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About this home
7394 Palm Island Dr is a 2001-built home in Seaside 02 Land Condo, Placida. Inside you'll find 6 bedrooms, 6 bathrooms, and 4,612 square feet of living space. Listed at $3,100,000 (about $672/sqft), 1 days on market. Flood zone VE - confirm flood insurance requirements with your lender. HOA runs $914 quarterly.
Set directly on the Gulf of Mexico within the private, gated Palm Island Resort, this custom built coastal estate offers 6 bedrooms, 5.5 baths, and more than 4,600 sq ft of air conditioned living space—surrounded by breathtaking water views from both the Gulf and Lemon Bay. Recently refreshed with a 2026 exterior remodel, the home blends timeless architecture with the relaxed elegance of true island living. Accessible only by car ferry or private boat, Palm Island feels wonderfully removed from the mainland—quiet, natural, and reminiscent of a Caribbean island from decades past. Inside the resort, life shifts to golf cart only, whether you bring your own or call upon the bellman for concierge service. The island’s only restaurant sits just moments away, and 24 hour security watches over the community, even though only the sea turtles are up at night, nesting quietly under the moonlight. It’s a place where you truly leave your worries in the parking lot and step into perfect, uncomplicated paradise. Upon entering the home, you’re immediately drawn toward its most unforgettable feature—a sweeping expanse of Gulf water that fills the great room with shimmering light. The first floor offers generous living space with multiple sitting areas, a gas fireplace, dining, kitchen, utility room, two ensuite bedrooms, and a half bath. Warm wood floors anchor the main living areas, while the bedrooms feature soft carpeting and the bathrooms showcase distinctive custom tilework—details that quietly reflect the home’s custom design and the care that went into every element. Upstairs, four additional bedrooms include two Gulf front suites, each with window wrapped turret spaces rising to sculpted wood plank ceilings and capturing the horizon in unforgettable ways. Below the elevated living level, a full open ground floor offers secure golf cart parking, storage, and flexible space ready to be built out to suit your vision. Loved by one family and ready for another, this Gulf front sanctuary offers privacy, beauty, and a lifestyle found in only a few rare corners of the country—peaceful, natural, and beautifully unhurried.
The essentials
At a glance
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. 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
$3,100,000
$672 per sq ft
Beds and baths
6 beds, 6 baths
Size
4,612 sq ft
Time on market
91 days
Year built
2001
Monthly payment
About $20,417/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $28,737 annual tax bill, insurance, and the $914/qtr HOA fee.
HOA fee
$914/qtr
Managed by Rob Brown.
Flood zone
Zone VE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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