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
7,841 Sq Ft Lot

Sale Details

Date 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

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

Year Built

Built in 1989

Lot Details

7,841 Sq Ft Lot

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
  • 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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2026
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2026
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 2026
Sold by
Bought by

Purchase Details

Closed on
Feb 17, 2026
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 2026
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2025
Sold by
Bought by

Purchase Details

Closed on
Jul 11, 2025
Sold by
Bought by

Purchase Details

Closed on
May 23, 2025
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2025
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2025
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2025
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 2024
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2024
Sold by
Bought by

Purchase Details

Closed on
May 20, 2024
Sold by
Bought by

Purchase Details

Closed on
May 1, 2024
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2024
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2024
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 2023
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 2023
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 2023
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2022
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2022
Sold by
Bought by

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jul 8, 2022
Sold by
Bought by
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
Bought by
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 14, 2022
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Feb 24, 2022
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 2022
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 9, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 3, 2020
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 6, 2019
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2017
Bought by

Purchase Details

Closed on
Aug 1, 2017
Bought by

Purchase Details

Closed on
May 22, 2017
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2016
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$22,000 None Listed On Document
$20,000 None Listed On Document
-- None Listed On Document
$19,800 None Listed On Document
$12,500 None Listed On Document
$15,000 None Listed On Document
$100 None Listed On Document
$17,500 None Listed On Document
$15,900 None Listed On Document
$15,900 None Listed On Document
$15,000 None Listed On Document
$18,000 None Listed On Document
$40,000 None Listed On Document
$41,500 None Listed On Document
$29,000 None Listed On Document
$40,000 None Listed On Document
$39,000 None Listed On Document
$100 --
$48,000 None Listed On Document
$100 None Listed On Document
$100 None Listed On Document
$50,000 None Listed On Document
$100 None Listed On Document
$80,000 --
$75,000 --
-- None Listed On Document
$70,000 Wideikis Benedict & Berntsson
$70,000 Wideikis Benedict & Berntsson
$70,000 Big W Law Firm
$70,000 Benedict & Berntsson Llc
$455 Hometown Title & Closing Servi
$65,000 Attorney
$60,000 Attorney
-- Accommodation
$100 Benedict & Berntsson Llc
$21,500 Attorney
$24,000 Attorney
$22,000 None Available
-- Attorney
$8,000 Attorney
$100 None Listed On Document
$19,000 First International Ttl Inc
$20,000 First International Ttl Inc
$20,000 First International Ttl Inc
$18,500 Hometown Ttl & Closing Svcs
$18,000 First International Title
$100 --
$20,000 --
$17,500 First Internatonal Title Inc
$23,000 First International Tittle I
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $42,542 $1,600,615 $1,600,615
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: D6124735

Stellar MLS

APN: 412020776001

Your Personal Tour Guide

Ask me questions while you tour the home.