7438 PALM ISLAND DRIVE UNIT 3712, PLACIDA, FL, 33946
Active102 days on marketListed Apr 24, 2026MLS #D6147197
About this home
7438 PALM ISLAND DRIVE UNIT 3712
Welcome to island living at its finest in this beautifully appointed 2-bedroom villa at Palm Island Resort, where relaxed coastal charm meets breathtaking Gulf views. This inviting villa features a light-filled open floor plan with warm wood look vinyl flooring and coastal-inspired décor, creating an easy, airy ambiance throughout. The living area flows seamlessly to a private screened lanai, where sliding glass doors frame serene views of the Gulf —perfect for enjoying a beverage and sunset breezes. The well-equipped kitchen offers everything needed for effortless entertaining, while the adjoining dining and living spaces provide comfort and functionality. Both bedrooms are thoughtfully designed for privacy and relaxation, ideal for hosting guests. Located between Ft. Myers and Sarasota on a unique, secluded resort property accessible only by boat or car ferry, Palm Island Resort offers a truly tranquil escape with miles of pristine beach, pools, tennis, and island amenities. If you're seeking a personal getaway or an income-producing property, this Gulf-view villa delivers the perfect blend of comfort, privacy and charming coastal lifestyle.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,048
Sqft
1987
Year built
One
Levels
$281
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 — not generic estimates.
$2,538 /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
$2,538/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.
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
+70.8%
$/sqft vs Placida actives
$281 vs $355
Days on market
102 vs 91 typical
Where $281/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.
Where it sits
Inside Placida
Get to know Placida. See the full Placida 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)
63 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 743% above the PLACIDA 33946 median. See the full Placida market guide →
Paper trail
This home's history
Reality check
What actually sold near 7438 PALM ISLAND DRIVE UNIT 3712
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$250,000
7454 PALM ISLAND DRIVE UNIT 3313
2 bd · 2 ba · 1,048 sqft · $239/sqft · 781 DOM
Sold · Jan ’26$420,000
10452 RAYMOND STREET
2 bd · 1 ba · 950 sqft · $442/sqft · 170 DOM
Sold · Jun ’26$950,000
100 S GULF BOULEVARD
3 bd · 2.5 ba · 1,152 sqft · $825/sqft · 299 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 7438 PALM ISLAND DRIVE UNIT 3712 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7438 PALM ISLAND DRIVE UNIT 3712 — 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
7438 PALM ISLAND DRIVE UNIT 3712 FAQs
What would the monthly payment be for 7438 PALM ISLAND DRIVE UNIT 3712?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,538/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 7438 PALM ISLAND DRIVE UNIT 3712?+
The most recent tax bill on record (2025) was $6,134. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 7438 PALM ISLAND DRIVE UNIT 3712?+
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 $295,000, this home is listed about 55% below the Placida median of $649,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7438 PALM ISLAND DRIVE UNIT 3712?+
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
$295,000 runs 743% above the PLACIDA 33946 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong 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.
04The price has already moved
Listed at $340,000, now $295,000 — a $45K 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 #D6147197.
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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