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For sale
  • $2,495,000

    63 PALM DRIVE, PLACIDA, FL 33946

    4beds
    3,294sqft
    : 
    $16,389/mo
    Get pre-qualified
    Single Family Residence
    Built in 2008
    10,000 Square Feet Lot
    $-- Zestimate®
    $757/sqft
    $-- HOA

    What's special

    Beautifully renovated kitchenGranite countertopsWaterfront residenceBrand-new jet ski liftFresh coastal aestheticPanoramic waterfront surroundingsUpdated flooring
    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!
    20 days
    329
    19

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Lyda 941-586-2670,

    GENEROUS PROPERTY 941-275-9399

    Source: Stellar MLS,MLS#: A4707092MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 456 Square Feet
      • Dimensions: 19x24
      Bedroom 2
      • Features: No Closet
      • Level: Second
      • Area: 247 Square Feet
      • Dimensions: 13x19
      Bedroom 3
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 209 Square Feet
      • Dimensions: 11x19
      Bedroom 4
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 231 Square Feet
      • Dimensions: 11x21
      Primary bathroom
      • Features: Dual Sinks, Tub with Separate Shower Stall
      • Level: Second
      • Area: 456 Square Feet
      • Dimensions: 19x24
      Balcony porch lanai
      • Level: First
      • Area: 720 Square Feet
      • Dimensions: 12x60
      Dinette
      • Level: First
      • Area: 130 Square Feet
      • Dimensions: 10x13
      Dining room
      • Level: First
      • Area: 234 Square Feet
      • Dimensions: 13x18
      Kitchen
      • Features: Kitchen Island
      • Level: First
      • Area: 266 Square Feet
      • Dimensions: 14x19
      Living room
      • Level: First
      • Area: 360 Square Feet
      • Dimensions: 18x20
      Heating
      • Electric
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Filtration System
      • Laundry: Laundry Chute, Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
      • Flooring: Luxury Vinyl, Tile, Hardwood
      • Doors: French Doors, Outdoor Shower
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 5,300
      • Total interior livable area: 3,294 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Circular Driveway, Open, Portico, Workshop in Garage
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions: 15x22
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Side Porch, Wrap Around
      • Exterior features: Balcony, Lighting, Outdoor Shower, Rain Gutters, Storage
      • Has private pool: Yes
      • Pool features: Gunite, Heated, In Ground, Salt Water
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Fencing: Vinyl
      • Has view: Yes
      • View description: Water, Canal, Gulf/Ocean - Partial
      • Has water view: Yes
      • Water view: Water,Canal,Gulf/Ocean - Partial
      • Waterfront features: Waterfront, Canal - Saltwater, Saltwater Canal Access, Lift, Sailboat Water
      • Body of water: T-CANAL
      Lot
      • Size: 10,000 Square Feet
      • Dimensions: 80 x 125
      • Features: Landscaped, Level
      Details
      • Parcel number: 412028303001
      • Zoning: RMF-T/MULT
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Foundation: Block, Raised
      • Roof: Tile
      Condition
      • Completed
      • New construction: No
      • Year built: 2008

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
      Green energy
      • Energy efficient items: Appliances, HVAC, Thermostat

      Community & HOA

      Community
      • Features: Waterfront
      • Pet fee: $0 monthly
      • Subdivision: PALM ISLAND ESTATES UN 3
      HOA
      • Has HOA: No
      Location
      • Region: Placida

      Financial & listing details

      • Price per square foot: $757/sqft
      • Tax assessed value: $1,606,122
      • Annual tax amount: $26,954
      • Date on market: 10/1/2026
      • Cumulative days on market: 21 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Limerock

