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. 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. (some photos are virtually staged)
- Built in 1982
- $931.70/sqft
- Lot size: 9,630 sqft
- 158 days on market
- Directions: From 776 and Placida Rd., travel south on Placida Rd. to Panama Blvd. Car ferry to island (agent will assist with island access). Once on island, take N. Gulf Blvd. to left on S. Gulf Blvd. to address. Building located near community pool.
- County: Charlotte
- Geo subdivision: PALM ISLAND ESTATES UN 4
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Let's get in touch!

Pablo Farias
Consultor Imobiliário Licenciado 🇺🇸
- Source: Stellar MLS
- MLS #: D6144566
Listing updated: April 2, 2026 at 11:06AM
Listing provided by: Courtney DeFilippis, PARADISE EXCLUSIVE INC
Last checked 5 days ago
Listing provided by: Courtney DeFilippis, PARADISE EXCLUSIVE INC
Last checked 5 days ago
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