120 GASPARILLA WAY, Placida, FL 33946

• 3 beds |
• 2 baths |
• 1,865 sqft

Property Description

Experience the unmatched allure of Palm Island, one of Florida’s most secluded and luxurious coastal escapes. 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, 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.

Listing Status:

Active

Date Added:

January 26, 2026

Data Last Updated:

February 11, 2026 at 6:22AM

Listing Office:

COLDWELL BANKER REALTY : 941-907-1033

Listing Agent:

Tami Cashi : 941-527-9088

MLS ID:

A4679720

Interior

• General: Cathedral Ceiling(s)Ceiling Fans(s)Eat-in KitchenHigh CeilingsOpen FloorplanSolid Surface CountersSolid Wood CabinetsVaulted Ceiling(s)Walk-In Closet(s)Window Treatments
• Rooms: Great RoomInside UtilityLoft
• Appliances: Built-In OvenCooktopDishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRange HoodRefrigeratorWasher
• Laundry: InsideLaundry ChuteLaundry Room
• Flooring: Ceramic TileLuxury VinylWood
• A/C: Central Air
• Heating: Central
• Fireplace: Family RoomWood BurningFireplace

Exterior

• General: BalconyLightingOutdoor ShowerSliding Doors
• Style: Coastal
• Other Structures: DeckScreenedCovered
• Parking: CoveredDrivewayGolf Cart ParkingBasement

Construction

• Roofing: Metal
• Windows: BlindsRodsThermal WindowsWindow Treatments
• General: FrameTwoStilt/On Piling

Location

• Road/Access: Gravel
• HOA Amenities: 125.0Annually
• Originating MLS: Stellar MLS
• County: Charlotte

Lot

• Zoning: RSF3.5PALM ISLAND ESTS UNIT 4 BLK E LT 12 671/1643 740/2133 742/302 894/239 914/1583 942/1796 E1023/1092412033128009
• View: Water
• Fencing: Wood

Utilities

• Utilities: Cable AvailableCable ConnectedElectricity ConnectedPropaneUnderground Utilities
• Water: Public
• Sewer: Septic Tank

Financial

• Source: Stellar MLS
• Ownership: Fee Simple