$1,800,000

Estimated payment $11,020/month

Total Views 1,285
0.54 Acre
$3,333,333 Price per Acre
23,522 Sq Ft Lot

Highlights

  • 125 Feet of Public Beach Waterfront
  • No HOA
  • 2-minute walk to Don Pedro Island State Park
  • 0.54 Acre Lot

About This Lot

Exclusive Beachfront Property with 125' on the Gulf and 125' on the inland waterway at the end of a private road. Palm Island is a barrier island between Sarasota and Lee County and the last island serviced by regular car ferries. The lot is zoned for building a large home and guest house with private boat dock. The certified survey attached in the photos states that the size of the. property is 1.6 acres. This island has both paved and sand roads, crystal clear turquoise gulf water, seven miles of soft sandy beaches, no high rise building, no traffc, and no stoplights. Nature abounds here. If you did not know, you would believe that you were in the Bahamas. Cars and golf carts travel all island roads. Because the island is located directly across the intracoastal waterway, two ferries operate approx every 15 minutes, one from the island and the other from the landside loading dock. Each ferry can carry eight automobiles or two 18 wheel tractor trailer trucks. See Photo. The island has underground utilities including electric, city water, and cable. Major box stores are only 1-3 miles from the landside dock. The small resort at the north end offers the public and islanders a tropical restaurant and bar, ice cream store with some provisions, and golf cart rentals. The food is good and the bar is very friendly! You have arrived, and now you will enjoy the tropical breezes, sound of wave, miles of beach shells, and the peace and quiet you Deserve.

Listing Agent

Robert Jensen

KW COASTAL LIVING Brokerage Phone: 941-473-7399 License #0614630 Listed on: 03/01/2025

KW COASTAL LIVING

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,460

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 125x187
  • 125 Feet of Public Beach Waterfront
  • East Facing Home
  • Property is zoned BBI

Property Views

  • Beach
  • Intracoastal

Utilities

  • Underground Utilities
  • Septic Needed
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Island Estates Community
  • Blk A 1St Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / A
  • Assessor Parcel Number 412033103006

Property Details

Property Type

Land

Est. Annual Taxes

$15,460

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.54
  • Lot Size Sq Ft: 23375
  • Directions to Property: Placida Road to Panama Blvd and Palm Island Ferry. Board Ferry ($55) and travel to P.I.. Off Ferry, follow paved road to first left turn, cross two small bridges the turn RIGHT at first right turn, Adele Way (private road), follow to end and stop. The wooded lot is directly in front of you. Park and walk toward the wooded lot. Then check out the beach and bay sides of the lot.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • RATIO Current Price By Calculate: 77.01
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Water Frontage Feet Beach: 125
  • MFR_DockYN: 0
  • Attribution Contact: 941-473-7399
  • Tax Year: 2024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 177

Exterior Features

  • Direction Faces: East
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Other
  • Disclosures: Flood Disclosure, Seller Property Disclosure
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View: Beach,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 125
  • Additional Water Information: Beach lot with 125' of canal access to intracoastal
  • Price Per Acre: 3333333

Utilities

  • Utilities: Cable Available, Electricity Available, Fiber Optics, Underground Utilities, Water Available
  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: BBI
  • Parcel Number: 412033103006
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, CoastalConstruction Control Line
  • Lot Dimensions: 125x187
  • Flood Zone Code: 11VE
  • Lot Size Square Meters: 2172
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 15459.54
  • Tax Block: A
  • Tax Book Number: 1-11
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Beach Front

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $15,124 $754,469 $0 $0
2022 $13,411 $762,663 $762,663 $0
2021 $12,535 $669,906 $669,906 $0
2020 $11,270 $566,844 $566,844 $0
2019 $11,880 $594,155 $594,155 $0
2018 $11,419 $594,155 $594,155 $0
2017 $12,784 $594,155 $594,155 $0
2016 $12,549 $540,796 $0 $0
2015 $12,163 $491,633 $0 $0
2014 $10,622 $446,939 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 For Sale $1,800,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $699,000 Attorney
Warranty Deed $450,000 Attorney
Personal Reps Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 Seller Take Back
Source: Public Records

Source: Stellar MLS

MLS Number: D6141067

Stellar MLS

APN: 412033103006