4 Beds
4 Baths
3,294 SqFt
4 Beds
4 Baths
3,294 SqFt
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 $573
Subdivision Palm Island Estates Un 3
MLS Listing ID N6138903
Bedrooms 4
Full Baths 2
Half Baths 2
Construction Status Completed
HOA Y/N No
Year Built 2008
Annual Tax Amount $31,677
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 80x125
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Nestled on exclusive Palm Island, this stunning waterfront retreat offers direct canal access to the Intracoastal Waterway and the Gulf of Mexico, combining privacy, tranquility, and the effortless elegance of coastal living. Built with durable concrete block construction—one of the few homes on the island with this level of strength—this residence was designed to stand the test of time while offering complete peace of mind.
Income-Producing Opportunity on Palm Island
This exceptional Palm Island property offers outstanding income potential, with the current owners successfully generating up to $850 a night in rental revenue. With no HOA fees and no minimum rental restrictions, this home provides rare flexibility for short-term or long-term leasing—making it an ideal investment, vacation rental, or personal retreat with strong cash-flow potential. Whether you choose to continue its proven rental success or enjoy it as your own private island getaway, this property delivers both lifestyle and income in one unique offering.
Completely renovated with numerous high-end upgrades and modern finishes, the home showcases a refined, move-in-ready interior where thoughtful design meets timeless coastal sophistication. Inside, you'll find four generously sized bedrooms, two full bathrooms, and two half baths, along with updated flooring that gives the home a fresh and contemporary feel. The chef's kitchen features granite countertops, custom wood cabinetry, stainless steel appliances, and a beautifully upgraded island—perfect for enjoying a quiet breakfast before a day on the water.
Step outside to a resort-style pool area designed for seamless indoor-outdoor living. Expansive terraces provide breathtaking panoramic views and create the perfect setting for relaxing or entertaining while embracing the peaceful beauty of island life.
For boating enthusiasts, the property offers exceptional waterfront amenities including a 16,000-lb boat lift and a brand-new jet ski lift, providing easy access to endless days on the water. A private beach is just moments away, where you can enjoy paddle boarding, kayaking, fishing, or simply soaking in the serenity of the Gulf.
An additional highlight is the adjacent lot available for purchase, presenting a rare opportunity to expand your private oasis, build a guest house, or create a multi-home estate—an exceptional investment and lifestyle opportunity seldom available on Palm Island.
Additional features include brand-new high-efficiency A/C units and a convenient elevator for comfort and accessibility.
Accessible by a short ferry ride or private boat, this remarkable property offers the ultimate balance of seclusion, luxury, and coastal adventure. Whether you are searching for a private island retreat, a waterfront escape for family and guests, or a secure and tranquil sanctuary away from the everyday, this Palm Island residence offers a lifestyle few properties can match.
Welcome to a life of sun, serenity, and island living.
Location
State FL
County Charlotte
Community Palm Island Estates Un 3
Area 33946 - Placida
Zoning BBI
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 Carpet, Ceramic Tile, Luxury Vinyl, Wood
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, French Doors, 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
Roof Type Tile
Porch Covered, Deck, Front Porch, Patio, Porch, Side Porch, Wrap Around
Attached Garage true
Garage true
Private Pool Yes
Building
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,ICFs (Insulated Concrete Forms),Stucco
New Construction false
Construction Status Completed
Schools
High Schools Lemon Bay High
Others
Pets Allowed Cats OK, Dogs OK, Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/N6138903
Realtor® / Broker Owner | License ID: BK3233641
+1(352) 400-0188 | normanlongfellow@gmail.com