Some places impress you the moment you arrive. Others change the way you live. Your journey home begins with a brief five-minute crossing aboard the Palm Island car ferry, where the pace of the mainland gives way to one of Florida’s most treasured and exclusive barrier islands—a place where the water sets the rhythm of the day, quiet beaches and protected waters create the backdrop, and a remarkable sense of tranquility becomes part of everyday life. Perfectly positioned on an oversized double lot between the protected harbor and the Gulf of Mexico, 550 North Gulf Boulevard offers one of Palm Island’s most desirable settings. Protected dockage with direct access to Lemon Bay, the Intracoastal Waterway, and the Gulf pairs effortlessly with deeded beach access just across the street—an uncommon combination that defines the property’s extraordinary appeal. The residence encompasses approximately 2,517 square feet with three bedrooms and two full bathrooms, offering a floor plan that balances comfortable everyday living with effortless entertaining. Extensive interior renovations have transformed the home’s main living spaces, highlighted by a beautifully appointed kitchen featuring custom cabinetry, premium appliances, generous workspace, and a large center island that naturally becomes the gathering place for family and friends. A custom entertaining bar complements the adjoining living and dining areas, creating an inviting space that flows seamlessly throughout the main level. Occupying the entire second floor, the owner’s suite provides exceptional privacy and generous living space. In addition to the spacious bedroom, the suite includes an adjoining office or sitting area, a generous walk-in closet, and the added convenience of a separate washer and dryer within the primary bathroom. Two private balconies—one facing east to welcome the sunrise and the other west to capture spectacular sunsets—offer peaceful places to enjoy the changing light while overlooking the pool and tropical landscape. Designed for entertaining as much as relaxation, the pool features a generous sun shelf and a built-in submerged table, creating an inviting setting for al fresco dining, afternoon refreshments, or sunset cocktails beneath mature palms and surrounded by lush tropical landscaping. The surrounding patios provide inviting spaces to gather with family and friends or simply unwind in the privacy of the island setting. For boaters, the waterfront amenities are exceptional. The composite dock is equipped with a covered 10,000lb boat lift and provides direct access to Lemon Bay, the Intracoastal Waterway, and the Gulf with no fixed bridges restricting your route to open water. A flexible workshop offers valuable space for boating equipment, fishing gear, hobbies, or additional storage. Whether the day begins with a sunrise walk along the Gulf beach, an afternoon on the water, or an evening watching the sunset from your private balcony, 550 North Gulf Boulevard offers more than an exceptional waterfront home—it offers the opportunity to experience Palm Island as it was meant to be lived.
Property Details
Property Features Property Features
MLS ID: MFRA4699916 Year Built: 1961
Accessibility Features: Accessible Entrance, Central Living Area Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
Architectural Style: Coastal, Key West Community Features: Golf Carts OK
Construction Materials: Block, HardiPlank Type Cooling: Central Air, Zoned
Country: US County Or Parish: Charlotte
Direction Faces: Southwest Exterior Features: Balcony, Lighting, Outdoor Grill, Private Yard, Rain Gutters, Sliding Doors
Fencing: Fenced, Vinyl, Wood Flooring: Bamboo, Ceramic Tile
Foundation Details: Slab Furnished: Negotiable
Heating: Central, Electric, Zoned Laundry Features: Laundry Room
Levels: Two Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Lot Features: Landscaped, Level, Oversized Lot, Private, Paved
Occupant Type: Owner Other Equipment: Private Yard
Other Structures: Shed(s), Workshop Parking Features: Circular Driveway, Driveway
Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, Screened Pets Allowed: Yes
Pool Features: Gunite, In Ground, Lighting Property Sub Type: Single Family Residence
Property Type: Residential Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt, Paved Roof: Metal
Security Features: Smoke Detector(s) Sewer: Septic Tank
Showing Requirements: 24 Hour Notice, Appointment Only, Listing Agent Must Accompany, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected Vegetation: Mature Landscaping, Trees/Landscaped
View: Water, Gulf/Ocean - Partial, Gulf/Ocean to Bay Water Source: Public
Waterfront Features: Bay/Harbor Window Features: Skylight(s), Insulated Windows, Storm Window(s), Window Treatments
Rooms Rooms
Living Room: 27x21 ft Dining Room: 20x18 ft
Kitchen: 14x19 ft Primary Bedroom: 21x23 ft
Bedroom 2: 14x14 ft Bathroom 3: 10x11 ft
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