NOT LISTED FOR SALE

7442 Palm Island Dr Unit 3613 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $394,000 - $538,000

2 Beds
2 Baths
1,048 Sq Ft
$917/mo HOA Fee

Last Sold July 27, 2018

Last sale price $290,000 $277 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,126/month

164 Days on Market

Highlights

  • Waterfront Community
  • Private Beach
  • Fitness Center
  • Beach View
  • Water Access
  • Heated Pool

About This Home

As of July 2018

Looking for a Private Island? This two- bedroom, 2 bath paradise condominium is the perfect spot to enjoy a stroll on the beach for sharks teeth and shells. Enjoy fishing? There are many locations just off the beach to catch that favorite fish to prepare for dinner. The community pool and beach are literally steps away from your screened in porch with views of the Gulf of Mexico. The Resort has an island boutique and Rum Bay Restaurant opened year round. A tennis pro is on site, kayak, paddle board, golf carts and bicycles are available for rent at Coconuts along with your favorite ice cream or coffee drink. Don't miss out on this paradise offer, call today!

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 12/23/2017

Last Buyer's Agent

Lora Carpenter

COLDWELL BANKER REALTY License #3261286

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,966

Year Built

  • Built in 1986

Lot Details

  • Private Beach
  • Zero Lot Line

HOA Fees

  • $917 Monthly HOA Fees

Parking

  • Golf Cart Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

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

Interior Spaces

  • 1,048 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

  • Water Access
  • First Come-First Served Dock
  • Deck
  • Covered patio or porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management
  • $100 Other Monthly Fees
  • Beach Villas Community
  • Beach Villas Bldg 36 Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Planned Unit Development

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,966

Year Built

Built in 1986

Lot Details

0

HOA Fees

$917 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated, Florida, Key West
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1048
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 1048
  • Lot Size Sq Ft: 1138
  • Directions to Property: South on SR 776 , right on Placida Road (SR 775) right on Panama Blvd to car ferry.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1050025
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 276.72
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Unit Number YN: 0
  • Water Access YN: 1
  • Other Fees Amount: 1200
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 1
  • Property Description: Elevated
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7442
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 6

Exterior Features

  • Other Structures: Tennis Court(s)
  • Pool Features: Heated
  • Exterior Features: Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: Seller Property Disclosure
  • Water Access: Beach - Private
  • Water Extras: Dock - Slip 1st Come
  • Water Extras YN: 1
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2003-05-05T00:00:00.000
  • Flood Zone Panel: 12015C0189F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Golf Cart Parking, Guest, None

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Gated, Playground, Pool, PUD, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Fitness Center, Gated, Playground, Security, Tennis Court(s), Vehicle Restrictions
  • Association: No
  • Security: Fire Sprinkler System, Gated Community
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Building Name Number: 36
  • Condo Fees: 2750
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 917

Fee Information

  • Other Fees Term: Annual

Lot Info

  • Zoning: PD
  • Parcel Number: 412031651043
  • Additional Parcels: No
  • Lot Features: Private, Zero Lot Line
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Property can only be rented by Palm Island Resort

Tax Info

  • Tax Annual Amount: 4966
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2017
Closed on
Jul 27, 2018
Sold by
Chummar Noble and Peterson Shelley
Bought by
Peabody Christopher K and Peabody Catherine
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Lora Carpenter
COLDWELL BANKER REALTY
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Total Days on Market
164
Current Estimated Value
$471,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,813
Avg. Annual Appreciation
8.07%
Original Mortgage
$232,000
Outstanding Balance
$203,559
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$290,305

Purchase Details

Closed on
Oct 12, 2007
Sold by
Walsh John and Walsh Deborah P
Bought by
Harris Peter Harold and The Drp Trust

Purchase Details

Closed on
Oct 8, 2004
Sold by
Walsh Deborah Perkins and Knott Kimberly Perkins
Bought by
Walsh John and Walsh Deborah P

Purchase Details

Closed on
Apr 3, 1997
Sold by
Perkins Robert A and Perkins Jane H
Bought by
Perkins Jane H
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
Peabody Christopher K $290,000 Sunbelt Title Agency
Harris Peter Harold $400,000 Attorney
Walsh John -- --
Walsh Deborah Perkins -- --
Perkins Jane H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peabody Christopher K $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Off Market $290,000 -- --
07/27/2018 07/27/18 Sold $290,000 -9.4% $277 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
04/13/2018 04/13/18 Price Changed $320,000 -1.5% $305 / Sq Ft
12/23/2017 12/23/17 For Sale $325,000 -- $310 / 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 $6,727 $363,315 $0 $0
2022 $5,861 $291,292 $0 $291,292
2021 $5,468 $248,533 $0 $248,533
2020 $5,625 $255,660 $0 $255,660
2019 $5,433 $242,298 $0 $242,298
2018 $5,323 $246,752 $0 $246,752
2017 $4,967 $242,298 $0 $0
2016 $4,714 $217,534 $0 $0
2015 $4,306 $197,758 $0 $0
2014 -- $227,205 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D5921996

Stellar MLS

APN: 412031651043