7394 Palm Island Drive, FL7394 Palm Island Drive, FL7394 Palm Island Drive, FL
Stellar MLS
1 / 85

$3,100,000

7394 Palm Island Drive

Placida, FL 33946

Listing updated: August 15, 2026 at 6:51 AM ET

Active
Stellar MLSListing courtesy of Michael Saunders & Company · Marcia Cullinan · MLS #D6148065 · Active · 941-473-7750
6
Beds
6
Baths
4,612
Sq Ft
0.24
Acres
2001
Built
WaterfrontWater accessFireplace$672/sqft
Single Family Residence

Property type

2001

Year built

10,290 sqft

Lot size

$672

Price / sq ft

$305/mo

HOA dues

1

Day on market

VE

Flood zone

About this home

Set directly on the Gulf of Mexico within the private, gated Palm Island Resort, this custom built coastal estate offers 6 bedrooms, 5.5 baths, and more than 4,600 sq ft of air conditioned living space—surrounded by breathtaking water views from both the Gulf and Lemon Bay. Recently refreshed with a 2026 exterior remodel, the home blends timeless architecture with the relaxed elegance of true island living. Accessible only by car ferry or private boat, Palm Island feels wonderfully removed from the mainland—quiet, natural, and reminiscent of a Caribbean island from decades past. Inside the resort, life shifts to golf cart only, whether you bring your own or call upon the bellman for concierge service. The island’s only restaurant sits just moments away, and 24 hour security watches over the community, even though only the sea turtles are up at night, nesting quietly under the moonlight. It’s a place where you truly leave your worries in the parking lot and step into perfect, uncomplicated paradise. Upon entering the home, you’re immediately drawn toward its most unforgettable feature—a sweeping expanse of Gulf water that fills the great room with shimmering light. The first floor offers generous living space with multiple sitting areas, a gas fireplace, dining, kitchen, utility room, two ensuite bedrooms, and a half bath. Warm wood floors anchor the main living areas, while the bedrooms feature soft carpeting and the bathrooms showcase distinctive custom tilework—details that quietly reflect the home’s custom design and the care that went into every element. Upstairs, four additional bedrooms include two Gulf front suites, each with window wrapped turret spaces rising to sculpted wood plank ceilings and capturing the horizon in unforgettable ways. Below the elevated living level, a full open ground floor offers secure golf cart parking, storage, and flexible space ready to be built out to suit your vision. Loved by one family and ready for another, this Gulf front sanctuary offers privacy, beauty, and a lifestyle found in only a few rare corners of the country—peaceful, natural, and beautifully unhurried.

Estimated monthly payment

Principal & interest$15,675
Property taxes$2,395
Home insurance (est.)$1,421
HOA dues$305

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 history1 days on market

  1. Status: Active
    Aug 14, 2026
  2. Listed$3,100,000
    Aug 14, 2026
  3. Price increased$3,100,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
1
Subdivision
Seaside 02 Land Condo
County
Charlotte
Year built
2001
Living area
4,612 sq ft
Price/sq ft
$672
Building area
5,424 sq ft (Public Records)
Lot size
10,290 sq ft
Lot category
0 to less than 1/4
Flood zone
VE (12015C0189G)
Annual taxes
$28,737 (2025)
Parcel #
412031532009
Zoning
PD
MLS #
D6148065

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Interior Details

Bedrooms
6
Full bathrooms
5
Half bathrooms
1
Flooring
Carpet, Tile, Wood
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System
Interior features
Built-in Features, Ceiling Fans(s), Crown Molding, High Ceilings, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry
Inside, Laundry Room
Stories / Levels
Two
Direction faces
Northeast
Fireplace
Yes

Heating & Cooling

Heating
Central, Electric, Propane, Zoned
Cooling
Central Air, Zoned

Parking

Parking features
Golf Cart Parking, Basement

HOA & Financial

HOA fee
$914 / Quarterly
Monthly HOA
$305/mo
Total monthly fees
$538/mo
Total annual fees
$6,456
HOA name
Rob Brown
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Must use on site resort rental management company.

Exterior & Construction

Exterior features
Balcony, Outdoor Shower, Rain Gutters, Sliding Doors
Construction materials
Vinyl Siding
Roof
Metal
Foundation
Stilt/On Piling
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Gravel

Utilities

Sewer
Private Sewer
Water source
Public
Utilities
Electricity Connected, Underground Utilities, Water Connected

Community

Pets allowed
Yes

Schools

ElementaryVineland ElementaryGreatSchools ↗
MiddleL.A. Ainger MiddleGreatSchools ↗
High SchoolLemon Bay HighGreatSchools ↗

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

RoomLevelDimensions
Primary BathroomSecond13.5x12
Bedroom 5Second15x17
Bedroom 4Second15.5x24
Bedroom 3Second21x23.5
Primary BedroomSecond21x31
Bedroom 2First16x15
Bedroom 1First13x15
FoyerFirst8x23
LaundryFirst12x11
KitchenFirst16x14.5
Great RoomFirst44x27.5

Listing Details

Listing date
2026-07-10
On market date
2026-08-14
Original list price
$3,100,000
Occupant type
Owner
MLS area
33946 - Placida
Listing AOR
Englewood
Status changed
2026-08-14
Tax legal description
SS2 000 0000 0009 SEASIDE II LAND CONDO LT 9 & P9 .24 AC. M/L 1091/1845 1154/2191CD AFF1383/1469 1418/471 1699/1989 E2226/1515 3920/1598 4757/28 4757/30 4757/32 AFF4757/35 4787/1530

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

From 776 and Placida Rd turn onto Panama Blvd. Take the Car ferry to the island. Once on the island take N. Gulf Blvd to the end until you get to Palm Island Resort. Park in the lot and golf cart to home. List Agent will assist if you are not familiar.

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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 August 15, 2026 at 6:51 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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