101 Bowsprit Drive, North Palm Beach, FL 33408 — MLS photo

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101 Bowsprit Drive, North Palm Beach, FL 33408

Active · SingleFamilyResidence

$11,900,000

101 Bowsprit Drive, North Palm Beach, FL 33408

Beds
5
Baths
8
Living area
7,366 sq ft
$ / sq ft
$1,616/sq ft
Year built
1992
Lot size
17,860 sq ft
HOA fee
—
Annual tax
$80,947

About this property

Experience the pinnacle of waterfront luxury with this exceptional estate, offering sweeping 180° panoramic views of MacArthur State Park, Munyon Island, and Singer Island. Perfectly positioned on a highly coveted .41-acre point lot, this residence showcases 219 feet of premier water frontage and captivating, wide-water vistas that span Lake Worth and the Intracoastal Waterway. Inside, the home's five bedrooms, six full baths and two half baths are designed around a bright, open-concept layout that captures stunning water views from nearly every room. The gourmet kitchen features dual islands, top-of-the-line appliances, and a seamless flow that's perfect for both entertaining and everyday living. Two primary suites offer serene retreats, each thoughtfully designed with timeless elegance, modern comfort, and breathtaking water panoramas. Each suite has an adjacent room that is suitable as an office, library or gym. Step outside to a very private resort-style oasis, complete with an infinity-edge pool and expansive covered terrace designed for alfresco dining and entertaining all set against the tranquil backdrop of the Intracoastal. A private concrete dock and bulkhead accommodates yachts up to 90 feet and provides quick, direct access to the Palm Beach Inlet ideal for the avid boater. Nestled within the prestigious Village of North Palm Beach, this property embodies the ultimate South Florida lifestyle where world-class boating, golf, and dining converge with coastal charm. A true masterpiece of waterfront design, this estate offers an extraordinary opportunity to own a piece of direct Intracoastal paradise where dramatic sunrises, golden sunsets, and passing yachts paint an ever-changing waterfront panorama.

Property location

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101 Bowsprit Drive, North Palm Beach, FL 33408

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Facts & features

Interior

Bedrooms
5
Bathrooms
8
Living area
7,366 sq ft
Flooring
Carpet
Appliances
Some Gas Appliances, Dryer, Dishwasher, Electric Water Heater, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric, Zoned
Interior features
Breakfast Bar, Built In Features, Bedroom On Main Level, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, Eat In Kitchen, Family Dining Room, Fireplace, Garden Tub Roman Tub, High Ceilings, Kitchen Island, Main Level Primary, Sitting Area In Primary, Split Bedrooms, Shower Only, Upper Level Primary, Bar, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1992
Stories
2
Lot size
17,860 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Fence, Outdoor Grill, Patio
Pool
Concrete, Gunite, Heated, Pool
Spa
In Ground
Waterfront
Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
View
Intercoastal

Parking

Garage spaces
3
Covered spaces
3
Parking features
Attached, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Amenities
Boat Dock, Pool, Trails
Pets allowed
No
Annual tax
$80,947
Subdivision
PALM BEACH LAKE WORTH ESTA
County
Palm Beach
Days on market
329
MLS listing ID
R11140805
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$28,714

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.3%
Gross yield
4.6%
Mortgage payment
$56,412/mo
Down payment
$2,975,000
Loan amount
$8,925,000
Annual NOI
$332,380

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.