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$13,495,000
92 Days On Site

566 Palm Way
Gulf Stream, FL33483

For Sale|Single Family Residence|Pending
4
Beds
5
Total Baths
4
Full Baths
1
Partial Bath
4,456
SqFt
$3,029
/SqFt
1998
Built
Subdivision:
POLO COVE
County:
Palm Beach

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566 Palm Way566 Palm Way566 Palm Way566 Palm Way
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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 1920's, Gulf Stream is a hidden gem in the heart of South Florida's 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 company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All Rights Reserved.

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Listing Snapshot
Price 
$13,495,000
Days On Site 
92 Days
Bedrooms 
4
Inside Area (SqFt) 
4,456 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
0.41 Acres
Year Built 
1998
MLS® Number 
R11130920
Status 
Pending
Property Tax 
$53,839
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Plans
Friends & Family
Recent Activity
3 weeks agoStatus changed to Pending
3 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.41
Attached Garage 
Yes
Direction Faces 
East
Garage 
Yes
Levels 
One
Number Of Stories 
1
Parking 
AttachedGarageGarage Door Opener
Pets 
Yes
Property Sub Type 
Single Family Residence
Security 
Security System
Sewer 
Public Sewer
SqFt Total 
5454
Style 
Ranch
Utilities 
Cable AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
RS-C(c
Interior Features
Cooling 
Central Air
Fireplace 
Yes
Flooring 
CarpetMarbleWood
Furnished 
Unfurnished
Heating 
Central
Interior 
Soaking Tub
Laundry Features 
Inside
Main Level Bedrooms 
4
Spa 
Yes
Window Features 
Storm Window(s)
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Exterior Features
Construction Details 
Block
Lot Features 
Waterfront
Pool Features 
HeatedIn GroundSalt WaterPrivate
Private Pool 
Yes
Roof 
ConcreteTile
Spa 
Yes
Spa Features 
HeatedIn Ground
View 
Water
Waterfront 
Yes
Waterview 
Water
Windows/Doors 
Storm Window(s)
Community Features
Association Amenities 
None
Financing Terms Available 
CashConventional
MLS Area 
4130
Listing courtesy of Premier Estate Properties, Inc



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-01-10 10:08 AM UTC

Neighborhood & Commute
Source: Walkscore
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