
$2,495,000
63 Palm Drive
Placida, FL 33946
Listing updated: October 2, 2026 at 9:24 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Garage space
Flood zone
About this home
PRIVATE ISLAND LIVING WITH WATERFRONT ACCESS & INCOME POTENTIAL! Welcome to Palm Island, where life moves at a different pace. Accessible by ferry or private boat, this exceptional waterfront residence offers a rare opportunity to own a piece of one of Florida’s most secluded coastal settings. Positioned along a Deep Canal with direct access to the Intracoastal Waterway and Gulf of Mexico (No Bridges), the property blends boating convenience, privacy, and an unmistakable sense of escape. Built with durable concrete block construction, this is one of the few homes on Palm Island offering this level of structural integrity. The residence has been extensively renovated with quality upgrades and contemporary finishes, creating a turnkey environment equally suited to full-time living, vacation use, or investment. The spacious interior features 4 Bedrooms, 2 Full and 2 Half Baths, complemented by updated flooring and a fresh coastal aesthetic. At the heart of the home, the beautifully renovated kitchen pairs granite countertops, custom wood cabinetry, stainless-steel appliances and an upgraded center island—an inviting gathering place before heading out for another day on the water. Outside, the experience becomes distinctly resort-like. A private pool is surrounded by expansive terraces designed for entertaining, relaxing and taking in the panoramic waterfront surroundings. The property’s boating amenities are equally impressive, featuring a 16,000-lb. boat lift and brand-new jet ski lift, making access to the waterways effortless. And when the Gulf calls, a private beach just moments away provides the perfect setting for paddleboarding, kayaking, fishing or simply enjoying the quiet beauty of the coast. Additional features include Newer high-efficiency A/C systems and an ELEVATOR providing convenient access throughout the home. **A RARE INCOME OPPORTUNITY** Beyond its lifestyle appeal, this property offers an attractive rental opportunity. The current owners have successfully generated up to $850 per night in rental revenue. With no HOA fees and no minimum rental restrictions, the property offers flexibility rarely found in a private island setting. Continue the established rental model, use it as a vacation property, or enjoy the flexibility of combining personal use with income generation. An adjacent lot is also available for purchase, creating an unusual opportunity to expand the property, add a guest residence, or establish a larger private compound. From morning coffee overlooking the canal to afternoons spent on the Gulf, this is more than a waterfront home—it is an invitation to embrace a distinctly different way of living. Private, peaceful and surrounded by water, Palm Island offers the rare combination of seclusion, recreation and investment potential. COME DISCOVER YOUR OWN PRIVATE CORNER OF THE GULF COAST!
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 history1 days on market
- Status: ActiveOct 1, 2026
- Listed$2,495,000Oct 1, 2026
- Price increased$2,495,000
Property Documents
Documents the listing agent has made public for this property. Free to view and download.
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Subdivision
- Palm Island Estates Un 3
- County
- Charlotte
- Year built
- 2008
- Living area
- 3,294 sq ft
- Price/sq ft
- $757
- Building area
- 5,300 sq ft (Owner)
- Lot size
- 10,000 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12015C0189G)
- Garage
- 1 spaces
- Pool
- Private pool
- Annual taxes
- $26,954 (2025)
- Parcel #
- 412028303001
- Zoning
- RMF-T/MULT
- MLS #
- A4707092
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 2
- Half bathrooms
- 2
- Flooring
- Luxury Vinyl, Tile, Wood
- Appliances
- Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Filtration System
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry
- Laundry Chute, Laundry Room
- Stories / Levels
- Two
- Direction faces
- Southwest
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air, Zoned
Parking
- Garage spaces
- 1
- Attached garage
- Yes
- Parking features
- Circular Driveway, Open, Portico, Workshop in Garage
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- 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
- Balcony, Lighting, Outdoor Shower, Rain Gutters, Storage
- Construction materials
- Block, Concrete, Stucco
- Roof
- Tile
- Foundation
- Block, Stilt/On Piling
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Limerock
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, 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 |
|---|---|---|
| Living Room | First | 18x20 |
| Kitchen | First | 14x19 |
| Dining Room | First | 13x18 |
| Dinette | First | 10x13 |
| Primary Bedroom | Second | 19x24 |
| Primary Bathroom | Second | 19x24 |
| Bedroom 2 | Second | 13x19 |
| Bedroom 3 | Second | 11x19 |
| Bedroom 4 | Second | 11x21 |
| Balcony/Porch/Lanai | First | 12x60 |
Listing Details
- Listing date
- 2026-10-01
- On market date
- 2026-10-01
- Original list price
- $2,495,000
- Occupant type
- Vacant
- MLS area
- 33946 - Placida
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-10-01
- Tax legal description
- PIE 003 000I 0023 PALM ISLAND ESTS UN 3 BLK I LT 23 1755/1436 2765/176 2807/1000 CT4204/1153
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
From Placida Road turn to Panama Blvd., and keep driving to the car ferry landing for Palm Island Transit Ferry.
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