40 S GULF BOULEVARD Build your dream coastal retreat and/or unlock exceptional vacation rental income potential on this spectacular waterfront homesite in Palm Island Estates. Imagine owning a modern island getaway just steps from the shoreline, where guests seek the rare experience of escaping the mainland and embracing a relaxed beach lifestyle. Accessible primarily by ferry, this exclusive island community is a world away from traffic and crowds, where golf carts, bicycles, kayaks, and paddleboards are the preferred way to explore. The property boasts over 150 feet of waterfront frontage, offering breathtaking views and direct access to endless outdoor adventures. Experience the coveted Gulf-to-Bay lifestyle with seven miles of pristine sandy beaches just moments away. Spend your days boating, fishing, kayaking, paddleboarding, shelling, or simply relaxing by the water before enjoying unforgettable sunsets from your own backyard. Boaters will appreciate the quick access to the Intracoastal Waterway and the Gulf of Mexico, making this an ideal destination for waterfront enthusiasts. Whether you're creating a private island sanctuary, a luxury vacation rental, or both, this unique property offers the opportunity to capitalize on one of Southwest Florida's most desirable and limited waterfront destinations.