Additional Information
Additional Parcels YN
false
Additional Rooms
Great Room, Inside Utility, Loft
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Architectural Style
Coastal
Association Fee Frequency
Annually
Association Fee Requirement
Optional
Building Area Source
Owner
Building Area Total Srch SqM
248.61
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
536.19
Community Features
Golf Carts OK
Construction Materials
Frame
Cumulative Days On Market
1
Elementary School
Vineland Elementary
Exterior Features
Balcony, Lighting, Outdoor Shower, Sliding Doors
Fireplace Features
Family Room, Wood Burning
Flood Zone Date
2022-12-15
Flood Zone Panel
12015C0352G
Flooring
Ceramic Tile, Luxury Vinyl, Wood
Foundation Details
Stilt/On Piling
High School
Lemon Bay High
Interior Features
Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Internet Address Display YN
true
Internet Automated Valuation Display YN
false
Internet Consumer Comment YN
false
Internet Entire Listing Display YN
true
Laundry Features
Inside, Laundry Chute, Laundry Room
List AOR
Sarasota - Manatee
Living Area Units
Square Feet
Lot Features
FloodZone, In County, Oversized Lot, Unpaved
Lot Size Square Feet
20560
Lot Size Square Meters
1910
Middle Or Junior School
L.A. Ainger Middle
Modification Timestamp
2026-01-27T17:51:11.943Z
Other Equipment
Irrigation Equipment
Parcel Number
412033128009
Patio And Porch Features
Covered, Deck, Screened
Property Condition
Completed
Property Description
Elevated, Stilt Home
Public Remarks
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.
RATIO Current Price By Calculated SqFt
536.19
Realtor Info
List Agent is Owner, Short Term Rental Allowed, Survey Available
Road Responsibility
Public Maintained Road
SW Subdiv Community Name
Palm Island Estates
Security Features
Smoke Detector(s)
Showing Requirements
Combination Lock Box, Contact Call Center, Lock Box Coded, ShowingTime
Status Change Timestamp
2026-01-26T18:54:17.000Z
Tax Legal Description
PALM ISLAND ESTS UNIT 4 BLK E LT 12 671/1643 740/2133 742/302 894/239 914/1583 942/1796 E1023/1092
Total Acreage
1/4 to less than 1/2
Universal Property Id
US-12015-N-412033128009-R-N
Unparsed Address
120 GASPARILLA WAY
Utilities
Cable Available, Cable Connected, Electricity Connected, Propane, Underground Utilities
Water Access
Bay/Harbor, Beach - Access Deeded
Water Body Name
BOCILLA PASS
Water Frontage Feet Bay Harbor
41
Water View
Bay/Harbor - Partial, Intracoastal Waterway
Window Features
Blinds, Rods, Thermal Windows, Window Treatments
