NOT LISTED FOR SALE

7355 Rum Bay Dr Unit SS 33,34,35 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $2,342,000 - $2,797,000

4 Beds
5 Baths
6,557 Sq Ft
$384/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $1,750,000 $267 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $16,439/month

119 Days on Market

Highlights

  • 1,040 Feet of Waterfront
  • Assigned Boat Slip
  • Private Beach
  • Community Boat Slip
  • Water access To Gulf or Ocean
  • Dock made with wood

About This Home

As of June 2021

Welcome home to a tranquil, tropical private estate paradise setting. The home sits on three waterfront lots located on the deep waters of Rum Bay. The views of the protected 60 acres water front preserve of an abundance of wildlife that never gets old. Views from every window in the home consist of the Intercostal, Bay and Gulf of Mexico for those beautiful Sunsets. The exterior of the home displays manicured landscaping, mature, producing fruit trees, large decks, paver drive way and paths, metal roof, and orchid shed. The dock can accommodate an 80ft yacht or multiple vessels and has 50 amp hook up, water with a 10,000 lb boat lift. The interior showcases custom crown moldings, private elevator to all three floors, Imported English 1890's cared mahogany fireplace surround, Exotic wood floors, Four 150 year old stained glass panels, 3 port holes and much more. Located on the 2nd and 3rd floors are 4 bedrooms and 4 full bathrooms. 3 of the 4 bedrooms have on suites with private bathrooms. The master bedroom sits on the 3rd floor and offers luxurious his and her bathroom accommodations such as a large vanishing edge soaking tub, large walk-in showers, marble floors, bidet and views of the Lagoon and Gulf. The master closets are large walk-ins with the largest closet doubling as a dressing room. The 2nd mater suite offers two large walk-in closets, large soaking tub, separate shower, & dual sinks. This suite has it's own private balcony looking over the Gulf of Mexico and the rear windows overlook the Bay. The 2nd floor features the chefs kitchen with ample granite counter space for entertaining and cooking, eat-in nook, 5 burner gas cook top, double oven, Separate Sub Zero refrigerator and freezer units, ice maker, coral backslash, chandelier, transom window, farm house sink and large prep sink, enormous amounts of cabinet space and cabinet coverings for appliances. This is truly a cook's dream kitchen. The home has formal dinning space that can easily accommodate seating for 10+, formal sitting room off of the dinning room, and family/billiard room. The formal sitting room showcases an antique mahogany gas fireplace and Brazilian wood floors that flow throughout most of the home. The family/billiard room also has a fully equipped bar. The bar houses a refrigerator, copper sink, dishwasher, garbage disposal, granite counter tops, coral accent wall with fossil inlay, port hole and stain glass inset lighting. A great space for entertaining, playing pool or relaxing watching a movie. On the ground level is a A/C large bonus room perfect for offices and or play/ entertainment area and an additional AC storage closet. Just a few steps away is the garage that has convenient work space and ample storage and can house a 6 passenger golf cart, tools and extra toys. Other details in home include, but are not limited to, are custom Hunter Douglas window coverings, Custom Lutron lighting system, tank-less hot water heaters, wall vac, full house sprinkler system and commercial grade 100 KW full house generator with a 500 gallon propane tank. Resort amenities include clubhouse, fitness room, tennis courts and large pavilion with heated pool and spa 24 hour security and much more. This home checks off every box on your wish list.

Last Agent to Sell the Property

Jeremy Jones

TALL PINES REALTY License #3186366 Listed on: 01/18/2021

Last Buyer's Agent

Jeremy Jones

TALL PINES REALTY License #3186366 Listed on: 01/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,026

Year Built

  • Built in 1991

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 138x141
  • Home fronts a creek
  • Home fronts a lagoon or estuary
  • 1,040 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal
  • The property's road front is unimproved
  • Property fronts a private road
  • Private Beach
  • West Facing Home
  • Dog Run
  • Chain Link Fence
  • Mature Landscaping
  • Irregular Lot
  • Well Sprinkler System
  • Fruit Trees
  • Property is zoned PD

HOA Fees

  • $660 Monthly HOA Fees

Property Views

  • Intracoastal
  • Full Gulf or Ocean
  • Partial Bay or Harbor

Home Design

  • Stilt Home
  • Florida Architecture
  • Key West Architecture
  • Elevated Home
  • Tri-Level Property
  • Wood Frame Construction
  • Metal Roof
  • Pile Dwellings

Interior Spaces

  • 6,557 Sq Ft Home
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • French Doors
  • L-Shaped Dining Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Parking

  • Workshop in Garage
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Dock has access to water
  • Boat Lift
  • Assigned Boat Slip
  • Dock made with wood
  • Covered Patio or Porch
  • Exterior Lighting
  • Greenhouse
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include 24-hour guard, common area taxes, community pool, manager, pool maintenance, private road, recreational facilities, security, trash
  • Palm Island Resort Association, Phone Number (941) 697-4800
  • Seaside Community
  • Seaside 01 Land Condo Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,026

