$1,975,000
$375K PRICE DROP

Estimated payment $12,957/month

Total Views 2,921
4 Beds
4 Baths
3,294 Sq Ft
$600 Price per Sq Ft

Highlights

  • 160 Feet of Waterfront
  • Sailboat Water Access
  • Heated In Ground Pool
  • Dock has access to electricity
  • Boat Lift
  • Partial Gulf or Ocean Views

About This Home

.
If you value privacy, tranquility, and true island living, this Palm Island property is your perfect escape. It offers stunning waterfront retreat with direct access to the Intracoastal and the Gulf of Mexico. This home is one of few on the island constructed with concrete block, which promises lasting durability and peace of mind—built to stand the test of time. Also lot next door is available for purchase, offering a rare opportunity to expand your private oasis or create a multi-home estate. Perfect for those seeking extra privacy, space for guests, or a potential investment property. The possibilities are endless—build a second residence, guest house, or simply enjoy the added tranquility of owning the neighboring parcel. Set in a serene, private oasis, this home has been completely renovated throughout with numerous high-end upgrades and modern finishes. Every detail has been thoughtfully designed to create a refined, move-in-ready residence that blends timeless quality with coastal elegance. Step into a resort-style pool area designed for seamless indoor-outdoor living—perfect for both relaxing and entertaining. Expansive terraces provide breathtaking panoramic views, allowing you to fully embrace the tranquility and beauty of island life. Inside, the home boasts four generously sized bedrooms, two full bathrooms, and two half baths. The recently updated flooring throughout gives the interior a fresh, modern look. Please check additional pictures with new flooring. The kitchen is a chef’s dream, featuring granite countertops, custom wood cabinetry, stainless steel appliances, and a beautifully upgraded island ideal for enjoying breakfast before a day of adventure. Additional features include brand-new high-efficiency A/C units, a convenient elevator for added comfort, a brand-new jet ski lift, and a 16,000 lb. boat lift—perfect for water enthusiasts. Enjoy access to a private beach just moments away. Spend your days paddle boarding, kayaking, or fishing off your dock, then return to your sanctuary accessible by a short ferry ride or private boat. This property offers the ultimate combination of privacy and luxury. It’s the perfect retreat for anyone—whether a celebrity seeking a quiet hideaway or a discerning buyer looking for a secure and secluded island lifestyle. If you’re searching for a peaceful, luxurious escape from the hustle and bustle, look no further. This exceptional Palm Island property is your gateway to a life of sun, serenity, and sophistication.

Listing Agent

Magdalena Lewicki

MEDWAY REALTY Brokerage Phone: 941-375-2456 License #3308336 Listed on: 05/15/2025

MEDWAY REALTY

Co-Listing Agent

Payton Doyle

MEDWAY REALTY Brokerage Phone: 941-375-2456 License #3570252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,677

Year Built

  • Built in 2008

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125
  • 160 Feet of Waterfront
  • 80 Feet of Salt Water Canal Waterfront
  • 80 Feet of Lagoon Waterfront
  • Property fronts a saltwater canal
  • Dirt Road
  • Southwest Facing Home
  • Vinyl Fence
  • Property is zoned BBI

Parking

  • 1 Car Attached Garage
  • Portico
  • Workshop in Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Partial Bay or Harbor
  • Canal

Home Design

  • Mediterranean Architecture
  • Elevated Home
  • Block Foundation
  • Insulated Concrete Forms
  • Tile Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,294 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Built-In Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer
  • Laundry Chute

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Sailboat Water Access
  • Access to Saltwater Canal
  • Boat Lift
  • Dock has access to electricity
  • Dock made with wood
  • Open Dock
  • Balcony
  • Deck
  • Wrap Around Porch
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Schools

  • Lemon Bay High School

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Water Filtration System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Estates Un 3 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,677

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, ICFs (Insulated Concrete Forms), Stucco
  • Fireplace: No
  • Living Area: 3294
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 5300
  • Lot Size Sq Ft: 10000
  • Status: Active
  • Co List Office Mls Id: MFR284509259
  • Co List Office Phone: 941-375-2456
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 492.39
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 599.57
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open,Dock - Wood,Dock w/Electric,Lift
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Waterfront
  • Attribution Contact: 941-375-2456
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Filtration System
  • Foundation Details: Block, Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Living Area Meters: 306.02

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Exterior Features: Balcony, French Doors, Lighting, Outdoor Shower, Rain Gutters, Storage
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: T-CANAL
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch, Side Porch, Wrap Around
  • Road Surface Type: Dirt
  • Water Access: Canal - Saltwater
  • Water Extras: Lift,Sailboat Water
  • Water Frontage Feet Canal Salt: 80
  • Water View: Canal,Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 160
  • Water Frontage Feet Lagoon: 80

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Open, Portico, Workshop in Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Laundry Chute, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Charlotte County Leash Law
  • Development: Not in Development

Fee Information

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

Schools

  • High School: Lemon Bay High

Lot Info

  • Zoning: BBI
  • Parcel Number: 412028303001
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Dimensions: 80x125
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 31677
  • Tax Block: I
  • Tax Book Number: 6-4
  • Tax Lot: 23

Multi Family

  • Waterfront Features: Canal - Saltwater

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 $31,677 $1,606,122 $244,800 $1,361,322
2024 $30,445 $1,861,301 $244,800 $1,616,501
2023 $30,445 $1,604,439 $0 $0
2022 $26,611 $1,458,581 $203,320 $1,255,261
2021 $20,028 $1,040,776 $130,560 $910,216
2020 $20,070 $1,037,369 $129,200 $908,169
2019 $21,504 $1,110,255 $122,400 $987,855
2018 $19,307 $1,034,667 $108,800 $925,867
2017 $18,995 $1,015,037 $108,800 $906,237
2016 $18,885 $975,652 $0 $0
2015 $10,165 $533,590 $0 $0
2014 $10,070 $529,355 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2025 12/18/25 Price Changed $1,975,000 -3.7% $600 / Sq Ft
11/10/2025 11/10/25 Price Changed $2,050,000 -4.7% $622 / Sq Ft
10/29/2025 10/29/25 Price Changed $2,150,000 0.0% $653 / Sq Ft
10/23/2025 10/23/25 Price Changed $2,149,000 -2.1% $652 / Sq Ft
10/05/2025 10/05/25 For Sale $2,195,000 0.0% $666 / Sq Ft
08/03/2025 08/03/25 Off Market $2,195,000 -- --
05/25/2025 05/25/25 Price Changed $2,195,000 -6.6% $666 / Sq Ft
05/15/2025 05/15/25 For Sale $2,350,000 +123.8% $713 / Sq Ft
03/19/2021 03/19/21 Sold $1,050,000 -4.1% $319 / Sq Ft View Prior Sale
02/24/2021 02/24/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $1,095,000 0.0% $332 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $1,095,000 -- $332 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $1,050,000 Florida Abstract & Security
Deed $670,000 None Available
Deed $600,000 --
Deed -- --
Warranty Deed $315,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Commercial
Previous Owner $120,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: N6138903

Stellar MLS

APN: 412028303001