6950 PALM ISLAND DRIVE, PLACIDA, FL, 33946
Active109 days on marketListed Apr 16, 2026MLS #D6147088
About this home
6950 PALM ISLAND DRIVE
Welcome to coastal perfection at Palm Island Resort on exclusive Palm Island, where panoramic views of Stump Pass and the Gulf of Mexico create a breathtaking backdrop for everyday living. This beautifully designed 3-bedroom, 3-bath beachfront residence captures the essence of island elegance, with an open floor plan thoughtfully oriented to maximize water views from nearly every room. Custom finishes shine throughout, including large porcelain tile flooring in the main living areas, heated floors in all bathrooms, and a seamless flow between the kitchen, dining, and living spaces. The living room is both inviting and serene, featuring a built-in bookshelf and charming window seat—perfect for relaxing with a book while coastal breezes drift in through a wall of sliding glass doors leading to the expansive screened lanai. Two guest bedrooms on the main level provide privacy and comfort, while the upstairs primary suite is a true retreat. Wake to sweeping water views and unwind each evening on your private sun deck as the sun sets over the Gulf. The suite also offers a spacious walk-in closet and a luxurious ensuite bath complete with soaking tub, walk-in shower with rain head, and dual vanities. Designed with both luxury and practicality in mind, the home includes an elevator servicing the main living level, central vacuum system, fire sprinkler system, wine cooler, hurricane-impact windows and doors with remote controlled Kevlar hurricane curtains for additional protection on the screened lanai, and a Halo whole-house water filtration system. Exterior features include durable Hardie Board siding (face-nailed for added strength), composite decking with marine-grade stainless steel, solid soffits, a newer metal roof, and updated AC systems. Outdoor living is equally impressive, with an open sun deck ideal for soaking up the Florida sunshine, a salt system hot tub for relaxing evenings under the stars, and lush tropical landscaping. The ground level offers a solid concrete foundation, golf cart garage, ample storage, and an outdoor shower—perfect after a day at the beach. Life at Palm Island Resort is truly a destination experience, offering private shell-strewn beaches, frequent dolphin and manatee sightings, tennis, pickleball, fitness center, dockage, clubhouse, and on-site dining at Rum Bay Restaurant, plus treats from Coconuts Ice Cream Shop. Accessible by a 3-minute car ferry ride and designed for golf cart and bicycle travel, this gated community with security and bell service delivers the ultimate in peaceful island living. Unspoiled, unforgettable, & simply paradise.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,375
Sqft
0.37 ac
Lot size
1
Garage
2002
Year built
Two
Levels
$1,011
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.
$16,024 /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
$16,024/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.
vs edgeAI estimate
+402%
$/sqft vs Placida actives
$1,011 vs $343
Days on market
109 vs 91 typical
Where $1,011/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 · projected
$37,921/yr gross
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 → $595K
Placida median sold, yr/yr
92.4%
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 6757% above the PLACIDA 33946 median. See the full Placida market guide →
Paper trail
This home's history
Reality check
What actually sold near 6950 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$530,000
8885 COCO BAY BOULEVARD
3 bd · 3 ba · 2,459 sqft · $216/sqft · 195 DOM
Sold · Aug ’25$1,210,000
79 PALM DRIVE
4 bd · 3 ba · 2,286 sqft · $529/sqft · 159 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 6950 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 6950 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
6950 PALM ISLAND DRIVE FAQs
What would the monthly payment be for 6950 PALM ISLAND DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $16,024/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 6950 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 6950 PALM ISLAND DRIVE?+
The most recent tax bill on record (2025) was $19,566. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 6950 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 6950 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 $2,400,000, this home is listed about 270% above the Placida median of $649,000. The market section on this page shows how the area is trending.
Which schools are assigned to 6950 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
$2,400,000 runs 6757% above the PLACIDA 33946 median — but at 2,375 sqft it's also 33% larger than 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 PARADISE EXCLUSIVE REAL ESTATE · Courtney DeFilippis. MLS #D6147088.
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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