Welcome to island living at its finest in this beautifully appointed 2-bedroom villa at Palm Island Resort, where relaxed coastal charm meets breathtaking Gulf views. This inviting villa features a light-filled open floor plan with warm wood look vinyl flooring and coastal-inspired décor, creating an easy, airy ambiance throughout. The living area flows seamlessly to a private screened lanai, where sliding glass doors frame serene views of the Gulf —perfect for enjoying a beverage and sunset breezes. The well-equipped kitchen offers everything needed for effortless entertaining, while the adjoining dining and living spaces provide comfort and functionality. Both bedrooms are thoughtfully designed for privacy and relaxation, ideal for hosting guests. Located between Ft. Myers and Sarasota on a unique, secluded resort property accessible only by boat or car ferry, Palm Island Resort offers a truly tranquil escape with miles of pristine beach, pools, tennis, and island amenities. If you're seeking a personal getaway or an income-producing property, this Gulf-view villa delivers the perfect blend of comfort, privacy and charming coastal lifestyle.
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
Living room/dining room combo
Window treatments
6 total rooms
Bedrooms
2 bedrooms
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Range
Microwave
Refrigerator
Laundry & utility
Washer
Dryer
Laundry closet
Flooring
Tile
Vinyl
Heating & cooling
Electric heating
Central air conditioning
Exterior features
Balcony
Gravel road access
Full Gulf/Ocean water view
On-waterfront with Gulf/Ocean access
Home design
Condominium
Residential property
East-facing
2 total stories
Construction
Vinyl siding and frame construction
Metal roof
Stilt / on piling foundation
Utilities
Public water
Private sewer
Broadband/high-speed internet available
HOA & community
Has HOA (quarterly fees)
Association fee includes 24-hour guard, pool, grounds maintenance, and trash
Monthly condo/association fees paid quarterly (condo fees listed as $6,618 quarterly; monthly fee shown as $2,206)
Financial info
Total annual fees reported
No lease restrictions
Property located in planned development (PD zoning)
Other
Furnished
Community amenities: fitness center, playground, pool, tennis courts, golf carts allowed
Pets allowed (cats and dogs), maximum pet weight 110 lbs
Unit located on floor 1
Building number 37
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 7438 Palm Island Dr #3712
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #D6147197
Jul 3, 2026
Price Changed
$295,000
$281/sq ft
Apr 24, 2026
Listed
$340,000
$324/sq ft
Stellar MLS as Distributed by MLS Grid #D5922385
Mar 15, 2019
Sold
$312,000
$298/sq ft
Feb 1, 2019
Pending
—
Jan 24, 2019
Price Changed
$315,000
$301/sq ft
Mar 20, 2018
Price Changed
$324,900
$310/sq ft
Jan 13, 2018
Listed
$329,900
$315/sq ft
Looking for that perfect island getaway for your family? Look no further than this wonderfully decorated two bedroom, two bath located in the heart of Palm Island Resort. Room enough for the whole family, and with a screened lanai to enjoy our legendary Gulf sunsets. The meticulously maintained unit features beautiful bamboo flooring, a recently renovated kitchen with stainless steel appliances and a expansive and breathtaking view of the Gulf of Mexico. The private beach is yours to relax and unwind, and then Rum Bay Restaurant is ready with delicious seafood and cocktails once the sun goes down. Palm Island Resort offers recreational options such as stand-up paddleboarding, nature tours, fitness center, massages, and so much more. Don’t forget to pay a visit to Readbeard, our very own pirate! This is a very special vacation home. Call today so you don’t miss out on paradise!
Property Description
Elevated
Stellar MLS as Distributed by MLS Grid #R4600546
Feb 20, 2015
Sold
$312,000
$298/sq ft
Jan 5, 2015
Pending
—
Nov 7, 2014
Relisted
—
Oct 31, 2014
Listing Removed
—
Jun 13, 2014
Relisted
—
Jun 10, 2014
Listing Removed
—
Jan 18, 2014
Price Changed
$315,000
$301/sq ft
Oct 22, 2013
Listed
$379,900
$363/sq ft
This two bedroom, two bath condominium has one of the very best views on Palm Island Resort. With a screened back porch you're literally just steps from the beach that is pure Florida: gorgeous, vast, and mostly empty but for the gulls and terns. The condominium has been remodeled and decorated beautifully, by someone with an eye for the perfect Florida ambience. Just a few of the features include: impact resistant windows and sliding glass doors, gourmet kitchen with Corian counters, stainless steel appliances, and a custom tile backsplash. This fully furnished condominium is a dream vacation home, and at such an affordable price, a rare opportunity. Palm Island Resort offers all the amenities of luxury Resort living: heated pool and spa, tennis courts and tennis pro shop, fitness center, Coconuts recreation rentals, Rum Bay Restaurant, and so much more. Call today to schedule an appointment to view this exceptional property.
Property Description
Elevated
Public Records
Aug 4, 2004
Sold
$470,000
$448/sq ft
Public Records
Aug 12, 1999
Sold
$180,000
$172/sq ft
Public Records
Apr 1, 1987
Sold
$145,000
$138/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,134 (−17.8%)
2024
$7,460 (+4.4%)
2023
$7,144 (+28.1%)
2022
$5,575 (+7.6%)
2021
$5,183 (−2.9%)
2020
$5,340 (+3.7%)
2019
$5,148 (−3.3%)
2018
$5,323 (+6.5%)
2017
$5,000 (+2.4%)
2016
$4,885 (+1.9%)
2014
$4,793 (+15.3%)
2013
$4,156 (−0.7%)
2012
$4,184
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1987
Finished Sq. Ft.
1,048
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,048
Year built
1987
Style
Condo/Co-op
County
Charlotte County
APN
412031651050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
PD
Planned Development District
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
Climate risks
10/10 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
6 days above 107° expected this year, 20 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
91
77
91
76
86
71
82
62
77
57
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7438 Palm Island Dr #3712
$275,586
$19K under list price of $295K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $170K to $525K.