Single Family Residence For Sale
$1,950,000
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Overview
4 bed
2 bath
0 acres
3294 ft2
Description
Experience the rare beauty of true private island living.Nestled on exclusive Palm Island, this stunning waterfront retreat offers direct canal access to the Intracoastal Waterway and the Gulf of Mexico, combining privacy, tranquility, and the effortless elegance of coastal living. Built with durable concrete block constructionone of the few homes on the island with this level of strengththis residence was designed to stand the test of time while offering complete peace of mind.Income-Producing Opportunity on Palm IslandThis exceptional Palm Island property offers outstanding income potential, with the current owners successfully generating up to $850 a night in rental revenue. With no HOA fees and no minimum rental restrictions, this home provides rare flexibility for short-term or long-term leasingmaking it an ideal investment, vacation rental, or personal retreat with strong cash-flow potential. Whether you choose to continue its proven rental success or enjoy it as your own private island getaway, this property delivers both lifestyle and income in one unique offering.Completely renovated with numerous high-end upgrades and modern finishes, the home showcases a refined, move-in-ready interior where thoughtful design meets timeless coastal sophistication. Inside, youll find four generously sized bedrooms, two full bathrooms, and two half baths, along with updated flooring that gives the home a fresh and contemporary feel. The chefs kitchen features granite countertops, custom wood cabinetry, stainless steel appliances, and a beautifully upgraded islandperfect for enjoying a quiet breakfast before a day on the water.Step outside to a resort-style pool area designed for seamless indoor-outdoor living. Expansive terraces provide breathtaking panoramic views and create the perfect setting for relaxing or entertaining while embracing the peaceful beauty of island life.For boating enthusiasts, the property offers exceptional waterfront amenities including a 16,000-lb boat lift and a brand-new jet ski lift, providing easy access to endless days on the water. A private beach is just moments away, where you can enjoy paddle boarding, kayaking, fishing, or simply soaking in the serenity of the Gulf.An additional highlight is the adjacent lot available for purchase, presenting a rare opportunity to expand your private oasis, build a guest house, or create a multi-home estatean exceptional investment and lifestyle opportunity seldom available on Palm Island.Additional features include brand-new high-efficiency A/C units and a convenient elevator for comfort and accessibility.Accessible by a short ferry ride or private boat, this remarkable property offers the ultimate balance of seclusion, luxury, and coastal adventure. Whether you are searching for a private island retreat, a waterfront escape for family and guests, or a secure and tranquil sanctuary away from the everyday, this Palm Island residence offers a lifestyle few properties can match.Welcome to a life of sun, serenity, and island living.
Details
| $1,950,000 | |
| N6138903 | |
| 05/15/2025 | |
| 03/29/2026 | |
| $592 per sq ft | |
| 324 | |
| 2.5 | |
| 4 | |
| 3,294 sqft | |
| 2008 | |
| Charlotte | |
| Palm Island Estates Un 3 | |
Features
| Exterior | Balcony, French Doors, Lighting, Outdoor Shower, Rain Gutters, Storage |
| Interior | 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 |
| Paito or Porch | Covered, Deck, Front Porch, Patio, Porch, Side Porch, Wrap Around |
| Parking | Circular Driveway, Open, Portico, Workshop in Garage |
| Pool | Gunite, Heated, In Ground, Salt Water |
| Schools | High School: Lemon Bay High |
| Spa | Heated, In Ground |
| Waterfront | Canal - Saltwater |
Virtual Tour
Listing History
| Date | Availability | Price | Difference |
|---|---|---|---|
| 03/14/2026 | Active | $1,950,000 | ($25,000) |
| 12/18/2025 | Active | $1,975,000 | ($75,000) |
| 11/10/2025 | Active | $2,050,000 | ($100,000) |
| 10/29/2025 | Active | $2,150,000 | $1,000 |
| 10/23/2025 | Active | $2,149,000 | $0 |
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Listing courtesy of:
Magdalena Lewicki
Medway Realty
My Florida Regional MLS DBA Stellar MLS
Updated: 3/29/2026 8:53:09 PM
Disclaimer: The information being provided by My Florida Regional MLS DBA Stellar MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of My Florida Regional MLS DBA Stellar MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by My Florida Regional MLS DBA Stellar MLS.
