Residential Property - Single Family Residence in Placida
Listing Price: $2,510,000 (Mortgage Calculator →)
Description of Property
Beachfront Investment Opportunity on Don Pedro Island – Dual Renovated Units with Flexible Rental Potential! Discover a rare opportunity to own two fully renovated beachfront units in the Colony Don Pedro community—Units 11 & 12, offered as a single property. With a total of 4 bedrooms, 4 full baths, and 2 half baths, this versatile layout features an interior connecting door, allowing the property to function as: One large family retreat, Two separate 2BR/2.5BA vacation rentals OR A personal getaway + income-producing unit. Each unit features private screened and open lanais, plus shaded lounging areas below—perfect for outdoor entertaining or relaxing after a day on the beach. Every detail has been thoughtfully updated: newer roof, modern kitchens & baths, upgraded flooring, electric, plumbing, and HVAC systems. The seller is offering a $5,000 appliance credit per unit, allowing the buyer to select their preferred appliances. Enjoy miles of pristine sandy beaches just steps away—perfect for shelling, shark tooth hunting, and peaceful strolls. With breathtaking Gulf sunsets, world-class fishing, and the laid-back lifestyle of golf carts, bicycles, and boats, this island gem offers the true essence of “Old Florida” living. Community amenities include: Heated pool, Tennis court, Dockage with access to the Intracoastal and Gulf via just two bridges. Also includes secured mainland parking spot (#7) in the Palm Island Transit lot. Whether you’re looking for an income-generating rental, a family compound, or a flexible island escape, this property delivers unmatched potential and coastal charm. Don Pedro Island is accessible via a short car ferry ride, keeping it quiet, private, and unspoiled. Live, rent, or retreat—this is island life, your way.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Placida
County: Charlotte
Subdivision: Palm Island Estates Un 4
Bedrooms: 4
Bathrooms: 4
Half Baths: 2
Sq. Ft. Gross: 3,214
Sq. Ft. Living Area: 2,694
Cost per (heated) sqare foot: $932
Year built: 1982
Annual Tax: $11,687
HOA Fee: $1,750 Semi-Annually
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Electric Water Heater
Window Features: Storm Window(s)
Additional Rooms: Inside Utility
Flooring: Luxury Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Beach
Water Access: Yes
Water Access Type: Lagoon
Water Name: GULF OF AMERICA
Exterior & Construction
Architectural Style: Key West
Construction: Wood Frame
Foundation: Stilt/On Piling
Roof: Shingle
Exterior Features: Tennis Court(s)
Parking Features: Under Building
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features: Screened
Security Features:
Other Structures:
View: Water
Fencing:
Sewer: Septic Tank
Water Source: Private
Lot Information
Lot Features: In County
Lot Size (acres): 0.22
Lot Size (sq. ft.): 9,630 square feet
Front Exposure: East
Additional Parcels: Yes
Additional Parcels Description: 412033726012
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 412033726011
Zoning: BBI
Pets Allowed/Pet Policies: Dogs OK
Tax Legal Desc.: CDP 001 0000 0011 COLONY DON PEDRO PH 1 UN 11 AKA PALM ISLAND ESTS UN 4 BLK A LT 28 700/1666 1355/286 1390/1679 1486/1549 1486/1553 1767/1295 2131/988 E2223/1069 3308/789
Section: 33
Range: 20E
Listing courtesy of PARADISE EXCLUSIVE INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.