NOT LISTED FOR SALE
0.81 Acres
-- Price per Acre
35,284 Sq Ft Lot

Last Sold April 14, 2023

Last sale price $560,000

70 Days on Market

Highlights

  • 120 Feet of Lagoon Waterfront
  • Beach Access
  • Fishing
  • Community Boat Slip
  • Fitness Center
  • Full Gulf or Ocean Views

About This Lot

As of April 2023

Absolutely stunning views from this lot on the Gulf of Mexico. Watch the amazing sunsets of indesribable beauty over the blue water. This large, over 3/4 of an acre, lot would be hard to find anywhere else. Build your dream home on a tropical island accessible only by car ferry. Located in an "extra" private area of Palm Island Resort, yes it's a gated community within a gated community! A convenient community dock just a few lots away, easy walk to the beach, and access to all the fun resort activities. This lot is directly across from the association private pool and tennis courts shared by less than 12 owners. If you want to spend time at your new home in paradise, this is the perfect spot for it!

Last Agent to Sell the Property

Lisa Halpin

PALM ISLAND PROPERTIES INC License #3515689 Listed on: 01/09/2023

Last Buyer's Agent

Lisa Halpin

PALM ISLAND PROPERTIES INC License #3515689 Listed on: 01/09/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,920

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 120x233
  • 120 Feet of Lagoon Waterfront
  • Northwest Facing Home
  • Property is zoned BBI

HOA Fees

  • $599 Monthly HOA Fees

Property Views

  • Full Gulf or Ocean Views

Utilities

  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 412019277004

Community Details

Overview

  • Association fees include pool, trash
  • Bob Duncan Association, Phone Number (941) 828-1683
  • Visit Association Website
  • Rum Cove Estates Community
  • Rum Cove Estates Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Boat Slip
  • Fitness Center
  • Fishing
  • Beach Access
  • Water access To Gulf or Ocean To Bay
  • First Come-First Served Dock

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,920

Lot Details

0.81 Acres

HOA Fees

$599 per month

Listing Details

  • HOA Fee Includes: Pool, Trash
  • Property Type: Land
  • Lot Size Acres: 0.81
  • Lot Size Sq Ft: 35105
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 15.95
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: Northwest
  • Waterfront: Yes
  • Road Surface Type: Gravel
  • Disclosures: Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean to Bay
  • Water Extras: Dock - Slip 1st Come
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 120
  • Flood Zone Panel: 12015C0189F
  • Water Frontage Feet Lagoon: 120

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness Center
  • Association Amenities: Boat Slip, Fitness Center, Gated
  • Association Fee: 1796
  • Association Fee Frequency: Quarterly
  • Association Name: Bob Duncan
  • Phone: 9418281683
  • Association: Yes
  • Security: Gated Community
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association Email: assocationmanager@palmisland.com
  • Association URL: palmisland.org

Fee Information

  • Total Annual Fees: 7184.00
  • Total Monthly Fees: 598.67
  • Monthly HOA Amount: 598.67

Lot Info

  • Zoning: BBI
  • Parcel Number: 412019277004
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Dimensions: 120x233
  • Flood Zone Code: VE

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 6920
  • Tax Book Number: 1-11
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Lagoon
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $560,000 -5.9% --
03/21/2023 03/21/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $595,000 0.0% --
02/02/2023 02/02/23 For Sale $595,000 +3.5% --
01/11/2023 01/11/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $575,000 -- --
Source: Stellar MLS

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6128547

Stellar MLS
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