For sale Condo

Listed Mar 19, 2026

$190,000 Est. $1,257/mo

7438 Palm Island Drive #3721

  • 1

    Beds

  • 1

    Baths

  • 668

    Sq ft

The story

  • Waterfront

Unit #3721 at 7438 Palm Island Drive is a 1-bedroom, 1-bathroom, two-story condo in Placida, FL with 668 sq ft of living space, built in 1987. It is currently listed at $190,000. Highlights include a waterfront setting.

Start you island life in this charming 1-bedroom, 1-bath beachfront villa located in the exclusive Palm Island Resort. Perfectly positioned near the beach, this inviting retreat offers a rare opportunity to own a slice of paradise accessible only by ferry or private boat—truly an “away from it all” coastal escape. Inside, the villa features an open and airy living space filled with natural light, complemented by vaulted ceilings and a seamless flow from the living and dining areas to the private screened lanai. Expansive sliding glass doors frame stunning Gulf and tropical landscape views, creating the perfect indoor-outdoor living experience. The kitchen offers ample cabinetry and functionality, ideal for both everyday living and vacation stays. The spacious bedroom provides a relaxing retreat, while the full bath is conveniently located for guests. Offered furnished, this villa is move-in and currently is in the resort rental program. Residents and guests of Palm Island Resort enjoy access to 7 plus miles of pristine beaches, swimming pool, tennis courts, dining, and a variety of recreational activities—all within a serene, natural island setting. Perfect for those seeking a peaceful getaway between Ft. Myers and Sarasota this Gulf-front villa delivers unmatched coastal living in one of Southwest Florida’s most unique island communities.

Facts & features

Home type

Condo

Year built

1987

Floors

2

Price per sq ft

$284

Included features

  • Cooling

    Central Air

  • Heating

    Electric

  • Appliances

    Dryer, Microwave, Range, Refrigerator, Washer

  • Flooring

    Carpet, Ceramic Tile

  • Roof

    Metal

  • Exterior

    Outdoor Grill

  • Water Source

    Public

  • Sewer

    Private Sewer

Mortgage calculator

Estimated monthly payment

$1,257 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,011
  • Property tax $190
  • Insurance $55

Includes principal, interest, taxes & insurance.

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Listing Broker

PALM ISLAND PROPERTIES INC

Broker Name

PALM ISLAND PROPERTIES INC

Agent

Lisa Halpin