NOT LISTED FOR SALE

7181 Rum Bay Dr Unit 4124C Placida, FL 33946

Don Pedro Island Neighborhood
2 Beds
2 Baths
1,262 Sq Ft
$923/mo HOA Fee

Last Sold May 16, 2022

Last sale price $75,000 $59 Per Sq Ft

7 Days on Market

Highlights

  • Water Access
  • Gated Community
  • Garden View
  • Fishing
  • Open Floorplan
  • End Unit

About This Home

As of May 2022

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. Each owner has a full warranty deed for a villa at the beach for a 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 large 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. This fractional ownership includes full ownership golf cart with new tires and batteries, bicycles, weather resistant storage bin, and a 1/4 of golf cart ownership.

Last Agent to Sell the Property

Lisa Halpin

PALM ISLAND PROPERTIES INC License #3515689 Listed on: 04/07/2022

Co-Listed By

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634

Last Buyer's Agent

Lisa Halpin

PALM ISLAND PROPERTIES INC License #3515689 Listed on: 04/07/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,295

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $923 Monthly HOA Fees

Property Views

  • Garden
  • Pool
  • Tennis Court

Home Design

  • Elevated Home
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 1,262 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Window Treatments
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • First Come-First Served Dock

Utilities

  • Central Air
  • Heating Available
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, electricity, insurance, internet, maintenance structure, ground maintenance, manager, pool maintenance, private road, security, trash, water
  • 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
  • Community Playground
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,295

Year Built

Built in 1989

Lot Details

0

HOA Fees

$923 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Electricity, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Security, Trash, Water
  • 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
  • Lot Size Sq Ft: 7713
  • Directions to Property: •I-75 South•Exit 191 From north•Turn right onto River Road• continue approximately 7 miles to the traffic light at Pine Street•Turn left on Pine Street and continue for 7 more miles to Panama Blvd. From South via- I-75, Exit 170 Kings Highway•Turn left (west) onto King’s Highway •Turn Right onto Veteran’s Boulevard•Veterans/ SR-776 •GPS Address: 2000 Panama Blvd. Cape Haze, Florida 33946 for boarding the Car Ferry •Once across the Intracoastal, exit the car ferry and continue straight to the end and enter Palm Island Resort parking lot approximately 1 mile
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6124735?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6124735?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, Elevated
  • Ratio: Close Price\List Price: 0.98039
  • Price per Sq Ft: 59.43
  • Close to Original List Price Ratio: 0.09804
  • View: Yes
  • Co List Office Mls Id: 50760
  • Co List Office Phone: 941-697-1445
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 7181
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • View: Garden, Pool, Tennis Court
  • Waterfront: No
  • Road Surface Type: Gravel
  • Water Extras: Dock - Slip 1st Come
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Additional Water Information: Access to 7 miles of sandy beach on the Gulf of Mexica and the back bay with community dock.

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Available
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Golf Carts OK, Playground, Pool, Tennis Courts, Water Access
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2770
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 923
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 11080
  • Total Monthly Fees: 923.33

Lot Info

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

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Block: A
  • Tax Lot: 4124C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2025
Sold by
Cansick Geraldine Ann and Dunlop Geri
Bought by
Buck Bay Holdings Llc

Purchase Details

Closed on
Jul 11, 2025
Sold by
Holt Lawrence and Chase Linda L
Bought by
Chase-Holt 2025 Revocable Trust and Holt

Purchase Details

Closed on
May 23, 2025
Sold by
Hagarty Timothy and Hagarty Nicki Brazier
Bought by
Cutter Rig Llc

Purchase Details

Closed on
Feb 13, 2025
Sold by
Hancock Michael C and Hancock Mary Catherine
Bought by
Brunworth Ryan

Purchase Details

Closed on
Jan 8, 2025
Sold by
Karr Jamey and Karr Pasqualina
Bought by
Cutter Rig Llc

Purchase Details

Closed on
Aug 27, 2024
Sold by
Grundtisch Paul and Grundtisch Annmarie
Bought by
Fortes Jeff and Rassenfoss Shelley

Purchase Details

Closed on
Aug 1, 2024
Sold by
Hubert John S and Hubert Barbara A
Bought by
Harvie Robert and Harvie Catherine

Purchase Details

Closed on
May 20, 2024
Sold by
Vernon Michael and Vernon Kathryn
Bought by
Shea Cheryl and Shea Brian

Purchase Details

Closed on
May 1, 2024
Sold by
Briggs Barney C and Briggs Lisa
Bought by
Maroney Daniel P and Maroney Sara B

Purchase Details

Closed on
Mar 1, 2024
Sold by
Club Villas I Property Owners Associatio
Bought by
Drover John and Drover Theresa

