63 PALM DRIVE Placida, FL $ 1,950,000
63 PALM DRIVE
$ 1,950,000
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63 PALM DRIVE

Placida, FL, 33946
$ 1,950,000
Bedrooms4 Baths2.2 Sq 3,294

Monthly Estimate*

$ 12,006

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Single Family Home for sale in Placida, FL

for $1,950,000 with 4 bedrooms and 2 full baths, 2 half baths. This 3,294 square foot home was built in 2008 on a lot size of 0.23.

Experience the rare beauty of true private island living. Nestled on exclusive Palm Island, this stunning waterfront retreat offers direct canal access to the Intracoastal Waterway and the Gulf of Mexico, combining privacy, tranquility, and the effortless elegance of coastal living. Built with durable concrete block construction—one of the few homes on the island with this level of strength—this residence was designed to stand the test of time while offering complete peace of mind. Income-Producing Opportunity on Palm Island This exceptional Palm Island property offers outstanding income potential, with the current owners successfully generating up to $850 a night in rental revenue. With no HOA fees and no minimum rental restrictions, this home provides rare flexibility for short-term or long-term leasing—making it an ideal investment, vacation rental, or personal retreat with strong cash-flow potential. Whether you choose to continue its proven rental success or enjoy it as your own private island getaway, this property delivers both lifestyle and income in one unique offering. Completely renovated with numerous high-end upgrades and modern finishes, the home showcases a refined, move-in-ready interior where thoughtful design meets timeless coastal sophistication. Inside, you’ll find four generously sized bedrooms, two full bathrooms, and two half baths, along with updated flooring that gives the home a fresh and contemporary feel. The chef’s kitchen features granite countertops, custom wood cabinetry, stainless steel appliances, and a beautifully upgraded island—perfect for enjoying a quiet breakfast before a day on the water. Step outside to a resort-style pool area designed for seamless indoor-outdoor living. Expansive terraces provide breathtaking panoramic views and create the perfect setting for relaxing or entertaining while embracing the peaceful beauty of island life. For boating enthusiasts, the property offers exceptional waterfront amenities including a 16,000-lb boat lift and a brand-new jet ski lift, providing easy access to endless days on the water. A private beach is just moments away, where you can enjoy paddle boarding, kayaking, fishing, or simply soaking in the serenity of the Gulf. An additional highlight is the adjacent lot available for purchase, presenting a rare opportunity to expand your private oasis, build a guest house, or create a multi-home estate—an exceptional investment and lifestyle opportunity seldom available on Palm Island. Additional features include brand-new high-efficiency A/C units and a convenient elevator for comfort and accessibility. Accessible by a short ferry ride or private boat, this remarkable property offers the ultimate balance of seclusion, luxury, and coastal adventure. Whether you are searching for a private island retreat, a waterfront escape for family and guests, or a secure and tranquil sanctuary away from the everyday, this Palm Island residence offers a lifestyle few properties can match. Welcome to a life of sun, serenity, and island living.

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Single Family Active

Price

$ 1,950,000

Bedrooms

4

Full Bath

2

Half Bath

2

Property Type

Single Family

Taxes

$ 31,677

Style

Mediterranean

Lot Size

0.23

Year Built

2008

Town/City

Placida

County/Region

Charlotte

MLS | Web ID

N6138903

Features
General
Sewer Septic Tank
Heating Electric
Cooling Central Air Zoned
Utilities BB/HS Internet Available Cable Connected Electricity Connected Underground Utilities Water Connected
Roof Tile
Appliances Built-In Oven Convection Oven Cooktop Dishwasher Disposal Electric Water Heater Exhaust Fan Ice Maker Microwave Washer Water Filtration System
Zoning BBI
Garage Spaces 1
Patio/Porch Features Covered Deck Front Porch Patio Porch Side Porch Wrap Around
Architectural Style Mediterranean
Pool Features Gunite Heated In Ground Salt Water
Construction Materials Block ICFs (Insulated Concrete Forms) Stucco
Pets Allowed Cats OK Dogs OK Yes
Year Built 2008
View Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Waterfront Features Waterfront Canal - Saltwater
Community Features Waterfront
County Charlotte
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name PALM ISLAND ESTATES UN 3
Facing Direction Southwest
Garage Y/N true
Total Rooms 10
Full Baths 2
Status Active
Directions From Placida Road turn to Panama Blvd. and keep driving to the car ferry landing.
High School Lemon Bay High
City PLACIDA
Body of Water T-CANAL
Senior Community Y/N false
MLS Area 33946 - Placida
Lot Size Units Square Feet
Lot Size Square Feet 10000
Carport Y/N false
Listing Terms Cash Conventional
Spa Features Heated In Ground
Land Lease Y/N false
Tax Annual Amount 31677
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/N6138903
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 23
Legal Description PIE 003 000I 0023 PALM ISLAND ESTS UN 3 BLK I LT 23 1755/1436 2765/176 2807/1000 CT4204/1153
Water View Canal Gulf/Ocean - Partial
Water Access Type Canal - Saltwater
Minimum Lease No Minimum
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities 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) Window Treatments
Flooring Carpet Ceramic Tile Luxury Vinyl Hardwood
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 2
Laundry Features Laundry Chute Laundry Room
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Balcony French Doors Lighting Outdoor Shower Rain Gutters Storage
Fencing Vinyl
Parking Features Circular Driveway Open Portico Workshop in Garage
Water Source Public
Lot Size Area 10000
Foundation Details Block Stilt/On Piling
Spa true
Building Area Total 5300
Lot Dimensions 80 x 125
Lot Size Acres 0.23
Road Surface Type Dirt
Private Pool true
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Medway Realty

Broker

magdawellness1@gmail.com

Email

Affordability Calculator

$14,646
Per Month
82%
18%
0%
Monthly Principal & Interest
$12,006
Monthly Property Taxes
$2,640
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Lemon Bay High High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2026$1,950,000 -1.27% Price Down
12/19/2025$1,975,000 Listed Price

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63 PALM DRIVE, Placida, FL, 33946 is a Single Family Home for sale at $1,950,000 with 3,294 sqft and a lot size of 0.23. 63 PALM DRIVE has 4 bedrooms, 2.2 baths, and was built in 2008. The property's zip code is 33946 which is in Placida, FL