NOT LISTED FOR SALE

Estimated Value: $256,000 - $279,000

2 Beds
2 Baths
988 Sq Ft
$425/mo HOA Fee

Last Sold August 08, 2022

Last sale price $355,000 $359 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $2,189/month

5 Days on Market

Highlights

  • Waterfront Community
  • White Water Ocean Views
  • Custom Home
  • Sallie Jones Elementary School Rated A-
  • Above Ground Pool
  • Sauna

About This Home

As of August 2022

PALACIO DEL SOL CONDO IN PGI W/SPECTACULAR HARBOR VIEWS! Beautifully-updated, 2 bed/2 bath condo is looking for a new owner. Unit has been updated with gorgeous finishes including fresh paint, imported, Italian LVT flooring throughout, recessed LED lighting plus stunning, new kitchen & baths. Harbor views available from the moment you step into the condo. The living room & master bedroom open to a tiled balcony that overlooks Charlotte Harbor. Sit back & relax overlooking the bustling activity in the water below including boat traffic, native birds swooping beneath the surface, dolphins playing & the occasional manatee. Gorgeous, new kitchen boasts new cabinetry, quartz counters that offer a subtle elegance, stainless steel appliances, updated fixtures, closet pantry & black subway tile back splash. The master suite has walk-out access to the balcony & a large picture window out onto the harbor. En-suite master bath has quartz counter over a spacious, new vanity, modern light fixture & tiled combination tub/shower. The large guest bedroom is adjacent to the updated guest bath that offers modern vanity, updated fixtures & a large walk-in tiled shower. Move-in ready unit comes w/assigned parking spot & adjacent storage unit. Palacio del Sol is walking distance to Fishermen's Village, Isles Yacht Club, new library, Gilchrist Park & downtown Punta Gorda. Miles of sidewalks connect you to numerous parks, nature walks & walking/biking trails throughout the city. Condo amenities include a roof top pool w/multi-level sun decks - soak up the Florida sun here or enjoy the beautiful sunsets from this elevated perch. Additional amenities include secured entry w/elevator, a clubhouse w/shower & saunas on the 7th floor, garbage chutes, full-size washer/dryers on each floor & plenty of guest parking. Own a piece of paradise today. Unit is great for year-round or seasonal use. Make an appointment today.

Last Agent to Sell the Property

Luke Andreae

RE/MAX HARBOR REALTY License #3056380 Listed on: 06/30/2022

RE/MAX HARBOR REALTY

Last Buyer's Agent

Barbara Brooks

RE/MAX PALM PCS License #3019154

RE/MAX PALM PCS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1975

Lot Details

  • 871

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Custom Home
  • Florida Architecture
  • Concrete Roof
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 988 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Vinyl Flooring
  • White Water Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Guest Parking
  • Assigned Parking

Pool

  • Above Ground Pool
  • Fiberglass Pool

Schools

  • Sallie Jones Elementary School
  • Punta Gorda Middle School
  • Charlotte High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • South Facing Home
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • Star Hospitality Managment Association, Phone Number (941) 575-6764
  • Visit Association Website
  • Palacio Del Sol Community
  • Palacio Del Sol Subdivision
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Waterfront Community
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,096

Year Built

Built in 1975

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom, Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 988
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 988
  • Lot Size Sq Ft: 967
  • Directions to Property: From US 41 go west on Marion Ave and then turn right onto Park Beach Circle.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7462919?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7462919?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 359.31
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 359.31
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 1500
  • Room Count: 7
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Above Ground, Fiberglass
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0237F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Ground Level, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, No Truck/RV/Motorcycle Parking, Pool, Waterfront
  • Association Amenities: Pool, Sauna
  • Association Fee: 425
  • Association Fee Frequency: Monthly
  • Association Name: STAR HOSPITALITY MANAGMENT
  • Phone: 941-575-6764
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Website: http://starhospitalitymanagement.com/
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5100
  • Monthly HOA Fee: 425
  • Total Monthly Fees: 425

Schools

  • Elementary School: Sallie Jones Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Punta Gorda Middle

Lot Info

  • Zoning: GM-15
  • Parcel Number: 412212554018
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Approval Process: Submit application w/copy of lease prior to beginning of lease term. See condo docs/rules & regs for complete leasing process.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See condo docs/rules & regs for complete leasing restrictions

Tax Info

  • Tax Annual Amount: 3096
  • Tax Book Number: 2182-2226
  • Tax Lot: 3H

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 8, 2022
Sold by
Stroh Jr George F and Stroh Catherine G
Bought by
Alexandrou Casmos
Seller's Agent
Luke Andreae
RE/MAX HARBOR REALTY
Buyer's Agent
Barbara Brooks
RE/MAX PALM PCS
List Price
$355,000
Sold Price
$355,000
Views
3
Current Estimated Value
$269,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,594
Avg. Annual Appreciation
-8.36%

Purchase Details

Listed on
Jan 12, 2017
Closed on
Mar 8, 2017
Sold by
Federal National Mortgage Asset
Bought by
Strohl George F and Strohl Catherine G
Seller's Agent
Raymond Jeries
O'CONNOR REALTY
Buyer's Agent
Lawrence Swenson, LLC
List Price
$172,900
Sold Price
$173,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%

Purchase Details

Closed on
Dec 29, 2014
Sold by
Brook Kenneth R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 11, 2012
Sold by
Brook Kenneth and The Joanne Brook Estate
Bought by
Palacio Del Sol Condominium Association

Purchase Details

Closed on
Feb 28, 2006
Sold by
K & S Real Estate Holdings Inc
Bought by
Brook Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 30, 2003
Sold by
Reagan J Patrick and Reagan P J
Bought by
K & S Real Est Holdings Inc

Purchase Details

Closed on
Jun 22, 1998
Sold by
Kallal Marion S
Bought by
Reagan J Patrick and Reagan Sharon
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alexandrou Casmos $355,000 New Title Company Name
Strohl George F $173,000 First International Title
Federal National Mortgage Association -- None Available
Palacio Del Sol Condominium Association -- None Available
Brook Joanne $280,000 Executive Title Ins Svcs Inc
K & S Real Est Holdings Inc $159,000 --
Reagan J Patrick $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brook Joanne $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $355,000 0.0% $359 / Sq Ft
06/30/2022 06/30/22 For Sale $355,000 +105.2% $359 / Sq Ft
06/07/2017 06/07/17 Off Market $173,000 -- --
03/08/2017 03/08/17 Sold $173,000 +0.1% $175 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $172,900 -- $175 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,031 $277,134 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $2,265 $136,048 $0 $0
2016 $2,269 $133,528 $0 $0
2015 $2,266 $131,009 $0 $0
2014 $1,975 $113,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7462919

Stellar MLS

APN: 412212554018