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120 Gasparilla WAY
For Sale $999,999 ($536.19 per Sq Ft)
$999,999 ($536.19 per Sq Ft)
- 3 Bedrooms
- 2 Bathrooms
- 1,865 Sq Ft
- 20,560 Sq Ft
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $999,999 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,865 |
| Number of Stories | 0 stories |
| Parking Spots | 1 spots |
| Year Built | 2003 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $125 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 412033128009 |
| MLS # | A4679720 |
| Property ID | 322563643 |
| Lot Sqft | 20,560 |
| Zoning | RSF3.5 |
| Days on Market | 33 |
| Original List Price | $999,999 |
| Applicances | Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer% |
| Date Updated | February 03, 2026 |
| Date Created | January 26, 2026 |
Listing Provided By
Tami Cashi an agent of COLDWELL BANKER REALTY. Lic #3117254
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 03, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT