63 PALM DRIVE, Placida, FL, 33946 | $1,975,000

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If you value privacy, tranquility, and true island living, this Palm Island property is your perfect escape.

It offers stunning waterfront retreat with direct access to the Intracoastal and the Gulf of Mexico.

This home is one of few on the island constructed with concrete block, which promises lasting durability and peace of mind—built to stand the test of time.

Also lot next door is available for purchase, offering a rare opportunity to expand your private oasis or create a multi-home estate. Perfect for those seeking extra privacy, space for guests, or a potential investment property. The possibilities are endless—build a second residence, guest house, or simply enjoy the added tranquility of owning the neighboring parcel.

Set in a serene, private oasis, this home has been completely renovated throughout with numerous high-end upgrades and modern finishes. Every detail has been thoughtfully designed to create a refined, move-in-ready residence that blends timeless quality with coastal elegance.

Step into a resort-style pool area designed for seamless indoor-outdoor living—perfect for both relaxing and entertaining. Expansive terraces provide breathtaking panoramic views, allowing you to fully embrace the tranquility and beauty of island life.

Inside, the home boasts four generously sized bedrooms, two full bathrooms, and two half baths. The recently updated flooring throughout gives the interior a fresh, modern look. Please check additional pictures with new flooring. The kitchen is a chef’s dream, featuring granite countertops, custom wood cabinetry, stainless steel appliances, and a beautifully upgraded island ideal for enjoying breakfast before a day of adventure.

Additional features include brand-new high-efficiency A/C units, a convenient elevator for added comfort, a brand-new jet ski lift, and a 16, 000 lb. boat lift—perfect for water enthusiasts.

Enjoy access to a private beach just moments away. Spend your days paddle boarding, kayaking, or fishing off your dock, then return to your sanctuary accessible by a short ferry ride or private boat.

This property offers the ultimate combination of privacy and luxury. It’s the perfect retreat for anyone—whether a celebrity seeking a quiet hideaway or a discerning buyer looking for a secure and secluded island lifestyle.

If you’re searching for a peaceful, luxurious escape from the hustle and bustle, look no further. This exceptional Palm Island property is your gateway to a life of sun, serenity, and sophistication.

Features

  • Elevator: Y
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 2 half
  • Lot Size: 80 x 125
  • Laundry: Laundry Chute, Laundry Room
  • Style: Mediterranean
  • Year Built: 2008
  • Garage: 1-car Circular Driveway, Open, Portico, Workshop in Garage
  • Heating: Electric
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 3,294
  • Acreage: 0.23
  • Lot Size: 80 x 125
  • Est. Taxes: $31,677
  • View: Water
  • High School: Lemon Bay High
  • Pool: Gunite, Heated, In Ground, Salt Water
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Filtration System
  • MLS#: N6138903
  • Days on Market: 154 days
  • Website: https://www.raveis.com
    /eprop/N6138903/63palmdrive_placida_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/26/2025 3:33:23 PM)
Listing courtesy of MEDWAY REALTY   Phone: 941-375-2456

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

63 PALM DRIVE, Placida, FL, 33946

$1,975,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,580,000 $1,580,000 $1,580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.353% 6.121% 6.038%
Monthly Tax Payment $2,640 $2,640 $2,640
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,095 $9,473 $13,226
Total Monthly Payment $11,860 $12,238 $15,991

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.