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6950 PALM ISLAND DRIVE

House For Sale
$2,400,000

BTC: 37.38922857

ETH: 1,361.36226984

67 days
Waterfront
3 bds
3 ba
2,375 sqft

Overview

Welcome to coastal perfection at Palm Island Resort on exclusive Palm Island, where panoramic views of Stump Pass and the Gulf of Mexico create a breathtaking backdrop for everyday living. This beautifully designed 3-bedroom, 3-bath beachfront residence captures the essence of island elegance, with an open floor plan thoughtfully oriented to maximize water views from nearly every room. Custom finishes shine throughout, including large porcelain tile flooring in the main living areas, heated floors in all bathrooms, and a seamless flow between the kitchen, dining, and living spaces. The living room is both inviting and serene, featuring a built-in bookshelf and charming window seat—perfect for relaxing with a book while coastal breezes drift in through a wall of sliding glass doors leading to the expansive screened lanai. Two guest bedrooms on the main level provide privacy and comfort, while the upstairs primary suite is a true retreat. Wake to sweeping water views and unwind each evening on your private sun deck as the sun sets over the Gulf. The suite also offers a spacious walk-in closet and a luxurious ensuite bath complete with soaking tub, walk-in shower with rain head, and dual vanities. Designed with both luxury and practicality in mind, the home includes an elevator servicing the main living level, central vacuum system, fire sprinkler system, wine cooler, hurricane-impact windows and doors with remote controlled Kevlar hurricane curtains for additional protection on the screened lanai, and a Halo whole-house water filtration system. Exterior features include durable Hardie Board siding (face-nailed for added strength), composite decking with marine-grade stainless steel, solid soffits, a newer metal roof, and updated AC systems. Outdoor living is equally impressive, with an open sun deck ideal for soaking up the Florida sunshine, a salt system hot tub for relaxing evenings under the stars, and lush tropical landscaping. The ground level offers a solid concrete foundation, golf cart garage, ample storage, and an outdoor shower—perfect after a day at the beach. Life at Palm Island Resort is truly a destination experience, offering private shell-strewn beaches, frequent dolphin and manatee sightings, tennis, pickleball, fitness center, dockage, clubhouse, and on-site dining at Rum Bay Restaurant, plus treats from Coconuts Ice Cream Shop. Accessible by a 3-minute car ferry ride and designed for golf cart and bicycle travel, this gated community with security and bell service delivers the ultimate in peaceful island living. Unspoiled, unforgettable, & simply paradise.

Location

Details

Type:
Residential
Parking:
Covered / Golf Cart Garage / Golf Cart Parking
Year Built:
2002
Lot:
0.37 Acres
Heating:
Central / Electric
Price/sqft:
$1,011
Cooling:
Central Air
HOA:
$1,150

Valuation

Our model vs. what's actually selling nearby.
Estimate
$634,250
$396K – $1.6M
Confidence Low
List vs. estimate
$1.8M above estimate
List $2,400,000 · +278.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,010
+147.7% vs. city median $407
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,566
2025
HOA
$1,150/qtr
Common Area Taxes, Community Pool, Escrow Reserves Fund
View
Water
Waterfront
Bay/Harbor Front, Gulf/Ocean Front
Garage
1 car garage
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Bamboo

    • Carpet

    • Porcelain Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Freezer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    • Water Filtration System

    • Water Softener

    • Wine Refrigerator

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Central Vacuum

    • Eating Space In Kitchen

    • Elevator

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Covered

    • Golf Cart Garage

    • Golf Cart Parking

    Property

    • Levels: Two

    • Exterior Features: French Doors / Hurricane Shutters / Irrigation System / Lighting / Outdoor Shower / Sliding Doors / Sprinkler Metered / Storage

    Lot

    • Lot: 0.37 Acres

    Other Property Information

    • Parcel Number: 412019426016

    • Zoning: PD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

    • Private

    • Sewer Connected

    • Sprinkler Recycled

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $1,150

    • HOA Frequency: Quarterly

    • Annual tax amount: $19,566

  • Source details

    • MLS ID: D6147088

    Other facts

    • Construction Materials: HardiPlank Type / Wood Frame

    • Foundation Details: Stilt/On Piling

    • Laundry Features: Inside / Laundry Room

    • Lot Features: CoastalConstruction Control Line / FloodZone / In County / Landscaped

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

    • Window Features: Drapes / ENERGY STAR Qualified Windows / Shutters / Storm Window(s) / Window Treatments

    • Direction Faces: East

    • Other Structures: Storage

    • Architectural Style: Coastal / Custom / Elevated

    • Waterfront: Yes

    • Water Body Name: GULF OF AMERICA

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2375

    • Water Source: Private

    • Lot Size Dimensions: 80 x 200

    • Subdivision Name: ISLAND HARBOR BEACH CLUB SEC 01

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 INC