$250,000
40 Gulf Boulevard
Placida, FL 33946
Listing updated: June 18, 2026 at 10:04 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Build your dream coastal retreat and/or unlock exceptional vacation rental income potential on this spectacular waterfront homesite in Palm Island Estates. Imagine owning a modern island getaway just steps from the shoreline, where guests seek the rare experience of escaping the mainland and embracing a relaxed beach lifestyle. Accessible primarily by ferry, this exclusive island community is a world away from traffic and crowds, where golf carts, bicycles, kayaks, and paddleboards are the preferred way to explore. The property boasts over 150 feet of waterfront frontage, offering breathtaking views and direct access to endless outdoor adventures. Experience the coveted Gulf-to-Bay lifestyle with seven miles of pristine sandy beaches just moments away. Spend your days boating, fishing, kayaking, paddleboarding, shelling, or simply relaxing by the water before enjoying unforgettable sunsets from your own backyard. Boaters will appreciate the quick access to the Intracoastal Waterway and the Gulf of Mexico, making this an ideal destination for waterfront enthusiasts. Whether you're creating a private island sanctuary, a luxury vacation rental, or both, this unique property offers the opportunity to capitalize on one of Southwest Florida's most desirable and limited waterfront destinations.
Local Insight
At $61 per square foot for a waterfront lot in a desirable Gulf-facing community, you're getting competitive pricing, but the VE flood zone designation means mandatory flood insurance and strict building codes that will significantly increase construction costs—factor 15-25% more than standard builds. The 0.09-acre size is tight for most residential builds and limits your design options, so verify setback requirements and what the local building department will actually permit before committing. This location works best as a teardown play or for someone with specific architectural plans already vetted with the county.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history0 days on market
- Status: ActiveJun 18, 2026
- Listed$250,000Jun 18, 2026
- Price increased$250,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- Subdivision
- Palm Island Ests
- County
- Charlotte
- Price/sq ft
- $61
- Lot size
- 4,082 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- VE (12015C0352F)
- Annual taxes
- $5,150 (2025)
- Parcel #
- 412033154007
- Zoning
- BBI
- MLS #
- TB8518144
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Interior Details
- Direction faces
- West
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Other, Unimproved
Utilities
- Sewer
- Septic Needed
- Water source
- Public
- Utilities
- Cable Available, Electrical Nearby, Telephone Nearby, Water Nearby
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.
Listing Details
- Listing date
- 2026-06-14
- On market date
- 2026-06-18
- Original list price
- $250,000
- MLS area
- 33946 - Placida
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-18
- Tax legal description
- PALM ISLAND ESTS UN4 BLK B THE S 150 FT LT 1 252/598 710/1826-28 772/1329 924/1101 995/395 1858/356
Flood risk
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
Go to 2000 Panama dr. then take ferry to S Gulf Blvd. Go over the bridge and the lot is the first lot immediately on the left. You'll see our real estate sign.
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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 June 18, 2026 at 10:04 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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