63 Palm Drive, FL
Stellar MLS
1 / 1

$2,495,000

63 Palm Drive

Placida, FL 33946

Listing updated: October 2, 2026 at 9:24 AM ET

Active
Stellar MLSListing courtesy of Generous Property · Mark Lyda · MLS #A4707092 · Active · 941-275-9399
4
Beds
4
Baths
3,294
Sq Ft
0.23
Acres
2008
Built
◆Waterfront◆Water access◆Private pool◆$757/sqft
Single Family Residence

Property type

2008

Year built

10,000 sqft

Lot size

$757

Price / sq ft

No HOA

HOA dues

1

Day on market

1

Garage space

AE

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

Principal & interest$12,616
Property taxes$2,246
Home insurance (est.)$1,144

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
    Oct 1, 2026
  2. Listed$2,495,000
    Oct 1, 2026
  3. 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

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
Living RoomFirst18x20
KitchenFirst14x19
Dining RoomFirst13x18
DinetteFirst10x13
Primary BedroomSecond19x24
Primary BathroomSecond19x24
Bedroom 2Second13x19
Bedroom 3Second11x19
Bedroom 4Second11x21
Balcony/Porch/LanaiFirst12x60

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

High riskFEMA Zone AEPanel 12015C0189G

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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Based on information submitted to the MLS GRID as of October 2, 2026 at 9:24 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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