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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. Offering a stunning primary suite, two guest bedrooms, a private office/den, four full bathrooms, and one half bath, this home is designed to capture breathtaking 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, custom refrigerator, wine refrigerator, and custom finishes throughout. A large double island with zinc-coated concrete surfaces provides exceptional space for entertaining or preparing a gourmet meal. A butler’s pantry connects to the laundry room and includes a conveniently located half bath. The adjoining living space is anchored by a gas fireplace, creating a warm ambiance. The dining area is elevated by a multi-paneled raised shiplap, cupola-style ceiling and surrounded by additional full-length windows overlooking the blue waters of the Gulf. The main-floor study offers a functional workspace with custom built-in shelving and its own private balcony—perfect for enjoying morning coffee or 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. A wide tiled staircase with wrought iron railing is complemented by the convenience of a newer elevator servicing all levels. French doors open to the upper-level primary suite, a private retreat with sweeping Gulf views and a dedicated sitting area. The spa-inspired primary bath features a walk-in shower with bench and dual shower heads, back-to-back vanities, dual walk-in closets, and a separate dressing space. Guest accommodations are equally impressive. One guest suite features a queen-size bed and its own private bathroom. The second bedroom includes both built-in twin beds and two freestanding beds to comfortably sleep the gang, also complete with its own full bath—ideal for hosting family or guests. The ground level enhances both function and style with 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, residents enjoy access to amenities including a community pool, fitness center, massage room, tennis program, and shuffleboard. The beachfront setting offers breathtaking sunsets and relaxed coastal living. Adding to the property’s appeal, ownership includes first right of refusal on a dock with lift—an exceptional opportunity for boating enthusiasts. This is a rare offering combining luxury design, resort-style amenities, and the serenity of Gulf-front living—truly a one-of-a-kind island retreat.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,300,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,440,000 | $3,440,000 | $3,440,000 |
| 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 | 6.214% | 6.110% | 6.097% |
| Monthly Tax Payment | $2,345 | $2,345 | $2,345 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,803 | $20,625 | $28,797 |
| Total Monthly Payment | $22,273 | $23,095 | $31,267 |
* 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.