To schedule a showing of 63 Palm Drive, Placida, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,940,000 Increase +$50,000
63 Palm Drive
Placida, FL 33946
  • 4Beds
  • 4.00Total Baths
  • 2 Full, 2 HalfBaths
  • 3,294SqFt
  • 2008Year Built
  • 0.23Acres
  • MLS# N6138903
  • Residential
  • SingleFamilyResidence
  • Active


Overview

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.



Agriculture / Farm

Association Fees / Info

Community Features:  Waterfront

Pets Allowed:  CatsOk, DogsOk, Yes

Bathroom Info

Total Baths:  4.00

Fullbaths:  2

Building Info

Window Features:  WindowTreatments

Roof:  Tile

Building Area Source:  Owner

Buyer Compensation

Exterior Features

Style:  SpanishMediterranean

Pool Features:  Gunite, Heated, InGround, SaltWater

Patio:  Covered, Deck, FrontPorch, Patio, Porch, SidePorch, WrapAround, Balcony

Pool Private:  Yes

Exterior Features:  Balcony, FrenchPatioDoors, Lighting, OutdoorShower, RainGutters, Storage

Fees / Restrictions

Financial

Original Price:  $2,350,000

Fencing:  Vinyl

Garage / Parking

Open Parking:  Yes

Parking Features:  CircularDriveway, Open, WorkshopInGarage

Attached Garage:  Yes

Garage:  Yes

Green / Env Info

Interior Features

Floors:  Carpet, CeramicTile, LuxuryVinyl, Wood

Levels:  Two

Spa:  Yes

Laundry Features:  LaundryChute, LaundryRoom

Interior Features:  BuiltInFeatures, TrayCeilings, CeilingFans, CrownMolding, EatInKitchen, Elevator, HighCeilings, SolidSurfaceCounters, UpperLevelPrimary, WalkInClosets, WoodCabinets, WindowTreatments

Appliances:  BuiltInOven, ConvectionOven, Cooktop, Dishwasher, ExhaustFan, ElectricWaterHeater, Disposal, IceMaker, Microwave, WaterPurifier, Washer

Spa Features:  Heated, InGround

Lot Info

Direction Remarks:  From Placida Road turn to Panama Blvd., and keep driving to the car ferry landing.

Lot Size Units:  Acres

Lot Size Acres:  0.23

Lot Sqft:  10,000

Est Lotsize:  80x125

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  28

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Property Condition:  NewConstruction

Construction Materials:  Block, InsulatedConcreteForms, Stucco

Stories:  2

Total Stories:  2

Foundation:  Block, PillarPostPier

Human Modified:  Yes

Room Info

Total Rooms:  10

Sqft Info

Sqft:  3,294

Bulding Area Sqft:  5,300

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  23

Tax Legal Description:  PIE 003 000I 0023 PALM ISLAND ESTS UN 3 BLK I LT 23 1755/1436 2765/176 2807/1000 CT4204/1153

Tax Block:  I

Tax Annual Amount:  31677

Tax Book Number:  6-4

Unit Info

Utilities / Hvac

Heating:  Electric

Water Source:  Public

Sewer:  SepticTank

Cool System:  CentralAir, Zoned, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableConnected, ElectricityConnected, HighSpeedInternetAvailable, UndergroundUtilities, WaterConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  CanalAccess

View:  Yes

Water Body Name:  T-CANAL

View:  Canal, Ocean, Water

Schools

High:  Lemon Bay High

Directions

From Placida Road turn to Panama Blvd., and keep driving to the car ferry landing.

This listing courtesy of Medway Realty 

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Price & Status History (on davidshippey.com since Thu, May 15th 2025)
  • Original Price: $2,350,000
  • Current Price: $1,940,000
  • Price Reduced: $410,000
Date ChangedFromTo
05/31/2026$1,890,000 $1,940,000 Increase by $50,000
04/17/2026$1,950,000 $1,890,000 Reduced by $60,000
03/14/2026$1,975,000 $1,950,000 Reduced by $25,000
12/18/2025$2,050,000 $1,975,000 Reduced by $75,000
11/10/2025$2,150,000 $2,050,000 Reduced by $100,000
10/29/2025$2,149,000 $2,150,000 Increase by $1,000
10/23/2025$2,195,000 $2,149,000 Reduced by $46,000

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If you have any questions on 63 Palm Drive, Placida, Florida, please call David Shippey at 863-521-4517.


MLS# N6138903 located at 63 Palm Drive, Placida, Florida is brought to you by David Shippey REALTOR®

63 Palm Drive, Placida, Florida has 4 Beds, 2 Full Bath, and 2 Half Bath.
The MLS Number for 63 Palm Drive, Placida, Florida is N6138903.
The price for 63 Palm Drive, Placida, Florida is $1,940,000.
The status of 63 Palm Drive, Placida, Florida is Active.
The subdivision of 63 Palm Drive, Placida, Florida is Palm Island Estates Un 3.
The home located at 63 Palm Drive, Placida, Florida was built in 2026.