7320 PALM ISLAND DRIVE, Placida, FL, 33946 | $4,300,000

Unparalleled craftsmanship meets coastal elegance in this exceptional Gulf-front residence, ideally located within a premier island resort community on Palm Island, perfectly positioned between Sarasota and Ft. Myers. Accessible only by boat or car ferry, this exclusive barrier island offers over seven miles of pristine, uncrowded beaches and an “away from it all” lifestyle that is increasingly rare along Florida’s Gulf Coast. This property greets you with swaying palms and tropical foliage, then offers a stunning primary suite, two guest bedrooms, a private office/den, four full bathrooms, and one-half bath, this home is designed to capture Gulf views while delivering refined luxury and effortless coastal living. The open-concept kitchen, living, and dining areas are filled with natural light, highlighted by expansive full-length windows that frame endless water views and unforgettable sunsets. The chef’s kitchen is a showpiece, featuring a double Wolf gas range, integrated Sub-Zero refrigerator freezer, a large double island with custom zinc clad surfaces, crisper drawers, and a beverage cooler providing exceptional space for entertaining or preparing a gourmet meal. A butler’s pantry connects to the laundry room and includes a half bath and second dishwasher. A sleek wet bar is built into the kitchen, featuring a small sink, custom cabinetry, and a wine cooler. The adjoining living space is complimented by a gas fireplace. The dining area is elevated by a raised shiplap, cupola-style ceiling and surrounded by sliding windows overlooking the blue water. Anchoring it all is imported Jerusalem gray gold limestone tile. Open the doors to the upper porch and lower the motorized screens to create a shaded retreat. Here integrated hurricane shutters provide an added layer of protection. The lower sun deck spans the width of the home—soak up the sun or enjoy outdoor dining and cooking. The main-floor study offers custom built-in shelving and its own private balcony—perfect for a peaceful retreat. Built for both beauty and durability, the home showcases a full Hardie board exterior, a hidden 4-zone air conditioning system, and exceptional architectural detail throughout. The wide staircase with wrought iron railing is complemented by the convenience of a newer elevator servicing all levels. French doors open to the upper-level private primary suite with sweeping Gulf views and a dedicated sitting area. The spa-inspired primary bath features a walk-in shower with bench and multiple shower heads, marble tile and flooring, and an oversized jetted soaking tub with a Gulf view. The luxury continues with back-to-back vanities, walk-in closets, and a separate dressing space. Equally impressive, one guest suite features a queen-size bed and its own bathroom. The second bedroom includes built-in twin beds and additional freestanding beds to comfortably sleep multiple guests, along with a full bath. The ground level offers painted pilings, weather-treated wood plank flooring, and generous space for relaxing and entertaining. This level also accommodates a golf cart garage, tool storage, and built-in shelving. Situated within a sought-after resort community, including a community pool, fitness center, massage room, and tennis program. Ownership includes first right of refusal on a dock with lift—an opportunity for boating enthusiasts. This is a rare offering combining luxury design, resort-style amenities, and the serenity of Gulf-front living.

Features

  • Elevator: Y
  • Rooms: 12
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Lot Size: 20 x 147
  • Laundry: Laundry Room
  • Year Built: 2013
  • Heating: Central, Electric
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 4,070
  • Acreage: 0.2
  • Lot Size: 20 x 147
  • Est. Taxes: $28,139
  • HOA Fee: $1,150 Quarterly
  • Water Front: Yes
  • Elem. School: Vineland Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: D6146980
  • Days on Market: 26 days
  • Website: https://www.raveis.com
    /eprop/D6146980/7320palmislanddrive_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 7/5/2026 7:32:18 PM)

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Atia HartSales Associate

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Atia.Hart@raveis.com

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Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

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7320 PALM ISLAND DRIVE, Placida, FL, 33946

$4,300,000

Atia Hart

Sales Associate

William Raveis Real Estate

Phone: 860.759.0012

Atia.Hart@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,440,000 $3,440,000 $3,440,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.121% 6.183%
Monthly Tax Payment $2,345 $2,345 $2,345
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,075 $20,625 $29,029
Total Monthly Payment $22,545 $23,095 $31,499

* 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.