$1,129,990
PENDING $120K PRICE DROP

Estimated payment $8,274/month

Total Views 1,211
2 Beds
2 Baths
1,387 Sq Ft
$815 Price per Sq Ft

Highlights

  • 100 Feet of Ocean to Bay Waterfront
  • Deeded Boat Dock
  • Coastal Architecture
  • Beach Access
  • 0.9 Acre Lot
  • Great Room

About This Home

Gulf-to-Bay Opportunity on Don Pedro Island – Priced at Lot Value!
Discover a rare Gulf-to-Bay property on the exclusive Don Pedro Island, a bridgeless barrier island nestled between Sarasota and Fort Myers. Accessible only by a short car ferry ride, this serene location offers the ultimate escape—where quiet beaches, unspoiled nature, and laid-back island living define your everyday. This unique property offers the best of both worlds: beachfront living on the Gulf of Mexico and a boater’s paradise on the bay side, with just two bridges to the Intracoastal Waterway and Gulf access beyond. The home sustained damage during the 2024 summer hurricanes and will require repairs. There is currently no electricity to the structure, and stairs need to be rebuilt. Buyer is responsible for determining the extent of restoration required. This is a lot value sale, making it an incredible opportunity for someone with vision to build or restore in a one-of-a-kind location. Whether you're looking to create a stunning new island retreat or restore a piece of Old Florida charm, this property is your chance to own a slice of paradise in one of the most peaceful and picturesque corners of Florida.

Listing Agent

Courtney Defilippis

PARADISE EXCLUSIVE INC Brokerage Phone: 941-698-0303 License #3127856 Listed on: 09/08/2025

PARADISE EXCLUSIVE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,038

Year Built

  • Built in 1982

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 100x125
  • 100 Feet of Ocean to Bay Waterfront
  • Street terminates at a dead end
  • East Facing Home
  • Property is zoned BBI

Property Views

  • White Water Ocean
  • Beach
  • Lagoon

Home Design

  • Coastal Architecture
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,387 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Fixed Bridges
  • Access To Lagoon or Estuary
  • Access to Saltwater Canal
  • Deeded Boat Dock

Additional Features

  • Flood Zone Lot
  • Septic Tank

Community Details

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Estates Unit 4 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,038

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 1387
  • Lot Size Acres: 0.9
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1967
  • Lot Size Sq Ft: 39333
  • Status: Pending
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 182.74
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 814.70
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Property Description: Elevated,Stilt Home
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • MFR_DockYN: 1
  • Attribution Contact: 941-698-0303
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Living Area Meters: 128.86

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF AND BOCILLA LAGOON
  • Waterfront: Yes
  • Road Surface Type: Other
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway,Lagoon
  • Water Extras: Bridges - Fixed
  • Water View: Bay/Harbor - Full,Beach,Gulf/Ocean - Full,Gulf/Ocean to Bay,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Water Frontage Feet Ocean 2 Bay: 100

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Other
  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: BUYER TO VERIFY

Fee Information

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

Lot Info

  • Zoning: BBI
  • Parcel Number: 412033151005
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Street Dead-End
  • Lot Dimensions: 100x125
  • Flood Zone Code: VE

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: BUYER TO VERIFY

Tax Info

  • Tax Annual Amount: 28037.84
  • Tax Block: A
  • Tax Book Number: 6-4
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Gulf/Ocean to Bay

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $28,038 $816,570 $805,800 $10,770
2024 $27,135 $1,755,950 $805,800 $950,150
2023 $27,135 $1,308,773 $0 $0
2022 $23,923 $1,413,092 $671,500 $741,592
2021 $21,244 $1,081,631 $588,200 $493,431
2020 $11,187 $556,802 $0 $0
2019 $10,967 $544,283 $0 $0
2018 $10,367 $534,134 $0 $0
2017 $11,159 $523,148 $0 $0
2016 $11,198 $512,388 $0 $0
2015 $11,278 $508,826 $0 $0
2014 $11,183 $504,788 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2025 12/08/25 Pending -- -- --
11/26/2025 11/26/25 Off Market $1,129,990 -- --
11/04/2025 11/04/25 Price Changed $1,129,990 -2.2% $815 / Sq Ft
10/21/2025 10/21/25 Price Changed $1,154,990 -1.7% $833 / Sq Ft
10/09/2025 10/09/25 Price Changed $1,174,990 -2.1% $847 / Sq Ft
09/26/2025 09/26/25 Price Changed $1,199,990 -2.0% $865 / Sq Ft
09/20/2025 09/20/25 Price Changed $1,224,900 -2.0% $883 / Sq Ft
09/08/2025 09/08/25 For Sale $1,250,000 +4.2% $901 / Sq Ft
10/31/2020 10/31/20 Sold $1,200,000 0.0% $610 / Sq Ft View Prior Sale
10/28/2020 10/28/20 Pending -- -- --
10/02/2020 10/02/20 Off Market $1,200,000 -- --
08/18/2020 08/18/20 Price Changed $1,175,000 +4.4% $597 / Sq Ft
05/28/2020 05/28/20 Price Changed $1,125,000 +2.3% $572 / Sq Ft
02/25/2020 02/25/20 Price Changed $1,100,000 -1.7% $559 / Sq Ft
01/15/2020 01/15/20 Price Changed $1,119,000 -8.5% $569 / Sq Ft
01/08/2020 01/08/20 Price Changed $1,223,000 -0.1% $622 / Sq Ft
12/30/2019 12/30/19 Price Changed $1,224,000 -0.1% $622 / Sq Ft
12/13/2019 12/13/19 Price Changed $1,225,000 -0.4% $623 / Sq Ft
12/02/2019 12/02/19 Price Changed $1,230,000 -0.4% $625 / Sq Ft
11/21/2019 11/21/19 Price Changed $1,235,000 -0.4% $628 / Sq Ft
11/05/2019 11/05/19 Price Changed $1,240,000 -0.4% $630 / Sq Ft
10/24/2019 10/24/19 Price Changed $1,245,000 -0.4% $633 / Sq Ft
09/26/2019 09/26/19 For Sale $1,250,000 -- $635 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 Stewart Title Company
Warranty Deed $1,200,000 Stewart Title
Warranty Deed $230,000 Silver King Title Company
Warranty Deed $795,000 Silver King Title Company
Warranty Deed $442,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,000 New Conventional
Closed $960,000 New Conventional
Previous Owner $442,050 Balloon
Source: Public Records

Source: Stellar MLS

MLS Number: D6143713

Stellar MLS

APN: 412033151005