120 Gasparilla Way, PLACIDA, FL

$899,900

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3

Beds

2

Baths

1,865

Square feet

0.47

Acres

About 120 Gasparilla Way

Under contract-accepting backup offers. LOWEST PRICED SINGLE FAMILY HOME ON ISLAND W NO BRIDGES TO GULF FROM PRIVATE DOUBLE SIDED BOAT DOCK WITH WATER AND ELECTRIC. Experience the unmatched allure of Palm Island, one of Florida’s most secluded and luxurious coastal escapes. Please see Realtor remarks regarding assumable mortgage offered by seller at EXTREMELY ATTRACTIVE RATE. This seven-mile barrier island, nestled between Sarasota and Fort Myers on the Gulf Coast, is accessible only by car ferry—instantly creating an atmosphere of exclusivity and tranquility from the moment you arrive. Here, sugar-white beaches, serene harbors, winding lagoons, world-class fishing think prize Tarpon, and extraordinary shelling become the backdrop to a lifestyle defined by relaxation and natural beauty. Set on the intracoastal waterway, this stunning home offers approximately 1,800 square feet of inviting living space with three beautifully appointed bedrooms and two baths. The dramatic loft-style primary suite features a queen bed, its own sitting area with a convertible single, and even a full bed set within an expansive walk-in closet. The additional bedrooms provide generous accommodations, including two full beds in one room and a queen in the other, ensuring comfort for family and guests alike. The expansive great room elevates coastal living with its corner wood-burning coral fireplace, soaring vaulted ceilings, and a fully equipped kitchen boasting a gas cooktop—ideal for relaxed evenings or entertaining. Step onto the screened balcony for delightful peek-a-boo views of the canal and intracoastal, or retreat to the private third-floor terrace off the loft bedroom for a peaceful morning coffee high above the island. The property’s deep-water, double-sided dock—with both electric and water—invites you to launch into endless boating adventures. Below the home, a beautifully pavered area creates a breezy open-air retreat complete with an outdoor shower, offering even more space to enjoy island living. Palm Island’s charm extends beyond the home with the beloved Rum Bay Restaurant, its adjacent ice cream shop, and the island’s signature amenities including kayak, paddleboard, and golf cart rentals. The ferry runs daily, offering seamless access to your private sanctuary—just drive aboard, cross the water, and step into a world where life slows down and serenity takes center stage. Palm Island is more than a destination; it is a truly extraordinary place to call home.

Features of 120 Gasparilla Way

MLS® # A4679720
Price $899,900
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,865
Acres 0.47
Year Built 2003
Type Residential
Sub-Type Single Family Residence
Style Coastal
Status Pending

Community Information

Address 120 Gasparilla Way
Area Placida
Subdivision PALM ISLAND ESTS
City PLACIDA
County Charlotte
State FL
Zip Code 33946

Amenities

Parking Covered, Driveway, Golf Cart Parking, Under Building
View Water
Is Waterfront Yes
Waterfront Bay/Harbor
Has Pool No

Interior

Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Appliances Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Heating Central
Cooling Central Air
Fireplace Yes
Fireplaces Family Room, Wood Burning

Exterior

Exterior Features Balcony, Irrigation System, Lighting, Outdoor Shower, Sliding Doors
Lot Description FloodZone, In County, Oversized Lot
Roof Metal
Foundation Stilt/On Piling

School Information

Elementary Vineland Elementary
Middle L.A. Ainger Middle
High Lemon Bay High

Additional Information

Date Listed January 26th, 2026
Days on Market 218
Zoning RSF3.5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOLDWELL BANKER REALTY

Listing Map

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