Year Built

Built in 1991

Lot Details

0

HOA Fees

$660 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Florida, Key West
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 6557
  • Lot Size Acres: 0.64
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 8178
  • Lot Size Sq Ft: 27948
  • Directions to Property: 776 to South on Placida Rd. Turn right on Panama Rd. Car Ferry will take you over to Palm Island. Listing agent/owner will assist with getting you over on barge and to home.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6115945?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6115945?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Property Description: Elevated, Stilt Home
  • Ratio: Close Price\List Price: 0.946
  • Price per Sq Ft: 266.89
  • Close to Original List Price Ratio: 0.875
  • Ratio: Current Price\Building Area Total: 213.99
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Hardwood
  • Full Bathrooms: 5
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, Elevator, L Dining, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 7355
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: West
  • Other Structures: Greenhouse, Kennel/Dog Run, Shed(s), Storage, Workshop
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Dog Run, French Doors, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Storage
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Unimproved
  • Water View: Gulf/Ocean - Full, Gulf/Ocean - Partial, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Access: Beach - Private, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Assigned Boat Slip, Bridges - No Fixed Bridges, Dock - Slip 1st Come, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Waterfront Frontage: 1040
  • Water Frontage Feet I C W: 260
  • Water Frontage Feet Creek: 260
  • Water Frontage Feet Lagoon: 260
  • Water Frontage Feet Canal Salt: 260
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Golf Cart Garage, Golf Cart Parking, Workshop in Garage
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Meter, Sprinkler Well, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, 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, Fishing, Fitness, Gated Community, Golf Carts OK, Park, Playground, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Boat Slip, Clubhouse, Fitness Center, Gated, Optional Additional Fees, Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 1980
  • Association Fee Frequency: Quarterly
  • Association Name: Palm Island Resort
  • Phone: 941-697-4800
  • Association: Yes
  • Security: Gated Community, Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 7920
  • Monthly HOA Fee: 660
  • Total Monthly Fees: 660

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031531019
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: FloodZone, Irregular Lot
  • Lot Dimensions: 138x141
  • Property Attached Yn: Yes
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05

Rental Info

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

Tax Info

  • Tax Annual Amount: 27026
  • Tax Book Number: 1083-1932
  • Tax Lot: 33-35

Multi Family

  • Waterfront Features: Canal - Saltwater, Creek, Intracoastal Waterway, Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jun 14, 2021
Sold by
Jones Jeremy T and Jones Danielle M
Bought by
Drozdov Vladislav and Drozoova Yana
Seller's Agent
Jeremy Jones
TALL PINES REALTY
Buyer's Agent
Jeremy Jones
TALL PINES REALTY
List Price
$2,000,000
Sold Price
$1,750,000
Premium/Discount to List
-$250,000
-12.5%
Current Estimated Value
$2,515,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,426
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Jun 25, 2018
Sold by
Beckstead Jamie M
Bought by
Jones Jeremy T and Jones Danielle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2016
Sold by
Island Harbor Beach Club Llc
Bought by
Beckstead Dean and Beckstead Jamie M

Purchase Details

Closed on
Jun 18, 1999
Sold by
Tobin Anthony G and Tobin Lee Ann
Bought by
Beckstead Garfield R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Buyer Sale Price Title Company
Drozdov Vladislav $1,750,000 Attorney
Jones Jeremy T $1,200,000 Attorney
Beckstead Dean $900,000 First International Title In
Beckstead Garfield R $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Jeremy T $500,000
Previous Owner Beckstead Garfield R $500,000
Previous Owner Beckstead Garfield R $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $1,750,000 -5.4% $267 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
04/30/2021 04/30/21 Price Changed $1,849,900 0.0% $282 / Sq Ft
03/22/2021 03/22/21 Price Changed $1,850,000 -2.4% $282 / Sq Ft
03/02/2021 03/02/21 Price Changed $1,895,000 -5.3% $289 / Sq Ft
01/18/2021 01/18/21 For Sale $2,000,000 -- $305 / 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 $26,163 $1,311,005 $0 $0
2022 $38,832 $2,164,000 $340,353 $1,823,647
2021 $28,361 $1,543,586 $0 $0
2020 $28,153 $1,522,274 $0 $0
2019 $27,831 $1,488,049 $0 $0
2018 $22,355 $1,238,760 $0 $0
2017 $21,747 $1,213,281 $0 $0
2016 $20,411 $1,077,023 $0 $0
2015 $20,034 $1,039,495 $0 $0
2014 $20,850 $1,078,755 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: D6115945

Stellar MLS

APN: 412031531019