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$1,890,000
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Property 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 construction-one of the few homes on the island with this level of strength-this residence was designed to stand the test of time while offering complete peace of mind. Income-Producing Opportunity on Palm Island This 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 leasing-making 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, you'll 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 chef's kitchen features granite countertops, custom wood cabinetry, stainless steel appliances, and a beautifully upgraded island-perfect 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 estate-an 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.
Full Property Details
Full Property Details for 63 Palm Dr
General
- Price: $1,890,000
- Taxes: $31,677 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: N6138903
- Updated: 4/17/2026
- Added to Site: 354 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 10
- Interior Features: Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Filtration System
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Chute, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground, Salt Water
- Spa: Yes
- Spa Description: Heated, In Ground
Exterior
- Exterior Features: Balcony, French Doors, Lighting, Outdoor Shower, Rain Gutters, Storage
- Deck/Patio: Covered, Deck, Front Porch, Patio, Porch, Side Porch, Wrap Around
- Porch/Patio/Deck: Covered, Deck, Front Porch, Patio, Porch, Side Porch, Wr
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Circular Driveway, Open, Portico, Workshop in Garage
Location
- Area: 33946 - Placida
- County: Charlotte
- Development Name: 33946 - Placida
- Subdivision: PALM ISLAND ESTATES UN 3
- Driving Directions: From Placida Road turn to Panama Blvd., and keep driving to the car ferry landing.
- Direction Faces: Southwest
School Information
- High School: Lemon Bay High
Community
- Community Name: 33946 - Placida
- Community Features: Waterfront
- Pet Restrictions: Charlotte County Leash Law
Heating & Cooling
- Cooling Type: Central Air, Zoned
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water District: T-CANAL
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Structural Information
- Architectural Info: Mediterranean
- Architectural Style: Mediterranean
- Exterior Const.: Block, ICFs (Insulated Concrete Forms), Stucco
- Roof: Tile
- Stories/Levels: Two
- Square Feet: 3,294
- Sq. Ft. Source: Public Records
- Year Built: 2008
Lot Features
- Property View: Water
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size: 10000
- Lot Dimensions: 80 x 125
- Street/Road Desc.: Dirt
- Fencing (Description): Vinyl
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater
- Water Extras: Yes
- Water Front Name: T-CANAL
- Water Front Desc.: Waterfront, Saltwater Canal
Financial Considerations
- Tax Amount: $31,677
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PIE 003 000I 0023 PALM ISLAND ESTS UN 3 BLK I LT 23 1755/1436 2765/176 2807/1000 CT4204/1153
- Flood Zone Info: AE
- APN: 412028303001
- Property ID: 412028303001
- Block/Lot/Section: I
Listed by Medway Realty
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Schools
Schools serving 63 Palm Dr
School District:Charlotte County School District
| Name | Grades | Distance |
|---|---|---|
Vineland Elementary School 467 Boundary Boulevard, Rotonda West, FL 33947 | PK-5 | 3.5 mi |
L. A. Ainger Middle School 245 Cougar Way, Rotonda West, FL 33947 | 6-8 | 3.3 mi |
Lemon Bay High School 2201 Placida Road, Englewood, FL 34224 | 9-12 | 3.5 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 63 Palm Dr
Date
Details
Price
Change
Source
4/17/2026
Price Reduced
$1,890,000
-3.08%
MLS
3/14/2026
Price Reduced
$1,950,000
-1.27%
MLS
12/18/2025
Price Reduced
$1,975,000
-3.66%
MLS
11/10/2025
Price Reduced
$2,050,000
-4.65%
MLS
10/29/2025
Price Increased
$2,150,000
0.05%
MLS
10/23/2025
Price Reduced
$2,149,000
-2.1%
MLS
5/25/2025
Price Reduced
$2,195,000
-6.6%
MLS
5/15/2025
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 63 Palm Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,555
-16%
$1,606,122
-10%
2024
$31,677
4%
$1,776,622
11%
2023
$30,445
14%
$1,604,439
10%
2022
$26,611
33%
$1,458,581
40%
2021
$20,028
—
$1,040,776
—
2021
$20,028
4%
$1,037,369
—
2018
$19,307
2%
$1,034,667
2%
2017
$18,995
-12%
$1,015,037
-9%
2019
$21,504
14%
$1,110,255
14%
2016
$18,885
86%
$975,652
83%
2015
$10,165
1%
$533,590
1%
2014
$10,070
-1%
$529,355
-4%
2013
$10,201
—
$549,444
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 63 Palm Dr
63 Palm Drive, Placida, FL 33946 (MLS# N6138903) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 63 Palm Drive is currently listed for $1,890,000 and was received on May 15, 2025. Want to learn more about 63 Palm Drive? 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.

