$949,900
$45K PRICE DROP

Estimated payment $5,958/month

Total Views 849
2 Beds
2 Baths
1,120 Sq Ft
$848 Price per Sq Ft

Highlights

  • 80 Feet of Lagoon Waterfront
  • Dock has access to electricity and water
  • Boat Lift
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Open Floorplan

About This Home

This Key West Style Home offers 2 bedrooms with 2 baths and is a great value with premium features for waterfront living on Palm Island. This home is situated on Bocilla Lagoon which is a 300 ft waterway with access to the ICW and The Gulf of Mexico. Exterior features of this property are a private dock and 10,000l# boat lift (installed in 2024), irrigation well, recently painted, hurricane shutters, septic (installed in 2021), large 1,480 sf open deck with a pergola. Complete outdoor shower facility and there's room for a pool. Enter into the spacious living area thru 6x12' pocketing sliders, you will immediately notice the vaulted ceilings and large open floor plan as well as the same tile flooring throughout the entire home. The interior of the home is nearly painted with the same neutral color throughout plus new window treatments and all new matching contemporary fans. The kitchen has wooden cabinets with soft close drawers and doors, quartz countertops and stainless-steel appliances and sink. The spacious primary bedroom is an ensuite. For those relaxing sunset evenings, there is a 10x28' covered, screened and carpeted lanai located waterside. Located on the ground level is a LG air-conditioned bonus room,(270 sf) with new sliding and 2 passage doors, as well as new windows and treatments. The separate laundry room (180 sf) has a washer and dryer (2024), hot water heater (2025) as well as an adjacent storage room. Ground level rooms have new vinyl plank flooring. Welcome to Palm Island Living. Seller has installed as of December 2025 a new 3 ton Trane outside condenser as well as an inside air handler. Warranty may be transferrable.

Listing Agent

Kevin Mackin

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-473-7750 License #683818 Listed on: 10/16/2025

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,598

Year Built

  • Built in 1980

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x135
  • 80 Feet of Lagoon Waterfront
  • East Facing Home
  • Vinyl Fence
  • Chain Link Fence
  • Property is zoned BBI

Home Design

  • Coastal Architecture
  • Key West Architecture
  • Elevated Home
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Pile Dwellings

Interior Spaces

  • 1,120 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • White Water Ocean Views
  • Attic Fan
  • Hurricane or Storm Shutters

Kitchen

  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Basement Garage
  • Ground Level Parking
  • Guest Parking
  • Golf Cart Parking

Eco-Friendly Details

  • Gray Water System

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fixed Bridges
  • Access To Lagoon or Estuary
  • Access to Brackish Water
  • Boat Lift
  • Dock has access to electricity and water
  • Dock made with wood
  • Deeded Boat Dock
  • Balcony
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Ductless Heating Or Cooling System
  • Heating Available
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Lake Estates Community
  • Palm Island Estates Un 4 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,598

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal, Elevated, Key West
  • Construction Materials: Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1120
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 3106
  • Lot Size Sq Ft: 10800
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 288.56
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 848.13
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Property Description: Elevated,Stilt Home
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip Deeded On-Site,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 941-473-7750
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Living Area Meters: 104.05

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Gray Water System, Hurricane Shutters, Outdoor Grill, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • Water Body Name: BOCILLA LAGOON
  • Waterfront: Yes
  • Road Surface Type: Other
  • Water Access: Brackish Water,Gulf/Ocean,Intracoastal Waterway,Lagoon
  • Water Extras: Bridges - Fixed,Lift
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 80
  • Flood Zone Panel: 12015C0352G
  • Water Frontage Feet Lagoon: 80

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Covered, Golf Cart Parking, Ground Level, Guest, Basement

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Underground Utilities, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s), Attic Fan
  • Heating: Electric, Exhaust Fan, Ductless
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Lot Info

  • Zoning: BBI
  • Parcel Number: 412033401007
  • Additional Parcels: No
  • Fencing: Chain Link, Fenced, Vinyl
  • Lot Dimensions: 80x135
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 11598
  • Tax Block: C
  • Tax Book Number: 6-4
  • Tax Lot: 38

Multi Family

  • Waterfront Features: Lagoon

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2025 $11,598 $551,984 $201,144 $350,840
2024 $11,041 $600,276 $201,144 $399,132
2023 $11,041 $559,233 $201,144 $358,089
2022 $9,952 $492,842 $166,464 $326,378
2021 $4,792 $228,493 $0 $0
2020 $7,653 $356,909 $0 $0
2019 $7,474 $348,885 $0 $0
2018 $7,089 $342,380 $0 $0
2017 $6,569 $335,338 $0 $0
2016 $6,502 $328,441 $0 $0
2015 $6,550 $326,158 $0 $0
2014 $6,407 $323,569 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2025 12/10/25 Price Changed $949,900 -4.5% $848 / Sq Ft
10/16/2025 10/16/25 For Sale $995,000 +39.2% $888 / Sq Ft
07/14/2021 07/14/21 Sold $715,000 -18.7% $638 / Sq Ft View Prior Sale
04/26/2021 04/26/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $879,000 0.0% $785 / Sq Ft
04/07/2021 04/07/21 For Sale $879,000 +1.0% $785 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $870,000 -- $777 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $100 None Listed On Document
Warranty Deed $715,000 Msc Title Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $450,000 None Available
Warranty Deed $480,000 --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $305,000 New Conventional
Previous Owner $325,000 Seller Take Back
Source: Public Records

Source: Stellar MLS

MLS Number: D6144207

Stellar MLS

APN: 412033401007