Beach estate is tucked away behind mature trees and lush natural landscaping, creating a true private oasisideal for buyers seeking space, seclusion, and long-term versatility. The setting feels worlds away, yet remains remarkably connected. The property is centrally located with convenient access to I-95, the Florida Turnpike, and Palm Beach International Airport, making daily travel and long-distance connectivity easy and efficient. Downtown West Palm Beach, Palm Beach Island, beaches, dining, and shopping are all within a short drive. Fort Lauderdale and Miami are also easily accessible, offering additional international travel options, business centers, and cultural destinations throughout South Florida. The existing residence is move-in ready and lends itself well to a compound-style lifestyle, whether for a large family, multi-generational living, or buyers who value space for extended family, guests, or personal pursuits. The expansive acreage provides room for additional structures, outdoor amenities, gardens, recreation, or future expansion, subject to local approvals. For those who simply want landthis property delivers a level of breathing room that is becoming increasingly rare in Palm Beach County. This property is especially appealing to buyers seeking: A private family compound Multi-generational living or shared family ownership Space for multiple vehicles, equipment, hobbies, or home-based needs A quiet retreat without sacrificing access to major roads and airports Long-term land value and flexibility in a high-demand county For builders or investors, the parcel offers compelling potential. The acreage size and configuration present opportunities for future redevelopment or additional residences, subject to zoning and municipal approvals. Whether held as a personal estate, improved over time, or explored for development potential, the property supports a wide range of visions and timelines. Palm Beach County continues to attract national and international interest due to its favorable climate, business-friendly environment, cultural amenities, and quality of life. West Palm Beach, in particular, has experienced ongoing growth, infrastructure investment, and demand from both full-time residents and seasonal owners. Properties offering significant acreage within this area are increasingly scarce, making this offering especially notable. What truly sets this property apart is its intentional seclusion. The surrounding trees, depth of the lot, and setback from surrounding roads create an atmosphere of calm and privacy that is difficult to replicate. This is not a typical neighborhood settingit is a place for buyers who appreciate discretion, independence, and space to live on their own terms. Whether envisioned as a private retreat, a family legacy property, a multi-home compound, or a future development opportunity, this 3.3-acre estate represents a rare chance to secure land, privacy, and flexibility in one of South Florida's most desirable and accessible regions.

Open Houses

Sunday, March 01, 2:00 pm - 4:00 pm

More Information MLS# RX-11161152

Contract Information

Listing Date: 2026-02-05 Status: Active Original List Price: 1595000 Auction: No List Price: $1,595,000 Current Price: $1,595,000 List Price/SqFt: 430.62 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 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 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 Lot Dimensions: 3.31 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: 26.669962 Geo Lon: -80.13183

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: February - 23 - 2026
550 Skylake Drive, West Palm Beach, FL 33415- MLS# RX-11161152
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 2026 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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