Start you island life in this charming 1-bedroom, 1-bath beachfront villa located in the exclusive Palm Island Resort. Perfectly positioned near the beach, this inviting retreat offers a rare opportunity to own a slice of paradise accessible only by ferry or private boat—truly an “away from it all” coastal escape. Inside, the villa features an open and airy living space filled with natural light, complemented by vaulted ceilings and a seamless flow from the living and dining areas to the private screened lanai. Expansive sliding glass doors frame stunning Gulf and tropical landscape views, creating the perfect indoor-outdoor living experience. The kitchen offers ample cabinetry and functionality, ideal for both everyday living and vacation stays. The spacious bedroom provides a relaxing retreat, while the full bath is conveniently located for guests. Offered furnished, this villa is move-in and currently is in the resort rental program. Residents and guests of Palm Island Resort enjoy access to 7 plus miles of pristine beaches, swimming pool, tennis courts, dining, and a variety of recreational activities—all within a serene, natural island setting. Perfect for those seeking a peaceful getaway between Ft. Myers and Sarasota this Gulf-front villa delivers unmatched coastal living in one of Southwest Florida’s most unique island communities.
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
Ceiling fans
Living room/dining room combo
Window treatments
Turnkey furnished
Bedrooms
1 bedroom
Bathrooms
1 full bathroom
Kitchen
Microwave
Range
Refrigerator
Dryer included (listed with appliances)
Washer included (listed with appliances)
Laundry & utility
Laundry closet
Washer
Dryer
Flooring
Carpet
Ceramic tile
Heating & cooling
Electric heating
Central air conditioning
Exterior features
Outdoor grill
Beach/Gulf ocean access and frontage
Full beach/Gulf ocean views
Home design
Condominium
One-level unit (located on floor 1)
Faces east
Stilt/on piling foundation
Parking
Gravel road access
Security
24-hour guard included in association services
Construction
Vinyl siding and frame construction
Metal roof
Building number 37
2 total stories in building
Utilities
Public water
Private sewer
Broadband/high-speed internet available
HOA & community
Has HOA; association name listed
Quarterly association fees (quarterly condo fee term)
Sale and tax history for 7438 Palm Island Dr #3721
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #D6146740
Mar 24, 2026
Listed
$190,000
$284/sq ft
Public Records
Aug 1, 1987
Sold
$139,000
$208/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,420 (−34.9%)
2024
$5,251 (+200.9%)
2023
$1,745 (−55.9%)
2022
$3,959 (+5.4%)
2021
$3,757 (−9.7%)
2020
$4,162 (+4.6%)
2019
$3,980 (+5.7%)
2018
$3,765 (+9.2%)
2017
$3,447 (+4.6%)
2016
$3,296 (+4.7%)
2014
$3,147 (+27.4%)
2013
$2,470 (−0.2%)
2012
$2,476
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1987
Finished Sq. Ft.
668
Unfinished Sq. Ft.
—
Total Sq. Ft.
668
Year built
1987
Style
Condo/Co-op
County
Charlotte County
APN
412031651053
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 23, 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
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
96/ 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 #3721
$181,023
$8,977 under list price of $190K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $121K to $170K.