Under contract

120 GASPARILLA Way, PLACIDA, FL 33946

Beds
3
Baths
2
Sqft
1,865

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCOLDWELL BANKER REALTY
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Overview

Under contract-accepting backup offers. 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.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
3
Number of bathrooms
2
Square feet
1,865
Lot size (acres)
0.47
Year built
2003

Interior features

Laundry
Inside, Laundry Chute, Laundry Room

Exterior features

Water view
Yes
Waterfront
Bay/Harbor
Area amenities
Golf Course

Utilities

Heating
Central
Cooling
Central Air
Sewer
Septic System
Water
Public Water

Estimated monthly costs

HOA Fees
$10

Taxes

Tax Annual Amount (2025)
$10,276

Public schools

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Sourced from: Stellar MLS MLS®#: A4679720 Last checked:

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