$945,000
51 Palm Drive
Placida, FL 33946
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Welcome to 51 Palm Drive located on beautiful Palm Island, Florida. This waterfront island home offers the ultimate in coastal living, combining direct Gulf access, stunning sunset views, and the privacy of a barrier island lifestyle with over seven miles of pristine sandy beaches just moments away. Situated on an oversized corner lot, this 3-bedroom, 2-bath residence features a private dock on a saltwater canal with no bridges to the Gulf of Mexico—a true boater’s dream. Enjoy effortless days on the water with quick access to world-class fishing, boating, and island hopping. Inside, the home showcases an open-concept floor plan designed for relaxed coastal living, with a spacious great room, beautiful Spanish tile and wood flooring, and warm knotty pine walls and ceilings that create a classic island feel. The remodeled kitchen is both stylish and functional, featuring granite countertops, stainless steel energy-efficient appliances, under-cabinet lighting, wine rack, and a granite topped kitchen island perfect for entertaining. Wake up to Gulf views and breathtaking sunsets from the top-floor primary suite, complete with a beautifully updated travertine bathroom, dual vanities, garden tub and a rain shower. Outdoor living is just as inviting with a screened second-floor porch, fire pit, a charming hexagon deck nestled among mature palms, and lush Florida-friendly landscaping. Additional features include a metal roof with radiant barrier, 15 SEER Trane A/C system with UV light and connection to public water and cable—offering comfort, efficiency, and peace of mind. With ample room to add a pool and positioned as one of the best values for a 3-bedroom waterfront home with direct Gulf access on Palm Island, this property is ideal as a full-time residence, vacation home, or investment opportunity. Experience the beauty of Palm Island living—where nature, tranquility, and coastal luxury come together.
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 history71 days on market
- Status: ActiveMar 21, 2026
- Listed$995,000Mar 21, 2026
- Price reduced$945,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 71
- Subdivision
- Palm Island Estates 3rd Add
- County
- Charlotte
- Year built
- 1992
- Living area
- 1,839 sq ft
- Price/sq ft
- $514
- Building area
- 2,730 sq ft (Public Records)
- Lot size
- 12,375 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- 8AE (0189G)
- Annual taxes
- $15,032 (2025)
- Parcel #
- 412031478002
- Zoning
- BBI
- MLS #
- D6146695
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Ceramic Tile, Wood
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry
- Inside
- Stories / Levels
- Two
- Direction faces
- Northeast
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- HOA fee
- $60 / Annually
- Monthly HOA
- $5/mo
- Total monthly fees
- $5/mo
- Total annual fees
- $60
- 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
- Private Yard, Sliding Doors, Storage
- Construction materials
- Frame, Wood Siding
- Roof
- Metal
- Foundation
- Stilt/On Piling
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Dirt
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Water Connected
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 |
|---|---|---|
| Primary Bedroom | Third | 19x14 |
| Primary Bathroom | Third | 16x8 |
| Bedroom 2 | Second | 13x12 |
| Bedroom 3 | Second | 13x12 |
| Bathroom 2 | Second | 8x7 |
| Kitchen | Second | 18x11 |
| Great Room | Second | 22x20 |
Listing Details
- Listing date
- 2026-03-19
- On market date
- 2026-03-21
- Original list price
- $995,000
- Occupant type
- Tenant
- MLS area
- 33946 - Placida
- Listing AOR
- Englewood
- Status changed
- 2026-03-21
- Tax legal description
- PIE 003 000I 0017 PALM ISLAND ESTATES 3RD ADD BLK I LT 17 583/979 584/1128 802/1007 1084/1197 2589/1165 4432/1438
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Placida Rd. to Panama Blvd. to Palm Island Transit ferry to island. N. Gulf Blvd to right on Palm Drive. Home on the left.
More homes like this
$1,250,000
35-45 Sand Dollar Ln
Englewood, FL 34223
0.36 acres
Chadwick
MLS# N6142669
$599,000
2980 N Beach Rd #C2-4
Englewood, FL 34223
2 bd · 2 ba · 960 sqft
Admiralty Villas
MLS# D6147545
$599,000
7554 Palm Island Dr S #1813
Placida, FL 33946
2 bd · 2 ba · 1,232 sqft
Palm Island Village Bldg 08
MLS# D6142776
$839,000
4658 Arlington Dr
Placida, FL 33946
3 bd · 3 ba · 2,725 sqft
Cape Haze Windward
MLS# D6147639
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 31, 2026 at 2:59 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