7438 Palm Island Dr Suite 3721, Placida, FL, 33946
About This Home
Start you island life in this charming 1-bedroom, 1-bath beachfront villa located in the exclusive Palm Island Resort. Perfectly positioned near the beach, this inviting retreat offers a rare opportunity to own a slice of paradise accessible only by ferry or private boat—truly an “away from it all” coastal escape. Inside, the villa features an open and airy living space filled with natural light, complemented by vaulted ceilings and a seamless flow from the living and dining areas to the private screened lanai. Expansive sliding glass doors frame stunning Gulf and tropical landscape views, creating the perfect indoor-outdoor living experience. The kitchen offers ample cabinetry and functionality, ideal for both everyday living and vacation stays. The spacious bedroom provides a relaxing retreat, while the full bath is conveniently located for guests. Offered furnished, this villa is move-in and currently is in the resort rental program. Residents and guests of Palm Island Resort enjoy access to 7 plus miles of pristine beaches, swimming pool, tennis courts, dining, and a variety of recreational activities—all within a serene, natural island setting. Perfect for those seeking a peaceful getaway between Ft. Myers and Sarasota this Gulf-front villa delivers unmatched coastal living in one of Southwest Florida’s most unique island communities.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1987
Materials
- Foundation: Raised
- Roof: Metal
- Construction materials: Vinyl Siding,Wood Frame
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: Laundry Closet
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceiling Fan(s),Living Room/Dining Room Combo
- Door features: Outdoor Grill
- Window features: Window Treatments
- Flooring: Carpet,Ceramic Tile
- Common walls with other units/homes: Corner Unit
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 668
- Total interior livable area: 668 sqft
Kitchen
- Level: First
- Area: 100
- Dimensions: 10x10
Living Room
- Level: First
- Area: 228
- Dimensions: 12x19
Primary Bedroom
- Features: Built-in Closet
- Level: First
- Area: 132
- Dimensions: 12x11
Property
Details
- Parcel number: 412031651053
- Zoning: PD
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Outdoor Grill
- Has view: Yes
- View description: Beach,Gulf/Ocean - Full
- Has water view: Yes
- Water view: Beach,Gulf/Ocean - Full
- On waterfront: Yes
- Waterfront features: Gulf/Ocean,Beach Access,Gulf/Ocean Access
Lot
- Lot size: 2,000 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
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Charlotte County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $960 | $11,520 |
| Home Insurance * | $46 | $552 |
| Property Taxes | $133 | $1,596 |
| Electricity | $197 | $2,366 |
| Total | $1,336 | $16,032 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Listed for sale | $190,000 |
View on Zillow