Alva / Olga / Pine Island / Matlacha, FL · Waterfront / Boating Communities

Palm Island Estates

Canal-access off Stringfellow Rd

Waterfront / Boating Communitiessingle-familyMid · $450K – $900KFEMA Zones X / AE · varies by lot

On the Map

Where Palm Island Estates sits

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Available Now

Homes for sale in Palm Island Estates

No active listings in Palm Island Estates right now

New homes list here weekly, search nearby or ask Rick to watch this community for you.

At a Glance

Palm Island Estates at a glance

Price Range
Mid
Typically $450K – $900K
Flood Zone
Zones X / AE
Varies by lot, verify your address
Minimal flood risk
medium-confidence estimate, verify by address
Community Type
single-family
Region
Alva / Olga / Pine Island / Matlacha

Amenities & Lifestyle

What you get living in Palm Island Estates

Boating Canal

Drive Times

Location & access

  • 🏖️ Nearest Beach40 min
  • ✈️ RSW Airport34 min
  • 🏙️ Downtown Fort Myers10 min
  • 🏥 Nearest Hospital24 min
  • 🛣️ I-75 Access28 min

Cost of Ownership

Estimated yearly costs for a mid-tier home

Florida estimates based on a $650,000 home in Palm Island Estates. Actual numbers vary, book a Strategy Session for a live, parcel-specific quote.

Property Tax
$8,450
~$704/mo · Lee County millage ~1.3%
Insurance
$3,250, $7,150
Standard homeowners + wind
HOA Estimate
$0, $150/mo
Typically low/none

Estimates only. Florida Homestead Exemption (when you qualify) can knock $750-1,500 off the annual tax bill.

⚠️ Flood Zone Accuracy Note

Palm Island Estates is mapped primarily in Zone X

Our analysis found 2 different flood zones within Palm Island Estates's footprint (Zone X, Zone AE). The exact flood zone for any specific home depends on its parcel, homes on different streets, lots, or elevations within the same community can have different zone classifications.

Before making an offer, always verify the exact flood zone for the specific property address:

Source: FEMA National Flood Hazard Layer · sampled at 5 points per community · confidence: medium

Ready to Look Closer?

Get live numbers for Palm Island Estates

HOA dues, current listings, recent sales, builder incentives, all change weekly. Book a free Strategy Session and I'll pull a live snapshot for Palm Island Estates tailored to your timeline and budget.

Good Questions

Palm Island Estates, frequently asked questions

What are home prices like in Palm Island Estates?
Palm Island Estates is in the mid price tier, typically Typically $450K – $900K. List prices vary by size, age, condition, and current inventory; search current listings or ask Rick for live comps.
What FEMA flood zone is Palm Island Estates in?
Palm Island Estates straddles more than one FEMA zone (Zones X / AE), the exact zone depends on the specific lot, so insurance can differ street to street. Rick verifies the exact zone for any address before you offer.
What schools are near Palm Island Estates?
Closest schools include Little Piece Of Me Montessori (1.6 mi), Northern Palms Charter High School (1.9 mi), Caloosa Middle School (1.9 mi). Browse all on the schools directory.
What does it cost to own a home in Palm Island Estates?
For a $650,000 home, estimate roughly $8,450/yr property tax, $3,250-$7,150/yr insurance, and $0-$150/mo HOA. Full breakdown in the SWFL cost cheatsheet.
What amenities does Palm Island Estates offer?
Palm Island Estates features Boating Canal. Compare similar communities on the interactive map.