David Ramirez
Short-Term Rental Eligible
$4,300,0003 bd4.5 ba4,070 sqft$1,057 /sqft$27,703 /mo all-in ↓

7320 PALM ISLAND DRIVE, PLACIDA, FL, 33946

Active114 days on marketListed Apr 10, 2026MLS #D6146980

WaterfrontSingle Family ResidenceISLAND HARBOR BEACH CLUB SEC 01

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

WaterfrontFireplacePartially

Inside

FlooringTile
AppliancesBar Fridge · Dishwasher · Disposal · Dryer · Exhaust Fan · Microwave · Range · Refrigerator · Washer · Wine Refrigerator
InteriorCentral Vacuum · Coffered Ceiling(s) · Elevator · High Ceilings · Open Floorplan · PrimaryBedroom Upstairs · Solid Surface Counters · Solid Wood Cabinets · Stone Counters · Walk-In Closet(s) · Wet Bar · Window Treatments
LaundryLaundry Room
CoolingCentral Air · Zoned
HeatingCentral · Electric
FurnishedPartially

Outside & construction

RoofMetal
ConstructionHardiPlank Type · Wood Frame
FoundationStilt/On Piling
FacesEast
ExteriorIrrigation System · Private Entrance

Community & fees

HOA fee$383/mo
Taxes (2025)$28,139/yr
PetsCats OK, Dogs OK

Utilities & systems

UtilitiesCable Available
WaterPublic

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%

Principal & interest$23,203
PMI (est., until 20% equity)$1,613
Property tax — 2025 actual bill$2,345
HOA fee — from the listing$383
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $430,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $430,000
Interest rate6.00%
Loan term

Estimated payment

$27,703/mo

Principal & interest$23,203
PMI (est., until 20% equity)$1,613
Property taxes (actual bill)$2,345
HOA / condo fee$383
Est. insurance$160

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

67
31
16
14
14
9 · this home
$183–329$329–474$474–620$620–765$765–911$911+

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

Nightly rentalsAllowed
CommunityIsland Club
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$6,200/mo median

MarketPlacida
Annual gross at median$74,400
Gross yield on this price1.7%
Homes for rent right now39

Live Placida rental listing data — this home’s rate depends on size, condition and furnishing.

The Englewood short-term market

▼ Softening

44%

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

48%
66%
65%
46%
39%
37%
46%
36%
28%
32%
37%
40%
JanFebMarAprMayJunJulAugSepOctNovDec

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

Map of 7320 PALM ISLAND DRIVE inside its neighborhood boundary

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

MiddleL. A. Ainger Middle School★★★★★
ElementaryVineland Elementary School★★★★
HighLemon Bay High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Placida market

Seller’s marketLeans buyer12.6 months of inventoryBuyer’s 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

Apr 10, 2026Listed at $4,300,000 · 114 days on market since
2013Built · ISLAND HARBOR BEACH CLUB SEC 01

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.

6900 PALM ISLAND DRIVESold · Jan ’26

$1,375,000

6900 PALM ISLAND DRIVE · same community

3 bd · 3 ba · 2,462 sqft · $558/sqft · 43 DOM

391 N GULF BOULEVARDSold · May ’26

$3,800,000

391 N GULF BOULEVARD

4 bd · 3.5 ba · 4,158 sqft · $914/sqft · 46 DOM

3 POINTE WAYSold · 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 7320 PALM ISLAND DRIVE — start here.

Andrew Acosta

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.

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.

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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