Seller Financing
Address
550 Skylake Drive, West Palm Beach, FL
Price
$ 1,395,000
Property Attributes
- MLS#RX-11161152
- TypeSingle Family
- Listing Status Active
- CountyPALM BEACH
- CityWest Palm Beach
- Area5510
- NeighborhoodModel Land Co
- Zip33415
- Style< 4 Floors, Arch
- Year Built1996
- Taxes$ 6452
- Price$ 1,395,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms2
- Sqr Footage3704
- Lot Size3.3084 Acres
Data Source:
Beaches MLS
Property 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.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.
| Middle School | High School |
|---|---|
| Okeeheelee Middle School | Palm Beach Central High School |
| Price History | |
|---|---|
| 2/5/2026 | Listed $1,595,000 |
| 2/27/2026 | 8$1,475,000 |
| 3/5/2026 | 6$1,395,000 |
General Features
| Construction | CBS |
|---|---|
| Heating | Central,Electric,Heat Strip |
| Cooling | Central,Electric,Zoned |
| Utilities | Electric,Public Water,Septic,Well Water |
| Possession | Negotiable,Other |
| Roof | Comp Shingle |
| Parking | 2+ Spaces,Covered,Drive - Circular,Driveway,Garage - Attached,Golf Cart,Guest,Open,RV/Boat |
| Pets Allowed | Yes |
| Zoning | RS |
| HOA | None |
| Number of Garage Spaces | 2.00 |
| Security | Burglar Alarm,Gate - Unmanned,Security Light |
| Status | Active |
| Full Baths | 3 |
| Half Baths | 2 |
| Year Built | 1996 |
| REO | No |
| Subdivision | MODEL LAND CO |
| View | Canal,Garden,Pool |
| Type | Single Family Detached |
| Rooms | Den/Office,Laundry-Inside |
| Property Type | A |
| Area | 5510 |
| Auction | No |
| Tax Year | 2025 |
| Terms Considered | Cash,Contract for Deed,Owner 2nd,Owner Financing,Seller Financing |
| Carport Spaces | 4.00 |
| Gated Community | No |
| Short Sale | No |
| Restrict | None |
| Taxes | 6452.00 |
| Middle School | Okeeheelee Middle School |
| Geo Lat | 26.669962 |
| Adult 55+ | No Hopa |
| Governing Bodies | None |
| Membership Fee Required | No |
| High School | Palm Beach Central High School |
| Virtual Tour | https://www.propertypanorama.com/550-Skylake-Drive-West-Palm-Beach-FL-33415/unbranded |
| Geo Area | PB22 |
| Geo Lon | -80.13183 |
| Legal Description | 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) |
Interior Features
| Interior Amenities | Fireplace(s),Foyer,Split Bedroom,Walk-in Closet |
|---|---|
| Window Treatments | Plantation Shutters |
| Dining Area | Dining Family,Dining/Kitchen,Eat-In Kitchen,Formal |
| Flooring | Ceramic Tile |
| Furnished Y/N | Unfurnished |
| Total Bedrooms | 4 |
| Master Bedroom/Bath | 2 Master Suites,Mstr Bdrm - Ground,Mstr Bdrm - Sitting,Separate Shower,Separate Tub,Spa Tub & Shower,Whirlpool Spa |
| Total Bathrooms | 3.20 |
| SqFt - Living | 3704.00 |
| Total Floors/Stories | 1.00 |
| Equip/Appl Included | Dishwasher,Dryer,Generator Hookup,Microwave,Range - Electric,Refrigerator,Smoke Detector,Washer |
Exterior Features
| Lot Description | 3 to < 4 Acres |
|---|---|
| Exterior Amenities | Auto Sprinkler,Fence,Fruit Tree(s),Open Balcony,Shutters,Well Sprinkler,Zoned Sprinkler |
| Waterfront | No |
| Waterfront | None |
| Design | < 4 Floors,Other Arch |
| Guest House | Yes |
| Private Pool Y/N | Yes |
| Lot Dimensions | 3.31 |
| Subdiv. Amenities | None |
| Storm Protection: Accordion Shutters | Complete |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33415
Price
Taxes
Year Built
Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Data Last Updated: September 26, 2026 11:40 PM UTC
Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
