$1,890,000
63 Palm Drive
Placida, FL 33946
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
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
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
- Status: ActiveOct 5, 2025
- Listed$2,350,000May 15, 2025
- 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
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
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 18x20 |
| Kitchen | First | 14x19 |
| Dining Room | First | 13x18 |
| Dinette | First | 10x13 |
| Primary Bedroom | Second | 19x24 |
| Primary Bathroom | Second | 19x24 |
| Bedroom 2 | Second | 13x19 |
| Bedroom 3 | Second | 11x19 |
| Bedroom 4 | Second | 11x21 |
| Balcony/Porch/Lanai | First | 12x60 |
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
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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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.
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