Walter Penachio

Palm Harbor FL

PALM LIFE REALTY

78 Closed Sales

$46.5M Total Value

$298K - $1.5M Price Range

$595.7K Average Price

Prior 5 years

About Walter

Walter Penachio
Palm Life Realty LLC | Palm Harbor, FL
LoopNet Member Since 2017

Development-Focused Broker | Land, Entitlements, and Investment Strategy

Results-driven real estate broker and developer advisor specializing in land acquisition, entitlement strategy, and investment-grade asset positioning across the Tampa Bay market.

With over 20 years of experience, I work directly with builders, investors, and private equity groups to identify, structure, and execute high-performing residential and mixed-use developments.

My focus goes beyond traditional brokerage — I help clients unlock value through:

Entitlement and zoning strategy

Site positioning and highest & best use analysis

Pro forma modeling and deal structuring

Pre-construction marketing and absorption strategy

Capital alignment and investor packaging

?? Track Record & Execution

Successfully positioned and marketed shovel-ready development sites for maximum value

Led projects from concept through approvals and into sale or vertical construction

Structured deals that improved land valuation and financing outcomes

Delivered top-of-market pricing through strategic positioning and targeted exposure

Experience with short-term rental communities, townhome developments, and mixed-use assets

?? Who I Work With

Residential & commercial developers

Private investors and equity groups

Landowners seeking to maximize asset value

Builders looking for pipeline opportunities

? Approach

I operate as a strategic partner, not just a listing agent — combining market intelligence, development insight, and marketing precision to drive results.

Every deal is approached with a focus on:

Maximizing return

Reducing risk

Accelerating timelines

?? Additional Focus

Founder of Palm Life Realty, with divisions in residential sales, commercial development, and global property investment opportunities.

Home Types: House, Townhouse, Condo, Lot/Land

Years of Experience: 21

Education: The Art Institute of Boston; MIT Sloan School of Management

Transaction History

1 Year
2 Year
5 Year

Seller Deals

Total Deals

Total Value

$9,507,550

Average Sale Price

$792,296

Price Range

$186K - $1.5M

Buyer Deals

Total Deals

Neighborhoods Walter is Experienced In

Walter's Recent Active Listings

$849,000
- Land
- 0.42 Acre
- $2,021,429 per Acre
1136 Douglas Ave

Dunedin, FL
Rare MF-15 zoned development opportunity in the heart of Dunedin, directly fronting the Pinellas Trail and backing to a city park—one of the most desirable infill locations in Pinellas County. This ±0.43-acre assemblage (approximately 37,052 SF) consists of the north portions of Lots 1–4, Block 6, together with a fee-owned, vacated public right-of-way, creating a large, buildable site with

Walter Penachio PALM LIFE REALTY

$1,950,000
- Land
- 10 Acres
- $191,176 per Acre
1290 Anderson Snow Rd

Spring Hill, FL
Presenting 1290 Anderson Snow Rd, a premier commercial development opportunity in the rapidly growing Spring Hill market. Strategically positioned along a high-traffic corridor, this expansive parcel offers exceptional visibility, accessibility, and potential for a range of commercial uses. Boasting direct frontage on Anderson Snow Rd, and boarding the Suncoast Parkway, this prime site provides

Walter Penachio PALM LIFE REALTY

$1,690,000
- 3 Beds
- 2.5 Baths
- 2,091 Sq Ft
16 Outlook Way

Unit 9

Dunedin, FL
Pre-Construction. To be built. Introducing 265 Causeway Blvd in Dunedin—a rare coastal end unit townhome experience where modern luxury, sustainable design, and beachside living come together just steps from the sandy shores of the Dunedin Causeway. Each residence in this new construction boutique 12-unit community spans 3,675 square feet of fully functional space over four thoughtfully designed

Walter Penachio PALM LIFE REALTY

$1,375,000
- 3 Beds
- 2.5 Baths
- 2,065 Sq Ft
20 Outlook Way

Unit 7

Dunedin, FL
Pre-Construction. To be built. Introducing 265 Causeway Blvd in Dunedin—a rare coastal townhome experience where modern luxury, sustainable design, and beachside living come together just steps from the sandy shores of the Dunedin Causeway. Each residence in this new construction boutique 12-unit community spans 3,625 square feet of fully functional space over four thoughtfully designed levels,

Walter Penachio PALM LIFE REALTY

Co-Listing Agent

$187,000
- 2 Beds
- 1 Bath
- 930 Sq Ft
2700 Bayshore Blvd

Unit 2105

Dunedin, FL
Experience the best of coastal living in this beautifully updated first-floor condo at 2700 Bayshore Blvd, Unit 2105, ideally located in the heart of Dunedin. Combining comfort, convenience, and an unbeatable waterfront setting, this move-in-ready residence offers the perfect opportunity to enjoy the highly sought-after Gulf Coast lifestyle. Nestled within a waterfront community directly on the

Walter Penachio PALM LIFE REALTY

Co-Listing Agent

$424,900
- 3 Beds
- 2.5 Baths
- 1,633 Sq Ft
5303 S Parkland Terrace

Homosassa, FL
One or more photo(s) has been virtually staged. Pre-Construction. To be built. One or more photo(s) has been virtually staged. Construction permits now in hand!! Escape to your dream home nestled in the heart of charming Old Homosassa, Florida. This stunning coastal-designed masterpiece on S Parkland Terrace offers a spacious sanctuary, boasting a total of 4320 square feet, with 1633 square feet

