PLACIDA, FL 33946 120 GASPARILLA WAY
$949,900



63 more































































Presented By: COLDWELL BANKER REALTY with 941-907-1033. - 941-907-1033
Home Details
LOWEST PRICED SINGLE FAMILY HOME ON ISLAND W NO BRIDGES TO GULF FROM PRIVATE DOUBLE SIDED BOAT DOCK WITH WATER AND ELECTRIC. Experience the unmatched allure of Palm Island, one of Florida’s most secluded and luxurious coastal escapes. Please see Realtor remarks regarding assumable mortgage offered by seller at EXTREMELY ATTRACTIVE RATE. 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 think prize Tarpon, 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.
Presented By: COLDWELL BANKER REALTY with 941-907-1033. - 941-907-1033
Interior Features for 120 GASPARILLA WAY
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourceOwner
Air Conditioning Y/NYes
Fireplace FeaturesFamily Room, Wood Burning
Fireplace Y/NYes
FlooringCeramic Tile, Luxury Vinyl, Hardwood
Furnished Y/NTurnkey
Heating Y/NYes
Interior AmenitiesCathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry FeaturesInside, Laundry Chute, Laundry Room
Window FeaturesBlinds, Rods, Thermal Windows, Window Treatments
General for 120 GASPARILLA WAY
Additional Parcels Y/NNo
Additional RoomsGreat Room, Inside Utility, Loft
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Architectural StyleCoastal
Assoc Fee Paid PerAnnually
Body of WaterBOCILLA PASS
Building Area UnitsSquare Feet
Carport Spaces1
Carport Y/NYes
CityPLACIDA
Community FeaturesGolf Carts OK
Construction MaterialsWood Frame
CoolingCentral Air
CountyCharlotte
DirectionsFerry only island. Winchester Road to South on Placida, to right onto Panama, take ferry across to Palm Island, then N Gulf to left on S Gulf to left on Bocilla to left on Gasparilla Way, house on left.
DockY/NYes
Elementary SchoolVineland Elementary
Facing DirectionEast
Flood Zone CodeAE
Full Baths2
Garage Y/NNo
HOA Fee$125
HeatingCentral
High SchoolLemon Bay High
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionPALM ISLAND ESTS UNIT 4 BLK E LT 12 671/1643 740/2133 742/302 894/239 914/1583 942/1796 E1023/1092
LevelsTwo
Listing TermsCash, Conventional, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet20560
Lot Size UnitsSquare Feet
MLS Area33946 - Placida
Middle/Junior High SchoolL.A. Ainger Middle
Minimum LeaseNo Minimum
Monthly HOA Amount10.42
New ConstructionNo
Occupancy TypeVacant
OwnershipFee Simple
Patio/Porch FeaturesCovered, Deck, Screened
Pets AllowedYes
Property ConditionCompleted
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal
STELLAR_InLawSuiteYNNo
Security FeaturesSmoke Detector(s)
Senior Community Y/NNo
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NamePALM ISLAND ESTS
Tax Annual Amount10276
Tax Lot12
Tax Year2025
Total Rooms8
UtilitiesCable Available, Cable Connected, Electricity Connected, Propane, Underground Utilities
ViewWater
Virtual TourClick here
Water Access TypeBay/Harbor, Beach - Access Deeded
Water Access Y/NYes
Water ViewBay/Harbor - Partial, Intracoastal Waterway
Water View Y/NYes
Waterfront FeaturesBay/Harbor
Year Built2003
ZoningRSF3.5
Exterior for 120 GASPARILLA WAY
Building Area Total2676
Covered Spaces1
Exterior AmenitiesBalcony, Irrigation System, Lighting, Outdoor Shower, Sliding Doors
FencingWood
Foundation DetailsStilt/On Piling
Lot FeaturesFloodZone, In County, Oversized Lot
Lot Size Acres0.47
Lot Size Area20560
Parking FeaturesCovered, Driveway, Golf Cart Parking, Under Building
Private PoolNo
Road Frontage TypeStreet Unpaved
Road ResponsibilityPublic Maintained Road
Road Surface TypeUnimproved, Gravel
Water SourcePublic
Waterfront Y/NYes
Additional Details
Price History
Yerikza Arias
Realtor®
SQFT • 1,865