51 Palm Dr Placida, FL 33946
Don Pedro Island NeighborhoodEstimated payment $6,492/month
Highlights
- 126 Feet of Salt Water Canal Waterfront
- Sailboat Water Access
- Partial Gulf or Ocean Views
- Dock has access to electricity and water
- Boat Lift
- Open Floorplan
About This Home
Welcome to 51 Palm Drive located on beautiful Palm Island, Florida. This waterfront island home offers the ultimate in coastal living, combining direct Gulf access, stunning sunset views, and the privacy of a barrier island lifestyle with over seven miles of pristine sandy beaches just moments away. Situated on an oversized corner lot, this 3-bedroom, 2-bath residence features a private dock on a saltwater canal with no bridges to the Gulf of Mexico—a true boater’s dream. Enjoy effortless days on the water with quick access to world-class fishing, boating, and island hopping. Inside, the home showcases an open-concept floor plan designed for relaxed coastal living, with a spacious great room, beautiful Spanish tile and wood flooring, and warm knotty pine walls and ceilings that create a classic island feel. The remodeled kitchen is both stylish and functional, featuring granite countertops, stainless steel energy-efficient appliances, under-cabinet lighting, wine rack, and a granite topped kitchen island perfect for entertaining. Wake up to Gulf views and breathtaking sunsets from the top-floor primary suite, complete with a beautifully updated travertine bathroom, dual vanities, garden tub and a rain shower. Outdoor living is just as inviting with a screened second-floor porch, fire pit, a charming hexagon deck nestled among mature palms, and lush Florida-friendly landscaping. Additional features include a metal roof with radiant barrier, 15 SEER Trane A/C system with UV light and connection to public water and cable—offering comfort, efficiency, and peace of mind. With ample room to add a pool and positioned as one of the best values for a 3-bedroom waterfront home with direct Gulf access on Palm Island, this property is ideal as a full-time residence, vacation home, or investment opportunity. Experience the beauty of Palm Island living—where nature, tranquility, and coastal luxury come together.
Listing Agent
TARPON REAL ESTATE, INC. Brokerage Phone: 941-697-7575 License #689713 Listed on: 03/21/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,032
Year Built
- Built in 1992
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 53.5x125x126x125
- 126 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- Dirt Road
- Northeast Facing Home
- Oversized Lot
- Irregular Lot
- Landscaped with Trees
- Property is zoned BBI
HOA Fees
- $5 Monthly HOA Fees
Parking
- 1 Carport Space
Property Views
- Partial Bay or Harbor
- Canal
Home Design
- Florida Architecture
- Frame Construction
- Metal Roof
- Wood Siding
- Pile Dwellings
Interior Spaces
- 1,839 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Great Room
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Soaking Tub
- Rain Shower Head
- Garden Bath
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Sailboat Water Access
- No Fixed Bridges
- Access to Saltwater Canal
- Boat Lift
- Dock has access to electricity and water
- Dock made with wood
- Deck
- Covered Patio or Porch
- Outdoor Storage
Schools
- Vineland Elementary School
- L.A. Ainger Middle School
- Lemon Bay High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Septic Tank
- Cable TV Available
Community Details
- Palm Island Estates Community
- Palm Island Estates 3Rd Add Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 17 / I
- Assessor Parcel Number 412031478002
Map
Home Values in the Area
Average Home Value in this Area
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 | $15,350 | $817,101 | $302,940 | $514,161 |
| 2023 | $15,151 | $687,630 | $0 | $0 |
| 2022 | $13,263 | $782,227 | $251,609 | $530,618 |
| 2021 | $11,586 | $568,289 | $161,568 | $406,721 |
| 2020 | $11,505 | $561,106 | $159,885 | $401,221 |
| 2019 | $7,541 | $382,562 | $0 | $0 |
| 2018 | $7,119 | $375,429 | $0 | $0 |
| 2017 | $6,836 | $367,707 | $0 | $0 |
| 2016 | $6,824 | $360,144 | $0 | $0 |
| 2015 | $6,872 | $357,340 | $0 | $0 |
| 2014 | $6,773 | $354,504 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/21/2026 03/21/26 | For Sale | $995,000 | 0.0% | $541 / Sq Ft | |
| 01/30/2025 01/30/25 | Price Changed | $8,400 | +300.0% | $5 / Sq Ft | |
| 01/23/2025 01/23/25 | For Rent | $2,100 | 0.0% | -- | |
| 04/30/2019 04/30/19 | Sold | $645,000 | -4.4% | $351 / Sq Ft | View Prior Sale |
| 03/08/2019 03/08/19 | Pending | -- | -- | -- | |
| 09/10/2018 09/10/18 | For Sale | $675,000 | -- | $367 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $645,000 | Attorney | |
| Warranty Deed | $750,000 | Banyan Title Of Florida Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $600,000 | Purchase Money Mortgage | |
| Closed | $74,900 | No Value Available |
Source: Stellar MLS
MLS Number: D6146695
APN: 412031478002
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.