20 PALM DRIVE, Placida, FL, 33946 | $1,129,000

Waterfront Island Living on Palm Island, Placida – A True Tropical Retreat!

Escape to paradise with this exceptional 4-bedroom, 3-bathroom home located on the exclusive Palm Island in Placida, offering true island living with breathtaking views. Accessible only by car ferry or your own private boat, this unique property is surrounded by serene waters, providing direct access to the surrounding waterways and Gulf.

Set across three spacious levels, this home offers an open-concept living room and kitchen area that is perfect for entertaining or relaxing while enjoying the tropical surroundings. The upper level views of the canal and lush island landscape are a must see!

With 4 bedrooms and 3 full bathrooms, there’s plenty of space to host family and guests. The lower entrance level offers an attached covered storage area perfect for a golf cart as well as an outdoor shower area ready for your renovating. This home is the perfect opportunity to create your dream home in this beautiful island setting.

The outdoor space is a blank canvas, ready for your landscaping ideas and personal touches—whether it’s creating your own tropical oasis or renovating the existing dock to your specifications.

Bring your visions to life in this tranquil and private waterfront location. This is more than just a home – it’s a lifestyle waiting to be embraced.

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 149 x 106
  • Laundry: Electric Dryer Hookup, Upper Level, Washer Hookup
  • Year Built: 1990
  • Heating: Central, Electric
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 1,852
  • Acreage: 0.36
  • Lot Size: 149 x 106
  • Est. Taxes: $20,445
  • Appliances: Dishwasher, Microwave, Range
  • MLS#: C7505640
  • Days on Market: 28 days
  • Website: https://www.raveis.com
    /eprop/C7505640/20palmdrive_placida_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/11/2025 3:50:56 AM)

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Joe OlivastroSales Associate

239.777.3225

Joe.Olivastro@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

20 PALM DRIVE, Placida, FL, 33946

$1,129,000

Joe Olivastro

Sales Associate

William Raveis Real Estate

Phone: 239.777.3225

Joe.Olivastro@Raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $903,200 $903,200 $903,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.911% 6.764% 6.435%
Monthly Tax Payment $1,704 $1,704 $1,704
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,561 $5,783 $7,744
Total Monthly Payment $7,390 $7,612 $9,573

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.