NOT LISTED FOR SALE

7442 Palm Island Dr Unit 3611 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $193,000 - $288,000

1 Bed
1 Bath
668 Sq Ft
$1,081/mo HOA Fee

Last Sold October 29, 2020

Last sale price $179,900 $269 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,637/month

147 Days on Market

Highlights

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

About This Home

As of October 2020

Imagine a vacation home where you can truly relax. This one bedroom, one bath condominium in the heart of Palm Island Resort is that home. Complete with fully equipped kitchen, living and dining area, and a screened-in lanai with incredible views. Enjoy sunsets on the pristine private beach, nature walks beneath palm trees, kayaking through hidden waterways, and so much more. Palm Island Resort offers concierge and home care services, as well as two restaurants and an internet café. Recreation equipment is available for rent, and we have a fitness room and massage therapist available to help you unwind from the stress of the modern world. There is no better time, there is no finer place, to make your dream come true. Schedule an appointment now to see how beautiful life can be at Palm Island Resort.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 04/27/2020

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 04/27/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,980

Year Built

  • Built in 1986

Lot Details

  • 160 Feet of Waterfront
  • Property fronts gulf or ocean
  • The property's road front is unimproved
  • Property fronts a private road
  • Private Beach
  • End Unit
  • East Facing Home
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $1,081 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 668 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Partial Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Water access To Gulf or Ocean
  • No Fixed Bridges
  • First Come-First Served Dock
  • Covered patio or porch
  • Outdoor Grill

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 community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, private road, security
  • Beach Villas Community
  • Beach Villas Bldg 36 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

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

Pet Policy

  • Pets Allowed
  • Pets up to 35 lbs

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,980

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,081 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated, Florida, Key West
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 668
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 800
  • Directions to Property: Placida Road to Panama Blvd to car ferry launch.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6111979?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6111979?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 1250
  • Property Description: Corner Unit, Elevated
  • Ratio: Close Price\List Price: 0.94935
  • Price per Sq Ft: 269.31
  • Close to Original List Price Ratio: 0.94685
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 7442
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Outdoor Grill, Sliding Doors
  • 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 - Partial
  • Water Access: Beach - Private, Gulf/Ocean
  • 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
  • Waterfront Frontage: 160
  • Water Frontage Feet Gulf Ocean: 160
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Playground, Pool, Tennis Courts, Water Access, Waterfront
  • Association: No
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 2930
  • Condo Fees Term: Quarterly
  • Other Fees Term: Annual
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 977
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 12970
  • Total Monthly Fees: 1080.83

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031651041
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Max Pet Weight: 35
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Property can only be leased through Palm Island Resort.

Tax Info

  • Tax Annual Amount: 3980
  • Tax Lot: 36

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Oct 29, 2020
Sold by
Becksted Jamie Miller and Estate Of Dean Beckstead
Bought by
Ginter Joseph J and Ginter Dawn A
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
List Price
$189,999
Sold Price
$179,900
Premium/Discount to List
-$10,099
-5.32%
Current Estimated Value
$257,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,794
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
May 25, 2005
Sold by
Brady Timothy R and Brady Lynn A
Bought by
Beckstead Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 23, 2002
Sold by
Costello Susan
Bought by
Brady Timothy R and Brady Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 16, 1999
Sold by
Birrell Robert A and Birrell Elaine P
Bought by
Fries Lu A
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
Ginter Joseph J $179,900 Attorney
Beckstead Dean $330,000 --
Brady Timothy R $230,000 --
Fries Lu A $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beckstead Dean $264,000
Previous Owner Brady Timothy R $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $179,900 -5.1% $269 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $189,499 -0.3% $284 / Sq Ft
04/27/2020 04/27/20 For Sale $189,999 -- $284 / 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 $1,745 $27,722 $0 $0
2022 $3,959 $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 -- $134,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6111979

Stellar MLS

APN: 412031651041