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7320 PALM ISLAND DRIVE

House For Sale
$4,300,000

BTC: 66.15384615

ETH: 2,388.88888889

52 days
Waterfront
3 bds
4 ba
4,070 sqft

Overview

Unparalleled craftsmanship meets coastal elegance in this exceptional Gulf-front residence, ideally located within a premier island resort community on Palm Island, perfectly positioned between Sarasota and Ft. Myers. Accessible only by boat or car ferry, this exclusive barrier island offers over seven miles of pristine, uncrowded beaches and an “away from it all” lifestyle that is increasingly rare along Florida’s Gulf Coast. This property greets you with swaying palms and tropical foliage, then offers a stunning primary suite, two guest bedrooms, a private office/den, four full bathrooms, and one-half bath, this home is designed to capture Gulf views while delivering refined luxury and effortless coastal living. The open-concept kitchen, living, and dining areas are filled with natural light, highlighted by expansive full-length windows that frame endless water views and unforgettable sunsets. The chef’s kitchen is a showpiece, featuring a double Wolf gas range, integrated Sub-Zero refrigerator freezer, a large double island with custom zinc clad surfaces, crisper drawers, and a beverage cooler providing exceptional space for entertaining or preparing a gourmet meal. A butler’s pantry connects to the laundry room and includes a half bath and second dishwasher. A sleek wet bar is built into the kitchen, featuring a small sink, custom cabinetry, and a wine cooler. The adjoining living space is complimented by a gas fireplace. The dining area is elevated by a raised shiplap, cupola-style ceiling and surrounded by sliding windows overlooking the blue water. Anchoring it all is imported Jerusalem gray gold limestone tile. Open the doors to the upper porch and lower the motorized screens to create a shaded retreat. Here integrated hurricane shutters provide an added layer of protection. The lower sun deck spans the width of the home—soak up the sun or enjoy outdoor dining and cooking. The main-floor study offers custom built-in shelving and its own private balcony—perfect for a peaceful retreat. Built for both beauty and durability, the home showcases a full Hardie board exterior, a hidden 4-zone air conditioning system, and exceptional architectural detail throughout. The wide staircase with wrought iron railing is complemented by the convenience of a newer elevator servicing all levels. French doors open to the upper-level private primary suite with sweeping Gulf views and a dedicated sitting area. The spa-inspired primary bath features a walk-in shower with bench and multiple shower heads, marble tile and flooring, and an oversized jetted soaking tub with a Gulf view. The luxury continues with back-to-back vanities, walk-in closets, and a separate dressing space. Equally impressive, one guest suite features a queen-size bed and its own bathroom. The second bedroom includes built-in twin beds and additional freestanding beds to comfortably sleep multiple guests, along with a full bath. The ground level offers painted pilings, weather-treated wood plank flooring, and generous space for relaxing and entertaining. This level also accommodates a golf cart garage, tool storage, and built-in shelving. Situated within a sought-after resort community, including a community pool, fitness center, massage room, and tennis program. Ownership includes first right of refusal on a dock with lift—an opportunity for boating enthusiasts. This is a rare offering combining luxury design, resort-style amenities, and the serenity of Gulf-front living.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2013
Lot:
0.20 Acres
Heating:
Central / Electric
Price/sqft:
$1,057
Cooling:
Central Air / Zoned
HOA:
$1,150

Valuation

Our model vs. what's actually selling nearby.
Estimate
$899,900
$609K – $5.7M
Confidence Low
List vs. estimate
$3.4M above estimate
List $4,300,000 · +377.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,056
+159.0% vs. city median $407
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$28,138
2025
HOA
$1,150/qtr
Waterfront
Gulf/Ocean
Furnished
Partially
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Bar Fridge

    • Dishwasher

    • Disposal

    • Dryer

    • Exhaust Fan

    • Microwave

    • Range

    • Refrigerator

    • Washer

    • Wine Refrigerator

    Other interior features

    • Central Vacuum

    • Coffered Ceiling(s)

    • Elevator

    • High Ceilings

    • Open Floorplan

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Stone Counters

    • Walk-In Closet(s)

    • Wet Bar

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Exterior Features: Irrigation System / Private Entrance

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 412031376005

    • Zoning: PD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

  • Other financial information

    • HOA: $1,150

    • HOA Frequency: Quarterly

    • Annual tax amount: $28,139

  • Source details

    • MLS ID: D6146980

    Other facts

    • Construction Materials: HardiPlank Type / Wood Frame

    • Foundation Details: Stilt/On Piling

    • Fireplace Features: Gas / Living Room

    • Laundry Features: Laundry Room

    • Direction Faces: East

    • Waterfront: Yes

    • Fireplace: Yes

    • Living Area: 4070

    • Water Source: Public

    • Lot Size Dimensions: 20 x 147

    • Subdivision Name: ISLAND HARBOR BEACH CLUB SEC 01

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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: PALM ISLAND PROPERTIES INC