7061 PALM ISLAND DRIVE Lot 69, PLACIDA, FL, 33946
Pending786 days on marketListed Jun 11, 2024MLS #D6136933
About this home
7061 PALM ISLAND DRIVE Lot 69
Reduced to sell! Island life awaits! Build the beach home in paradise that is right for you. This island lot is located within Palm Island Resort where you can relax the days away picking the most beautiful shells, lounging by the pool or participate in the vibrant tennis program and fitness classes. Accessible only by car ferry or your own boat Palm Island is the definition of tranquil island life. Explore 7 miles of sandy beach and watch the gorgeous sunset over the Gulf of Mexico. Your new home will have access to 7 miles of pristine beaches. Located between Ft. Myers and Sarasota, discover this secret treasure on Florida's West Coast today.
Facts & features
The home at a glance
0.22 ac
Lot size
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.
$1,244 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$1,244/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
The investor lens
Two ways this home pays
This home sits inside Island Club, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$6,200/mo median
Live Placida rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Island Club
Island Club is a short-term-rental community. See the full 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 → $595K
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 157% above the PLACIDA 33946 median. See the full Placida market guide →
Paper trail
This home's history
Reality check
What actually sold near 7061 PALM ISLAND DRIVE Lot 69
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$1,375,000
6900 PALM ISLAND DRIVE · same community
3 bd · 3 ba · 2,462 sqft · $558/sqft · 43 DOM
Sold · Feb ’26$82,500
7446 PALM ISLAND DRIVE UNIT 3514
1 bd · 1 ba · 668 sqft · $124/sqft · 831 DOM
Sold · Apr ’26$525,000
170 N GULF BOULEVARD UNIT 4
2 bd · 1.5 ba · 924 sqft · $568/sqft · 150 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 7061 PALM ISLAND DRIVE Lot 69 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7061 PALM ISLAND DRIVE Lot 69 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
7061 PALM ISLAND DRIVE Lot 69 FAQs
What would the monthly payment be for 7061 PALM ISLAND DRIVE Lot 69?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,244/mo — principal and interest, the actual property-tax bill, the $383/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 7061 PALM ISLAND DRIVE Lot 69?+
The association fee works out to $383 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 7061 PALM ISLAND DRIVE Lot 69?+
The most recent tax bill on record (2023) was $1,579. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 7061 PALM ISLAND DRIVE Lot 69 be rented short-term?+
Yes — this home sits inside Island Club, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 7061 PALM ISLAND DRIVE Lot 69?+
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 $90,000, this home is listed about 86% below the Placida median of $649,450. The market section on this page shows how the area is trending.
Which schools are assigned to 7061 PALM ISLAND DRIVE Lot 69?+
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
Five things that matter here
01Positioned at the premium end
$90,000 runs 157% above the PLACIDA 33946 median.
02Zoned for nightly rentals
Island Club is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Time on market is leverage
786 days on market against a Placida median of 99 — sellers in this position are usually ready to negotiate.
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.
05The price has already moved
Listed at $185,000, now $90,000 — a $95K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of PALM ISLAND PROPERTIES INC · Lisa Halpin. MLS #D6136933.
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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