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Overview

4 bd4 ba3,294 sqft1 car garageSingle Family
TypeSingle Family
HOANone listed
Built2008
Lot10,000 sqft
Living area3,294 sqft
Price / sqft$757
Garage1 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Crown MoldingEat-in KitchenElevatorHigh CeilingsPrimarybedroom UpstairsSolid Surface CountersSolid Wood Cabinets

63 Palm Dr is a 2008-built home in Palm Island Estates Un 3, Placida. Inside you'll find 4 bedrooms, 4 bathrooms, and 3,294 square feet of living space. Listed at $2,495,000 (about $757/sqft), 10 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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!

The essentials

Built
2008
Price / sqft
$757
On market
10 days
Annual tax
$26,954
Flood zone
AE
Lot
10,000 sqft
Type
Single Family Residence

At a glance

Single family
Built 2008
Waterfront
Canal - Saltwater
Private pool
Heated
1 car garage
Circular Driveway
10,000 sqft lot
Lot size

Payment

Est. monthly payment
$16,506/mo
Down payment (20%)
$499,000
Property taxes
$2,246/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2008
Lot
10,000 sqft
Cooling
Central Air, Zoned
Heating
Electric
Parking
Circular Driveway, Open, Portico, Workshop in Garage
Pool
Gunite, Heated, In Ground, Salt Water
Waterfront
Canal - Saltwater
Days on Market
10
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
Balcony
Lighting
Outdoor Shower
Rain Gutters
Storage
Built-in Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Electric Water Heater
Exhaust Fan
Ice Maker
Microwave
Washer
Water Filtration System
Elementary
Vineland Elementary
Middle
L.A. Ainger Middle
High
Lemon Bay High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$26,954
Parcel #
412028303001

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Palm Island Estates Un 3
County
Charlotte
MLS Area
33946 - Placida
Lot Size
10,000 sqft
LandscapedLevel

Price history

Date
Event
Price
10/1/2026
Listed for sale
Source: Stellar MLS #A4707092
$2,495,000
$757/sqft

Neighborhood

63 Palm Dr
Placida, FL, 33946 · 33946 - Placida

Market insights

Offer Insights

Choose an offer strength

List price: $2,495,000
$2.33M – $2.50M
93.3% – 100% of listTops out right at the list price
80% of listList price
80 of the last 159 home closings in 33946 landed at this number or higher (50%). The median one sat 81 days before it went under contract, and this one is on day 10.

Sample: 159 closed home sales in 33946 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$16,506/mo
Principal & interest$13,012
Property taxes$2,246
Insurance$1,248
Down payment20% · $499,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$2,495,000

$757 per sq ft

Beds and baths

4 beds, 4 baths

Size

3,294 sq ft

Time on market

10 days

Year built

2008

Monthly payment

About $16,506/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $26,954 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byGENEROUS PROPERTYListing agent: Mark LydaListing data from Stellar MLS, MLS# A4707092.

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