51 PALM DRIVE
| Bedrooms | 3 |
|---|---|
| Bathrooms | 2 full |
| Living area | 1,839 Sq. Ft. |
| Total area | 2,730 Sq. Ft. |
| Year built | 1992 |
| Lot size | 0.28 acres (12,375 Sq. Ft.) |
| Lot dimensions | 53.5x125x126x125 |
| Carport | 1 spaces |
| Stories | 2 |
| Waterfront | Yes |
| HOA | About $5/mo |
| Flood zone | 8AE |
| Subdivision | PALM ISLAND ESTATES 3RD ADD |
| Days on market | 182 |
| MLS number | MFRD6146695 |
Property taxes: $15,032 (2025) is the current owner's bill. In Florida the bill usually goes up after a sale, when the homestead cap and exemption go away. See what yours would be.
About this home
Price Improvement! Welcome to 51 Palm Drive located on beautiful Palm Island, Florida. This waterfront island home offers the ultimate in coastal living, combining direct Gulf access, stunning sunset views, and the privacy of a barrier island lifestyle with over seven miles of pristine sandy beaches just moments away. Situated on an oversized corner lot, this 3-bedroom, 2-bath residence features a private dock on a saltwater canal with no bridges to the Gulf of Mexico—a true boater’s dream. Enjoy effortless days on the water with quick access to world-class fishing, boating, and island hopping. Inside, the home showcases an open-concept floor plan designed for relaxed coastal living, with a spacious great room, beautiful Spanish tile and wood flooring, and warm knotty pine walls and ceilings that create a classic island feel. The remodeled kitchen is both stylish and functional, featuring granite countertops, stainless steel energy-efficient appliances, under-cabinet lighting, wine rack, and a granite topped kitchen island perfect for entertaining. Wake up to Gulf views and breathtaking sunsets from the top-floor primary suite, complete with a beautifully updated travertine bathroom, dual vanities, garden tub and a rain shower. Outdoor living is just as inviting with a screened second-floor porch, fire pit, a charming hexagon deck nestled among mature palms, and lush Florida-friendly landscaping. Additional features include a metal roof with radiant barrier, 15 SEER Trane A/C system with UV light and connection to public water and cable—offering comfort, efficiency, and peace of mind. With ample room to add a pool and positioned as one of the best values for a 3-bedroom waterfront home with direct Gulf access on Palm Island, this property is ideal as a full-time residence, vacation home, or investment opportunity. Experience the beauty of Palm Island living—where nature, tranquility, and coastal luxury come together.
Features
| Interior | Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments |
|---|---|
| Appliances | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer |
| Flooring | Ceramic Tile, Wood |
| Laundry | Inside |
| Exterior | Private Yard, Storage |
| Patio and porch | Covered, Deck |
| View | Water, Gulf/Ocean - Partial |
| Waterfront | Canal - Saltwater |
| Body of water | YACHT BASIN- LEMON BAY |
| Construction | Frame, Wood Siding |
| Roof | Metal |
| Foundation | Stilt/On Piling |
| Style | Florida |
| Levels | Two |
| Faces | Northeast |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Cable Available, Electricity Connected, Water Connected |
| Sewer | Septic Tank |
| Water | Public |
| Pets | Yes |
| Furnished | Furnished |
| Sale conditions | None |
| Elementary school | Vineland Elementary |
| Middle school | L.A. Ainger Middle |
| High school | Lemon Bay High |
| County | Charlotte |
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Listing courtesy of TARPON REAL ESTATE, INC, 941-697-7575 (David Haynes). Stellar MLS via MLS GRID.
Listings courtesy of Stellar MLS as distributed by MLS GRID. Information is deemed reliable but is not guaranteed accurate by Stellar MLS, MLS GRID, or Putnam Realty Group, and should be independently verified. This 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. Properties may be listed by brokerages other than Putnam Realty Group. To report an inaccuracy, contact Michael Putnam at 941-662-9941 or [email protected].