$620,000
SOLD AUG 1, 2025
0.44 Acre
$1,409,091 Price per Acre
19,166 Sq Ft Lot

Recently Sold

$109 Per Sq Ft

5% Below List Price

13 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Dock made with wood
  • Boat Lift
  • White Water Ocean Views
  • Fishing Pier
  • Wooded Lot

About This Lot

As of August 2025

490 N Gulf Blvd, Palm Island, FL – Rare Canal-Front Double Lot with Gulf Access

This exceptional 0.44-acre double lot on Palm Island offers the best of island living—80 feet of canal frontage with a permitted dock and two sets of boat lift poles, plus beach access just steps across the street. With a total depth of 240 feet, this property provides ample space to build your coastal dream home or a high-demand vacation retreat.



The canal offers quick, bridge-free access to the Intracoastal Waterway and Gulf of Mexico, ideal boaters. Enjoy world-class boating, fishing, and wildlife right from your backyard.



Palm Island is a private, ferry-accessible barrier island with no high-rises, no crowds, and endless charm. Here, your front yard is the beach and your backyard is the boat—truly the ultimate Florida lifestyle.



For more information or to schedule a private tour, Call today.

Last Agent to Sell the Property

Sam Beaugrand

LASBURY-TRACY REALTY INC. Brokerage Phone: 941-474-5585 License #3411431 Listed on: 06/02/2025

Last Buyer's Agent

Kevin Mackin

MICHAEL SAUNDERS & COMPANY License #683818

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,349

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 80x240
  • 160 Feet of Waterfront
  • 80 Feet of Salt Water Canal Waterfront
  • 80 Feet of Lagoon Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Wooded Lot
  • Property is zoned BBI

Property Views

  • White Water Ocean
  • Partial Bay or Harbor
  • Lagoon
  • Canal

Utilities

  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 9 / F
  • Assessor Parcel Number 412031427006

Community Details

Overview

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Subdivision

Recreation

  • Fishing Pier
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Boat Lift
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$7,349

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19200
  • Directions to Property: South on McCall Rd to Right on Placida Road to Right on Panama Blvd. to Car Ferry Landing.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037878
  • RATIO Current Price By Calculate: 32.29
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: 2 Point Moorage,Dock - Wood
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFee: 0
  • MFR_DockMaintenanceFeeFrequency: N/A
  • Attribution Contact: 941-474-5585
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 490

Exterior Features

  • View: Water
  • Water Body Name: YACHT BASIN
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Fishing Pier,Lift
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 80
  • Water View: Bay/Harbor - Full,Canal,Gulf/Ocean - Partial,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 160
  • Additional Water Information: There are pilings installed and ready for boat lift. (currently no lift installed)
  • Price Per Acre: 1409091
  • Water Frontage Feet Lagoon: 80

Utilities

  • Utilities: Water Available
  • Sewer: Septic Needed
  • Water Source: Private

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: 412031427006
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 80x240
  • Flood Zone Code: AE
  • Lot Size Square Meters: 1784
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 7349.22
  • Tax Block: F
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2025
Closed on
Jul 31, 2025
Sold by
Temple Hubert A
Bought by
Purdue David
Seller's Agent
Sam Beaugrand
LASBURY-TRACY REALTY INC.
Buyer's Agent
Kevin Mackin
MICHAEL SAUNDERS & COMPANY
List Price
$649,900
Sold Price
$620,000
Premium/Discount to List
-$29,900
-4.6%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.64%
Original Mortgage
$434,000
Outstanding Balance
$434,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$221,935

Purchase Details

Closed on
May 17, 2019
Sold by
Nomoremed Vi Llc
Bought by
Tewle Hubert A

Purchase Details

Closed on
Feb 24, 2003
Sold by
Aldav Ltd Ptnr
Bought by
Nomoremed Vi L L C

Purchase Details

Closed on
Aug 14, 2001
Sold by
Nomoremed Vi L L C
Bought by
Aldav Ltd Ptnr

Purchase Details

Closed on
Mar 26, 2001
Sold by
Marks Robert F and Marks Katherine L
Bought by
Nomoremed Vi L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.02%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $620,000 None Listed On Document
Warranty Deed $410,000 Attorney
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $434,000 New Conventional
Previous Owner $101,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $620,000 -4.6% $109 / Sq Ft
06/15/2025 06/15/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $649,900 -59.4% $114 / Sq Ft
08/31/2018 08/31/18 Sold $1,600,000 -4.5% $452 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
05/25/2018 05/25/18 Price Changed $1,675,000 -4.3% $473 / Sq Ft
02/26/2018 02/26/18 Price Changed $1,750,000 -5.4% $494 / Sq Ft
11/09/2017 11/09/17 For Sale $1,850,000 -- $523 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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
2024 $7,205 $390,783 $387,600 $3,183
2023 $7,205 $358,246 $0 $0
2022 $6,403 $325,678 $323,000 $2,678
2021 $6,603 $325,604 $323,000 $2,604
2020 $6,339 $308,851 $306,000 $2,851
2019 $4,155 $185,327 $182,104 $3,223
2018 $4,009 $185,235 $182,104 $3,131
2017 $3,574 $184,935 $182,104 $2,831
2016 $3,681 $186,051 $0 $0
2015 $3,648 $181,298 $0 $0
2014 $3,638 $181,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6142590

Stellar MLS

APN: 412031427006