$874,900
About this home
Beachfront Investment Opportunity on Don Pedro Island – Renovated Coastal Retreat with Rare Expansion Potential! Experience the best of island living with this beautifully renovated 2-bedroom, 2.5-bath beachfront residence located in the sought-after Colony Don Pedro community. Offering incredible Gulf views, modern updates, and exceptional rental potential, this coastal escape is the perfect opportunity for investors, vacation homeowners, or those looking for a private island getaway. OPPORTUNITY AWAITS, the adjoining unit is also available for purchase, giving buyers the option to own the entire building and create a spacious beachfront family compound or maximize investment potential with multiple rental opportunities. Designed for relaxed coastal living, this thoughtfully updated residence features inviting indoor and outdoor spaces, including private screened and open lanais where you can enjoy the Gulf breeze, stunning sunsets, and peaceful island surroundings. A shaded ground-level area provides additional space for entertaining, gathering after a day on the beach, or simply embracing the laid-back island lifestyle. Recent improvements include a newer roof, beautifully updated kitchen and baths, upgraded flooring, electrical, plumbing, and HVAC systems. Located just steps from miles of pristine sandy beaches, enjoy endless days of shelling, shark tooth hunting, fishing, boating, paddleboarding, and unforgettable sunsets over the Gulf of Mexico. Don Pedro Island captures the charm of “Old Florida” with quiet beaches, golf carts, bicycles, and a slower pace, while still offering the modern conveniences needed for comfortable everyday living and quick, easy access to the mainland via a short car ferry ride. Community amenities include a heated pool, tennis court, and dockage with convenient access to the Intracoastal Waterway and Gulf through just two bridges. Whether you are looking for a high-potential vacation rental, a beachfront escape, or the opportunity to create a one-of-a-kind island retreat by purchasing both units, this property offers unmatched flexibility in one of Southwest Florida’s most unique coastal communities. Island living without compromise, privacy, natural beauty, convenience, and investment potential all in one. (Some photos are virtually staged.)
Highlights
Property details
- MLS #
- MFRD6147990
- Property type
- Villa
- Subdivision
- PALM ISLAND ESTATES UN 4
- Status
- Active
- Days on market
- 31
- On market date
- July 6, 2026
- Stories
- N/A
- Total bathrooms
- 2.5
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.11 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 603
- Student:teacher ratio
- 14.7:1
- District
- CHARLOTTE
- Enrollment
- 706
- Student:teacher ratio
- 20.2:1
- District
- CHARLOTTE
- Enrollment
- 1,226
- Student:teacher ratio
- 23.6:1
- District
- CHARLOTTE
Walkability
Blended score for PLACIDA's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 6, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.