NOT LISTED FOR SALE

7181 Rum Bay Dr Unit 4024B Placida, FL 33946

Don Pedro Island Neighborhood
2 Beds
2 Baths
1,262 Sq Ft
$1,393/mo HOA Fee

Last Sold April 15, 2024

Last sale price $50,000 $40 Per Sq Ft

5 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Open Floorplan
  • Property Fronts a Bay or Harbor
  • Active Adult
  • Main Floor Primary Bedroom

About This Home

As of April 2024

Fractional Ownership. Fractional Ownership. This condominium is a quarter-ownership villa located in an intimate and exclusive vacation community, with access to the full facilities, services and amenities of Palm Island Resort. 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. Enjoy 7 miles of natural Florida Beach! The villa features a wide-open living room and entertainment area leading directly to a full large screened porch. The main suite has access to the lanai too. The bath and dressing area features a large walk-in closet. Villa is completely redone since the storm; new roofs, new windows and sliding doors all impact in addition to new luxury laminate flooring throughout with new carpet in the bedrooms, new cabinets in kitchen, all new furniture in a beachy style so it will be like new for you. Full ownership of Golf Cart included Enjoy the sun, sand and the fun island life!

Last Agent to Sell the Property

Lisa Halpin

PALM ISLAND PROPERTIES INC Brokerage Phone: 941-697-1445 License #3515689 Listed on: 02/24/2024

Last Buyer's Agent

Lisa Halpin

PALM ISLAND PROPERTIES INC Brokerage Phone: 941-697-1445 License #3515689 Listed on: 02/24/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $1,393 Monthly HOA Fees

Home Design

  • Timeshare
  • Entry on the 2nd floor
  • Turnkey
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 1,262 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Full Bay or Harbor Views

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean To Bay
  • First Come-First Served Dock

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-Hour Guard, electricity, insurance, maintenance structure, ground maintenance, maintenance, management, pool, sewer
  • Holly Carr Association, Phone Number (941) 662-1304
  • Visit Association Website
  • Club Villas Palm Island Community
  • Club Villas 01 At Palm Island R Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Tennis Courts
  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,393 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Electricity, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pool, Sewer
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 1262
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1262
  • Lot Size Sq Ft: 7713
  • Directions to Property: I-75 South, Exit 191 From north, turn right onto River Road, continue approximately 7 miles make a left on Pine Street and continue for 7 more miles to Panama Blvd-- From South via- I-75, Exit 170 Kings Highway- Turn left then, turn Right onto Veteran’s Boulevard/ SR-776. Car ferry access at 2000 Panama Blvd. Cape Haze, Florida 33946. Once across the Intracoastal, exit the car ferry and continue 1 mile and enter Palm Island Resort parking area.
  • Status: Sold
  • Ownership: Fractional
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1050025
  • RATIO Current Price By Calculate: 39.62
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_DockYN: 1
  • Attribution Contact: 941-697-1445
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 7181
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 117.24
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • Water Body Name: KNIGHT BAY
  • Waterfront: Yes
  • Road Surface Type: Gravel
  • Water Access: Beach,Gulf/Ocean to Bay
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated Community - Guard, Golf Carts OK, Tennis Courts
  • Association Fee: 4179
  • Association Fee Frequency: Quarterly
  • Association Name: Holly Carr
  • Phone: 9416621304
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 40
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: associationmanager@palmisland.com
  • Association URL: palmisland.org

Fee Information

  • Total Annual Fees: 16716.00
  • Total Monthly Fees: 1393.00
  • Monthly HOA Amount: 1393.00

Lot Info

  • Zoning: PD
  • Parcel Number: 412020776001/4024B
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 717

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No

Tax Info

  • Tax Block: A
  • Tax Lot: 4224

Multi Family

  • Waterfront Features: Bay/Harbor

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
04/15/2024 04/15/24 Sold $50,000 -16.7% $40 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $60,000 -- $48 / 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: D6135220

Stellar MLS