7438 PALM ISLAND DRIVE
PLACIDA, FL 33946
Location
About this home
Start you island life in this charming 1-bedroom, 1-bath beachfront villa located in the exclusive Palm Island Resort. Perfectly positioned near the beach, this inviting retreat offers a rare opportunity to own a slice of paradise accessible only by ferry or private boat—truly an “away from it all” coastal escape. Inside, the villa features an open and airy living space filled with natural light, complemented by vaulted ceilings and a seamless flow from the living and dining areas to the private screened lanai. Expansive sliding glass doors frame stunning Gulf and tropical landscape views, creating the perfect indoor-outdoor living experience. The kitchen offers ample cabinetry and functionality, ideal for both everyday living and vacation stays. The spacious bedroom provides a relaxing retreat, while the full bath is conveniently located for guests. Offered furnished, this villa is move-in and currently is in the resort rental program. Residents and guests of Palm Island Resort enjoy access to 7 plus miles of pristine beaches, swimming pool, tennis courts, dining, and a variety of recreational activities—all within a serene, natural island setting. Perfect for those seeking a peaceful getaway between Ft. Myers and Sarasota this Gulf-front villa delivers unmatched coastal living in one of Southwest Florida’s most unique island communities.
Facts & features
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 668 sqft
- Heating
- Electric
- Cooling
- Central Air
- Flooring
- Carpet, Ceramic Tile
- Stories
- 2
- Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
- Appliances
- Dryer, Microwave, Range, Refrigerator, Washer
Exterior & lot
- Lot size
- 2,000 sqft
- Waterfront
- Yes
- Roof
- Metal
- Construction
- Vinyl Siding, Frame
- Exterior
- Outdoor Grill
Financial
- Annual tax
- $3,420 (2025)
- Price / sqft
- $284/sqft
Utilities
- Water
- Public
- Sewer
- Private Sewer
- Utilities
- BB/HS Internet Available
Property
- Property type
- Condo
- Year built
- 1987
- Subdivision
- BEACH VILLAS BLDG 37
- County
- Charlotte
Listing
- Status
- Active
- Days on market
- 181 days
- MLS #
- MFR785621878
- Source
- Stellar MLS
Listed by Lisa Halpin · PALM ISLAND PROPERTIES INC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $961/mo
- Property tax
- $285/mo
- Home insurance
- Left out until you enter a quote
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Similar homes nearby
Homes for sale in PLACIDA within the same price band.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Mar 24, 2026 | Listed | $190,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for PLACIDA, FL are not connected yet, so this page does not show them.
Frequently asked questions
What would 7438 PALM ISLAND DRIVE, PLACIDA cost per month?
About $1,246 a month: $961 principal and interest, $285 property tax. That assumes 20% down at 6.5% over 30 years, and leaves out insurance.
Is 7438 PALM ISLAND DRIVE, PLACIDA priced fairly?
Comparable homes nearby put it between $160,901 and $185,123, with $173,012 in the middle. Those are asking prices, not closed sales: 8 properties of the same type within three miles, each within 20% of this one's size and a bedroom either way, at a median of $259 a square foot.
How does 7438 PALM ISLAND DRIVE, PLACIDA compare to nearby homes?
8 comparable properties within three miles. The nearest: 7446 PALM ISLAND DRIVE, PLACIDA, FL at $279,000, 668 sq ft, 0.05 miles away; 7450 PALM ISLAND DRIVE, PLACIDA, FL at $175,000, 668 sq ft, 0.07 miles away; 7454 PALM ISLAND DRIVE, PLACIDA, FL at $184,900, 668 sq ft, 0.09 miles away.
How long has 7438 PALM ISLAND DRIVE, PLACIDA been on the market?
163 days on the market.
Has the price of 7438 PALM ISLAND DRIVE, PLACIDA changed?
The price has not moved since it was listed.
How big is 7438 PALM ISLAND DRIVE, PLACIDA?
1 bed, 1 bath, 668 square feet. That is $284 a square foot.
What year was 7438 PALM ISLAND DRIVE, PLACIDA built?
Built in 1987.
What is the HOA fee at 7438 PALM ISLAND DRIVE, PLACIDA?
The feed lists no association fee for this property.
What are the property taxes at 7438 PALM ISLAND DRIVE, PLACIDA?
Property tax works out to about $285 a month, $3,420 a year, on the 2025 assessment.
Is 7438 PALM ISLAND DRIVE, PLACIDA still available?
It is still on the market.
