79 Palm DRIVE, Placida, FL, 33946 | $1,600,000

Welcome to your tropical retreat on Don Pedro Island, where luxury, tranquility, and adventure meet. This stunning single-family residence offers the perfect balance of relaxation and functionality, featuring an in-law suite, spacious outdoor living areas, and breathtaking Intracoastal views. Located just a 1-minute journey to boater’s paradise, this home is ideal for water enthusiasts, with direct boat access, a 10, 000-lb boat lift, and a dock perfect for mooring. As you arrive, you’ll be greeted by lush tropical landscaping, meticulously maintained to create a serene oasis. Stroll along beautiful brick-paver walkways that wind around the property, inviting you to explore every corner of this island haven. Step inside, and you’ll find an open great room concept designed to embrace the relaxing waterfront views. The recent kitchen upgrades are sure to impress, with new granite countertops, a stylish backsplash, a center bar island, and an inviting dining area just off the kitchen. The easy-to-maintain wood flooring flows seamlessly throughout the home, adding a touch of warmth and sophistication. Each bedroom is thoughtfully designed, offering more space than most homes, and the primary suite is a true retreat with an ensuite bath, new granite, and elegant new fixtures. The outdoor living spaces are perfect for entertaining or unwinding after a day on the water. The wrap-around deck includes a 10x40 screened porch with stunning tropical views, while the flexible outdoor space offers plenty of room for lounging, BBQs, or even setting up a gaming area. As a bonus, the newly renovated in-law suite provides a private getaway for guests or extended family. This one-bedroom suite features its own living area and is set up for an efficiency kitchen, ensuring ultimate comfort and convenience. Storage is never an issue here, thanks to two air-conditioned storage areas ideal for tools or safeguarding your belongings from the elements. The home is also equipped with hurricane shutters, an outdoor shower, and additional parking for all your boating toys, from wave runners to trailers. Don’t miss your chance to own this secluded slice of paradise with world-class fishing just moments away. Whether you're boating, lounging, or entertaining, this home offers everything you need to live your best island life. Schedule your private tour today and let the serenity of Palm Island Estates & Don Pedro Island welcome you home.

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 80 x 125
  • Laundry: Inside, Upper Level
  • Style: Custom, Elevated, Key West
  • Year Built: 1999
  • Garage: 2-car Boat, Covered, Driveway, Garage Door Opener, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest, Under Building
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,286
  • Acreage: 0.23
  • Lot Size: 80 x 125
  • Est. Taxes: $15,803
  • Lot Desc: Flood Insurance Required, FloodZone, In County, Landscaped, Level
  • View: Water
  • Elem. School: Vineland Elementary
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • MLS#: TB8337808
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/TB8337808/79palmdrive_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 1/19/2025 9:17:07 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 727-781-3700

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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
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Our Insurance Division:

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79 Palm DRIVE, Placida, FL, 33946

$1,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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 $1,280,000 $1,280,000 $1,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.200% 6.748% 6.786%
Monthly Tax Payment $1,317 $1,317 $1,317
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,516 $8,196 $11,238
Total Monthly Payment $9,958 $9,638 $12,680

* 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.