
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,517 sqft
Price per Sqft $694
Subdivision Palm Island Estates Un 1
MLS Listing ID A4699916
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1961
Annual Tax Amount $17,804
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 80x240
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Your journey home begins with a brief five-minute crossing aboard the Palm Island car ferry, where the pace of the mainland gives way to one of Florida's most treasured and exclusive barrier islands—a place where the water sets the rhythm of the day, quiet beaches and protected waters create the backdrop, and a remarkable sense of tranquility becomes part of everyday life.
Perfectly positioned on an oversized double lot between the protected harbor and the Gulf of Mexico, 550 North Gulf Boulevard offers one of Palm Island's most desirable settings. Protected dockage with direct access to Lemon Bay, the Intracoastal Waterway, and the Gulf pairs effortlessly with deeded beach access just across the street—an uncommon combination that defines the property's extraordinary appeal.
The residence encompasses approximately 2,517 square feet with three bedrooms and two full bathrooms, offering a floor plan that balances comfortable everyday living with effortless entertaining. Extensive interior renovations have transformed the home's main living spaces, highlighted by a beautifully appointed kitchen featuring custom cabinetry, premium appliances, generous workspace, and a large center island that naturally becomes the gathering place for family and friends. A custom entertaining bar complements the adjoining living and dining areas, creating an inviting space that flows seamlessly throughout the main level.
Occupying the entire second floor, the owner's suite provides exceptional privacy and generous living space. In addition to the spacious bedroom, the suite includes an adjoining office or sitting area, a generous walk-in closet, and the added convenience of a separate washer and dryer within the primary bathroom. Two private balconies—one facing east to welcome the sunrise and the other west to capture spectacular sunsets—offer peaceful places to enjoy the changing light while overlooking the pool and tropical landscape.
Designed for entertaining as much as relaxation, the pool features a generous sun shelf and a built-in submerged table, creating an inviting setting for al fresco dining, afternoon refreshments, or sunset cocktails beneath mature palms and surrounded by lush tropical landscaping. The surrounding patios provide inviting spaces to gather with family and friends or simply unwind in the privacy of the island setting.
For boaters, the waterfront amenities are exceptional. The composite dock is equipped with a covered 10,000lb boat lift and provides direct access to Lemon Bay, the Intracoastal Waterway, and the Gulf with no fixed bridges restricting your route to open water. A flexible workshop offers valuable space for boating equipment, fishing gear, hobbies, or additional storage.
Whether the day begins with a sunrise walk along the Gulf beach, an afternoon on the water, or an evening watching the sunset from your private balcony, 550 North Gulf Boulevard offers more than an exceptional waterfront home—it offers the opportunity to experience Palm Island as it was meant to be lived.
Location
State FL
County Charlotte
Community Palm Island Estates Un 1
Area 33946 - Placida
Zoning BBI
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
Heating Central, Electric, Zoned
Cooling Central Air, Zoned
Flooring Bamboo, Ceramic Tile
Furnishings Negotiable
Fireplace false
Appliance Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature Balcony, Lighting, Outdoor Grill, Private Yard, Rain Gutters, Sliding Doors
Parking Features Circular Driveway, Driveway
Fence Fenced, Vinyl, Wood
Pool Gunite, In Ground, Lighting
Community Features Golf Carts OK
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Waterfront Description Bay/Harbor
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay
View Water, Gulf/Ocean - Partial, Gulf/Ocean to Bay
Roof Type Metal
Porch Covered, Front Porch, Patio, Rear Porch, Screened
Exposure Southwest
Garage false
Private Pool Yes
Building
Lot Description Landscaped, Level, Oversized Lot, Private, Paved
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Architectural Style Coastal, Key West
Structure Type Block,HardiPlank Type
New Construction false
Schools
Elementary Schools Vineland Elementary
Middle Schools L.A. Ainger Middle
High Schools Lemon Bay High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.zillow.com/view-imx/87a071b1-8831-4602-ad5e-740b5a723d59?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

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