
7394 PALM ISLAND DRIVE, PLACIDA, FL, 33946
Active0 days on marketListed Aug 14, 2026MLS #D6148065
About this home
7394 PALM ISLAND DRIVE
Set directly on the Gulf of Mexico within the private, gated Palm Island Resort, this custom built coastal estate offers 6 bedrooms, 5.5 baths, and more than 4,600 sq ft of air conditioned living space—surrounded by breathtaking water views from both the Gulf and Lemon Bay. Recently refreshed with a 2026 exterior remodel, the home blends timeless architecture with the relaxed elegance of true island living. Accessible only by car ferry or private boat, Palm Island feels wonderfully removed from the mainland—quiet, natural, and reminiscent of a Caribbean island from decades past. Inside the resort, life shifts to golf cart only, whether you bring your own or call upon the bellman for concierge service. The island’s only restaurant sits just moments away, and 24 hour security watches over the community, even though only the sea turtles are up at night, nesting quietly under the moonlight. It’s a place where you truly leave your worries in the parking lot and step into perfect, uncomplicated paradise. Upon entering the home, you’re immediately drawn toward its most unforgettable feature—a sweeping expanse of Gulf water that fills the great room with shimmering light. The first floor offers generous living space with multiple sitting areas, a gas fireplace, dining, kitchen, utility room, two ensuite bedrooms, and a half bath. Warm wood floors anchor the main living areas, while the bedrooms feature soft carpeting and the bathrooms showcase distinctive custom tilework—details that quietly reflect the home’s custom design and the care that went into every element. Upstairs, four additional bedrooms include two Gulf front suites, each with window wrapped turret spaces rising to sculpted wood plank ceilings and capturing the horizon in unforgettable ways. Below the elevated living level, a full open ground floor offers secure golf cart parking, storage, and flexible space ready to be built out to suit your vision. Loved by one family and ready for another, this Gulf front sanctuary offers privacy, beauty, and a lifestyle found in only a few rare corners of the country—peaceful, natural, and beautifully unhurried.
Facts & features
The home at a glance
6
Bedrooms
5.5
Bathrooms
4,612
Sqft
0.24 ac
Lot size
2001
Year built
Two
Levels
$672
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$20,750 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$20,750/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Placida
Get to know Placida. See the full Placida guide →
PLACIDA 33946 — neighborhood snapshot
Population
2,745
Median age
63.2
Median income
$93,466
Median home value
$626,500
Avg household
2.02
Households w/ children
86%
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Placida market
$475K → $535K
Placida median sold, yr/yr
92.4%
Sale-to-list ratio (12 mo)
Median sold price, Placida, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 8760% above the PLACIDA 33946 median. See the full Placida market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Tyler Stoddard
REALTOR · CENTURY 21 Edge
Tours, negotiation, and every question about 7394 PALM ISLAND DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7394 PALM ISLAND DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Tyler's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
7394 PALM ISLAND DRIVE FAQs
What would the monthly payment be for 7394 PALM ISLAND DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $20,750/mo — principal and interest, the actual property-tax bill, the $305/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 7394 PALM ISLAND DRIVE?+
The association fee works out to $305 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 7394 PALM ISLAND DRIVE?+
The most recent tax bill on record (2025) was $28,737. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 7394 PALM ISLAND DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Placida?+
At $3,100,000, this home is listed about 378% above the Placida median of $649,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7394 PALM ISLAND DRIVE?+
L. A. Ainger Middle School (middle), Vineland Elementary School (elementary), Lemon Bay High School (high) — Charlotte County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$3,100,000 runs 8760% above the PLACIDA 33946 median — but at 4,612 sqft it's also nearly 3 times the size of the typical Placida listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Listed today in a Placida market that averages 105 — if it fits, move quickly.
04Strong assigned schools
L. A. Ainger Middle School, Vineland Elementary School, Lemon Bay High School — Vineland Elementary School rates 4 of 5. Always verify assignments with the district.
Listing courtesy of MICHAEL SAUNDERS & COMPANY · Marcia Cullinan. MLS #D6148065.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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