$535,000
PENDING $40K PRICE DROP

7434 Palm Island Dr Unit 3811 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated payment $4,796/month

Total Views 682
3 Beds
2.5 Baths
1,490 Sq Ft
$359 Price per Sq Ft

Highlights

  • Water Views
  • Heated In Ground Pool
  • Bamboo Flooring
  • Fitness Center
  • Clubhouse
  • Great Room

About This Home

AMAZING PRICE! AMAZING LOCATION! 3 bedroom, 2.5 bathrooms, Gulf Front condo in the heart of the sought after Palm Island Resort. Located across from the only restaurant on the island, Rum Bay. The panoramic views of the Gulf and the 7 miles of pristine sandy beaches will have you relaxed in no time. This well appointed home has Corian counters, plenty of cabinet space with slide out drawers, extra large and deep sink. Your family and guests will enjoy the breakfast bar with stools as you gather around the kitchen. The dining area is full of natural light, has a wine fridge, and a dining table and chairs for 6. Beyond that is your beachy, cozy living room with a large mounted TV and sliders that bring you out onto the lanai for those spectacular views and sunsets. The 3 bedrooms are all equipped with California Closets for even more storage. The 2nd bedroom has been set up as an office with a queen size Murphy bed that looks like a wall cabinet. There is a built-in desk and shelves along the opposite wall. The primary suite has 2 closets, one large walk-in and one with dual doors that slide. The walk-in shower has a river stone floor, and is equipped with grab bars and built-in shelves for toiletries. The bedroom has a bow window with cushioned window seat that is perfect to curl up on and read a good book with a view of the Gulf. The association is diligently working on final repairs from the past hurricanes. The elevators should be up and running soon along with finishing up the lanai and outside stairs. The seller has and will pay for all fees and insurance assessments for the year 2025. Buyer won't need to worry about those until January 2026. There is a large community pool with restrooms, shower, entertainment area, tables, chairs and umbrellas. There is also an in-ground hot tub. Golf carts, walking and bicycles are the modes of transportation. There is a bellstaff that will happily transfer you around inside the resort and help with unloading and loading your belongings. Getting to your oasis in paradise is a 4 minute car ferry ride from the mainland. On the mainland side is plenty of restaurants, golf courses, shopping, and of course, more beaches. Come get your piece of paradise at this remarkable price!

Listing Agent

Deena Wolley

PARADISE EXCLUSIVE INC Brokerage Phone: 941-698-0303 License #3263894 Listed on: 07/29/2025

PARADISE EXCLUSIVE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 2006

Lot Details

  • East Facing Home
  • Irrigation Equipment

HOA Fees

  • $1,662 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 1,490 Sq Ft Home
  • 2-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Breakfast Bar
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

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

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, private road, trash
  • $208 Other Monthly Fees
  • Olaf Leante Association, Phone Number (941) 697-4800
  • Visit Association Website
  • Palm Island Gulf Villas Community
  • Palm Island Gulf Villas Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions

Amenities

  • Restaurant
  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,904

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,662 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Private Road, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding, Frame
  • Fireplace: No
  • Living Area: 1490
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1490
  • Lot Size Sq Ft: 1593
  • Directions to Property: Placida Rd to Panama Blvd. Car ferry landing is located at the end of the road on the right side is where the vehicles line up. Agent will help with island access. Once on island, follow the paved road, N Gulf Blvd, to the Palm Island Resort gates. Park your vehicle in the parking lot. Golf cart transportation to unit 3811.
  • Status: Pending
  • Ownership: Condominium
  • Entry Level: 1
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1037924
  • Minimum Lease: 1 Week
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 359.06
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Other Fees Amount: 2500
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,Stilt Home
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Gulf/Ocean Front,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 941-698-0303
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 7434
  • Living Area Meters: 138.43
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Lighting, Outdoor Grill, Sliding Doors, Storage
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Other
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Private, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, No Truck/RV/Motorcycle Parking, Playground, Pool, Restaurant, Special Community Restrictions, Tennis Court(s)
  • Association Amenities: Elevator(s), Storage, Vehicle Restrictions
  • Association Fee Frequency: Quarterly
  • Association Name: Olaf Leante
  • Phone: 941-697-4800
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Confirm with association for up to date pet rules and regulations. Dogs must be leashed and up to date on vaccinations.
  • Association Fee Requirement: Required
  • Building Name Number: BLDG 38 UNIT 3811
  • Condo Fees: 4985
  • Condo Land Included YN: 1
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: AssociationManager@palmisland.com
  • Monthly Condo Fee Amount: 1662
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: palmisland.com

Fee Information

  • Total Annual Fees: 22440.00
  • Total Monthly Fees: 1870.00
  • Other Fees Term: Annual

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031526007
  • Additional Parcels: No
  • Flood Zone Code: 10VE
  • Homestead YN: 0
  • Lot Size Square Meters: 148

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Palm Island Resort retains the property manager for their rental program. Buyer should discuss with them the specific rules and regulations.

Tax Info

  • Tax Annual Amount: 2904.32
  • Tax Book Number: 14-11A
  • Tax Lot: 13

Multi Family

  • Approval Process: Buyer should discuss with property manager

Map

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

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 $2,832 $107,336 -- $107,336
2023 $2,832 $86,661 $0 $0
2022 $10,110 $525,598 $0 $525,598
2021 $9,579 $477,471 $0 $477,471
2020 $9,307 $492,669 $0 $492,669
2019 $8,387 $411,613 $0 $411,613
2018 $7,353 $362,219 $0 $362,219
2017 $7,517 $392,615 $0 $0
2016 $7,456 $345,501 $0 $0
2015 $6,480 $314,092 $0 $0
2014 $7,101 $349,605 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Pending -- -- --
08/09/2025 08/09/25 Price Changed $535,000 -7.0% $359 / Sq Ft
07/29/2025 07/29/25 For Sale $575,000 -- $386 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $645,000 None Available
Source: Public Records

Source: Stellar MLS

MLS Number: D6143209

Stellar MLS

APN: 412031526007