Purchase Details

Closed on
Jan 30, 2024
Sold by
Novelli Mark and Novelli Sherry
Bought by
Club Villas I Property Owners Association Inc

Purchase Details

Closed on
Sep 21, 2023
Sold by
Collett Robert and Collett Patricia
Bought by
Collett Robert F and Collett Kathleen A

Purchase Details

Closed on
Aug 21, 2023
Sold by
Jamie Miller Beckstead Revocable Trust
Bought by
Collett Robert and Obrien Patricia

Purchase Details

Closed on
Mar 23, 2023
Sold by
Island Harbor Beach Club Llc
Bought by
Jamie Miller Beckstead Revocable Trust

Purchase Details

Closed on
Sep 20, 2022
Sold by
Harrison Wayne D and Harrison Janet L
Bought by
Obrien Patricia G

Purchase Details

Closed on
Sep 1, 2022
Sold by
Walker Ronald C and Walker Ann L
Bought by
Hitchon David

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jul 8, 2022
Sold by
Mitchell Donna M
Bought by
Donna M Mitchell Revocable Trust
Seller's Agent
Lisa Halpin
PALM ISLAND PROPERTIES INC
Buyer's Agent
Lisa Halpin
PALM ISLAND PROPERTIES INC
List Price
$765,000
Sold Price
$75,000
Premium/Discount to List
-$690,000
-90.2%

Purchase Details

Listed on
Apr 7, 2022
Closed on
Apr 29, 2022
Sold by
Gray and Christen
Bought by
Brunworth Ryan T and Brunworth Kristina M
Seller's Agent
Lisa Halpin
PALM ISLAND PROPERTIES INC
Buyer's Agent
Lisa Halpin
PALM ISLAND PROPERTIES INC
List Price
$765,000
Sold Price
$75,000
Premium/Discount to List
-$690,000
-90.2%

Purchase Details

Closed on
Feb 25, 2022
Sold by
Koutroulakis Management Ltd
Bought by
Briggs Barney C and Briggs Lisa

Purchase Details

Closed on
Feb 24, 2022
Sold by
Tellini and Ann
Bought by
Grundtisch Paul and Grundtisch Annmarie

Purchase Details

Closed on
Jan 14, 2022
Sold by
Hanley Wood Trust
Bought by
Vernon Michael and Vernon Kathryn

Purchase Details

Closed on
Nov 19, 2021
Sold by
Morrison Patricia T
Bought by
Summertimes Ranch Inc

Purchase Details

Closed on
Nov 12, 2021
Sold by
Jones Jessie
Bought by
Summertimes Ranch Inc

Purchase Details

Closed on
Oct 21, 2021
Sold by
Wilkin John D
Bought by
Karr Jamey and Karr Pasqualina

Purchase Details

Closed on
Feb 9, 2021
Sold by
Karr and Pasqualina
Bought by
Wilkin John Douglas

Purchase Details

Closed on
Dec 30, 2020
Sold by
Diblasio Joseph and Diblasio Kimberly
Bought by
Compton Kenneth and Compton Cathi

Purchase Details

Closed on
Dec 28, 2020
Sold by
Ohanian Sandra J and Ohanian Sandra J
Bought by
Karr Jamey and Karr Pasqualina

Purchase Details

Closed on
Dec 19, 2020
Sold by
Neary Elizabeth J and Bula Neary Revocable Trust
Bought by
Shannon Robert M and Shannon Lori S

Purchase Details

Closed on
Aug 12, 2020
Sold by
Mitchell Donna M and Sabacinski Diana
Bought by
Mitchell Donna M and Sabacinski Diana

Purchase Details

Closed on
Aug 7, 2020
Sold by
Hanley Darcy R and Wood Bryan K
Bought by
Hanley Wood Trust and Wood

Purchase Details

Closed on
Aug 5, 2020
Sold by
Novelli Mark A and Novelli Sherry J
Bought by
Collett Robert F and Collett Kathleen A

Purchase Details

Closed on
Jul 3, 2020
Sold by
Nitz Jack and Nitz Janis
Bought by
Carey Melissa

Purchase Details

Closed on
Mar 2, 2020
Sold by
Osborn Mary Jo
Bought by
Wilson Brian and Wilson Heather

Purchase Details

Closed on
Sep 6, 2019
Sold by
Vaughn Joseph and Vaughn Theresa
Bought by
Hanley Darey R and Wood Bryan K

Purchase Details

Closed on
Dec 5, 2017
Sold by
Josenhanss Hariklia and Josenhanss Harriet
Bought by
Johnson Kenneth Jf and Johnson Joanne

