7394 PALM ISLAND DRIVE, PLACIDA, FL 33946
What's special
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.
- 11 days |
- 403 |
- 9 |
Likely to sell faster than
Originating MLS: EnglewoodTravel times
Great Room
Kitchen
Primary Bedroom
Primary Bathroom
Bedroom
Bedroom
Balcony
Zillow last checked:
Listing updated:
Marcia Cullinan 941-662-5878,
MICHAEL SAUNDERS & COMPANY 941-473-7750
Originating MLS: Englewood
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Attic, Utility Room
Bedroom 3
- Features: Built-In Shelving, Ceiling Fan(s), En Suite Bathroom, Built-in Closet
- Level: Second
- Area: 493.5 Square Feet
- Dimensions: 21x23.5
Bedroom 4
- Features: Ceiling Fan(s), Built-in Closet
- Level: Second
- Area: 372 Square Feet
- Dimensions: 15.5x24
Primary bathroom
- Features: Bath With Whirlpool, Built-In Shelving, Dual Sinks, Sink - Pedestal, Tub with Separate Shower Stall, Water Closet/Priv Toilet
- Level: Second
- Area: 162 Square Feet
- Dimensions: 13.5x12
Kitchen
- Features: Built-in Features, Granite Counters, Tall Countertops
- Level: First
- Area: 232 Square Feet
- Dimensions: 16x14.5
Heating
- Central, Electric, Propane, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Crown Molding, High Ceilings, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Tile, Hardwood
- Doors: Outdoor Shower, Sliding Doors
- Windows: Window Treatments, Hurricane Shutters/Windows
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 5,424
- Total interior livable area: 4,612 sqft
Video & virtual tour
Property
Parking
- Parking features: Golf Cart Parking, Under Building
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Rear Porch
- Exterior features: Balcony, Irrigation System, Outdoor Shower, Rain Gutters
- Has view: Yes
- View description: Water, Gulf/Ocean - Full
- Has water view: Yes
- Water view: Water,Gulf/Ocean - Full
- Waterfront features: Gulf/Ocean, Beach Access, Gulf/Ocean Access
Lot
- Size: 10,290 Square Feet
- Dimensions: 70 x 148
Details
- Parcel number: 412031532009
- Zoning: PD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Elevated
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Raised
- Roof: Metal
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Electricity Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Boat Slip, Dock, Intracoastal Waterway, Water Access, Buyer Approval Required, Deed Restrictions, Gated Community - Guard, Golf Carts OK, Playground, Pool, Restaurant, Tennis Court(s)
- Security: Security System Owned
- Pet fee: $0 monthly
- Subdivision: SEASIDE 02 LAND CONDO
HOA
- Has HOA: Yes
- Services included: 24-Hour Guard, Common Area Taxes, Community Pool, Reserve Fund, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Trash
- HOA fee: $538 monthly
- HOA name: Rob Brown
- HOA phone: 941-828-1683
- Second HOA name: Palm Island Resort
Location
- Region: Cape Haze
Financial & listing details
- Price per square foot: $672/sqft
- Tax assessed value: $1,678,079
- Annual tax amount: $28,737
- Date on market: 8/14/2026
- Cumulative days on market: 11 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $3,100,000$672/sqft |
Source:  Stellar MLS #D6148065 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $28,737 -8.2% | $1,678,079 -6.8% |
| 2024 | $31,305 +1% | $1,801,430 +10% |
| 2023 | $31,003 +12.6% | $1,637,664 +10% |
| 2022 | $27,530 +4.3% | $1,488,785 +10% |
| 2021 | $26,386 +5.4% | $1,353,441 +10% |
| 2020 | $25,035 +16.3% | $1,230,401 +10% |
| 2019 | $21,535 +9.1% | $1,118,546 +5% |
| 2018 | $19,745 | $1,065,607 +5.4% |
| 2017 | $19,745 +6.2% | $1,011,478 +7.3% |
| 2016 | $18,594 +3.6% | $942,772 +1.6% |
| 2015 | $17,943 -0.1% | $928,339 -3% |
| 2014 | $17,957 | $957,223 |
Find assessor info on the county website
Monthly payment
Estimated market value
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Estimated sales range
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Climate risks
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