Active

$1,749,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 2517 sq ft
Overview
  • ID: MFRA4699916
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 2517 sq ft
Property Details
Remarks
Some places impress you the moment you arrive. Others change the way you live. 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 overlooking the sheltered waters of the Palm Island Yacht Basin and just across the street from the Gulf of Mexico, 550 North Gulf Boulevard offers one of the island’s most desirable settings. Private dockage provides direct, bridge-free access to Lemon Bay, the Intracoastal Waterway, and the Gulf, while deeded beach access just steps away offers the rare privilege of enjoying both boating and the beach from a single property. 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 features a covered 10,000-pound boat lift, capable of accommodating vessels of approximately 36 feet, providing direct access to Lemon Bay, the Intracoastal Waterway, and the Gulf. An air-conditioned 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.
Financial Considerations
Price:
$1,749,000
HOA Fee:
N/A
Tax Amount:
$17804.9
Price per SqFt:
$694.87
Tax Legal Description:
PIE 001 000F 0015 PALM ISLAND ESTATES UN 1 & 2 BLK F & FF LT 15 105/734 522/29T 539/660 646/595-602 DC1293/569 1543/995 2710/134 3659/476 4192/1890 AFF4569/778-SHR 4737/1315
Exterior Features
Lot Size:
19200
Lot Features:
Landscaped, Level, Oversized Lot, Private, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Circular Driveway, Driveway
Roof:
Metal
Pool:
Yes
Pool Features:
Gunite, In Ground, Lighting
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central, Electric, Zoned
Cooling:
Central Air, Zoned
Appliances:
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
Furnished:
Yes
Floor:
Bamboo, Ceramic Tile
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1961
Construction Type:
Block, HardiPlank Type
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Southwest
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, Lighting, Outdoor Grill, Private Yard, Rain Gutters, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    550 N GULF BLVD
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