UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,294 sqft
Price per Sqft $757
Subdivision Palm Island Estates Un 3
MLS Listing ID A4707092
Bedrooms 4
Full Baths 2
Half Baths 2
Construction Status Completed
HOA Y/N No
Year Built 2008
Annual Tax Amount $26,954
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 80x125
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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!
Location
State FL
County Charlotte
Community Palm Island Estates Un 3
Area 33946 - Placida
Zoning RMF-T/MULT
Interior
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
Heating Electric
Cooling Central Air, Zoned
Flooring Luxury Vinyl, Tile, Wood
Furnishings Negotiable
Fireplace false
Appliance Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Filtration System
Laundry Laundry Chute, Laundry Room
Exterior
Exterior Feature Balcony, Lighting, Outdoor Shower, Rain Gutters, Storage
Parking Features Circular Driveway, Open, Portico, Workshop in Garage
Garage Spaces 1.0
Fence Vinyl
Pool Gunite, Heated, In Ground, Salt Water
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Waterfront Description Canal - Saltwater
View Y/N Yes
Water Access Yes
Water Access Desc Canal - Saltwater
View Water, Gulf/Ocean - Partial
Roof Type Tile
Porch Covered, Deck, Front Porch, Patio, Porch, Side Porch, Wrap Around
Attached Garage true
Exposure Southwest
Garage true
Private Pool Yes
Building
Lot Description Landscaped, Level
Story 2
Entry Level Two
Foundation Block, Stilt/On Piling
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Architectural Style Mediterranean
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Completed
Schools
Elementary Schools Vineland Elementary
Middle Schools L.A. Ainger Middle
High Schools Lemon Bay High
Others
Pets Allowed Cats OK, Dogs OK, Yes
Senior Community No
Pet Size Extra Large (101+ Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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