NOT LISTED FOR SALE

7257 Rum Bay Dr Unit 5113 Cape Haze, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $279,000 - $489,000

2 Beds
2 Baths
1,276 Sq Ft
$1,433/mo HOA Fee

Last Sold March 31, 2020

Last sale price $230,000 $180 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,747/month

32 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Fitness Center
  • Gated Community
  • Private Beach
  • Heated In Ground Pool
  • Florida Architecture

About This Home

As of March 2020

This beautifully decorated condominium is a dream vacation retreat. Located close to boat slips, makes it ideal for boaters. With upgraded fixtures and finishes, it is turnkey ready. Just bring some sunscreen and you’re ready to hit the beach. And what a beach it is: 2 miles of private sugar sand on the warm and beautiful Gulf of Mexico. Palm Island Resort is luxury at its finest, with amenities that include bell and concierge service, Rum Bay Restaurant and Coconuts Café, full-time tennis pro and pro shop, fitness instructor and massage therapist, and much more. Call today before this amazing ownership opportunity slips away.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 01/24/2020

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 01/24/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 2002

Lot Details

  • Private Beach
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $1,433 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Key West Architecture
  • Elevated Home
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 1,276 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fiberglass Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • First Come-First Served Dock
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pool maintenance, trash
  • Palm Island Bay Villas Community
  • Palm Island Bay Villas Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions
  • Rental Restrictions

Recreation

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

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,940

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,433 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated, Florida, Key West
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1276
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 2002
  • Lot Size Sq Ft: 1286
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6110660?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6110660?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Other Fees Amount: 1200
  • Ratio: Close Price\List Price: 0.88803
  • Price per Sq Ft: 180.25
  • Close to Original List Price Ratio: 0.88803
  • View: No
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Stories: 2
  • Window Features: Blinds
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Fiberglass, Gunite, Heated, In Ground
  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Water Access: Beach - Private, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Playground, Pool, Tennis Courts, Water Access
  • Association Amenities: Fitness Center, Gated, Playground, Pool, Tennis Court(s), Vehicle Restrictions
  • Association: No
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 4000
  • Condo Fees Term: Quarterly
  • Other Fees Term: Annual
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1333
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 17200
  • Total Monthly Fees: 1433.33

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412020777006
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: The property must be rented through Palm Island Resort.

Tax Info

  • Tax Annual Amount: 3940
  • Tax Book Number: 1955-1810
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 31, 2020
Sold by
L & S 89 Llc
Bought by
Ehr Susan Jenny
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
List Price
$259,000
Sold Price
$230,000
Premium/Discount to List
-$29,000
-11.2%
Current Estimated Value
$348,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,994
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Jan 22, 2016
Sold by
Caswell Lois G
Bought by
L & S 89 Llc

Purchase Details

Closed on
Mar 12, 2002
Sold by
Bay Villas Dev L L C
Bought by
Caswell Orville A and Caswell Lois G
Source: Public Records

Range of Values:

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Sold Price
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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
Ehr Susan Jenny $230,000 First International Ttl Inc
L & S 89 Llc $188,000 First Intl Title Inc
Caswell Orville A $326,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $230,000 -11.2% $180 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $259,000 -- $203 / 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 $5,740 $236,226 $0 $0
2022 $5,017 $302,603 $0 $302,603
2021 $4,225 $195,228 $0 $195,228
2020 $3,935 $177,874 $0 $177,874
2019 $4,034 $169,198 $0 $169,198
2018 $3,940 $171,367 $0 $171,367
2017 $4,015 $186,551 $0 $0
2016 $5,005 $232,647 $0 $0
2015 $4,563 $211,497 $0 $0
2014 $3,443 $195,802 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Penny Hazen

    Seller's Agent in 2020

    Penny Hazen

    PALM ISLAND PROPERTIES INC

    (941) 628-1698

    43 in this area

    52 Total Sales

    Penny Hazen
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Map

Source: Stellar MLS

MLS Number: D6110660

Stellar MLS

APN: 412020777006

Florida Charlotte County Cape Haze 33946 Don Pedro Island

7257 Rum Bay Dr Unit 5113, Cape Haze, FL

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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