63 PALM DR, PLACIDA, FL, 33946
$2,495,000
Residential
Bedrooms
4
Bathrooms
4
Living Area
3,294 Sqft
Lot Size
10,000 Sqft
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!
Property Details
Property Features Property Features
MLS ID: MFRA4707092 Year Built: 2008
Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Filtration System Architectural Style: Mediterranean
Construction Materials: Block, Concrete, Stucco Cooling: Central Air, Zoned
Country: US County Or Parish: Charlotte
Direction Faces: Southwest Exterior Features: Balcony, Lighting, Outdoor Shower, Rain Gutters, Storage
Fencing: Vinyl Flooring: Luxury Vinyl, Tile, Wood
Foundation Details: Block, Stilt/On Piling Furnished: Negotiable
Green Energy Efficient: Appliances, HVAC, Thermostat Heating: Electric
Laundry Features: Laundry Chute, Laundry Room Levels: Two
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Lot Features: Landscaped, Level Occupant Type: Vacant
Parking Features: Circular Driveway, Open, Portico, Workshop in Garage Patio And Porch Features: Covered, Deck, Front Porch, Patio, Porch, Side Porch, Wrap Around
Pets Allowed: Cats OK, Dogs OK, Yes Pool Features: Gunite, Heated, In Ground, Salt Water
Possession: Close Of Escrow Property Condition: Completed
Property Sub Type: Single Family Residence Property Type: Residential
Road Surface Type: Limerock Roof: Tile
Sewer: Septic Tank Showing Requirements: Listing Agent Must Accompany, ShowingTime
Spa Features: Heated, In Ground Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected View: Water, Gulf/Ocean - Partial
Water Source: Public Waterfront Features: Canal - Saltwater
Rooms Rooms
Living Room: 18x20 ft Kitchen: 14x19 ft
Dining Room: 13x18 ft Dinette: 10x13 ft
Primary Bedroom: 19x24 ft Primary Bathroom: 19x24 ft
Bedroom 2: 13x19 ft Bedroom 3: 11x19 ft
Bedroom 4: 11x21 ft Balcony/Porch/Lanai: 12x60 ft
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