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About this home
Set directly on the Gulf of Mexico within the private, gated Palm Island Resort, this custom built coastal estate offers 6 bedrooms, 5.5 baths, and more than 4,600 sq ft of air conditioned living space—surrounded by breathtaking water views from both the Gulf and Lemon Bay. Recently refreshed with a 2026 exterior remodel, the home blends timeless architecture with the relaxed elegance of true island living. Accessible only by car ferry or private boat, Palm Island feels wonderfully removed from the mainland—quiet, natural, and reminiscent of a Caribbean island from decades past. Inside the resort, life shifts to golf cart only, whether you bring your own or call upon the bellman for concierge service. The island’s only restaurant sits just moments away, and 24 hour security watches over the community, even though only the sea turtles are up at night, nesting quietly under the moonlight. It’s a place where you truly leave your worries in the parking lot and step into perfect, uncomplicated paradise. Upon entering the home, you’re immediately drawn toward its most unforgettable feature—a sweeping expanse of Gulf water that fills the great room with shimmering light. The first floor offers generous living space with multiple sitting areas, a gas fireplace, dining, kitchen, utility room, two ensuite bedrooms, and a half bath. Warm wood floors anchor the main living areas, while the bedrooms feature soft carpeting and the bathrooms showcase distinctive custom tilework—details that quietly reflect the home’s custom design and the care that went into every element. Upstairs, four additional bedrooms include two Gulf front suites, each with window wrapped turret spaces rising to sculpted wood plank ceilings and capturing the horizon in unforgettable ways. Below the elevated living level, a full open ground floor offers secure golf cart parking, storage, and flexible space ready to be built out to suit your vision. Loved by one family and ready for another, this Gulf front sanctuary offers privacy, beauty, and a lifestyle found in only a few rare corners of the country—peaceful, natural, and beautifully unhurried.
Single-familyProperty Type
2001Year Built
10,290 sq ftLot Size
$672Price/Sq.Ft.
$538/moHOA Dues
Listed by Marcia Cullinan• MICHAEL SAUNDERS & COMPANY
Don Pedro Island, located between Lemon Bay and the Gulf of Mexico, is a coastal and barrier-island Manasota Key neighborhood with mangrove-lined backwaters and wide, shell-strewn beaches. The neighborhood’s character concentrates at the Palm Island Resort ferry landing, where golf carts, dock lines, and sandy footpaths set the daily rhythm. Architecture leans low-slung and beach-forward, with stilted cottages and contemporary waterfront homes oriented to breezes and water views. With no bridge access, the pace stays quiet and outdoorsy, shaped by boating, paddling, and long shoreline walks. Don Pedro Island State Park anchors the landscape with dunes, trails, and birdlife. Nearby pillars such as Stump Pass Beach State Park and the Lemon Bay Aquatic Preserve frame the island’s saltwater culture.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Built-in features
Ceiling fans
Crown molding
High ceilings
Solid wood cabinets
Stone counters
Thermostat
Vaulted ceilings
Walk-in closets
Window treatments
Bedrooms
6 bedrooms
Bathrooms
5 full baths
1 half bath
Kitchen
Dishwasher
Disposal
Microwave
Range
Refrigerator
Stone counters
Solid wood cabinets
Water filtration system
Laundry & utility
Laundry room inside
Washer
Dryer
Gas water heater
Inside utility/attic
Flooring
Carpet
Tile
Wood
Heating & cooling
Central heating (electric and propane, zoned)
Central air (zoned)
Exterior features
Front porch
Rear porch
Balcony
Outdoor shower
Rain gutters
Sliding doors
Beach and Gulf/Ocean access
Full Gulf/Ocean view
70 feet of Gulf/Ocean frontage
Gravel road access on a private maintained road
Irrigation equipment
Fuel tank(s)
Home design
Single family residence
Residential property
Two levels/stories
Stilt/on piling foundation
Northeast facing
Parking
Golf cart parking
Basement parking
Security
Owned security system
Construction
Vinyl siding
Metal roof
Utilities
Public water
Private sewer
Electricity connected
Underground utilities
Water connected
HOA & community
Has HOA; fees required
Quarterly association fee ($914)
Annual association fee ($2,800)
Monthly HOA amount $304.67
Association fee includes: 24-hour guard, common area taxes, pool, escrow reserves, management, private road, recreational facilities, security, trash
Association names: Rob Brown; Palm Island Resort
Deed restrictions
Buyer approval required
Golf carts allowed
Community amenities: playground, pool, tennis courts
Pets allowed
Financial info
Total annual fees $6,456
Total monthly fees $538
Lease restrictions apply
Other
Directions: From 776 and Placida Rd turn onto Panama Blvd. Take the car ferry to the island. Once on the island take N. Gulf Blvd to the end until you get to Palm Island Resort. Park in the lot and golf cart to home.
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose and intent of this district is to provide flexibility and to encourage concentrated, energy-efficient land development, and to provide opportunities to impose conditions to ensure that the proposed development is consistent and compatible with the surrounding neighborhood. Conventional zoning requirements are replaced by flexible performance criteria intended to accomplish one (1) or more of the following goals: Provide for the planning, review and approval of one (1) or a combination of residential, office, commercial, and industrial land uses and structures which result in an organized, compatible development within and with surrounding land uses in regard to density and intensity of use.
Permitted uses
Include but are not limited to:
Commercial & retail
Housing
Industrial
Office
Public service
May 11, 2026 • Final
Residential window-door
Remodel
Apr 8, 2026 • Final
Residential siding-soffit
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 27 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Placida, FL • 33946
Average low and high temperatures (°F)
72
51
76
56
81
61
86
66
89
73
91
76
92
77
92
77
91
76
86
71
82
62
77
57
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7394 Palm Island Dr
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $575,000 and $2,100,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $575K to $2.1M.