$949,900
120 Gasparilla Way
Placida, FL 33946
Listing updated: May 27, 2026 at 3:24 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
LOWEST PRICED SINGLE FAMILY HOME ON ISLAND W NO BRIDGES TO GULF FROM PRIVATE DOUBLE SIDED BOAT DOCK WITH WATER AND ELECTRIC. Experience the unmatched allure of Palm Island, one of Florida’s most secluded and luxurious coastal escapes. Please see Realtor remarks regarding assumable mortgage offered by seller at EXTREMELY ATTRACTIVE RATE. This seven-mile barrier island, nestled between Sarasota and Fort Myers on the Gulf Coast, is accessible only by car ferry—instantly creating an atmosphere of exclusivity and tranquility from the moment you arrive. Here, sugar-white beaches, serene harbors, winding lagoons, world-class fishing think prize Tarpon, and extraordinary shelling become the backdrop to a lifestyle defined by relaxation and natural beauty. Set on the intracoastal waterway, this stunning home offers approximately 1,800 square feet of inviting living space with three beautifully appointed bedrooms and two baths. The dramatic loft-style primary suite features a queen bed, its own sitting area with a convertible single, and even a full bed set within an expansive walk-in closet. The additional bedrooms provide generous accommodations, including two full beds in one room and a queen in the other, ensuring comfort for family and guests alike. The expansive great room elevates coastal living with its corner wood-burning coral fireplace, soaring vaulted ceilings, and a fully equipped kitchen boasting a gas cooktop—ideal for relaxed evenings or entertaining. Step onto the screened balcony for delightful peek-a-boo views of the canal and intracoastal, or retreat to the private third-floor terrace off the loft bedroom for a peaceful morning coffee high above the island. The property’s deep-water, double-sided dock—with both electric and water—invites you to launch into endless boating adventures. Below the home, a beautifully pavered area creates a breezy open-air retreat complete with an outdoor shower, offering even more space to enjoy island living. Palm Island’s charm extends beyond the home with the beloved Rum Bay Restaurant, its adjacent ice cream shop, and the island’s signature amenities including kayak, paddleboard, and golf cart rentals. The ferry runs daily, offering seamless access to your private sanctuary—just drive aboard, cross the water, and step into a world where life slows down and serenity takes center stage. Palm Island is more than a destination; it is a truly extraordinary place to call home.
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 history121 days on market
- Status: ActiveJan 26, 2026
- Listed$999,999Jan 26, 2026
- Price reduced$949,900
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 121
- Subdivision
- Palm Island Ests
- County
- Charlotte
- Year built
- 2003
- Living area
- 1,865 sq ft
- Price/sq ft
- $509
- Building area
- 2,676 sq ft (Owner)
- Lot size
- 20,560 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12015C0352G)
- Annual taxes
- $10,276 (2025)
- Parcel #
- 412033128009
- Zoning
- RSF3.5
- MLS #
- A4679720
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Ceramic Tile, Luxury Vinyl, Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Interior features
- Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry
- Inside, Laundry Chute, Laundry Room
- Stories / Levels
- Two
- Direction faces
- East
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Covered, Driveway, Golf Cart Parking, Basement
- Carport
- Yes
HOA & Financial
- HOA fee
- $125 / Annually
- Monthly HOA
- $10/mo
- Total monthly fees
- $10/mo
- Total annual fees
- $125
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Balcony, Lighting, Outdoor Shower, Sliding Doors
- Construction materials
- Frame
- Roof
- Metal
- Foundation
- Stilt/On Piling
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Gravel
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Cable Available, Cable Connected, Electricity Connected, Propane, Underground Utilities
Community
- Pets allowed
- 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 |
|---|---|---|
| Bedroom 2 | Second | 11x10 |
| Bedroom 3 | Second | 11x10 |
| Great Room | Second | 14x15 |
| Kitchen | Second | 15x8 |
| Living Room | Second | 14x15 |
| Primary Bathroom | Third | |
| Primary Bedroom | Third | 17x12 |
| Balcony/Porch/Lanai | Second | 15x8 |
Listing Details
- Listing date
- 2026-01-26
- On market date
- 2026-01-26
- Original list price
- $999,999
- Occupant type
- Vacant
- MLS area
- 33946 - Placida
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-01-26
- Tax legal description
- PALM ISLAND ESTS UNIT 4 BLK E LT 12 671/1643 740/2133 742/302 894/239 914/1583 942/1796 E1023/1092
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
Ferry only island. Winchester Road to South on Placida, to right onto Panama, take ferry across to Palm Island, then N Gulf to left on S Gulf to left on Bocilla to left on Gasparilla Way, house on left.
More homes like this
$599,900
940 Boundary Blvd
Rotonda West, FL 33947
3 bd · 2 ba · 1,830 sqft
Rotonda White Marsh
MLS ID #D6147749
Listing provided by Stellar MLS
$617,000
216 Rotonda Blvd E
Rotonda West, FL 33947
3 bd · 2 ba · 2,425 sqft
Rotonda West White Marsh
MLS ID #N6144543
Listing provided by Stellar MLS
$599,999
772 Rotonda Cir
Rotonda West, FL 33947
4 bd · 4 ba · 2,483 sqft
Rotonda West
MLS ID #C7527311
Listing provided by Stellar MLS
$669,000
2810 N Beach Rd #108
Englewood, FL 34223
2 bd · 2 ba · 993 sqft
Lacoquina Beach Bldg D
MLS ID #N6144698
Listing provided by Stellar MLS
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 May 27, 2026 at 3:24 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