Purchase Details

Closed on
Sep 1, 2017
Bought by
Island Harbor Beach Club Ltd

Purchase Details

Closed on
Aug 1, 2017
Bought by
Island Harbor Beach Club Ltd

Purchase Details

Closed on
May 22, 2017
Sold by
Proudfoot Graham Edward and Proudfoot Linda
Bought by
Hagarty Timothy and Brazier Hagarty Nicki

Purchase Details

Closed on
Oct 28, 2016
Sold by
Carroll Daniel and Carroll Connie
Bought by
Holt Lawrence and Chase Linda L

Purchase Details

Closed on
Oct 21, 2016
Sold by
Piche Jeanne M and Jeanne M Piche Trust
Bought by
Island Harbor Beach Club Llc

Purchase Details

Closed on
Sep 16, 2016
Sold by
Peterson Larry C and Peterson Mary Jill
Bought by
Robinson Don and Robinson Monica

Purchase Details

Closed on
Jun 30, 2016
Sold by
Mill Robert W and Mill Bonny
Bought by
Bright Anthony and Bright Sharon

Purchase Details

Closed on
May 1, 2016
Bought by
Island Harbor Beach Club Ltd

Purchase Details

Closed on
Feb 29, 2016
Sold by
Gam Art Llc
Bought by
Hidden Cove Llc
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
Buck Bay Holdings Llc $15,000 None Listed On Document
Chase-Holt 2025 Revocable Trust $100 None Listed On Document
Cutter Rig Llc $17,500 None Listed On Document
Brunworth Ryan $15,000 None Listed On Document
Cutter Rig Llc $18,000 None Listed On Document
Fortes Jeff $40,000 None Listed On Document
Harvie Robert $41,500 None Listed On Document
Shea Cheryl $29,000 None Listed On Document
Maroney Daniel P $40,000 None Listed On Document
Drover John $39,000 None Listed On Document
Club Villas I Property Owners Association Inc $100 --
Collett Robert F $100 None Listed On Document
Collett Robert $100 None Listed On Document
Collett Robert $50,000 None Listed On Document
Jamie Miller Beckstead Revocable Trust $100 None Listed On Document
Obrien Patricia G $80,000 --
Hitchon David $75,000 --
Donna M Mitchell Revocable Trust -- None Listed On Document
Brunworth Ryan T $70,000 Wideikis Benedict & Berntsson
Briggs Barney C $70,000 Big W Law Firm
Grundtisch Paul $70,000 Benedict & Berntsson Llc
Vernon Michael $455 Hometown Title & Closing Servi
Summertimes Ranch Inc $65,000 Attorney
Summertimes Ranch Inc $60,000 Attorney
Karr Jamey -- Accommodation
Wilkin John Douglas $100 Benedict & Berntsson Llc
Compton Kenneth $21,500 Attorney
Karr Jamey $24,000 Attorney
Shannon Robert M $22,000 None Available
Mitchell Donna M $8,000 Attorney
Sabacinski Diana -- Attorney
Hanley Wood Trust $100 None Listed On Document
Collett Robert F $19,000 First International Ttl Inc
Carey Melissa $20,000 First International Ttl Inc
Wilson Brian $20,000 First International Ttl Inc
Hanley Darey R $18,500 Hometown Ttl & Closing Svcs
Johnson Kenneth Jf $18,000 First Intl Title Inc
Island Harbor Beach Club Ltd $100 --
Island Harbor Beach Club Ltd $20,000 --
Hagarty Timothy $17,500 First Internatonal Title Inc
Holt Lawrence $23,000 First International Tittle I
Island Harbor Beach Club Llc -- First International Title In
Robinson Don $17,500 First International Title In
Bright Anthony $17,000 First International Title In
Island Harbor Beach Club Ltd $12,000 --
Hidden Cove Llc $12,000 First Intl Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaughn Joseph $125,000
Previous Owner Infante Tony $30,000
Previous Owner Munsch Girard A $29,900
Closed Mill Jr William B $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $75,000 -2.0% $59 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/07/2022 04/07/22 Price Changed $76,500 -90.0% $61 / Sq Ft
04/07/2022 04/07/22 For Sale $765,000 -- $606 / 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
2024 $40,295 $2,753,003 -- $2,753,003
2023 $40,295 $2,499,000 $0 $2,499,000
2022 $37,568 $2,499,000 $0 $2,499,000
2021 $26,512 $867,000 $0 $867,000
2020 $24,969 $749,700 $0 $749,700
2019 $25,583 $775,200 $0 $775,200
2018 $24,598 $775,200 $0 $775,200
2017 $20,510 $673,200 $0 $0
2016 $28,337 $1,142,400 $0 $0
2015 $35,361 $1,499,910 $0 $0
2014 -- $1,525,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6124735

Stellar MLS

APN: 412020776001