Walter Penachio PALM LIFE REALTY

$995,000
- Land
- 0.32 Acre
- $3,109,375 per Acre
952/958 Howard Ave

Dunedin, FL
Under contract-accepting backup offers. Downtown Dunedin Development Opportunity – Two Adjacent ParcelsPalm Life Realty is pleased to present 952 & 958 Howard Avenue, a rare assemblage opportunity in the heart of Downtown Dunedin. This offering consists of two contiguous parcels totaling approximately 0.32 acres (13,739 SF) with 114 feet of frontage, located within the Downtown Core (DC)

Walter Penachio PALM LIFE REALTY

Co-Listing Agent

$299,000
- 3 Beds
- 2.5 Baths
- 1,559 Sq Ft
3521 Kings Rd

Unit 102

Palm Harbor, FL
Under contract-accepting backup offers. Welcome to Waterford at Palm Harbor, a beautifully maintained, gated, luxury townhome-style condo in the highly desirable East Lake area. This spacious 3-bedroom, 2.5 bath residence offers 1,559 sq ft of comfortable living and the perfect blend of privacy, convenience, and community amenities. The home also features new flooring and updated kitchen

Walter Penachio PALM LIFE REALTY

Co-Listing Agent

$1,970,000
- 3 Beds
- 2.5 Baths
- 2,163 Sq Ft
20 Outlook Way

Unit 10

Dunedin, FL
Under contract-accepting backup offers. Pre-Construction. To be built. Introducing 265 Causeway Blvd — Dunedin’s Premier Coastal Townhome Retreat. Discover a rare end-unit opportunity where modern luxury, sustainable design, and beachside living converge—just steps from the sandy shores of the Dunedin Causeway. Located in an exclusive new 12-unit boutique community, each townhome offers over

Walter Penachio PALM LIFE REALTY

Recently Sold

$420,000 Sold Jan 5, 2026
- 2 Beds
- 2 Baths
- 1,565 Sq Ft
480 Radnor Dr

Palm Harbor, FL
- 12% Below List
- $268/SF
- 117 Days On Market
- Current Est. Value $445K
Walter Penachio PALM LIFE REALTY

$1,175,000 Sold Jun 3, 2025
- 3 Beds
- 2.5 Baths
- 2,759 Sq Ft
1413 Bayshore Blvd

Unit 11

Dunedin, FL
- $426/SF
- 54 Days On Market
- Current Est. Value $1M
Walter Penachio PALM LIFE REALTY

$1,175,000 Sold Jun 3, 2025
- 3 Beds
- 2.5 Baths
- 2,759 Sq Ft
1413 Bayshore Blvd

Unit 12

Dunedin, FL
- 4% Below List
- $426/SF
- 105 Days On Market
- Current Est. Value $1M
Walter Penachio PALM LIFE REALTY

$1,353,850 Sold May 21, 2025
- 3 Beds
- 3.5 Baths
- 2,829 Sq Ft
1413 Bayshore Blvd

Unit 13

Dunedin, FL
- 8% Below List
- $479/SF
- 38 Days On Market
- Current Est. Value $1M
Walter Penachio PALM LIFE REALTY

$1,250,000 Sold May 21, 2025
- 3 Beds
- 2.5 Baths
- 2,759 Sq Ft
1413 Bayshore Blvd

Unit 10

Dunedin, FL
- $453/SF
- 0 Days On Market
- Current Est. Value $1M
Walter Penachio PALM LIFE REALTY

$1,200,000 Sold May 8, 2025
- 3 Beds
- 2.5 Baths
- 2,759 Sq Ft
1413 Bayshore Blvd

Unit 14

Dunedin, FL
- 4% Above List
- $435/SF
- 1 Day On Market
- Current Est. Value $1M
Walter Penachio PALM LIFE REALTY

$440,000 Sold Apr 28, 2025
- 3 Beds
- 2 Baths
- 1,621 Sq Ft
2321 Islander Ct

Palm Harbor, FL
- 6% Below List
- $271/SF
- 4 Days On Market
- Current Est. Value $456K
Walter Penachio PALM LIFE REALTY

$774,000 Sold Mar 18, 2025
- 3 Beds
- 3 Baths
- 2,263 Sq Ft
848 Oak St

Dunedin, FL
- $342/SF
- 255 Days On Market
- Current Est. Value $807K
Walter Penachio PALM LIFE REALTY

$797,000 Sold Mar 14, 2025
- 3 Beds
- 3 Baths
- 2,318 Sq Ft
850 Oak St

Dunedin, FL
- $344/SF
- 0 Days On Market
Walter Penachio PALM LIFE REALTY

Awards and Designations

NAR - National Association of Realtors

Agent License: Florida 3043989

Walter Penachio

(888) 877-4040

PALM LIFE REALTY

(888) 877-4040

Homes for Sale by City

Walter Penachio

About Walter

Transaction History

Seller Deals

Buyer Deals

Production Over Time

1 Year View by Quarter

Seller Deals

Buyer Deals

Seller Deals

Buyer Deals

Production Over Time

5 Year View

Neighborhoods Walter is Experienced In

Walter's Listings and Deals

Walter's Recent Active Listings

Recently Sold

Awards and Designations