7554 Palm Island Drive, FL

$599,000

7554 Palm Island Drive

Placida, FL 33946

Active
2
Beds
2
Baths
1,232
Sq Ft
0.03
Acres
1984
Built
Water viewWater access$486/sqft360° tour
🏠Condominium

Property type

🏗️1984

Year built

📐1,408 sqft

Lot size

📊$486

Price / sq ft

🏘️No HOA

HOA dues

📅348

Days on market

🌊VE

Flood zone

About this home

This without a doubt is the MOST SPECTACULAR 2-bedroom 2-bathroom villa with unobstructed coastline views on beautiful Palm Island! Within a few steps of exiting your beachfront lanai you're on the beach basking in the sun, collecting seashells and shark teeth, and watching the dolphins and manatees play. The beach is so quiet and quaint it will feel as if you are the only one living on Palm Island. Entertain your friends and family from your back porch and watch the amazing colorful sunsets that can only be seen from your covered screened in lanai. The long miles of beach views are endless from your primary bedroom, dining room, kitchen and covered lanai. This 1232 square foot home comes completely furnished and has had recent major improvements including: new AC unit installed (2021), new quartz countertops and stainless steel sink in kitchen (July 2022), new granite bathroom countertops and sinks (July 2022), freshly painted cabinets in both bathrooms (July 2022), new paint throughout the entire villa (July 2022), NEW flat screen televisions in ALL rooms including family room (60” inch) and both bedrooms (2022) , new fans installed throughout entire unit (July 2022), new sea turtle approved roller shade in family room (September 2022), new hot water heater (2022) and a NEW ROOF . The villa has been recently redecorated (July 2022) and can also be used as a rental within Palm Island Resort if so desired. This home has bamboo floors in the main living areas with tile in the kitchen and bathrooms. There is a comfortable king-sized bed in the primary bedroom with private en-suite and dual built-in closets. The second bedroom includes two twin-sized beds with built-in closets. Two additional closets within the unit provide ample space for any extra pool/beach accessories. The kitchen has slow-close cabinets and is fully stocked for all your cooking needs. The laundry room with a stacking washer/dryer, mini fridge, storage cabinet, and sink and window with beach view, so makes doing laundry FUN! Extras outside the villa is a outdoor shower, two-foot showers, and deck box to hold beach chairs and beach canopies. This golf cart only friendly island includes a community pool, restaurant at Palm Island Resort (Rum Bay), tennis courts, spa/workout center, boat docks, 24-hour security, and many other amenities to be enjoyed! A short ferry ride is all it takes to get to this incredible private oasis. No matter where you are on Palm Island, you will never regret owning this little piece of paradise.

Estimated monthly payment

Principal & interest$3,029
Property taxes$853
Home insurance (est.)$275

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 history348 days on market

  1. Status: Active
    Jun 18, 2025
  2. Listed$599,000
    Jun 18, 2025
  3. Price increased$599,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
348
Subdivision
Palm Island Village Bldg 08
County
Charlotte
Year built
1984
Living area
1,232 sq ft
Price/sq ft
$486
Lot size
1,408 sq ft
Lot category
0 to less than 1/4
Flood zone
VE (12015C0189G)
Annual taxes
$10,234 (2024)
Parcel #
412031652030
Zoning
PD
MLS #
D6142776

Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Bamboo, Carpet, Ceramic Tile
Appliances
Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Interior features
Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Window Treatments
Laundry
Laundry Room
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

HOA & Financial

Total monthly fees
$2,887/mo
Total annual fees
$34,648
HOA name
Rick Trester
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
No
Approval process
See HOA for approval process.

Exterior & Construction

Exterior features
Balcony, Lighting, Outdoor Shower, Sliding Doors
Construction materials
Vinyl Siding, Frame
Roof
Metal
Foundation
Stilt/On Piling
Water access
Yes
Water view
Yes
Road surface
Other

Utilities

Sewer
Private Sewer
Water source
Private
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
Living RoomFirst13x18
KitchenFirst10x10
Primary BedroomFirst12x16
Bedroom 2First12x12

Listing Details

Listing date
2025-06-17
On market date
2025-06-18
Original list price
$599,000
Occupant type
Tenant
MLS area
33946 - Placida
Listing AOR
Englewood
Status changed
2025-06-18
Tax legal description
PIV 000 0008 1813 PALM ISLAND VILLAGE BLDG 8 UN 1813 772/1389 1034/1858 PR94-969 1385/1239 1385/1238 1463/170 E2226/1999 3642/712 3964/2187 4202/1585 5012/1768

Flood risk

High riskFEMA Zone VEPanel 12015C0189G

Coastal high-hazard area (Zone V) with wave action. In a FEMA Special Flood Hazard Area — flood insurance is generally required by lenders.

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

Location

Directions

South on McCall Road to right on Placida Road to right on Panama Blvd. to 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 June 1, 2026 at 4:19 PM 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