February 1, 2026

Boca Grande Waterfront Homes

Jim & Sue Reske – (941) 276-4219

120 GASPARILLA WAY PLACIDA FL 33946 MLS #A4679720

120 GASPARILLA WAY
PLACIDA, FL, 33946
$999,999
3 Beds
2 Baths
1,865 SqFt
0.47 Acres
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MLS #A4679720 image #0
Experience the unmatched allure of Palm Island, one of Florida’s most secluded and luxurious coastal escapes. 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, 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.

Property Details

Price:
$999,999
MLS #:
A4679720
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM ISLAND ESTS
Neighborhood:
33946placida
Listed Date:
Jan 26, 2026
Finished Sq Ft:
1,865
Total Sq Ft:
2,676
Lot Size:
20,560 sqft / 0.47 acres (approx)
Year Built:
2003
CoastalWaterfront33946 – Placida33946placidaPalm Island EstsVineland ElementaryL.a. Ainger MiddleLemon Bay HighBocilla PassWaterNo MinimumPets Allowed

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Schools

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

Interior

Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Luxury Vinyl, Hardwood
Heating
Central
Laundry Features
Inside, Laundry Chute, Laundry Room

Exterior

Architectural Style
Coastal
Community Features
Golf Carts OK
Construction Materials
Wood Frame
Exterior Features
Balcony, Irrigation System, Lighting, Outdoor Shower, Sliding Doors
Parking Features
Covered, Driveway, Golf Cart Parking, Under Building
Roof
Metal
Security Features
Smoke Detector(s)

Financial

HOA Fee
$125
HOA Frequency
Annually
Tax Year
2025
Taxes
$10,276

Map

Community

Subdivisions in PLACIDA

Market Summary

Current real estate data for Single Family in PLACIDA as of Feb 01, 2026
153
Single Family Listed
145
Avg DOM
520
Avg $ / SqFt
$1,090,536
Avg List Price

Property Summary

    Located in the PALM ISLAND ESTS subdivision, 120 GASPARILLA WAY PLACIDA FL is a Single Family for sale in PLACIDA, FL, 33946. It is listed for $999,999 and features 3 beds, 2 baths, and has approximately 1,865 square feet of living space, and was originally constructed in 2003. The current price per square foot is $536. The average price per square foot for Single Family listings in PLACIDA is $520. The average listing price for Single Family in PLACIDA is $1,090,536. To schedule a showing of MLS#a4679720 at 120 GASPARILLA WAY in PLACIDA, FL, contact your Parsley-Baldwin Realty agent at 941-276-4219.

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