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$820,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,865 Sq. Ft.
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LOWEST PRICED SINGLE FAMILY HOME ON ISLAND W NO BRIDGES TO GULF FROM PRIVATE DOUBLE SIDED BOAT DOCK WITH WATER AND ELECTRIC. Experience the unmatched allure of Palm Island, one of Florida's most secluded and luxurious coastal escapes. Please see Realtor remarks regarding assumable mortgage offered by seller at EXTREMELY ATTRACTIVE RATE. This seven-mile barrier island, nestled between Sarasota and Fort Myers on the Gulf Coast, is accessible only by car ferry-instantly creating an atmosphere of exclusivity and tranquility from the moment you arrive. Here, sugar-white beaches, serene harbors, winding lagoons, world-class fishing think prize Tarpon, and extraordinary shelling become the backdrop to a lifestyle defined by relaxation and natural beauty. Set on the intracoastal waterway, this stunning home offers approximately 1,800 square feet of inviting living space with three beautifully appointed bedrooms and two baths. The dramatic loft-style primary suite features a queen bed, its own sitting area with a convertible single, and even a full bed set within an expansive walk-in closet. The additional bedrooms provide generous accommodations, including two full beds in one room and a queen in the other, ensuring comfort for family and guests alike. The expansive great room elevates coastal living with its corner wood-burning coral fireplace, soaring vaulted ceilings, and a fully equipped kitchen boasting a gas cooktop-ideal for relaxed evenings or entertaining. Step onto the screened balcony for delightful peek-a-boo views of the canal and intracoastal, or retreat to the private third-floor terrace off the loft bedroom for a peaceful morning coffee high above the island. The property's deep-water, double-sided dock-with both electric and water-invites you to launch into endless boating adventures. Below the home, a beautifully pavered area creates a breezy open-air retreat complete with an outdoor shower, offering even more space to enjoy island living. Palm Island's charm extends beyond the home with the beloved Rum Bay Restaurant, its adjacent ice cream shop, and the island's signature amenities including kayak, paddleboard, and golf cart rentals. The ferry runs daily, offering seamless access to your private sanctuary-just drive aboard, cross the water, and step into a world where life slows down and serenity takes center stage. Palm Island is more than a destination; it is a truly extraordinary place to call home.

Full Property Details for 120 Gasparilla Way

General

  • Sold For: $820,000
  • HOA FEE: $10/month
  • HOA FEE FREQ.: Annually
  • Taxes: $10,276 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4679720
  • Added to Site: 287 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 8
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Fireplace: Yes
  • Fireplace(s): Family Room, Wood Burning
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Furnishings: Turnkey
  • Flooring: Ceramic Tile, Luxury Vinyl, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Inside, Laundry Chute, Laundry Room

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower, Sliding Doors
  • Deck/Patio: Covered, Deck, Screened
  • Porch/Patio/Deck: Covered, Deck, Screened

Parking

  • Carports: Yes
  • Carport: 1
  • Carport Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Covered, Driveway, Golf Cart Parking, Under Building

Location

  • Area: 33946 - Placida
  • County: Charlotte
  • Development Name: 33946 - Placida
  • Subdivision: PALM ISLAND ESTS
  • Driving Directions: Ferry only island. Winchester Road to South on Placida, to right onto Panama, take ferry across to Palm Island, then N Gulf to left on S Gulf to left on Bocilla to left on Gasparilla Way, house on left.
  • Direction Faces: East

School Information

  • Elementary School: Vineland Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High

Community

  • Community Name: 33946 - Placida
  • Community Features: Golf Carts OK
  • Association: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water District: BOCILLA PASS
  • Water: Public
  • Utility Description: Cable TV Available, Cable Connected, Electricity Connected, Propane, Underground Utilities

Structural Information

  • Architectural Info: Coastal
  • Architectural Style: Coastal
  • Exterior Const.: Wood Frame
  • Roof: Metal
  • Windows: Blinds, Rods, Thermal Windows, Window Treatments
  • Stories/Levels: Two
  • Square Feet: 1,865
  • Sq. Ft. Source: Owner
  • Living Area: 1,865 Sq. Ft.
  • Year Built: 2003

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.47
  • Lot Size (Sq. Ft.): 20,560
  • Lot Size: 20560
  • Frontage: Street Unpaved
  • Street/Road Desc.: Unimproved, Gravel
  • Fencing (Description): Wood

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Bay/Harbor, Beach - Access Deeded
  • Water Front Name: BOCILLA PASS
  • Water Front Desc.: Bay/Harbor

Financial Considerations

  • Association Fee: $125
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Optional
  • Tax Amount: $10,276
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: PALM ISLAND ESTS UNIT 4 BLK E LT 12 671/1643 740/2133 742/302 894/239 914/1583 942/1796 E1023/1092
  • Flood Zone Info: AE
  • APN: 412033128009
  • Property ID: 412033128009
  • Block/Lot/Section: E

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— 120 Gasparilla Way —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 120 Gasparilla Way

School District:Charlotte County School District
NameGradesDistance
Vineland Elementary School
467 Boundary Boulevard, Rotonda West, FL 33947
PK-53.7 mi
L. A. Ainger Middle School
245 Cougar Way, Rotonda West, FL 33947
6-83.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 120 Gasparilla Way

Date
Details
Price
Change
Source
10/05/2026
Sold
$820,000
-8.88%
MLS
6/30/2026
Price Reduced
$899,900
-5.26%
MLS
5/03/2026
Price Reduced
$949,900
-2.56%
MLS
4/16/2026
Price Reduced
$974,900
-2.51%
MLS
4/01/2026
Price Reduced
$999,998
—
MLS
1/26/2026
Listed
$999,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

120 Gasparilla Way, Placida, FL 33946 (MLS# A4679720) is a Single Family property that was sold at $820,000 on October 05, 2026. This property was listed by Team Cashi from our Lakewood Ranch Office.Want to learn more about 120 Gasparilla Way? Do you have questions about finding other Single Family real estate for sale in Placida? You can browse all Placida real estate or contact a Coldwell Banker agent to request more information.