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181 N GULF BOULEVARD UNIT 5

House Recently Sold
$2,225,000

BTC: 34.76562500

ETH: 1,274.34135166

Sold on: 2023-05-31
New
Waterfront
3 bds
3 ba
1,785 sqft

Overview

Beachfront Charm awaits in this spacious Palm Island Gulf-to-Bay Cottage. This home is perfectly nestled between the stunning sandy dunes that line the Gulf of Mexico and the intricate waterway of Bocilla Pass which offers easy access via one bridge to the Intra-Coastal Waterway in just minutes. The home features hardwood floors throughout, hurricane shutters & impact resistant windows to assure peace of mind, newer appliances and an open and airy floorplan which accentuates the stunning views in every direction. Upstairs you will find the master suite which offers a private balcony and a quaint loft that is perfect for a little afternoon reading or an office. Enjoy the multiple porches for viewing the endless remarkable sunsets, dolphins passing by, sea-turtles nesting on shore, passerby’s collecting sharks teeth and colorful shells, and the constant coastal breeze. This home is also located in a small private gated community named “Beach Place” which offers amenities including a tennis court on the beach, heated pool and dockage privileges. Great investment potential!

Location

Details

Type:
Residential
Parking:
Golf Cart Garage / Ground Level / Under Building
Year Built:
1992
Lot:
0.69 Acres
Heating:
Central / Electric
Price/sqft:
$1,261
Cooling:
Central Air
HOA:
$1,500

Valuation

Our model vs. what's actually selling nearby.
Estimate
$515,000
$460K – $1.6M
Confidence Low
List vs. estimate
$1.7M above estimate
List $2,250,000 · +336.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,260
+209.0% vs. city median $407
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,271
2022
HOA
$1,500/6mo
Common Area Taxes, Community Pool, Escrow Reserves Fund
Pool
Gunite
View
Water
Waterfront
Waterfront, Gulf/Ocean to Bay
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Stone Counters

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Golf Cart Garage

    • Ground Level

    • Under Building

    Property

    • Levels: Two

    • Exterior Features: Hurricane Shutters / Lighting / Outdoor Shower / Sliding Doors / Storage / Tennis Court(s)

    Lot

    • Lot: 0.69 Acres

    Other Property Information

    • Parcel Number: 412032601005

    • Zoning: BBI

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

    • Private

    • Water Connected

  • Other financial information

    • HOA: $1,500

    • HOA Frequency: Semi-Annually

    • Annual tax amount: $16,272

  • Source details

    • MLS ID: D6129421

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Stilt/On Piling

    • Laundry Features: Laundry Closet

    • Lot Features: CoastalConstruction Control Line / FloodZone / In County / Oversized Lot / Street Dead-End

    • Patio And Porch Features: Covered / Deck / Front Porch / Rear Porch / Screened

    • Pool Features: Gunite / In Ground / Lighting / Outside Bath Access

    • Direction Faces: East

    • Architectural Style: Coastal / Elevated / Key West

    • Waterfront: Yes

    • Water Body Name: GULF OF MEXICO

    • Living Area: 1785

    • Water Source: Private

    • Lot Size Dimensions: 92 x 326

    • Subdivision Name: PALM ISLAND ESTATES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PARADISE EXCLUSIVE