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/1/2026Listed for sale$2,495,000+28.6%$757/sqft
        Source: Stellar MLS #A4707092 Report a problem
        6/26/2026Listing removed$1,940,000$589/sqft
        Source: Stellar MLS #N6138903 Report a problem
        5/31/2026Price change$1,940,000+2.6%$589/sqft
        Source: Stellar MLS #N6138903 Report a problem
        4/17/2026Price change$1,890,000-3.1%$574/sqft
        Source: Stellar MLS #N6138903 Report a problem
        3/14/2026Price change$1,950,000-1.3%$592/sqft
        Source: Stellar MLS #N6138903 Report a problem
        12/18/2025Price change$1,975,000-3.7%$600/sqft
        Source: Stellar MLS #N6138903 Report a problem
        11/10/2025Price change$2,050,000-4.7%$622/sqft
        Source: Stellar MLS #N6138903 Report a problem
        10/29/2025Price change$2,150,000+0%$653/sqft
        Source: Stellar MLS #N6138903 Report a problem
        10/23/2025Price change$2,149,000-2.1%$652/sqft
        Source: Stellar MLS #N6138903 Report a problem
        10/5/2025Listed for sale$2,195,000$666/sqft
        Source: Stellar MLS #N6138903 Report a problem
        8/3/2025Listing removed$2,195,000$666/sqft
        Source: Stellar MLS #N6138903 Report a problem
        5/25/2025Price change$2,195,000-6.6%$666/sqft
        Source: Stellar MLS #N6138903 Report a problem
        5/15/2025Listed for sale$2,350,000-9.6%$713/sqft
        Source: Stellar MLS #N6138903 Report a problem
        2/6/2025Listing removed$2,599,000$789/sqft
        Source: Stellar MLS #N6132755 Report a problem
        1/24/2025Price change$2,599,000+1.9%$789/sqft
        Source: Stellar MLS #N6132755 Report a problem
        12/19/2024Price change$2,550,000-7.3%$774/sqft
        Source: Stellar MLS #N6132755 Report a problem
        11/24/2024Price change$2,750,000-3.5%$835/sqft
        Source: Stellar MLS #N6132755 Report a problem
        7/30/2024Price change$2,849,000-3.4%$865/sqft
        Source: Stellar MLS #N6132755 Report a problem
        6/20/2024Price change$2,950,000-11.9%$896/sqft
        Source: Stellar MLS #N6132755 Report a problem
        6/2/2024Listed for sale$3,350,000-5.6%$1,017/sqft
        Source: Stellar MLS #N6132755 Report a problem
        5/23/2024Listing removed--
        Source: Stellar MLS #N6132755 Report a problem
        5/3/2024Listed for sale$3,550,000+238.1%$1,078/sqft
        Source: Stellar MLS #N6132755 Report a problem
        3/29/2021Sold$1,050,000-4.1%$319/sqft
        Source: Public Record Report a problem
        2/24/2021Pending sale$1,095,000$332/sqft
        Source: CAPITAL REALTY OF SWFL LLC #C7435906 Report a problem
        2/24/2021Listed for sale$1,095,000+63.4%$332/sqft
        Source: CAPITAL REALTY OF SWFL LLC #C7435906 Report a problem
        6/1/2017Sold$670,000+11.7%$203/sqft
        Source: Public Record Report a problem
        9/19/2005Sold$600,000$182/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$28,077 -11.4%$1,606,122 -9.6%
        2024$31,677 +4%$1,776,622 +10.7%
        2023$30,445 +14.4%$1,604,439 +10%
        2022$26,611 +32.9%$1,458,581 +40.1%
        2021$20,028 -0.2%$1,040,776 +0.3%
        2020$20,070 -6.7%$1,037,369 -6.6%
        2019$21,504 +11.4%$1,110,255 +7.3%
        2018$19,307 $1,034,667 +1.9%
        2017$19,307 +1.6%$1,015,037 +4%
        2016$18,995 +0.6%$975,652 +82.8%
        2015$18,885 +85.8%$533,590 +0.8%
        2014$10,165 +4.6%$529,355 -2%
        2013$9,723 +3.6%$540,260 -9.2%
        2012$9,380 -9.2%$595,218
        2011$10,327 -4.5%$595,218 -2.8%
        2010$10,811 +9.8%$612,121 +2.7%
        2009$9,850 $596,028
        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.
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        Climate risks

        Neighborhood: 33946

        Getting around

        10 / 100
        Car-Dependent

        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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