NOT LISTED FOR SALE

7288 Palm Island Dr Unit LEC 15 Englewood, FL 34224

Don Pedro Island Neighborhood

Estimated Value: $645,000 - $1,040,000

3 Beds
3 Baths
1,634 Sq Ft
$551/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $625,000 $382 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,746/month

11 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Private Beach
  • Heated In Ground Pool
  • Water access To Gulf or Ocean
  • Fitness Center
  • Full Gulf or Ocean Views

About This Home

As of September 2020

Imagine waking up on to the sounds of waves gently lapping the shore and the distant call of seabirds. Relax with your coffee and enjoy the sweeping ocean views from the upper deck of this 3 bedroom, 3 bath townhome located on Palm Island Resort. This home has been updated with granite countertops, impact windows and doors, and vinyl plank flooring. And just in case of inclement weather, new hurricane shutters were installed in 2019. Palm Island Resort is a tropical paradise offering Rum Bay Restaurant, fitness facilities, tennis with Pro and so much more. Come see for yourself what living in paradise is all about and call Palm Island, Home.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 05/18/2020

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 05/18/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,065

Year Built

  • Built in 1985

Lot Details

  • 7,999 Sq Ft Lot
  • 160 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $317 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,634 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Loft
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

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

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • First Come-First Served Dock
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, insurance, ground maintenance, manager, pool maintenance, private road, security, trash
  • $417 Other Monthly Fees
  • Vanessa Diaz Hemmerick Association
  • Island Harbor Beach Community
  • Island Harbor Beach Club Sec 01 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
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,065

Year Built

Built in 1985

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Security, Trash
  • Property Type: Residential
  • Property Sub Type: 1/2 Duplex
  • Architectural Style: Elevated, Florida, Key West
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1634
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 7999
  • Directions to Property: Go south on Placida Road, then right on Panama Blvd to the car ferry landing.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6112209?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6112209?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 1250
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 382.5
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Shades
  • Street Number Modifier: 7288
  • Room Count: 6
  • Additional Rooms: Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Hurricane Shutters, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Screened
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 160
  • Water Frontage Feet Beach Prvt: 80
  • Water Frontage Feet Gulf Ocean: 80
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water 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, Waterfront
  • Association Amenities: Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 950
  • Association Fee Frequency: Quarterly
  • Association Name: Vanessa Diaz-Hemmerick
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Email: associationmanager@palmisland.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5050
  • Monthly HOA Fee: 316.67
  • Total Monthly Fees: 420.83

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412020351031
  • Additional Parcels: No
  • Flood Zone Code: VE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Property must be leased through Palm Island Resort.

Tax Info

  • Tax Annual Amount: 7065.02
  • Tax Book Number: 10-13
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Sep 11, 2020
Sold by
Beckstead Jamie M
Bought by
Seelbach Nancy C and Seelbach William R
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
List Price
$625,000
Sold Price
$625,000
Total Days on Market
11
Current Estimated Value
$968,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,100
Avg. Annual Appreciation
8.49%
Original Mortgage
$500,000
Outstanding Balance
$448,725
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$483,061

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jul 26, 2018
Sold by
Aslin Kathy B and Kathy B Aslln Revocable Trust
Bought by
Beckstead Jamie M
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
List Price
$649,900
Sold Price
$575,000
Premium/Discount to List
-$74,900
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
Oct 7, 1999
Sold by
Brownlow Jill
Bought by
Aslin Malcolm M and Aslin Kathy B

Purchase Details

Closed on
Mar 7, 1997
Sold by
Vetter Joan M
Bought by
Brownlow Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.9%
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
Seelbach Nancy C $625,000 First International Ttl Inc
Beckstead Jamie M $575,000 First Intl Title Inc
Aslin Malcolm M $325,000 --
Brownlow Jill $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seelbach Nancy C $500,000
Previous Owner Brownlow Jill $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $625,000 0.0% $382 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $625,000 +8.7% $382 / Sq Ft
07/26/2018 07/26/18 Sold $575,000 -11.5% $352 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $649,900 0.0% $398 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $649,900 -- $398 / 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 $12,978 $659,432 $0 $0
2022 $11,491 $660,850 $259,250 $401,600
2021 $10,486 $544,985 $259,250 $285,735
2020 $8,928 $376,977 $0 $0
2019 $7,065 $368,501 $0 $0
2018 $7,246 $393,738 $0 $0
2017 $7,322 $385,640 $0 $0
2016 $7,316 $377,708 $0 $0
2015 $7,361 $374,458 $0 $0
2014 -- $463,728 $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

    51 in this area

    60 Total Sales

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Map

Source: Stellar MLS

MLS Number: D6112209

Stellar MLS

APN: 412020351031

Florida Charlotte County Englewood 33946 Don Pedro Island

7288 Palm Island Dr Unit LEC 15, Englewood, FL

This home is located at 7288 Palm Island Dr Unit LEC 15, Englewood, FL 34224 since 18 May 2020 and is currently estimated at $900,790, approximately $551 per square foot. This property was built in 1985. 7288 Palm Island Dr Unit LEC 15 is a home located in Charlotte County with nearby schools including Vineland Elementary School, L.A. Ainger Middle School, and Lemon Bay High School.

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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