Listing provided courtesy of COLDWELL BANKER REALTYas Distributed by MLSGrid- MLS# MFRA4679720MLS Provider

120 GASPARILLA WAYPLACIDA, FL 33946

Single Family · 3 Beds · 2 Full Baths · 1,865 Sq. ft. | 0.47 Acres
$949,900 Active

120 GASPARILLA WAY Overview

Time on Site:
155 days
Visits:
0

LOWEST PRICED SINGLE FAMILY HOME ON ISLAND W NO BRIDGES TO GULF FROM PRIVATE DOUBLE SIDED BOAT DOCK WITH WATER AND ELECTRIC. Experience the unmatched allure of Palm Island, one of Florida’s most secluded and luxurious coastal escapes. Please see Realtor remarks regarding assumable mortgage offered by seller at EXTREMELY ATTRACTIVE RATE. This seven-mile barrier island, nestled between Sarasota and Fort Myers on the Gulf Coast, is accessible only by car ferry—instantly creating an atmosphere of exclusivity and tranquility from the moment you arrive. Here, sugar-white beaches, serene harbors, winding lagoons, world-class fishing think prize Tarpon, and extraordinary shelling become the backdrop to a lifestyle defined by relaxation and natural beauty. Set on the intracoastal waterway, this stunning home offers approximately 1,800 square feet of inviting living space with three beautifully appointed bedrooms and two baths. The dramatic loft-style primary suite features a queen bed, its own sitting area with a convertible single, and even a full bed set within an expansive walk-in closet. The additional bedrooms provide generous accommodations, including two full beds in one room and a queen in the other, ensuring comfort for family and guests alike. The expansive great room elevates coastal living with its corner wood-burning coral fireplace, soaring vaulted ceilings, and a fully equipped kitchen boasting a gas cooktop—ideal for relaxed evenings or entertaining. Step onto the screened balcony for delightful peek-a-boo views of the canal and intracoastal, or retreat to the private third-floor terrace off the loft bedroom for a peaceful morning coffee high above the island. The property’s deep-water, double-sided dock—with both electric and water—invites you to launch into endless boating adventures. Below the home, a beautifully pavered area creates a breezy open-air retreat complete with an outdoor shower, offering even more space to enjoy island living. Palm Island’s charm extends beyond the home with the beloved Rum Bay Restaurant, its adjacent ice cream shop, and the island’s signature amenities including kayak, paddleboard, and golf cart rentals. The ferry runs daily, offering seamless access to your private sanctuary—just drive aboard, cross the water, and step into a world where life slows down and serenity takes center stage. Palm Island is more than a destination; it is a truly extraordinary place to call home.

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120 GASPARILLA WAY Facts & Features

  • Type Single Family
  • Sq. ft. 1,865
  • Price/Sq.ft. $509
  • Lot 0.47 Acres

Details

General

Association/HOA

  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Association: Yes

School Information

  • Elementary School: Vineland Elementary
  • Middle Or Junior School: L.A. Ainger Middle
  • High School: Lemon Bay High

Building Information

  • New Construction: No
  • Year Built: 2003

Location/Region

  • Country: US
  • County Or Parish: Charlotte
  • MLS Area Major: 33946 - Placida
  • Subdivision Name: PALM ISLAND ESTS
  • Township: 41

Community/Development

  • Community Features: Golf Carts OK

Tax Information

  • Tax Annual Amount: 10276
  • Tax Year: 2025

General Information

  • Furnished: Turnkey
  • Listing Terms: Cash,Conventional,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 412033128009
  • Pets Allowed: Yes
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RSF3.5

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 2676
  • Building Area Units: Square Feet

General Information

  • Appliances: Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Range Hood,Refrigerator,Washer
  • Cooling: Central Air
  • Fireplace Features: Family Room,Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile,Luxury Vinyl,Wood
  • Foundation Details: Stilt/On Piling
  • Heating: Central
  • Interior Features: Cathedral Ceiling(s),Ceiling Fans(s),Eat-in Kitchen,High Ceilings,Open Floorplan,Solid Surface Counters,Solid Wood Cabinets,Vaulted Ceiling(s),Walk-In Closet(s),Window Treatments
  • Laundry Features: Inside,Laundry Chute,Laundry Room
  • Levels: Two
  • Living Area: 1865
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds,Rods,Thermal Windows,Window Treatments

Exterior

Parking Information

  • Parking Features: Covered,Driveway,Golf Cart Parking,Basement

Lot Information

  • Additional Parcels: No
  • Lot Features: FloodZone,In County,Oversized Lot,Unpaved
  • Lot Size Acres: 0.47
  • Lot Size Square Feet: 20560
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Gravel
  • Water Source: Public

Waterfront/View

  • View: Water
  • Water Body Name: BOCILLA PASS
  • Waterfront Features: Bay/Harbor
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Coastal
  • Construction Materials: Frame
  • Direction Faces: East
  • Patio And Porch Features: Covered,Deck,Screened
  • Roof: Metal

General Information

  • Carport Spaces: 1
  • Carport: Yes
  • Exterior Features: Balcony,Lighting,Outdoor Shower,Sliding Doors
  • Fencing: Wood
  • Pool Private: No
  • Sewer: Septic Tank
  • Utilities: Cable Available,Cable Connected,Electricity Connected,Propane,Underground Utilities

Room Information

Room: Balcony/Porch/Lanai

  • Level: Second
  • Dimensions: 15x8
  • Length: 8
  • Width: 15

Room: Bedroom 2

  • Level: Second
  • Dimensions: 11x10
  • Length: 10
  • Width: 11

Room: Bedroom 3

  • Level: Second
  • Dimensions: 11x10
  • Length: 10
  • Width: 11

Room: Great Room

  • Level: Second
  • Dimensions: 14x15
  • Length: 15
  • Width: 14
  • Features: Ceiling Fan(s)

Room: Kitchen

  • Level: Second
  • Dimensions: 15x8
  • Length: 8
  • Width: 15
  • Features: Pantry

Room: Living Room

  • Level: Second
  • Dimensions: 14x15
  • Length: 15
  • Width: 14

Room: Primary Bathroom

  • Level: Third
  • Features: Double Vanity,En Suite Bathroom,Shower No Tub

Room: Primary Bedroom

  • Level: Third
  • Dimensions: 17x12
  • Length: 12
  • Width: 17

120 GASPARILLA WAY Neighborhood

Community

33946 (PLACIDA) Demographics

66
Median Age
154
Population Density (per sq. mile)
42%
College Educated
$57,984
Estimated Median Income
1,132
Estimated Total Home Owners
124
Estimated Total Renters
90% / 10%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

120 GASPARILLA WAY Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

120 GASPARILLA WAY Market Data

Based on the last 30 days in this zip code

$877,465
Average List Price
$464
Average Price per Square Foot
19
Properties Sold
200
Average Days on Market
226
Properties for Sale
Calculations provided by Reliance Network

120 GASPARILLA WAY History

Date Event Value Agent
5/3/2026Source: My Florida Regional MLS Price Reduction
$949,900 -2.6%
4/16/2026Source: My Florida Regional MLS Price Reduction
$974,900 -2.5%
4/1/2026Source: My Florida Regional MLS Price Reduction
$999,998 -0.0%
1/26/2026Source: My Florida Regional MLS Added to Database
January 26, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022