by Global Lifestyle Properties

Check Availability
33946
63 PALM DRIVE
$2,495,000
● House - For Sale

63 PALM DRIVE

PLACIDA, FL 33946
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,294 Ft²
$14,498
Est. Monthly

About This Property

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!
Unit Size
3,294 Ft²
Days on Market
41 days
Land Size
0.23 acres
Price per sqft
$757
Property Type
House
Property Taxes
$2,246
HOA Dues
-
Year Built
2008

Listed By

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Last updated: 2 months ago (Stellar MLS #A4707092)

Price History

Date / Event Date Event Price
Oct 1, 2026 Listed by GENEROUS PROPERTY $2,495,000
Listed by GENEROUS PROPERTY
Mar 29, 2021 Sold
Sold
Jun 1, 2017 Sold
Sold

Property Highlights

Garage
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Circular Driveway, Open, Workshop in Garage, Portico
Garage Spaces: 1
Interior Details
Half Bathrooms: 2
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Crown Molding, Elevator, High Ceilings, Tray Ceiling(s), Walk-In Closet(s), Eating Space In Kitchen, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Purifier
Flooring Type: Luxury Vinyl, Tile, Hardwood
Door Features: French Doors
Laundry Features: Laundry Chute, Laundry Room
Rooms: 10
Exterior Details
Square Footage: 3294
Square Footage Source: $0
Property Condition: Completed
Architectural Style: Mediterranean
Year Built: 2008
Waterfront Features: Waterfront, Canal Access
Waterbody Name: T-CANAL
Building Area Total: 5300
Levels: Two
Building Area Units: Square Feet
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch, Side Porch, Wrap Around
Pool Features: Gunite, Heated, In Ground, Salt Water
Pool is Private
Lot Features: Landscaped, Level
Lot Size Area: 10000
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10000
Lot Size Dimensions: 80 x 125
Tax Lot: 23
Water Source: Public
Financial Details
Tax Annual Amount: $26,954
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Electric
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 18
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 60
  • Porch Type: 0
  • Pool Type: 8
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,034
  • Gross Building Area: 5,380
  • Building Area: 3,294
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,294
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALM ISLAND ESTS
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: PALM ISLAND ESTS UN 3 BLK I LT 23 1755/1436 2765/176 2807/1000 CT4204/1153 4735/1348

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 030504

Zoning

  • Zoning: BBI

Geography

  • Assessors Map Reference: 2B28S
  • Account Number: 00883200023001
  • Subdivision Tract Number: PIE
  • Parcel: 412028303001
  • Block: I
  • Lot: 23
  • Meridian: SEC 28 TWN 41S RNG 20E
  • Latitude: 26.8759
  • Longitude: -82.321

    Address

  • Full Address: 63 Palm Dr
  • Address - House Number: 63
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Placida
  • Zip Code: 33946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,044,530
  • Tax Rate Code Area: 033

    Appraisal Valuation

  • Standard Deviation: 0.4881
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 2
  • Final Value: 2,078,949
  • High Value: 3,093,685
  • Low Value: 1,064,212

    Market Valuation

  • Market Total Value: $1,805,152
  • Market Land Value: $244,800
  • Market Improvement Value: $1,560,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,604,439

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2922815
  • Previous Sale Recording Date: Jun 01, 2017
  • Previous Sale Contract Date: May 26, 2017
  • Previous Sale Amount: $670,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grove City-Rotonda


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Unit for rent at 51 Palm Drive, FL, 33946

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Unit for rent at 210 Bocilla Drive, FL, 33946

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210 Bocilla Drive, FL, 33946 Listing by Stephinie Futch


Frequently Asked Questions

When was property at 63 Palm Drive built and last sold?
The property at 63 Palm Drive was built in 2008 and last sold on Mar 17, 2021 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 63 Palm Drive is $2,433,230.
What are some comparable homes to 63 Palm Drive?
There are currently no comparable homes to 63 Palm Drive.