NOT LISTED FOR SALE

7391 Palm Island Dr Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $951,623 - $1,450,000

3 Beds
4 Baths
2,479 Sq Ft
$442/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $845,900 $341 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,442/month

14 Days on Market

Highlights

  • Waterfront Community
  • Private Beach
  • Heated Spa
  • Water access To Gulf or Ocean
  • Fitness Center
  • Partial Gulf or Ocean Views

About This Home

As of December 2021

Looking for an island home to unwind with family and friends? Look no further! This 3 bedroom, 4 bath, with family room and office is the perfect place to relax, enjoy and build memories for years to come. On the first level you can enjoy two screened-in lanais off the living room and kitchen for entertaining The great room is sunny and all can gather together and enjoy a dinner at the spacious dining room table. The upper level boasts a large family room, just add an entertainment package and plan family gatherings around the TV for your favorite movie, or football, baseball, basketball, hockey team. The upstairs bedroom is sunny and comforting with en suite bath rooms and walk-in closets. The underneath of the home has a storage unit for golf carts, bicycles, kayaks, fishing equipment or favorite beach toys. The finished deck underneath is waiting for a hammock or maybe an outside pool or ping pong table. Located in the gorgeous Palm Island Resort community that features a full amenities package that includes tennis pro, tennis, pickleball courts, fitness room, fitness classes, yoga, massage therapist, boat docks, Rum Bay Restaurant, Coconuts Ice cream and coffee shop. Miles of pristine beach to stroll for sharks teeth and shells, great surf fishing at Stump Pass, unbelievable sunsets year-round. For the golfing enthusiast there are numerous golf courses in the area to play. Want a charter for fishing, golf outing, sunset cruise, massage? Call our concierge Debbie and she can assist you with all the arrangements. Palm Island Resort is a golf cart-only access property that provides a peaceful environment for total relaxation. Call and make an appointment. Come see for yourself. You deserve the best.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 10/20/2021

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 10/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,322

Year Built

  • Built in 1992

Lot Details

  • 8,680 Sq Ft Lot
  • Private Beach
  • East Facing Home
  • Condo Land Included
  • Property is zoned PD

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Golf Cart Garage

Home Design

  • Stilt Home
  • Bi-Level Home
  • Wood Frame Certified By Forest Stewardship Council
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 2,479 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Partial Bay or Harbor Views
  • Hurricane or Storm Shutters
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Marina
  • No Fixed Bridges
  • First Come-First Served Dock
  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, common area taxes, community pool, escrow reserves fund, manager, pest control, pool maintenance, private road, security, trash
  • $433 Other Monthly Fees
  • Vanessa Diez Hemmerick Association, Phone Number (941) 697-4800
  • Seaside Community
  • Seaside 01 Land Condo Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions
  • Rental Restrictions

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,322

Year Built

Built in 1992

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Escrow Reserves Fund, Manager, Pest Control, Pool Maintenance, Private Road, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 2479
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1992
  • Lot Size Sq Ft: 8680
  • Directions to Property: South on SR 776 to Placida Road ( SR 775) right onto Panama Blvd to car ferry All furniture and furnishings will convey with the property except the following items: wooden kitchen island, mermaid coffee table, all art work, large mirror on wall near front door , personal items, reclining chair in office.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6121798?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6121798?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 1300
  • Property Description: Stilt Home
  • Ratio: Close Price\List Price: 0.96575
  • Price per Sq Ft: 341.23
  • Close to Original List Price Ratio: 1.77747
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated
  • Street Number Modifier: 7391
  • Room Count: 13
  • Additional Rooms: Bonus Room, Den/Library/Office

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated
  • Exterior Features: Balcony, Hurricane Shutters, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Other
  • Water View: Gulf/Ocean - Partial
  • Water Access: Bay/Harbor, Beach - Private, Gulf/Ocean, Intracoastal Waterway, Marina
  • 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
  • Flood Zone Panel: 12015C0189F
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Playground, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Fitness Center, Pickleball Court(s), Playground, Pool, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 660
  • Association Fee Frequency: Quarterly
  • Association Name: Vanessa-Diez Hemmerick
  • Phone: 941-697-4800
  • Association: Yes
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Email: associationmanager@palmisland.com
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3940
  • Monthly HOA Fee: 220
  • Total Monthly Fees: 328.33

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031531009
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Property can only be rented by Palm Island Resort

Tax Info

  • Tax Annual Amount: 10322
  • Tax Book Number: 1083-1932
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 10, 2021
Sold by
Hill Kathleen A
Bought by
Hide & Sea Llc
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
List Price
$475,900
Sold Price
$845,900
Premium/Discount to List
$370,000
77.75%
Current Estimated Value
$1,096,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,006
Avg. Annual Appreciation
7.21%
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
Hide & Sea Llc $845,900 Wideikis Benedict & Berntsson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hide & Sea Llc $634,425
Previous Owner Hill Kathleen A $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $845,900 -3.4% $341 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/20/2021 10/20/21 Price Changed $875,900 +84.1% $353 / Sq Ft
10/19/2021 10/19/21 For Sale $475,900 -- $192 / 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 $15,491 $908,716 $95,200 $813,516
2023 $15,351 $761,226 $0 $0
2022 $12,895 $692,024 $77,350 $614,674
2021 $10,260 $520,624 $65,450 $455,174
2020 $10,322 $520,740 $65,153 $455,587
2019 $10,026 $498,707 $65,153 $433,554
2018 $9,201 $473,554 $65,153 $408,401
2017 $8,604 $446,238 $65,153 $381,085
2016 $8,291 $417,779 $0 $0
2015 $8,132 $402,500 $0 $0
2014 $8,449 $421,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Penny Hazen

    Seller's Agent in 2021

    Penny Hazen

    PALM ISLAND PROPERTIES INC

    (941) 628-1698

    51 in this area

    60 Total Sales

    Penny Hazen
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Map

Source: Stellar MLS

MLS Number: D6121798

Stellar MLS

APN: 412031531009

Florida Charlotte County Placida 33946 Don Pedro Island

7391 Palm Island Dr, Placida, FL

This home is located at 7391 Palm Island Dr, Placida, FL 33946 since 20 October 2021 and is currently estimated at $1,096,906, approximately $442 per square foot. This property was built in 1992. 7391 Palm Island Dr 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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