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About This Home

This 3-bedroom, 2-bathroom single family at 120 GASPARILLA WAY in Placida, FL is listed for $949,900 ($509 per sqft). Built in 2003, the home offers 1,865 sqft of living space on a 0.47 acres lot.

Agent Description

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.

Key Features

  • Built in 2003
  • 0.47 acre lot
  • Fireplace
  • Waterfront

Property Details

2 full
2003

Amenities

FireplaceWaterfront

Monthly Cost Estimate

$5,080/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,116
Insurance$277

Estimates only. Actual payments may vary.

Location

120 GASPARILLA WAY

Placida, FL 33946

PALM ISLAND ESTS

Features & Amenities

Interior Features

Cathedral Ceiling(s)Ceiling Fans(s)Eat-in KitchenHigh CeilingsOpen FloorplanSolid Surface CountersSolid Wood CabinetsVaulted Ceiling(s)Walk-in Closet(s)Window Treatments

Exterior Features

UnpavedFencingBalconyLightingOutdoor ShowerSliding DoorsDock

Property Details

Flooring

TileTile - CeramicVinylWood

Construction

Frame

Parking

CarportCoveredDrivewayGolf CartUnderground/Basement

Heating

CentralFireplace(s)

Cooling

Central Air

Appliances

CooktopDishwasherDryerGarbage DisposerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 120 GASPARILLA WAY is listed at $949,900 ($509/sqft). The estimated monthly payment is $4,116 based on 20% down at 6.5% interest.

Key features include: Built in 2003, 0.47 acre lot, Fireplace, Waterfront. Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen. Exterior Features: Unpaved, Fencing, Balcony.

This property is listed by Tami Cashi and can be reached at 9415279088 or Tami.Cashi@floridamoves.com.

TC

Tami Cashi

Agent at COLDWELL BANKER REALTY

(941) 527-9088

Listed by COLDWELL BANKER REALTY · View on Broker Site

MLS# A4679720· Source: listhub· Updated 126 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

120 GASPARILLA WAY, Placida, FL 33946

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