Waterfront - Golf Course
Address
120 Gasparilla Way, PLACIDA, FL
Price
$ 899,900
Property Attributes
  • MLS#A4679720
  • TypeSingle Family
  • Listing Status Pending
  • CountyCharlotte
  • CityPLACIDA
  • AreaPlacida
  • NeighborhoodPALM ISLAND ESTS
  • Zip33946
  • StyleCoastal
  • Year Built2003
  • Taxes$ 10276
  • Price$ 899,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1865
  • Lot Size0.47 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. LOWEST PRICED SINGLE FAMILY HOME ON ISLAND W NO BRIDGES TO GULF FROM PRIVATE DOUBLE SIDED BOAT DOCK WITH WATER AND ELECTRIC. Experience the unmatched allure of Palm Island, one of Florida’s most secluded and luxurious coastal escapes. Please see Realtor remarks regarding assumable mortgage offered by seller at EXTREMELY ATTRACTIVE RATE. This seven-mile barrier island, nestled between Sarasota and Fort Myers on the Gulf Coast, is accessible only by car ferry—instantly creating an atmosphere of exclusivity and tranquility from the moment you arrive. Here, sugar-white beaches, serene harbors, winding lagoons, world-class fishing think prize Tarpon, and extraordinary shelling become the backdrop to a lifestyle defined by relaxation and natural beauty. Set on the intracoastal waterway, this stunning home offers approximately 1,800 square feet of inviting living space with three beautifully appointed bedrooms and two baths. The dramatic loft-style primary suite features a queen bed, its own sitting area with a convertible single, and even a full bed set within an expansive walk-in closet. The additional bedrooms provide generous accommodations, including two full beds in one room and a queen in the other, ensuring comfort for family and guests alike. The expansive great room elevates coastal living with its corner wood-burning coral fireplace, soaring vaulted ceilings, and a fully equipped kitchen boasting a gas cooktop—ideal for relaxed evenings or entertaining. Step onto the screened balcony for delightful peek-a-boo views of the canal and intracoastal, or retreat to the private third-floor terrace off the loft bedroom for a peaceful morning coffee high above the island. The property’s deep-water, double-sided dock—with both electric and water—invites you to launch into endless boating adventures. Below the home, a beautifully pavered area creates a breezy open-air retreat complete with an outdoor shower, offering even more space to enjoy island living. Palm Island’s charm extends beyond the home with the beloved Rum Bay Restaurant, its adjacent ice cream shop, and the island’s signature amenities including kayak, paddleboard, and golf cart rentals. The ferry runs daily, offering seamless access to your private sanctuary—just drive aboard, cross the water, and step into a world where life slows down and serenity takes center stage. Palm Island is more than a destination; it is a truly extraordinary place to call home.

Elementary School Middle School High School
Vineland Elementary Elementary School L.A. Ainger Middle Middle School Lemon Bay High High School
Price History
1/26/2026 Listed $999,999
4/1/2026 Listed $999,998
4/16/2026 3$974,900
5/3/2026 3$949,900
6/30/2026 5$899,900

General Features

Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Cable Available,Cable Connected,Electricity Connected,Propane,Underground Utilities
Roof Metal
Appliances Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Range Hood,Refrigerator,Washer
Zoning RSF3.5
HOA Fee 125
Patio/Porch Features Covered,Deck,Screened
Architectural Style Coastal
Security Features Smoke Detector(s)
Construction Materials Wood Frame
Pets Allowed Yes
Year Built 2003
View Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor
Community Features Golf Carts OK
Assoc Fee Paid Per Annually
County Charlotte
New Construction false
Property Type Residential
Subdivision Name PALM ISLAND ESTS
Facing Direction East
Garage Y/N false
Total Rooms 8
Full Baths 2
Status Pending
Directions Ferry only island. Winchester Road to South on Placida, to right onto Panama, take ferry across to Palm Island, then N Gulf to left on S Gulf to left on Bocilla to left on Gasparilla Way, house on left.
High School Lemon Bay High
City PLACIDA
Body of Water BOCILLA PASS
Senior Community Y/N false
MLS Area 33946 - Placida
Lot Size Units Square Feet
Lot Size Square Feet 20560
Carport Spaces 1
Carport Y/N true
Listing Terms Cash,Conventional,VA Loan
Elementary School Vineland Elementary
Land Lease Y/N false
Tax Annual Amount 10276
Home Warranty Y/N false
Middle/Junior High School L.A. Ainger Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.youtube.com/watch?v=jhVYhRlmaJQ
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Vacant
Tax Lot 12
Legal Description PALM ISLAND ESTS UNIT 4 BLK E LT 12 671/1643 740/2133 742/302 894/239 914/1583 942/1796 E1023/1092
Water View Bay/Harbor - Partial,Intracoastal Waterway
Water Access Type Bay/Harbor,Beach - Access Deeded
Minimum Lease No Minimum
Water Access Y/N true
Monthly HOA Amount 10.42
Additional Rooms Great Room,Inside Utility,Loft
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N true

Interior Features

Interior Amenities Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Open Floorplan,Solid Surface Counters,Solid Wood Cabinets,Vaulted Ceiling(s),Walk-In Closet(s),Window Treatments
Flooring Ceramic Tile,Luxury Vinyl,Hardwood
Furnished Y/N Turnkey
Fireplace Features Family Room,Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds,Rods,Thermal Windows,Window Treatments
Fireplace Y/N true
Laundry Features Inside,Laundry Chute,Laundry Room
Total Bedrooms 3
LivingAreaSource Owner
Total Baths 2

Exterior Features

Exterior Amenities Balcony,Irrigation System,Lighting,Outdoor Shower,Sliding Doors
Fencing Wood
Parking Features Covered,Driveway,Golf Cart Parking,Under Building
Lot Features FloodZone,In County,Oversized Lot
Water Source Public
Lot Size Area 20560
Foundation Details Stilt/On Piling
Building Area Total 2676
Lot Size Acres 0.47
Road Surface Type Unimproved,Gravel
Private Pool false
Waterfront Y/N true
Covered Spaces 1
Road Frontage Type Street Unpaved
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33946

Price
AVG $1.11M
$900K
Taxes
AVG $8,780
$10,276
Year Built
AVG 2004
2003