$1,649,900

Welcome to Golden Palms Resort, an updated eight-unit waterfront retreat in the heart of St. James City! Set on an oversized double lot with approximately 161 feet of direct, no-bridge Gulf-access canal frontage, this rare income-producing property delivers the laid-back Pine Island lifestyle guests seek. All eight studio-style units have now been renovated and offer an open bedroom/living area, kitchen, private bath, and a balcony and/or patio—creating comfortable, turnkey accommodations with a bright coastal feel. A full-length waterfront dock provides exceptional boating access and room to enjoy the canal front setting, while the expansive deck is made for sunsets, entertaining, fishing stories, and dolphin watching. The property also features a 2025 metal roof, impact-resistant windows, mini-split A/C systems, two on-site coin-operated laundry sets, secured bike parking, maintenance and cleaning storage, ample parking, and a fenced pet-friendly yard. With four units historically leased annually and four used as vacation rentals, Golden Palms Resort offers flexibility for an investor, boutique hospitality operator, or owner seeking a waterfront compound with income potential. Seller financing may be available. Welcome to Golden Palms Resort, a charming island retreat in the heart of St. James City. This inviting eight-unit resort/multi family offers the relaxed, Old Florida lifestyle visitors and seasonal guests love, with each thoughtfully designed unit featuring an open-concept bedroom and living area, kitchen, private bathroom, and its own balcony and/or patio. Three units currently rented month to month, other suites are rented weely/monthly - lots of opportunities for short term vacation rentals - there is already a significant amount of bookings reserved through 2026 and 2027 with repeat clients. Whether guests are here to fish, boat, explore Pine Island, or simply unwind in the sunshine, Golden Palms Resort provides a comfortable and convenient home base with an authentic coastal feel. Its flexible layout and intimate eight-unit setting create an appealing opportunity for boutique hospitality, vacation rentals, or a private island escape with income potential.