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For sale
    • Price cut: $50K (5/31)
    $945,000

    51 Palm Dr, Placida, FL 33946

    3beds
    1,839sqft
    : 
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    Single Family Residence
    Built in 1992
    0.28 Acres Lot
    $-- Zestimate®
    $514/sqft
    $5/mo HOA

    What's special

    Direct gulf accessBeautifully updated travertine bathroomGranite countertopsScreened second-floor porchStunning sunset viewsOversized corner lotGarden tub
    Welcome to 51 Palm Drive located on beautiful Palm Island, Florida. This waterfront island home offers the ultimate in coastal living, combining direct Gulf access, stunning sunset views, and the privacy of a barrier island lifestyle with over seven miles of pristine sandy beaches just moments away. Situated on an oversized corner lot, this 3-bedroom, 2-bath residence features a private dock on a saltwater canal with no bridges to the Gulf of Mexico—a true boater’s dream. Enjoy effortless days on the water with quick access to world-class fishing, boating, and island hopping. Inside, the home showcases an open-concept floor plan designed for relaxed coastal living, with a spacious great room, beautiful Spanish tile and wood flooring, and warm knotty pine walls and ceilings that create a classic island feel. The remodeled kitchen is both stylish and functional, featuring granite countertops, stainless steel energy-efficient appliances, under-cabinet lighting, wine rack, and a granite topped kitchen island perfect for entertaining. Wake up to Gulf views and breathtaking sunsets from the top-floor primary suite, complete with a beautifully updated travertine bathroom, dual vanities, garden tub and a rain shower. Outdoor living is just as inviting with a screened second-floor porch, fire pit, a charming hexagon deck nestled among mature palms, and lush Florida-friendly landscaping. Additional features include a metal roof with radiant barrier, 15 SEER Trane A/C system with UV light and connection to public water and cable—offering comfort, efficiency, and peace of mind. With ample room to add a pool and positioned as one of the best values for a 3-bedroom waterfront home with direct Gulf access on Palm Island, this property is ideal as a full-time residence, vacation home, or investment opportunity. Experience the beauty of Palm Island living—where nature, tranquility, and coastal luxury come together.
    118 days
    |
    445
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Haynes 941-270-1325,

    TARPON REAL ESTATE, INC. 941-697-7575

    Source: Stellar MLS,MLS#: D6146695MLS LogoOriginating MLS: Englewood

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Third
      • Area: 266 Square Feet
      • Dimensions: 19x14
      Bedroom 2
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Bedroom 3
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Primary bathroom
      • Features: Garden Bath, Rain Shower Head
      • Level: Third
      • Area: 128 Square Feet
      • Dimensions: 16x8
      Bathroom 2
      • Level: Second
      • Area: 56 Square Feet
      • Dimensions: 8x7
      Great room
      • Level: Second
      • Area: 440 Square Feet
      • Dimensions: 22x20
      Kitchen
      • Level: Second
      • Area: 198 Square Feet
      • Dimensions: 18x11
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside
      Features
      • Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Ceramic Tile, Hardwood
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 2,730
      • Total interior livable area: 1,839 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Carport spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck
      • Exterior features: Private Yard, Storage
      • Has view: Yes
      • View description: Water, Canal, Gulf/Ocean - Partial
      • Has water view: Yes
      • Water view: Water,Canal,Gulf/Ocean - Partial
      • Waterfront features: Canal - Saltwater, Saltwater Canal Access, Bridges - No Fixed Bridges, Lift, Sailboat Water
      • Body of water: YACHT BASIN- LEMON BAY
      Lot
      • Size: 0.28 Acres
      • Dimensions: 53.5 x 125 x 126 x 125
      • Features: In County, Irregular Lot, Oversized Lot
      • Residential vegetation: Trees/Landscaped
      Details
      • Parcel number: 412031478002
      • Zoning: BBI
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Raised
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1992

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: PALM ISLAND ESTATES 3RD ADD
      HOA
      • Has HOA: Yes
      • HOA fee: $5 monthly
      Location
      • Region: Placida

      Financial & listing details

      • Price per square foot: $514/sqft
      • Tax assessed value: $817,101
      • Annual tax amount: $15,032
      • Date on market: 3/21/2026
      • Cumulative days on market: 119 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Unimproved, Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/31/2026Price change$945,000-5%$514/sqft
        Source: Stellar MLS #D6146695 Report a problem
        3/21/2026Listed for sale$995,000-20.4%$541/sqft
        Source: Stellar MLS #D6146695 Report a problem
        10/2/2025Listing removed$1,250,000$680/sqft
        Source: Stellar MLS #D6136882 Report a problem
        3/20/2025Price change$1,250,000-9.1%$680/sqft
        Source: Stellar MLS #D6136882 Report a problem
        1/30/2025Price change$8,400+300%$5/sqft
        Source: Stellar MLS #D6139864 Report a problem
        1/23/2025Listed for rent$2,100-61.8%$1/sqft
        Source: Stellar MLS #D6139864 Report a problem
        6/14/2024Listed for sale$1,375,000+113.2%$748/sqft
        Source: Stellar MLS #D6136882 Report a problem
        9/17/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/17/2022Listed for rent$5,500-12.7%$3/sqft
        Source: Zillow Rental Manager Report a problem
        6/1/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/12/2022Listed for rent$6,300$3/sqft
        Source: Zillow Rental Manager Report a problem
        4/30/2019Sold$645,000-4.4%$351/sqft
        Source: Public Record Report a problem
        3/9/2019Pending sale$675,000$367/sqft
        Source: RE/MAX Anchor Realty #D6102271 Report a problem
        9/10/2018Listed for sale$675,000-3.6%$367/sqft
        Source: DENNIS JOHNSON REALTY #D6102271 Report a problem
        10/24/2017Listing removed$699,900$381/sqft
        Source: DENNIS JOHNSON REALTY #D5916700 Report a problem
        3/13/2017Price change$699,900-1.8%$381/sqft
        Source: DENNIS JOHNSON REALTY #D5916700 Report a problem
        2/6/2017Listed for sale$713,000-4.9%$388/sqft
        Source: DENNIS JOHNSON REALTY #D5916700 Report a problem
        11/24/2004Sold$750,000$408/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,032 -2.1%$817,101 +8%
        2024$15,350 +1.3%$756,393 +10%
        2023$15,151 +14.2%$687,630 +10%
        2022$13,263 +14.5%$625,118 +10%
        2021$11,586 +0.7%$568,289 +1.3%
        2020$11,505 +52.6%$561,106 +46.7%
        2019$7,541 +5.9%$382,562 +1.9%
        2018$7,119 $375,429 +2.1%
        2017$7,119 +4.1%$367,707 +2.1%
        2016$6,836 +0.2%$360,144 +0.8%
        2015$6,824 -0.7%$357,340 +0.8%
        2014$6,872 +9.7%$354,504 -4.1%
        2013$6,266 +1.4%$369,609 -24.6%
        2012$6,180 -26.2%$490,323
        2011$8,376 -3.8%$490,323 -2%
        2010$8,703 +9.8%$500,483 +2.7%
        2009$7,925 $487,325
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33946

        Getting around

        10 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Vineland Elementary
        • Middle: L.A. Ainger Middle
        • High: Lemon Bay High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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