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Grand Homes Real Estate
63 Palm Drive, Placida, FL 33946
- $2,495,000
- 4
- BD
- 4
- BA
- 3,294
- SqFt
- List Price
- $2,495,000
- Status
- Active
- Days on Market
- 1
- MLS#
- A4707092
- Property Style
- Single Family
- Architectural Style
- Mediterranean
- Year Built
- 2008
- Bedrooms
- 4
- Bathrooms
- 4
- Baths Half
- 2
- Living Area
- 3,294
- Lot Size
- 10,000
- Acres
- 0.23
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Palm Island Estates Un 3
- Community Name
- Palm Island Estates
- MLS Area Major
- Placida
Property Description
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!
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Additional Information
- Taxes
- $26954
- Minimum Lease
- No Minimum
- Location
- Landscaped, Level
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- RMF-T/MULT
- Interior Layout
- 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
- 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
- Floor
- 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
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air, Zoned
- Exterior Construction
- Block, Concrete, Stucco
- Exterior Features
- Balcony, Lighting, Outdoor Shower, Rain Gutters, Storage
- Roof
- Tile
- Foundation
- Block, Stilt/On Piling
- Pool
- Private
- Pool Type
- Gunite, Heated, In Ground, Salt Water
- Garage Carport
- 1 Car Garage
- Garage Spaces
- 1
- Garage Features
- Circular Driveway, Open, Portico, Workshop in Garage
- Garage Dimensions
- 15x22
- Elementary School
- Vineland Elementary
- Middle School
- L.A. Ainger Middle
- High School
- Lemon Bay High
- Fences
- Vinyl
- Water Name
- T-Canal
- Water Extras
- Lift, Sailboat Water
- Water View
- Canal, Gulf/Ocean - Partial
- Water Access
- Canal - Saltwater
- Water Frontage
- Canal - Saltwater
- Pets
- Allowed
- Pet Size
- Extra Large (101+ Lbs.)
- Flood Zone Code
- AE
- Parcel ID
- 412028303001
- Legal Description
- PIE 003 000I 0023 PALM ISLAND ESTS UN 3 BLK I LT 23 1755/1436 2765/176 2807/1000 CT4204/1153
Listing courtesy of GENEROUS PROPERTY. 941-275-9399
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