NOT LISTED FOR SALE

7040 Palm Island Dr Englewood, FL 34224

Don Pedro Island Neighborhood

Estimated Value: $1,014,000 - $1,787,000

4 Beds
4 Baths
2,137 Sq Ft
$642/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $897,000 $420 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,998/month

881 Days on Market

Highlights

  • 80 Feet of Ocean or Gulf Waterfront
  • Beach View
  • Private Beach
  • Boat Dock
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of February 2020

Breathtaking views of the intricate waterways of Stump Pass and the Gulf of Mexico in this 4 bedroom/4 bath island home. Immediately relax as you enter this comfortable beach house with a wall of sliding glass doors which offer unbelievable views, stunning wood floors which were recently refinished, a wood burning fireplace and a complete kitchen remodel in 2017 with granite counters, wood cabinets and stainless appliances. Enjoy the cozy hammock on the open and expansive deck while you listen to the waves crash ashore and the sea breeze turns the page of your newly started novel. The master bedroom offers a private balcony overlooking miles of quiet beaches. New roof and driveway in 2015, whole house replumbed and mosquito nix system all help provide peace of mind. Palm Island resort, a golf cart community, offers community pools, tennis, pro shop, docks, security, Rum Bay Restaurant, Coconuts Rentals, internet cafe and so much more.

Last Agent to Sell the Property

Courtney Defilippis

PARADISE EXCLUSIVE INC License #3127856 Listed on: 08/23/2017

PARADISE EXCLUSIVE INC

Last Buyer's Agent

Courtney Defilippis

PARADISE EXCLUSIVE INC License #3127856 Listed on: 08/23/2017

PARADISE EXCLUSIVE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,467

Year Built

  • Built in 1988

Lot Details

  • 0.6 Acre Lot
  • 80 Feet of Ocean or Gulf Waterfront
  • Private Beach
  • Public Beach
  • Near Conservation Area
  • East Facing Home
  • Mature Landscaping
  • Private Lot
  • Level Lot
  • Property is zoned PD

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Key West Architecture
  • Elevated Home
  • Bi-Level Home
  • Wood Frame Construction
  • Metal Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 2,137 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Subterranean Parking
  • Workshop in Garage
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outside Bathroom Access

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • First Come-First Served Dock
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Island Harbor Beach Community
  • Island Harbor Beach Club Sec 01 Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions, vehicle restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,467

Year Built

Built in 1988

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Key West
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 2137
  • Lot Size Acres: 0.6
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 3478
  • Lot Size Sq Ft: 26000
  • Directions to Property: From the intersection of 776 and Placida Rd. go south on Placida Rd to Panama Blvd to car ferry. Agent can assist with island access.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1037924
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 419.75
  • Total Acreage: 1/2 Acre to 1 Acre
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Elevated
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 7040
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Double Master Bedroom,Formal Dining Room Separate,Great Room,Inside Utility
  • Room Count: 11

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Gunite, Heated, In Ground, Outside Bath Access
  • Exterior Features: Sliding Doors, Balcony, Lighting, Storage
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Private,Beach - Public,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Slip 1st Come,Dock - Wood
  • Water Extras YN: 1
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 80
  • Flood Zone Date: 2003-05-05
  • Flood Zone Panel: 12015C0189F
  • Water Frontage Feet Gulf Ocean: 80

Garage/Parking

  • Parking Features: Covered, Golf Cart Garage, Golf Cart Parking, Underground, Workshop in Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness Center, Gated, Park, Playground, Pool, Special Community Restrictions, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Dock, Fitness Center, Gated, Maintenance, Optional Additional Fees, Park, Playground, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 900
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: Please confirm pet restrictions
  • Association Fee Requirement: Required
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 3600.00
  • Total Monthly Fees: 300.00
  • Monthly HOA Amount: 300.00

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412020305004
  • Additional Parcels: No
  • Lot Features: Conservation Area, FloodZone, In County, Level, Private
  • Flood Zone Code: VE
  • Homestead YN: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Leasing through Palm Island Resort

Tax Info

  • Tax Annual Amount: 15467
  • Tax Book Number: 10-13
  • Tax Lot: 45

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Feb 27, 2020
Sold by
Bricker Carolyn W and Bricklemyer Carolyn W
Bought by
Ngcw Real Estate Holdings Llc
Seller's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
Buyer's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
List Price
$1,125,000
Sold Price
$897,000
Premium/Discount to List
-$228,000
-20.27%
Current Estimated Value
$1,371,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,210
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Dec 15, 2008
Sold by
Bricklemyer Carolyn Williams and Bricklemyer Carolyn W
Bought by
Revocabl Bricklemyer Carolyn W and Revocabl Carolyn W Bricklemyer

Purchase Details

Closed on
May 15, 1997
Sold by
Burger Helen F
Bought by
Bruger Helen F
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
Ngcw Real Estate Holdings Llc $897,000 Old Republic Natl Ttl Ins Co
Revocabl Bricklemyer Carolyn W -- Attorney
Bricklemyer Carolyn Williams $82,700 Attorney
Bruger Helen F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Off Market $897,000 -- --
02/28/2020 02/28/20 Sold $897,000 -5.6% $420 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
08/14/2019 08/14/19 Price Changed $950,000 -4.5% $445 / Sq Ft
04/20/2019 04/20/19 Price Changed $995,000 -9.1% $466 / Sq Ft
05/24/2018 05/24/18 Price Changed $1,095,000 -2.7% $512 / Sq Ft
08/23/2017 08/23/17 For Sale $1,125,000 -- $526 / 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 $17,486 $937,890 $0 $0
2022 $15,472 $852,627 $474,368 $378,259
2021 $16,917 $904,039 $466,956 $437,083
2020 $16,716 $887,011 $459,544 $427,467
2019 $16,805 $882,104 $455,097 $427,007
2018 $15,468 $844,648 $455,097 $389,551
2017 $16,314 $840,535 $455,097 $385,438
2016 $16,405 $719,794 $0 $0
2015 $15,817 $653,071 $0 $0
2014 -- $593,701 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Courtney Defilippis

    Seller's Agent in 2020

    Courtney Defilippis

    PARADISE EXCLUSIVE INC

    (941) 286-8208

    95 in this area

    151 Total Sales

    Courtney Defilippis
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Map

Source: Stellar MLS

MLS Number: D5919964

Stellar MLS

APN: 412020305004

Florida Charlotte County Englewood 33946 Don Pedro Island

7040 Palm Island Dr, Englewood, FL

This home is located at 7040 Palm Island Dr, Englewood, FL 34224 since 23 August 2017 and is currently estimated at $1,371,210, approximately $641 per square foot. This property was built in 1988. 7040 Palm Island Dr is a home located in Charlotte County with nearby schools including Vineland Elementary School, L.A. Ainger Middle School, and Lemon Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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