$899,000
Active51 Palm Dr, Placida, FL 33946
3 beds Β· 2 baths Β· 1,839 sq ft
Listing courtesy of TARPON REAL ESTATE, INC. Β· MLS# D6146695
221 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
Price Improvement! Welcome to 51 Palm Drive located on beautiful Palm Island, Florida. This waterfront island home offers the ultimate in coastal living, combining direct Gulf access, stunning sunset views, and the privacy of a barrier island lifestyle with over seven miles of pristine sandy beaches just moments away. Situated on an oversized corner lot, this 3-bedroom, 2-bath residence features a private dock on a saltwater canal with no bridges to the Gulf of Mexicoβa true boaterβs dream. Enjoy effortless days on the water with quick access to world-class fishing, boating, and island hopping. Inside, the home showcases an open-concept floor plan designed for relaxed coastal living, with a spacious great room, beautiful Spanish tile and wood flooring, and warm knotty pine walls and ceilings that create a classic island feel. The remodeled kitchen is both stylish and functional, featuring granite countertops, stainless steel energy-efficient appliances, under-cabinet lighting, wine rack, and a granite topped kitchen island perfect for entertaining. Wake up to Gulf views and breathtaking sunsets from the top-floor primary suite, complete with a beautifully updated travertine bathroom, dual vanities, garden tub and a rain shower. Outdoor living is just as inviting with a screened second-floor porch, fire pit, a charming hexagon deck nestled among mature palms, and lush Florida-friendly landscaping. Additional features include a metal roof with radiant barrier, 15 SEER Trane A/C system with UV light and connection to public water and cableβoffering comfort, efficiency, and peace of mind. With ample room to add a pool and positioned as one of the best values for a 3-bedroom waterfront home with direct Gulf access on Palm Island, this property is ideal as a full-time residence, vacation home, or investment opportunity. Experience the beauty of Palm Island livingβwhere nature, tranquility, and coastal luxury come together.
Facts
- Property type
- Single Family Residence
- Year built
- 1992
- Bathrooms
- 2 full
- Living area
- 1,839 sqft
- Lot size
- 0.28 acres
- Waterfront
- Yes Β· 126 ft
- Water access
- Canal - Saltwater
- Water view
- Yes
- Private pool
- No
- Exposure
- Northeast
- Furnished
- Furnished
- Flood zone
- 8AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $15,032/yr
- Monthly fees
- $5/mo
- Listed
- Mar 19, 2026
- MLS #
- D6146695
Price & status history
- Listed for $995,000
- Price reduced to $899,000from $945,000
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 51 PALM DR. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure β we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied β your down payment is 20% or more.
Estimated total monthly payment
$6,553
$4,546 of that is principal & interest. 31% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $4,546
- Property taxes
- $1,253
- Homeowners insurance
- $749
- Flood insurance
- $0
- HOA / condo fees
- $5
- Mortgage insurance (PMI)
- $0
- Total per month
- $6,553
Over the life of the loan
- Loan amount
- $719,200
- Down payment
- $179,800
- Total interest
- $917,300
- Principal + interest paid
- $1,636,500
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above β nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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51 Palm Dr, Placida, FL 33946
Listing courtesy of TARPON REAL ESTATE, INC. Β· MLS# D6146695 Β· Active
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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