$1,890,000

63 Palm Drive

Placida, FL 33946

Active
4
Beds
4
Baths
3,294
Sq Ft
0.23
Acres
2008
Built
WaterfrontWater accessPrivate pool$574/sqft360° tour
🏠Single Family Residence

Property type

🏗️2008

Year built

📐10,000 sqft

Lot size

📊$574

Price / sq ft

🏘️No HOA

HOA dues

📅274

Days on market

🚗1

Garage space

🌊AE

Flood zone

About this home

Experience the rare beauty of true private island living. Nestled on exclusive Palm Island, this stunning waterfront retreat offers direct canal access to the Intracoastal Waterway and the Gulf of Mexico, combining privacy, tranquility, and the effortless elegance of coastal living. Built with durable concrete block construction—one of the few homes on the island with this level of strength—this residence was designed to stand the test of time while offering complete peace of mind. Income-Producing Opportunity on Palm Island This exceptional Palm Island property offers outstanding income potential, with the current owners successfully generating up to $850 a night in rental revenue. With no HOA fees and no minimum rental restrictions, this home provides rare flexibility for short-term or long-term leasing—making it an ideal investment, vacation rental, or personal retreat with strong cash-flow potential. Whether you choose to continue its proven rental success or enjoy it as your own private island getaway, this property delivers both lifestyle and income in one unique offering. Completely renovated with numerous high-end upgrades and modern finishes, the home showcases a refined, move-in-ready interior where thoughtful design meets timeless coastal sophistication. Inside, you’ll find four generously sized bedrooms, two full bathrooms, and two half baths, along with updated flooring that gives the home a fresh and contemporary feel. The chef’s kitchen features granite countertops, custom wood cabinetry, stainless steel appliances, and a beautifully upgraded island—perfect for enjoying a quiet breakfast before a day on the water. Step outside to a resort-style pool area designed for seamless indoor-outdoor living. Expansive terraces provide breathtaking panoramic views and create the perfect setting for relaxing or entertaining while embracing the peaceful beauty of island life. For boating enthusiasts, the property offers exceptional waterfront amenities including a 16,000-lb boat lift and a brand-new jet ski lift, providing easy access to endless days on the water. A private beach is just moments away, where you can enjoy paddle boarding, kayaking, fishing, or simply soaking in the serenity of the Gulf. An additional highlight is the adjacent lot available for purchase, presenting a rare opportunity to expand your private oasis, build a guest house, or create a multi-home estate—an exceptional investment and lifestyle opportunity seldom available on Palm Island. Additional features include brand-new high-efficiency A/C units and a convenient elevator for comfort and accessibility. Accessible by a short ferry ride or private boat, this remarkable property offers the ultimate balance of seclusion, luxury, and coastal adventure. Whether you are searching for a private island retreat, a waterfront escape for family and guests, or a secure and tranquil sanctuary away from the everyday, this Palm Island residence offers a lifestyle few properties can match. Welcome to a life of sun, serenity, and island living.

Estimated monthly payment

Principal & interest$9,557
Property taxes$2,640
Home insurance (est.)$866

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history274 days on market

  1. Status: Active
    Oct 5, 2025
  2. Listed$2,350,000
    May 15, 2025
  3. Price reduced$1,890,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
274
Subdivision
Palm Island Estates Un 3
County
Charlotte
Year built
2008
Living area
3,294 sq ft
Price/sq ft
$574
Building area
5,300 sq ft (Owner)
Lot size
10,000 sq ft
Lot category
0 to less than 1/4
Flood zone
AE
Garage
1 spaces
Pool
Private pool
Annual taxes
$31,677 (2024)
Parcel #
412028303001
Zoning
BBI
MLS #
N6138903

Interior Details

Bedrooms
4
Full bathrooms
2
Half bathrooms
2
Flooring
Carpet, Ceramic Tile, Luxury Vinyl, Wood
Appliances
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Filtration System
Interior features
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry
Laundry Chute, Laundry Room
Stories / Levels
Two
Direction faces
Southwest

Heating & Cooling

Heating
Electric
Cooling
Central Air, Zoned

Parking

Garage spaces
1
Attached garage
Yes
Parking features
Circular Driveway, Open, Portico, Workshop in Garage

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Balcony, French Doors, Lighting, Outdoor Shower, Rain Gutters, Storage
Construction materials
Block, ICFs (Insulated Concrete Forms), Stucco
Roof
Tile
Foundation
Block, Stilt/On Piling
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Dirt

Utilities

Sewer
Septic Tank
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected

Community

Pets allowed
Cats OK, Dogs OK, Yes

Schools

High SchoolLemon Bay HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Living RoomFirst18x20
KitchenFirst14x19
Dining RoomFirst13x18
DinetteFirst10x13
Primary BedroomSecond19x24
Primary BathroomSecond19x24
Bedroom 2Second13x19
Bedroom 3Second11x19
Bedroom 4Second11x21
Balcony/Porch/LanaiFirst12x60

Listing Details

Listing date
2025-05-15
On market date
2025-05-15
Original list price
$2,350,000
Occupant type
Vacant
MLS area
33946 - Placida
Listing AOR
Venice
Status changed
2025-10-05
Tax legal description
PIE 003 000I 0023 PALM ISLAND ESTS UN 3 BLK I LT 23 1755/1436 2765/176 2807/1000 CT4204/1153

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Placida Road turn to Panama Blvd., and keep driving to the car ferry landing.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of April 17, 2026 at 11:41 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA