NOT LISTED FOR SALE

7438 Palm Island Dr Unit 3724 Cape Haze, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $208,000 - $300,000

1 Bed
1 Bath
668 Sq Ft
871 Sq Ft Lot

Last Sold April 05, 2021

Last sale price $200,000 $299 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,816/month

127 Days on Market

Highlights

  • Boat Dock
  • Private Beach
  • Fitness Center
  • Property fronts gulf or ocean
  • Water Access
  • Heated Spa

About This Home

As of April 2021

There is no place as relaxing as Palm Island Resort. This 1 bedroom 1 bath condo is the ideal vacation retreat for living the Palm Island lifestyle. In excellent condition, this condo features updated appliances and refaced cabinets in the kitchen. You can watch sunsets on your screened porch overlooking the Gulf of Mexico, walk along the shore as the warm waters lap at your fee, rent a kayak to explore the beautiful waters around our island paradise. Threw is so much to do at Palm Island Resort - but it's also the perfect location to do nothing at all, beneath an umbrella on our sunny, private beach. Palm Island Resort: Florida living at its finest!

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 10/05/2020

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 10/05/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,162

Year Built

  • Built in 1987

Lot Details

  • Property fronts gulf or ocean
  • Private Beach
  • East Facing Home

Home Design

  • Key West Architecture
  • Elevated Home
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 668 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Water Views

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Water Access
  • Covered patio or porch
  • Rain Gutters

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 3724
  • Assessor Parcel Number 412031651056

Community Details

Overview

  • Association fees include 24-hour guard, community pool, escrow reserves fund, fidelity bond, insurance, maintenance exterior, manager, pest control, pool maintenance, private road, recreational facilities, security, trash
  • Beach Villas Community
  • Beach Villas Bldg 37 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pets up to 90 lbs

Security

  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,162

Year Built

Built in 1987

Lot Details

0

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Exterior, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated, Key West
  • Property Description: Corner Unit, Elevated, End Unit, Stilt Home
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come
  • Water View: Yes
  • Construction Materials: Vinyl Siding
  • Living Area: 668.00
  • Lot Size Acres: 0.02
  • Year Built: 1987
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6114296?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6114296?w=Customer
  • Lot Size Sq Ft: 800
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6114296?w=PubMLS
  • Directions to Property: South on SR 776-right onto Placida Road (SR 775) left onto Panama Blvd to car ferry
  • Escrow State: FL
  • List Office Head Office Key Nume: 1050025
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 4
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Floor Number: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Living Area Meters: 62.06
  • Street Number Modifier: 7438

Exterior Features

  • Direction Faces: East
  • Water Extras: Yes
  • Waterfront Feet Private Beach: 80
  • Waterfront Feet Gulf Ocean: 80
  • Water Access: Bay/Harbor, Beach - Private, Gulf/Ocean, Intracoastal Waterway
  • Pool Features: Heated
  • Exterior Features: Hurricane Shutters, Rain Gutters, Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Water View: Gulf/Ocean - Full
  • Flood Zone Code: VE
  • Flood Zone Date: 05/05/2003
  • Flood Zone Panel: 12015C0189F
  • Water Access: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Beach Villas
  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Playground, Pool, Tennis Courts, Water Access, Waterfront
  • Building Name Number: 3724
  • Condo Fees: 1095
  • Condo Fees Term: Monthly
  • Condo Land Included: Yes
  • Max Pet Weight: 90
  • Monthly Condo Fee Amount: 1095
  • Pet Size: Large (61-100 Lbs.)
  • Planned Unit Development: Yes
  • Association Amenities: Dock, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions

Fee Information

  • Other Fees Term: Annual
  • Waterfront Frontage: 160
  • Total Annual Fees: 13140.00
  • Total Monthly Fees: 1095.00

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 0 to less than 1/4
  • Zoning: PD
  • Parcel Number: 412031651056
  • Lot Features: Street Private
  • Lot Size Square Meters: 74

Rental Info

  • Minimum Lease: 1-7 Days
  • Additional Lease Restrictions: Property must be rented by Palm Island Resort
  • Furnished: Furnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 4162.15
  • Tax Lot: 3724

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Apr 5, 2021
Sold by
Mellerup Mark and Mellerup Denise
Bought by
Gordon Paul W and Gordon Virginia
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%
Total Days on Market
127
Current Estimated Value
$264,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,649
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Sep 14, 2016
Sold by
Nard Wallace and Nard Josegtte
Bought by
Mellerup Mark and Mellerup Denisw

Purchase Details

Closed on
Apr 16, 2001
Sold by
Jonassen William and Jonassen Ellen O
Bought by
Nard Wallace and Nard Josette

Purchase Details

Closed on
Dec 11, 1997
Sold by
Fullgraf Charlotte S
Bought by
Jonassen William and Jonassen Ellen O
Source: Public Records

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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
Gordon Paul W $200,000 Attorney
Mellerup Mark $175,000 First Imnternational Title I
Nard Wallace $220,000 --
Jonassen William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nard Wallace $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $200,000 -6.5% $299 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $214,000 -2.3% $320 / Sq Ft
10/05/2020 10/05/20 For Sale $219,000 -- $328 / 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 $4,935 $190,497 $0 $0
2022 $4,015 $173,179 $0 $173,179
2021 $3,757 $152,738 $0 $152,738
2020 $4,162 $174,315 $0 $174,315
2019 $3,980 $162,391 $0 $162,391
2018 $3,765 $157,281 $0 $157,281
2017 $3,447 $154,442 $0 $0
2016 $3,297 $142,404 $0 $0
2015 $3,030 $129,458 $0 $0
2014 $3,147 $134,220 $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

    60 in this area

    69 Total Sales

    Penny Hazen
    Section Image
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Map

Source: Stellar MLS

MLS Number: D6114296

Stellar MLS

APN: 412031651056

Florida Charlotte County Cape Haze 33946 Don Pedro Island

7438 Palm Island Dr Unit 3724, Cape Haze, FL

This home is located at 7438 Palm Island Dr Unit 3724, Cape Haze, FL 33946 since 05 October 2020 and is currently estimated at $264,649, approximately $396 per square foot. This property was built in 1987. 7438 Palm Island Dr Unit 3724 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.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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