Residential Property - Single Family Residence in Placida
Listing Price: $995,000
Description of Property
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.
































































Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Placida
County: Charlotte
Subdivision: Palm Island Estates 3rd Add
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 2,730
Sq. Ft. Living Area: 1,839
Cost per (heated) sqare foot: $541
Year built: 1992
Annual Tax: $15,032
HOA Fee: $60 Annually
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Flooring: Hardwood
Schools
Elementary School: Vineland Elementary
Middle/Junior High School: L.A. Ainger Middle
High School: Lemon Bay High
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Canal - Saltwater
Water Name: YACHT BASIN- LEMON BAY
Exterior & Construction
Architectural Style: Florida
Construction: Wood Siding
Foundation: Stilt/On Piling
Roof: Metal
Exterior Features: Storage
Carport: Yes
Carport Spaces: 1
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: Deck
View: Water
Sewer: Septic Tank
Water Source: Public
Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 0.28
Lot Size (sq. ft.): 12,375 square feet
Lot Dimensions: 53.5 x 125 x 126 x 125
Road Frontage: Street Unpaved
Front Exposure: Northeast
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 412031478002
Zoning: BBI
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: PIE 003 000I 0017 PALM ISLAND ESTATES 3RD ADD BLK I LT 17 583/979 584/1128 802/1007 1084/1197 2589/1165 4432/1438
Section: 29
Range: 20E
Listing courtesy of TARPON REAL ESTATE, INC.. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

