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Wade M. Berlin

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Tropic Shores Realty
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63 Palm Drive
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PRICED AT ONLY: $1,950,000

Address: 63 Palm Drive, PLACIDA, FL 33946

Description

Experience the rare beauty of true private island living. Nestled on exclusive Palm Island, this stunning waterfront retreat offers direct canal access to the Intracoastal Waterway and the Gulf of Mexico, combining privacy, tranquility, and the effortless elegance of coastal living. Built with durable concrete block constructionone of the few homes on the island with this level of strengththis residence was designed to stand the test of time while offering complete peace of mind. Income Producing Opportunity on Palm Island This exceptional Palm Island property offers outstanding income potential, with the current owners successfully generating up to $850 a night in rental revenue. With no HOA fees and no minimum rental restrictions, this home provides rare flexibility for short term or long term leasingmaking it an ideal investment, vacation rental, or personal retreat with strong cash flow potential. Whether you choose to continue its proven rental success or enjoy it as your own private island getaway, this property delivers both lifestyle and income in one unique offering. Completely renovated with numerous high end upgrades and modern finishes, the home showcases a refined, move in ready interior where thoughtful design meets timeless coastal sophistication. Inside, youll find four generously sized bedrooms, two full bathrooms, and two half baths, along with updated flooring that gives the home a fresh and contemporary feel. The chefs kitchen features granite countertops, custom wood cabinetry, stainless steel appliances, and a beautifully upgraded islandperfect for enjoying a quiet breakfast before a day on the water. Step outside to a resort style pool area designed for seamless indoor outdoor living. Expansive terraces provide breathtaking panoramic views and create the perfect setting for relaxing or entertaining while embracing the peaceful beauty of island life. For boating enthusiasts, the property offers exceptional waterfront amenities including a 16,000 lb boat lift and a brand new jet ski lift, providing easy access to endless days on the water. A private beach is just moments away, where you can enjoy paddle boarding, kayaking, fishing, or simply soaking in the serenity of the Gulf. An additional highlight is the adjacent lot available for purchase, presenting a rare opportunity to expand your private oasis, build a guest house, or create a multi home estatean exceptional investment and lifestyle opportunity seldom available on Palm Island. Additional features include brand new high efficiency A/C units and a convenient elevator for comfort and accessibility. Accessible by a short ferry ride or private boat, this remarkable property offers the ultimate balance of seclusion, luxury, and coastal adventure. Whether you are searching for a private island retreat, a waterfront escape for family and guests, or a secure and tranquil sanctuary away from the everyday, this Palm Island residence offers a lifestyle few properties can match. Welcome to a life of sun, serenity, and island living.
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  • MLS#: N6138903 ( Residential )
  • Street Address: 63 Palm Drive
  • Viewed: 202
  • Price: $1,950,000
  • Price sqft: $368
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater
  • Year Built: 2008
  • Bldg sqft: 5300
  • Bedrooms: 4
  • Total Baths: 4
  • Full Baths: 2
  • 1/2 Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 318
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, French Doors, Lighting, Outdoor Shower, Rain Gutters, Storage
  • Fencing: Vinyl
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Wood
  • Living Area: 3294.00
  • Roof: Tile
Property Information
  • Property Condition: Completed
School Information
  • High School: Lemon Bay High
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
  • Parking Features: Circular Driveway, Open, Portico, Workshop in Garage
Eco-Communities
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Zoned
  • Heating: Electric
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Washer, Water Filtration System
  • Country: US
  • Interior Features: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Legal Description: PIE 003 000I 0023 PALM ISLAND ESTS UN 3 BLK I LT 23 1755/1436 2765/176 2807/1000 CT4204/1153
  • Levels: Two
  • Area Major: 33946 - Placida
  • Occupant Type: Vacant
  • Parcel Number: 412028303001
  • Style: Mediterranean
  • View: Water
  • Views: 202
  • Zoning Code: BBI
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  1. Bedrooms: 4
  2. Baths: 5
  3. Approx. 5715 sqft
  1. MLSID: D6146491
  2. Provided by ISLANDER PROPERTIES INC
  3. Contact Robin Madden
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin