NOT LISTED FOR SALE

7060 Palm Island Dr Englewood, FL 34224

Don Pedro Island Neighborhood

Estimated Value: $1,654,985 - $2,461,000

4 Beds
4 Baths
2,966 Sq Ft
$679/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $1,572,000 $530 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $13,119/month

40 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Private Beach
  • Fitness Center
  • Water access To Gulf or Ocean
  • Dock made with wood
  • Fishing

About This Home

As of January 2022

SERENITY NOW! Pelicans, sea turtles and dolphins abound as we share this enchanted oasis situated along the Gulf of Mexico. This delightful Key West style home is sure to amaze with 4 generous bedrooms, each with an ensuite bathroom, and 4 balconies where you can welcome the sunrise, or bask in panoramic views as glorious sunsets paint the horizon and refresh the soul. Nearly 3000 sf of air-conditioned living space offers you and your guests sweeping, uninterrupted views of the Gulf of Mexico. It is only a short ferry ride across the water to the captivating enclave of Palm Island Resort. Once you’re here you will leave your car (and your worries) in the lot and venture forth by foot, bicycle or golf cart. Tranquility surrounds as you explore seven miles of unspoiled, uncrowded beaches right outside your door; Or you may choose to use some of the amenities of the Resort, be it a swim in the pool, yoga class on the beach, or a lesson from our resident Peter Burwash International tennis pro. And there’s no need to worry when you leave, Palm Island Resort provides security and monitoring of your property, offering peace of mind for full or part-time residents. The home sits on 0.59 acres of beautifully manicured old Florida flora. At 2966 sf under AC (4678 total sf) it is spacious yet comfortable, with an enclosed & secure garage area on the ground level, main living areas & 2 bedrooms/bathrooms on the 1st level, and 2 bedrooms/bathrooms & the library loft on the top floor. Peruse the photos and the videos and fall in love, then come see and be captivated. You won’t “egret” it.

Last Agent to Sell the Property

Marcia Cullinan

MICHAEL SAUNDERS & COMPANY License #3297906 Listed on: 10/14/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

John Ludden

MICHAEL SAUNDERS & COMPANY License #3429597

Last Buyer's Agent

Courtney Defilippis

PARADISE EXCLUSIVE INC License #3127856

PARADISE EXCLUSIVE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,734

Year Built

  • Built in 2003

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 80x325
  • 80 Feet of Waterfront
  • Property fronts gulf or ocean
  • The property's road front is unimproved
  • Dirt Road
  • Private Beach
  • Northeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Elevated Home
  • Planned Development
  • Wood Frame Certified By Forest Stewardship Council
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 2,966 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Full Gulf or Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway
  • Parking Garage Space
  • Open Parking
  • Golf Cart Garage

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • First Come-First Served Dock
  • Dock made with wood
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, common area taxes, community pool, manager, pool maintenance, private road, recreational facilities, security
  • $463 Other Monthly Fees
  • Vanessa Diaz Hemmerick Association, Phone Number (941) 697-4800
  • Visit Association Website
  • Built by Bayfront Builders
  • Island Harbor Beach Club Sec 01 Subdivision, Custom Floorplan
  • Island Harbor Beach Community
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,734

Year Built

Built in 2003

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Vinyl Siding, Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 2966
  • Lot Size Acres: 0.6
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 4678
  • Lot Size Sq Ft: 26000
  • Directions to Property: McCall Rd / SR 776 to Placida Road (SR 775). Turn onto Panama Blvd, board car ferry to Palm Island. Once on the island, continue straight on the main road into the Resort parking lot.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6121746?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6121746?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 1390
  • Property Description: Elevated
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.92525
  • Price per Sq Ft: 530.01
  • Close to Original List Price Ratio: 0.92525
  • Ratio: Current Price\Building Area Total: 336.04
  • View: Yes
  • Co List Office Mls Id: 274501109
  • Co List Office Phone: 941-639-0000
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Dormitorio Principal Arriba, Solid Surface Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7060
  • Room Count: 12
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, French Doors, Irrigation System, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Unimproved, Dirt, Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean
  • Water Extras: Dock - Slip 1st Come, Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Waterfront Frontage: 80
  • Water Frontage Feet Gulf Ocean: 80
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Rear, Golf Cart Garage, Golf Cart Parking, Tandem, Under Building, Workshop in Garage
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Gated Community, Golf Carts OK, Playground, Pool, Tennis Courts, Water Access, Waterfront
  • Association Fee: 1000
  • Association Fee Frequency: Quarterly
  • Association Name: Vanessa Diaz-Hemmerick
  • Phone: 941-697-4800
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Website: palmisland.com
  • Association Email: associationmanager@palmisland.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5390
  • Monthly HOA Fee: 333.33
  • Total Monthly Fees: 449.17

Lot Info

  • Zoning: PD
  • Parcel Number: 412020351002
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Lot Dimensions: 80x325
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05

Building Info

  • Builder Name: Bayfront Builders

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Property must be leased through Palm Island Resort.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Property must be leased through Palm Island Resort.

Tax Info

  • Tax Annual Amount: 22734
  • Tax Book Number: 10-13
  • Tax Lot: 43

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 5, 2022
Sold by
Bellows Timothy W and Bellows Anne B
Bought by
Harrigan David S and Harrigan Dixie D
Seller's Agent
Marcia Cullinan
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
List Price
$1,699,000
Sold Price
$1,572,000
Premium/Discount to List
-$127,000
-7.47%
Current Estimated Value
$2,012,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,746
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Jan 12, 1998
Sold by
Morris Stephen C
Bought by
Bellows Timothy W and Ellows Anne B
Source: Public Records

Range of Values:

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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
Harrigan David S $1,572,000 Wideikis Benedict & Berntsson
Bellows Timothy W $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellows Timothy W $398,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $1,572,000 -7.5% $530 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $1,699,000 -- $573 / 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 $25,878 $1,423,086 $569,242 $853,844
2022 $21,328 $1,160,410 $474,368 $686,042
2021 $22,859 $1,205,969 $466,956 $739,013
2020 $22,734 $1,191,245 $459,544 $731,701
2019 $22,699 $1,176,161 $455,097 $721,064
2018 $20,750 $1,116,682 $455,097 $661,585
2017 $21,666 $1,112,806 $455,097 $657,709
2016 $23,266 $1,145,821 $0 $0
2015 $22,239 $1,040,237 $0 $0
2014 -- $945,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcia Cullinan

    Seller's Agent in 2022

    Marcia Cullinan

    Michael Saunders

    (941) 662-5878

    3 in this area

    181 Total Sales

    Marcia Cullinan
    Section Image
  • John Ludden

    Seller Co-Listing Agent in 2022

    John Ludden

    Michael Saunders

    (941) 447-5678

    2 in this area

    83 Total Sales

    John Ludden
    Section Image
  • Courtney Defilippis

    Buyer's Agent in 2022

    Courtney Defilippis

    PARADISE EXCLUSIVE INC

    (941) 286-8208

    95 in this area

    151 Total Sales

    Courtney Defilippis
    Section Image
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Map

Source: Stellar MLS

MLS Number: D6121746

Stellar MLS

APN: 412020351002

Florida Charlotte County Englewood 33946 Don Pedro Island

7060 Palm Island Dr, Englewood, FL

This home is located at 7060 Palm Island Dr, Englewood, FL 34224 since 14 October 2021 and is currently estimated at $2,012,746, approximately $678 per square foot. This property was built in 2003. 7060 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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