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7554 PALM ISLAND DRIVE S #1813, Placida, FL, 33946

2beds
2baths
1,232sqft
$599,000
$486price/sqft
$4,339/moest. monthly cost
$173,560/yrincome needed

About This Home

This without a doubt is the MOST SPECTACULAR 2-bedroom 2-bathroom villa with unobstructed coastline views on beautiful Palm Island! Within a few steps of exiting your beachfront lanai you're on the beach basking in the sun, collecting seashells and shark teeth, and watching the dolphins and manatees play. The beach is so quiet and quaint it will feel as if you are the only one living on Palm Island. Entertain your friends and family from your back porch and watch the amazing colorful sunsets that can only be seen from your covered screened in lanai. The long miles of beach views are endless from your primary bedroom, dining room, kitchen and covered lanai. This 1232 square foot home comes completely furnished and has had recent major improvements including: new AC unit installed (2021), new quartz countertops and stainless steel sink in kitchen (July 2022), new granite bathroom countertops and sinks (July 2022), freshly painted cabinets in both bathrooms (July 2022), new paint throughout the entire villa (July 2022), NEW flat screen televisions in ALL rooms including family room (60” inch) and both bedrooms (2022) , new fans installed throughout entire unit (July 2022), new sea turtle approved roller shade in family room (September 2022), new hot water heater (2022) and a NEW ROOF . The villa has been recently redecorated (July 2022) and can also be used as a rental within Palm Island Resort if so desired. This home has bamboo floors in the main living areas with tile in the kitchen and bathrooms. There is a comfortable king-sized bed in the primary bedroom with private en-suite and dual built-in closets. The second bedroom includes two twin-sized beds with built-in closets. Two additional closets within the unit provide ample space for any extra pool/beach accessories. The kitchen has slow-close cabinets and is fully stocked for all your cooking needs. The laundry room with a stacking washer/dryer, mini fridge, storage cabinet, and sink and window with beach view, so makes doing laundry FUN! Extras outside the villa is a outdoor shower, two-foot showers, and deck box to hold beach chairs and beach canopies. This golf cart only friendly island includes a community pool, restaurant at Palm Island Resort (Rum Bay), tennis courts, spa/workout center, boat docks, 24-hour security, and many other amenities to be enjoyed! A short ferry ride is all it takes to get to this incredible private oasis. No matter where you are on Palm Island, you will never regret owning this little piece of paradise.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

8/10
7/10
5/10
Lemon Bay High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1984

Materials

  • Foundation: Raised
  • Roof: Metal
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Freezer,Microwave,Range,Range Hood,Refrigerator,Washer
  • Laundry features: Laundry Room

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 144
  • Dimensions: 12x12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters
  • Door features: Outdoor Shower,Sliding Doors
  • Window features: Window Treatments
  • Flooring: Bamboo,Carpet,Ceramic Tile
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,232
  • Total interior livable area: 1,232 sqft

Kitchen

  • Level: First
  • Area: 100
  • Dimensions: 10x10

Living Room

  • Level: First
  • Area: 234
  • Dimensions: 13x18

Primary Bedroom

  • Features: Built-in Closet
  • Level: First
  • Area: 192
  • Dimensions: 12x16

Property

Details

  • Parcel number: 412031652030
  • Zoning: PD
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Balcony,Lighting,Outdoor Shower
  • Has view: Yes
  • View description: Gulf/Ocean - Full
  • Has water view: Yes
  • Water view: Gulf/Ocean - Full
  • Waterfront features: Gulf/Ocean Access,Intracoastal Waterway Access,Bridges - No Fixed Bridges
  • Waterbody name: GULF OF MEXICO

Lot

  • Lot size: 1,408 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tsunami

FEMA Declared Disasters in Charlotte County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$146$1,752
Property Taxes $968$11,616
Electricity $197$2,366
Total$4,339$52,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,765/yr
40% on housing$130,170/yr
45% on housing$115,706/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.9%
13.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$486This listing

vs Other Active Listings

Avg $/sqft

ZIP 33946$337
Charlotte County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 33946$321
Charlotte County$188

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-06-18Listed for sale$599,000
2023-12-13Listing removed--
2023-08-02Price change$819,000
2023-03-30Listed for sale$935,000
2022-07-05Sold$805,000
2022-05-17Pending sale$749,900
2022-05-16Listed for sale$749,900
2017-05-25Sold$385,000
2017-04-17Pending sale$399,999
2017-04-01Price change$399,999
2017-01-04Price change$420,000
2016-08-01Listed for sale$435,000
2016-07-18Pending sale$435,000
2016-06-13Price change$435,000
2016-03-07Price change$445,000
2016-01-23Listed for sale$485,000
2015-04-22Sold$435,500
2015-03-26Pending sale$445,500
2015-03-26Listed for sale$445,500
2012-03-26Sold$315,000
1996-05-08Sold$93,000

For Sale by Agent

AgentKevin Mackin
BrokerageMICHAEL SAUNDERS & COMPANY

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