
7320 PALM ISLAND DRIVE, PLACIDA, FL, 33946
Active114 days on marketListed Apr 10, 2026MLS #D6146980
About this home
7320 PALM ISLAND DRIVE
Unparalleled craftsmanship meets coastal elegance in this exceptional Gulf-front residence, ideally located within a premier island resort community on Palm Island, perfectly positioned between Sarasota and Ft. Myers. Accessible only by boat or car ferry, this exclusive barrier island offers over seven miles of pristine, uncrowded beaches and an “away from it all” lifestyle that is increasingly rare along Florida’s Gulf Coast. This property greets you with swaying palms and tropical foliage, then offers a stunning primary suite, two guest bedrooms, a private office/den, four full bathrooms, and one-half bath, this home is designed to capture Gulf views while delivering refined luxury and effortless coastal living. The open-concept kitchen, living, and dining areas are filled with natural light, highlighted by expansive full-length windows that frame endless water views and unforgettable sunsets. The chef’s kitchen is a showpiece, featuring a double Wolf gas range, integrated Sub-Zero refrigerator freezer, a large double island with custom zinc clad surfaces, crisper drawers, and a beverage cooler providing exceptional space for entertaining or preparing a gourmet meal. A butler’s pantry connects to the laundry room and includes a half bath and second dishwasher. A sleek wet bar is built into the kitchen, featuring a small sink, custom cabinetry, and a wine cooler. The adjoining living space is complimented by a gas fireplace. The dining area is elevated by a raised shiplap, cupola-style ceiling and surrounded by sliding windows overlooking the blue water. Anchoring it all is imported Jerusalem gray gold limestone tile. Open the doors to the upper porch and lower the motorized screens to create a shaded retreat. Here integrated hurricane shutters provide an added layer of protection. The lower sun deck spans the width of the home—soak up the sun or enjoy outdoor dining and cooking. The main-floor study offers custom built-in shelving and its own private balcony—perfect for a peaceful retreat. Built for both beauty and durability, the home showcases a full Hardie board exterior, a hidden 4-zone air conditioning system, and exceptional architectural detail throughout. The wide staircase with wrought iron railing is complemented by the convenience of a newer elevator servicing all levels. French doors open to the upper-level private primary suite with sweeping Gulf views and a dedicated sitting area. The spa-inspired primary bath features a walk-in shower with bench and multiple shower heads, marble tile and flooring, and an oversized jetted soaking tub with a Gulf view. The luxury continues with back-to-back vanities, walk-in closets, and a separate dressing space. Equally impressive, one guest suite features a queen-size bed and its own bathroom. The second bedroom includes built-in twin beds and additional freestanding beds to comfortably sleep multiple guests, along with a full bath. The ground level offers painted pilings, weather-treated wood plank flooring, and generous space for relaxing and entertaining. This level also accommodates a golf cart garage, tool storage, and built-in shelving. Situated within a sought-after resort community, including a community pool, fitness center, massage room, and tennis program. Ownership includes first right of refusal on a dock with lift—an opportunity for boating enthusiasts. This is a rare offering combining luxury design, resort-style amenities, and the serenity of Gulf-front living.
Facts & features
The home at a glance
3
Bedrooms
4.5
Bathrooms
4,070
Sqft
0.2 ac
Lot size
2013
Year built
Two
Levels
$1,057
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.
$27,703 /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
$27,703/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Placida actives
$1,057 vs $343
Days on market
114 vs 91 typical
Where $1,057/sqft sits among the 151 Placida actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
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.
The Englewood short-term market
▼ Softening44%
Occupancy
▼ 20% yr/yr
$262
Avg nightly rate
▲ 23% yr/yr
$25K/yr
Revenue per listing
$128
RevPAR
62 days
Booking lead time
7.5 nights
Avg stay
6
Typical min nights
525
Active rentals
▲ 30% supply
Seasonality — monthly occupancy
Peaks at 66% in Feb · bottoms at 28% in Sep
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Englewood — the projection above is specific to this home’s size.
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 → $464K
Placida median sold, yr/yr
92.2%
Sale-to-list ratio (12 mo)
64 of 151
Placida actives have cut their price
Median sold price, Placida, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 12186% above the PLACIDA 33946 median. See the full Placida market guide →
Paper trail
This home's history
Reality check
What actually sold near 7320 PALM ISLAND DRIVE
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 · May ’26$3,800,000
391 N GULF BOULEVARD
4 bd · 3.5 ba · 4,158 sqft · $914/sqft · 46 DOM
Sold · Sep ’25$1,700,000
3 POINTE WAY
4 bd · 4 ba · 3,500 sqft · $486/sqft · 10 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 7320 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 7320 PALM ISLAND DRIVE — 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
7320 PALM ISLAND DRIVE FAQs
What would the monthly payment be for 7320 PALM ISLAND DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $27,703/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 7320 PALM ISLAND DRIVE?+
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 7320 PALM ISLAND DRIVE?+
The most recent tax bill on record (2025) was $28,139. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 7320 PALM ISLAND DRIVE 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 7320 PALM ISLAND DRIVE?+
The listing reports pets: Cats OK, Dogs OK. 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 $4,300,000, this home is listed about 563% above the Placida median of $649,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7320 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
$4,300,000 runs 12186% above the PLACIDA 33946 median — but at 4,070 sqft it's also nearly twice the size of the typical Placida listing.
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.
03Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
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.
Keep looking
Similar homes nearby
Listing courtesy of PALM ISLAND PROPERTIES INC · Lisa Halpin. MLS #D6146980.
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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