NOT LISTED FOR SALE

7181 Rum Bay Dr Unit 4024 -A Englewood, FL 34224

Don Pedro Island Neighborhood
2 Beds
2 Baths
1,250 Sq Ft
$793/mo HOA Fee

Last Sold November 19, 2021

Last sale price $65,000 $52 Per Sq Ft

35 Days on Market

Highlights

  • Waterfront Community
  • Fitness Center
  • Fishing
  • Water Access
  • Heated Pool
  • Gated Community

About This Home

As of November 2021

Fractional Ownership. Fractional Ownership Opportunity! This condominium is a quarter-ownership villa. With quarter ownership, an owner owns 6 two week periods spread throughout the year plus a single week in January. Each year the ownership period adjusts so that over a four year period each owner has access to all 52 weeks. The maintenance of the property is done through an on-site management company. Quarter ownership provides each owner a full warranty deed for a villa at the beach which can then be used for a quarter of the year at the fourth of the price. Located in an intimate and exclusive vacation community, with access to the full facilities, services and amenities of Palm Island Resort. The villa features a wide-open living room and entertainment area leading directly to a full screened porch. The master suite has its own access to the porch. The bath and dressing area features a large walk-in closet. Learn more about this innovative method of owning real estate. Call today to own a beach condominium and start having memorable vacation experiences, carefree of maintenance and housekeeping.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 08/28/2021

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 08/28/2021

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • East Facing Home
  • Condo Land Included

HOA Fees

  • $793 Monthly HOA Fees

Home Design

  • Timeshare
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

  • Water Access

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • Private Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, electricity, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Vanessa Diaz Hemmerick Association, Phone Number (941) 697-4800
  • Club Villas Palm Island Community
  • Club Villas 01 At Palm Island R Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$793 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1250
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1989
  • Lot Size Sq Ft: 7713
  • Directions to Property: South on SR 776, right on Placida Road SR 775, right onto Panama Blvd to car ferry to island.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6120868?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6120868?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 52
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fractional
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Stories: 1
  • Street Number Modifier: 7181
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated
  • Exterior Features: Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Other
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0189F

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Private Sewer
  • Water Source: Public
  • Public Remarks Required: Fractional Ownership.
  • 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 Amenities: Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Tennis Court(s), Vehicle Restrictions
  • Association Name: Vanessa Diaz -Hemmerick
  • Phone: 941-697-4800
  • Association: No
  • Senior Community: No
  • Condo Fees: 793
  • Condo Fees Term: Monthly
  • Association Email: associationmanager@palmisland.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 793

Fee Information

  • Total Annual Fees: 9516
  • Total Monthly Fees: 793

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412020776001-4024 A
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Block: A
  • Tax Lot: 4024

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
11/19/2021 11/19/21 Sold $65,000 0.0% $52 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $65,000 -- $52 / Sq Ft
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: D6120868

Stellar MLS