NOT LISTED FOR SALE
0.56 Acre
-- Price per Acre
24,394 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $425,000

334 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Fitness Center
  • Gated Community
  • Private Beach
  • Full Gulf or Ocean Views
  • 0.56 Acre Lot

About This Lot

As of June 2021

Now is the time to build your dream home on one of the most beautiful, exclusive properties on the West Coast of Florida. This lot is located in the pristine Rum Cove Estates, within Palm Island Resort. Barrier island living is all about relaxation and time spent on an empty, pure sand beach. Palm Island Resort includes luxury amenities such as two miles of private beach, concierge and bell services, community pool and tennis court, nature tours, on-site Tennis Pro, Rum Bay Restaurant, and so much more. On this homesite you can create exactly the home you want, no compromises, no settling for less than what you've always dreamed of. You deserve this. Why wait? Call today before this spectacular property is off the market.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 05/21/2020

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 05/21/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,243

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 120x243
  • The property's road front is unimproved
  • Property fronts a private road
  • Private Beach
  • East Facing Home
  • Property is zoned BBI

HOA Fees

  • $483 Monthly HOA Fees

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Additional Features

  • Full Gulf or Ocean Views
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 412019277005

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, fidelity bond, manager, pool maintenance, private road, recreational facilities, security, trash
  • Vanessa Diaz Hemmerick Association
  • Rum Cove Estates Community
  • Rum Cove Estates Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • First Come-First Served Dock

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,243

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Land
  • Lot Size Acres: 0.56
  • Lot Size Sq Ft: 24544
  • Directions to Property: South on Placida Road, turn left on Panama Blvd to car ferry landing.
  • Status: Sold
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 0.94444
  • Price per Sq Ft: 17.32
  • Close to Original List Price Ratio: 1.0625
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 6060

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Road Surface Type: Unimproved
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come
  • Water View Y N: Yes
  • Front Footage: 120
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Pool, Tennis Courts, Water Access
  • Association Amenities: Fitness Center, Gated, Pool, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 483
  • Association Fee Frequency: Monthly
  • Association Name: Vanessa Diaz-Hemmerick
  • Association: Yes
  • Security: Gated Community
  • Association Email: associationmanager@palmisland.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 5796
  • Monthly HOA Fee: 483
  • Total Monthly Fees: 483

Schools

  • Elementary School: Vineland Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: BBI
  • Parcel Number: 412019277005
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 120x243
  • Price Per Acre: 758929
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • Current Adjacent Use: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 5243.17
  • Tax Book Number: 1-11
  • Tax Lot: 5

Range of Values:

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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 Change Sq Ft Price
06/25/2021 06/25/21 Sold $425,000 -5.6% --
04/20/2021 04/20/21 Pending -- -- --
01/29/2021 01/29/21 Price Changed $450,000 +12.5% --
05/21/2020 05/21/20 For Sale $400,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6112257

Stellar MLS