120 Gasparilla Way

1,865 Sq. Ft.
$536 / Sq. Ft.
1,865
Sq. Ft.
$536
per 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...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.
  1. Listed by Tami Cashi • Brokerage DRE #2010251 • COLDWELL BANKER REALTY
    P: (941)-527-9088 C: (941)-527-9088 Tami.Cashi@floridamoves.com
  2. Listed by Lori Cashi-Haught • Brokerage DRE #2010251 • COLDWELL BANKER REALTY
    P: (941)-545-5016 C: (941)-545-5016 lori@teamcashi.com

Property Details for 120 Gasparilla Way

Architectural Style
Coastal
Subdivision Name
PALM ISLAND ESTS
Township
41
Carport Spaces
1
View
Water
Waterfront
Yes
Water View
Bay/Harbor - Partial, Intracoastal Waterway
Furnished
Turnkey
LISTING UPDATED: 01/27/2026 12:52 PM

Property Details for 120 Gasparilla Way

StatusActive
MLS #A4679720
Days on Market5
Taxes$10,276 / year
HOA Fees$125 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2003
Lot Size0.47 AC / 20,560 SF
CountyCharlotte County

Location

Listing Courtesy of COLDWELL BANKER REALTY, Tami Cashi; COLDWELL BANKER REALTY, Lori Cashi-Haught
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Building Information for 120 Gasparilla Way

Stories-Year Built2003Building Size-Lot Size0.47 AC / 20,560 SF

Payment Calculator

$5,741 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,874

Property Taxes

$856

HOA Dues

$10

The Payment Calculator is for illustrative purposes only.

Property Information for 120 Gasparilla Way

Summary
Location and General Information
  • Building Area Source: Owner
  • Building Area Total: 2676.0
  • Building Area Units: Square Feet
  • Community Features: Golf Carts OK
  • Direction Faces: East
  • Directions: Ferry only island. Winchester Road to South on Placida, to right onto Panama, take ferry across to Palm Island, then N Gulf to left on S Gulf to left on Bocilla to left on Gasparilla Way, house on left.
  • Elementary School: Vineland Elementary
  • Middle Or Junior School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Street Unpaved
  • Senior Community: No
  • SW Subdiv Community Name: Palm Island Estates
  • Unit Number: No
  • Street Number: 120
  • Street Name: GASPARILLA
  • Street Suffix: WAY
  • State: FL
  • City: PLACIDA
Parking
  • Carport: Yes
  • Garage: No
  • Parking Features: Covered, Driveway, Golf Cart Parking, Under Building
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: Optional
  • Association: Yes
  • CDD: No
  • Tax Block: E
  • 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
  • Tax Lot: 12
  • Tax Year: 2025
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Property
Lot Information
  • Additional Parcels: No
  • Future Land Use: 0100
  • Lot Features: FloodZone, In County, Oversized Lot
  • Parcel Number: 412033128009
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: Bay/Harbor, Beach - Access Deeded
  • Water Access: Yes
  • Water Body Name: BOCILLA PASS
  • Water Extras: No
  • Zoning: RSF3.5
  • Zoning Compatible: Yes
  • Living Area: 1865
Property and Assessments
  • Year Built Numeric: 2003
  • Flood Zone Code: AE
  • Flood Zone Date: 12-15-2022
  • Flood Zone Panel: 12015C0352G
  • Home Warranty: No
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 20
  • Public Survey Section: 33
  • Dock YN: Yes
  • Dock Description: Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric, Dock w/Water Supply
  • Dock Dimensions: 5x100
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Propane, Underground Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower, Sliding Doors
  • Fencing: Wood
  • Foundation Details: Stilt/On Piling
  • Levels: Two
  • Patio And Porch Features: Covered, Deck, Screened
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Security Features: Smoke Detector(s)
  • Waterfront Features: Bay/Harbor
  • Waterfront Feet Total: 41
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Additional Rooms: Great Room, Inside Utility, Loft
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace Features: Family Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Luxury Vinyl, Hardwood
  • Heating: Central
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Laundry Features: Inside, Laundry Chute, Laundry Room
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Room Count: 8.0
  • Water View: Yes
  • Window Features: Blinds, Rods, Thermal Windows, Window Treatments
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 120 Gasparilla Way

DateEvent & SourcePriceAppreciation
Jan 26, 2026

Listed (Active)

MFRMLS #A4679720

$999,999
Jul 3, 2014

Sold (Public Record)

Public Record #420113749

$525,000
Jul 3, 2014

Sold

MFRMLS #D5786744

$525,000
Jun 11, 2014

Pending

MFRMLS #D5786744

Mar 3, 2012

Listed (Active)

MFRMLS #D5786744

$599,000
DateEvent & SourcePrice
01/26/2026

Listed (Active)

MFRMLS #A4679720

$999,999
07/03/2014

Sold (Public Record)

Public Record #420113749

$525,000
07/03/2014

Sold

MFRMLS #D5786744

$525,000
06/11/2014

Pending

MFRMLS #D5786744

03/03/2012

Listed (Active)

MFRMLS #D5786744

$599,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 Gasparilla Way

Taxable ValueLand-Additions-Total-
Tax Record2025$9,183 ($765 / month)
Home Facts
Beds3Total Finished SqFt2,488 SqFtAbove Grade Finished SqFt2,488 SqFtStories2Lot Size16,842 SqFtStyleSingle Family ResidenceYear Built2003ZoningBBICountyCHARLOTTEAPN41-20-33-128-009Fireplace TypeHas Fireplace

Schools near 120 Gasparilla Way

This home is within Charlotte.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Vineland Elementary School
PublicPK to 5

L. A. Ainger Middle School
Public6 to 8

Lemon Bay High School
Public9 to 12

The Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

120 Gasparilla Way is a single family home for sale in Placida, FL 33946. This property was listed for sale on January 26, 2026 by COLDWELL BANKER REALTY, it's currently listed at $999,999. It has been on the market for a total of 5 days and was last sold on July 3, 2014. This listing's school district is Charlotte. Nearby schools include Vineland Elementary School, L. A. Ainger Middle School and Lemon Bay High School. 120 Gasparilla Way is a 3-bed, 2-bath, 1,865 sqft single family home built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of COLDWELL BANKER REALTY, Tami Cashi; COLDWELL BANKER REALTY, Lori Cashi-Haught

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.