10470 SUNNY DREAMS TERRACE, Placida, FL, 33946 | $4,200,000

Discover the unparalleled elegance of Flamingo Ranch, a sprawling estate offering over 5, 000 sq. ft. of thoughtfully designed living space. This exceptional residence features 5 bedrooms and 4. 5 bathrooms, seamlessly blending luxury, comfort, and coastal charm. Set on nearly 3 acres with almost 300 feet of pristine Lemon Bay shoreline, the property offers deep-water dockage including a covered 16, 000lb boat lift, along with a second dock capable of accommodating a vessel up to 55 feet. Additional highlights include a convenient kayak launch directly from Lemon Bay and a dedicated boat launch from one of the docks, providing effortless access to the Intracoastal Waterway and the Gulf, a true haven for boating and waterfront enthusiasts. The interior exudes comfort and functionality, with the master suite conveniently located on the ground floor for privacy and ease, while four additional bedrooms upstairs provide ample space for family or guests. The open-concept layout effortlessly connects living, dining, and entertainment areas, making it ideal for gatherings and socializing. A classic wraparound porch invites you to relax and take in sweeping views of the surrounding waterfront and natural landscape, perfect for morning coffee, sunset evenings, or entertaining guests. Step outside to enjoy a heated saltwater pool, a private pond, and a landscaped paradise enhanced by the home’s efficient irrigation system. A detached 3-car garage with workshop and a 44 x 12 ft storage area offers abundant space for vehicles, tools, and recreational equipment. Built for both beauty and resilience, Flamingo Ranch features solid block construction, foam insulation, hurricane-rated windows and shutters, a full backup generator, and a self-sufficient irrigation system with its own water source, keeping landscaping costs remarkably low while maintaining lush grounds year-round. The property also offers flexible opportunities, with the option to subdivide off the front one acre, ideal for additional building, agricultural use, horses, or recreational purposes, and is just minutes from Coral Creek Airport, perfect for private aviation enthusiasts. Nearby beach access places you moments from wide, pristine Gulf beaches, offering the best of both waterfront living and effortless beach enjoyment. Palm Island residents also have the opportunity to enjoy tennis and fitness memberships at Palm Island Resort, conveniently located close to the home, further enhancing the island lifestyle. Flamingo Ranch combines architectural excellence, coastal elegance, and unrivaled waterfront access, offering a lifestyle defined by luxury, serenity, and the very best of Palm Island living.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Lot Size: 239 x 999
  • Laundry: Laundry Room
  • Style: Coastal, Custom
  • Year Built: 2002
  • Garage: 3-car Circular Driveway, Covered, Deeded, Driveway, Golf Cart Garage, Golf Cart Parking, Ground Level, Oversized, Workshop in Garage
  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 4,243
  • Acreage: 2.76
  • Lot Size: 239 x 999
  • Est. Taxes: $32,137
  • HOA Fee: $650 Annually
  • Lot Desc: In County, Irregular Lot, Landscaped, Oversized Lot, Private, Street Dead-End, Zoned for Horses
  • View: Pool, Trees/Woods, Water
  • Elem. School: Vineland Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pool: Gunite, Heated, In Ground, Lighting, Salt Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Whole House R.O. System
  • MLS#: D6145515
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /eprop/D6145515/10470sunnydreamsterrace_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 2/18/2026 3:37:04 PM)
Listing courtesy of GULF TO BAY SOTHEBY'S INTERNAT   Phone: 941-964-0115

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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10470 SUNNY DREAMS TERRACE, Placida, FL, 33946

$4,200,000

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 $3,360,000 $3,360,000 $3,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.750% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.142% 5.881% 5.826%
Monthly Tax Payment $2,678 $2,678 $2,678
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,078 $19,608 $27,677
Total Monthly Payment $21,881 $22,411 $30,480

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.