7466 PALM ISLAND DRIVE, #2922, Placida, FL, 33946 | $695,000

Wake up to the sound of waves and the shimmer of the Gulf of Mexico just beyond your bedroom window. This extraordinary 3-bedroom, 3-bath beachfront condo on private Don Pedro Island is not simply a home. It is a lifestyle that most only dream about. Perched directly on the Gulf inside the prestigious Palm Island Resort, Unit 2922 at 7466 Palm Island Drive is a rare two-story retreat that delivers the full splendor of Florida's most unspoiled barrier island coastline.

From the moment you step inside, the space commands your attention. Soaring two-story vaulted ceilings flood the great room with natural light, and the view straight through to the Gulf is nothing short of breathtaking. Rich hardwood floors flow throughout the entire living area, anchoring the coastal-chic aesthetic that defines every inch of this meticulously updated home. The open-concept layout connects the kitchen, dining, and living areas in one seamless, light-drenched space, perfectly designed for entertaining, relaxing, and savoring every sunset.

The fully updated kitchen is a showpiece. Crisp white shaker cabinetry reaches toward the ceiling, complemented by a generous center island with a farmhouse sink, gleaming granite countertops, and a stunning hand-crafted coastal mosaic tile backsplash that serves as genuine artwork. Stainless steel appliances, glass-front display cabinets, and polished pendant lighting complete a kitchen that is as functional as it is beautiful.

The living room opens directly onto your private Gulf-front balcony, one of TWO outdoor spaces this home offers. Sit with your morning coffee as pelicans glide past. Watch dolphins play in the surf at dusk. The primary bedroom captures the same unobstructed Gulf views, so the last thing you see each night and the first thing you greet each morning is the shimmering blue of the Gulf of Mexico. A loft level above the main living area adds flexible space ideal for a bunk room, home office, reading retreat, or overflow sleeping for guests.

Beyond your front door, Palm Island Resort delivers a true private island lifestyle unlike anything on the mainland. Miles of pristine, undeveloped white sand beach stretch in both directions. No high-rises, no traffic, no noise. Just the Gulf, the breeze, and the sound of the sea. Resort amenities include beachfront pools, tennis courts, a full-service marina, waterfront dining, and a private ferry that ensures this island remains an exclusive, unspoiled sanctuary accessible only by water.

Don Pedro Island sits within one of Florida's most protected and beloved coastal ecosystems. The barrier island lifestyle here is genuine, quiet, peaceful, and rare. This is old Florida at its finest, preserved and celebrated.

Whether you envision this as your personal sanctuary, a family legacy property, or a future coastal investment, Unit 2922 represents a singular opportunity to own a Gulf-front home on one of the last truly private islands on Florida's Southwest Gulf Coast.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 4
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: None
  • Complex: PALM ISLAND VILLAGE PH 02
  • Year Built: 1984
  • Approx Sq. Feet: 1,568
  • Est. Taxes: $8,253
  • Condo Fee: $11,650 Quarterly
  • Pet Policy: Dogs OK
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • MLS#: A4684521
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4684521/7466palmislanddrive_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 5/22/2026 7:36:41 PM)

William Raveis Family of Services

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Melissa.Karaffa@raveis.com

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NMLS Mortgage Loan Originator ID 147983

845.290.3871

Matthew.DeMaria@raveis.com

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Our Insurance Division:

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7466 PALM ISLAND DRIVE, #2922, Placida, FL, 33946

$695,000

Melissa Karaffa

REALTOR

William Raveis Real Estate

Phone: 914.282.8426

Melissa.Karaffa@raveis.com

Matthew DeMaria

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 845.290.3871

Matthew.DeMaria@raveis.com

NMLS Mortgage Loan Originator ID 147983

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $556,000 $556,000 $556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $688 $688 $688
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,423 $3,511 $4,617
Total Monthly Payment $4,203 $4,291 $5,397

* 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.