NOT LISTED FOR SALE

7000 Palm Island Dr Unit 49 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $720,000 - $1,852,000

3 Beds
3 Baths
2,100 Sq Ft
$617/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $850,000 $405 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,355/month

212 Days on Market

Highlights

  • Waterfront Community
  • Water access To Gulf or Ocean
  • Fitness Center
  • Beach View
  • Private Beach
  • Heated Spa

About This Home

As of December 2019

Owning a home in Palm Island Resort is a dream come true. This 3 bedroom, 3 bath house has stunning 180-degree views of the Gulf of Mexico and porches and decks to enjoy those views along with the wonderful year-round Florida weather. This home is large enough for entertaining and hosting family and friends. Features include ceramic tile, gourmet kitchen, spacious living and dining area, and much more. Located in the Palm Island North enclave where privacy is utmost, you have access to all of the Resort amenities and luxuries. With two restaurants, internet café, fitness facilities, nature programs, recreational equipment rentals and more, you will find anything and everything you desire right here on Palm Island. Call today before this unique opportunity slips away.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 04/12/2019

Last Buyer's Agent

Patricia O'neill-scheidt Pa

SELLSTATE 5 STAR REALTY License #3020016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,259

Year Built

  • Built in 1988

Lot Details

  • 0.6 Acre Lot
  • Private Beach
  • East Facing Home
  • Property is zoned PD

HOA Fees

  • $308 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Stilt Home
  • Elevated Home
  • Bi-Level Home
  • Wood Frame Construction
  • Metal Roof
  • Pile Dwellings

Interior Spaces

  • 2,100 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • First Come-First Served Dock
  • Balcony
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, security, trash
  • $417 Other Monthly Fees
  • Rick Brunette Association
  • Island Harbor Beach Community
  • Island Harbor Beach Club Sec 01 Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,259

Year Built

Built in 1988

Lot Details

0

HOA Fees

$308 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2100
  • Lot Size Acres: 0.6
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2100
  • Lot Size Sq Ft: 26000
  • Directions to Property: South on SR 776 to Placida Road, right onto Placida Road (SR 775) right on Panama Blvd to car ferry.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6106462&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6106462&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Other Fees Amount: 1250
  • Property Description: Elevated, Stilt Home
  • Ratio: Close Price\List Price: 0.8612
  • Price per Sq Ft: 404.76
  • Close to Original List Price Ratio: 0.8612
  • Ratio: Current Price\Building Area Total: 404.76
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 7000
  • Room Count: 8
  • Additional Rooms: Bonus Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Playground, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Fitness Center, Gated, Playground, Pool, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 925
  • Association Fee Frequency: Quarterly
  • Association Name: Rick Brunette
  • Association: Yes
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Email: associationmanager@palmisland.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 4950
  • Monthly HOA Fee: 308.33
  • Total Monthly Fees: 412.5

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412019426021
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Must be rented through Palm Island Resort.

Tax Info

  • Tax Annual Amount: 15259
  • Tax Book Number: 10-13
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Dec 9, 2019
Sold by
Berrettini Sondra G
Bought by
Hanke Benjamin O and Hanke Nicole L
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Patricia O'neill-scheidt Pa
SELLSTATE 5 STAR REALTY
List Price
$987,000
Sold Price
$850,000
Premium/Discount to List
-$137,000
-13.88%
Current Estimated Value
$1,304,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,849
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Apr 12, 2019
Closed on
Dec 6, 2019
Sold by
Berrettini Morando
Bought by
Berrettini Sondra G
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Patricia O'neill-scheidt Pa
SELLSTATE 5 STAR REALTY
List Price
$987,000
Sold Price
$850,000
Premium/Discount to List
-$137,000
-13.88%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Reimelt Stephen and Reimelt Violetta
Bought by
Berrettini Sondra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.72%

Purchase Details

Closed on
May 6, 1994
Sold by
Reimelt Dietrich
Bought by
Reimelt Stepha and Reimelt Violetta
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
Hanke Benjamin O $850,000 First International Ttl Inc
Berrettini Sondra G -- First Intl Ttl Eustis Branch
Berrettini Sondra G $450,000 --
Reimelt Stepha $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berrettini Sondra G $333,700
Previous Owner Berrettini Sondra G $200,000
Previous Owner Reimelt Stepha $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $850,000 -13.9% $405 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $987,000 -- $470 / 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 $10,819 $585,550 $569,242 $16,308
2022 $15,837 $882,704 $474,368 $408,336
2021 $17,913 $929,298 $466,956 $462,342
2020 $17,733 $913,320 $459,544 $453,776
2019 $16,185 $858,245 $0 $0
2018 $15,259 $842,242 $455,097 $387,145
2017 $16,093 $838,157 $455,097 $383,060
2016 $16,317 $713,717 $0 $0
2015 $15,776 $648,834 $0 $0
2014 $13,408 $589,849 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6106462

Stellar MLS

APN: 412019426021