NOT LISTED FOR SALE

Estimated Value: $762,749 - $1,031,000

2 Beds
2 Baths
1,408 Sq Ft
$630/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $459,000 $326 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,647/month

195 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Boat Slip Deeded
  • Public Beach
  • Dock Does Not Have A Water Supply
  • Deeded access to the beach
  • Open Floorplan

About This Home

As of September 2019

This is the perfect island beach house, charming and relaxing, with a deep water dock and west sunset views!! Two bedroom 2 bath open concept home located on a quiet, peaceful road on Don Pedro-Knight-Palm Island, a bridgeless, barrier island situated between Sarasota/Tampa to the north and Ft. Myers/Naples to the south. Accessible only via a private boat or 4 minute car passenger ferry ride. Perfect for the boater as the canal is just minutes from the Intracoastal Waterway with no bridges to the ICW and Gulf of Mexico. Your piece of island paradise awaits: you can fish for your dinner from the dock or beach, search for shells and shark's teeth while strolling the pristine white sand beaches, kayak, paddleboard and observe the various wildlife that calls the island home. Being sold furnished including golf cart. Buy your island cottage today!!!!

Last Agent to Sell the Property

Robin Madden

ISLANDER PROPERTIES INC License #3054042 Listed on: 01/12/2019

Co-Listed By

Michael Smith

ISLANDER PROPERTIES INC License #3012077

Last Buyer's Agent

Kevin Mackin

MICHAEL SAUNDERS & COMPANY License #683818

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,959

Year Built

  • Built in 1987

Lot Details

  • 9,250 Sq Ft Lot
  • Lot Dimensions are 78x125
  • 65 Feet of Waterfront
  • Property fronts a saltwater canal
  • The property's road front is unimproved
  • Public Beach
  • East Facing Home
  • Property is zoned BBI

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • Golf Cart Parking

Home Design

  • Stilt Home
  • Key West Architecture
  • Elevated Home
  • Wood Frame Construction
  • Metal Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 1,408 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Inside Utility
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Boat Slip Deeded
  • Dock Does Not Have A Water Supply
  • Dock made with wood
  • Deck
  • Wrap Around Porch
  • Screened Patio

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Palm Island Estates Community
  • Palm Island Estate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,959

Year Built

Built in 1987

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Key West
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 1408
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 2334
  • Lot Size Sq Ft: 9250
  • Directions to Property: From Placida Road to the car ferry landing on Panama Blvd. Listing office will arrange no cost ferry service. Contact your agent for arrangements.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6104561?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6104561?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Elevated, Stilt Home
  • Ratio: Close Price\List Price: 0.97868
  • Price per Sq Ft: 325.99
  • Close to Original List Price Ratio: 0.97868
  • Ratio: Current Price\Building Area Total: 196.66
  • View: Yes
  • Co List Office Mls Id: 256010017
  • Co List Office Phone: 941-697-2000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds
  • Street Number Modifier: 66
  • Room Count: 5
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch, Screened, Wrap Around
  • Road Surface Type: Unimproved
  • Water View: Canal
  • Water Access: Beach - Access Deeded, Beach - Public, Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric, Dock w/o Water Supply
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Waterfront Frontage: 65
  • Water Frontage Feet Canal Salt: 65
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Golf Cart Parking
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 40
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 40
  • Monthly HOA Fee: 3.33
  • Total Monthly Fees: 3.33

Schools

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

Lot Info

  • Zoning: BBI
  • Parcel Number: 412028351001
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County
  • Lot Dimensions: 78x125
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 6959
  • Tax Block: J
  • Tax Lot: 54

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Sep 30, 2019
Sold by
Dingman Darrin D and Watkins Rebecca Jane
Bought by
Nistico Robert and Nistico Cynthia
Seller's Agent
Robin Madden
ISLANDER PROPERTIES INC
Buyer's Agent
Kevin Mackin
MICHAEL SAUNDERS & COMPANY
List Price
$469,000
Sold Price
$459,000
Premium/Discount to List
-$10,000
-2.13%
Current Estimated Value
$886,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,437
Avg. Annual Appreciation
11.49%
Original Mortgage
$367,200
Outstanding Balance
$321,686
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$564,751

Purchase Details

Listed on
Nov 22, 2010
Closed on
Jul 26, 2012
Sold by
Wilde Mark H
Bought by
Dingman Darrin D and Watkins Rebecca Jane
Seller's Agent
Kevin Mackin
MICHAEL SAUNDERS & COMPANY
List Price
$357,500
Sold Price
$357,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$321,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Mhw Investments Of Sarasota Llc
Bought by
Wilde Mark H

Purchase Details

Closed on
Feb 4, 2005
Sold by
Graham Mark and Graham Susan
Bought by
Mhw Investments Of Sarasota Llc

Purchase Details

Closed on
Jul 24, 2003
Sold by
Carter Thomas G and Lowman Katherine
Bought by
Graham Mark and Graham Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 1999
Sold by
Ried Frederick E
Bought by
Carter Thomas G and Lowman Katherine
Source: Public Records

Range of Values:

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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
Nistico Robert $459,000 Msc Title Inc
Dingman Darrin D $357,500 Attorney
Wilde Mark H -- --
Mhw Investments Of Sarasota Llc $590,000 --
Graham Mark $370,000 --
Carter Thomas G $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nistico Robert $367,200
Previous Owner Dingman Darrin D $321,000
Previous Owner Graham Mark $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2019 09/30/19 Sold $459,000 -2.1% $326 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $469,000 +31.2% $333 / Sq Ft
07/26/2012 07/26/12 Sold $357,500 0.0% $254 / Sq Ft View Prior Sale
06/17/2012 06/17/12 Pending -- -- --
11/22/2010 11/22/10 For Sale $357,500 -- $254 / 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 $11,282 $681,877 $226,440 $455,437
2022 $10,083 $589,632 $188,071 $401,561
2021 $8,673 $405,245 $120,768 $284,477
2020 $8,614 $400,349 $119,510 $280,839
2019 $7,856 $362,518 $113,220 $249,298
2018 $6,959 $325,364 $100,640 $224,724
2017 $6,998 $336,204 $100,640 $235,564
2016 $6,930 $325,298 $0 $0
2015 $7,067 $320,221 $0 $0
2014 $6,337 $291,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6104561

Stellar MLS

APN: 412028351001