NOT LISTED FOR SALE

7450 Palm Island Dr Unit 3424 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $215,000 - $340,000

1 Bed
1 Bath
668 Sq Ft
$1,017/mo HOA Fee

Last Sold September 14, 2018

Last sale price $192,000 $287 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,988/month

143 Days on Market

Highlights

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

About This Home

As of September 2018

Looking for the perfect beach getaway? This 1 bedroom, 1 bath condominium in the heart of Palm Island Resort is the what you’ve been waiting for. Featuring new flooring, a newly redone gourmet kitchen, and some of the best beach views on the Gulf Coast, this is a rare opportunity that won’t last long. Palm Island Resort is a property unlike any other. Two miles of sugar-sand beaches ensure you will never be crowded as you soak up the sun or swim in our crystalline waters. We offer amenities such as Peter Burwash certified tennis pro, heated pools, newly remodeled fitness center, kayak and paddleboard rentals, and so much more. Come see what makes Palm Island Resort such a Florida paradise.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 02/06/2018

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 02/06/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,359

Year Built

  • Built in 1985

Lot Details

  • The property's road front is unimproved
  • Property fronts a private road
  • Private Beach

HOA Fees

  • $1,017 Monthly HOA Fees

Parking

  • Secured Garage or Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

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

Interior Spaces

  • 668 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • Fiberglass Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • First Come-First Served Dock
  • Deck
  • Covered patio or porch

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

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, private road, recreational facilities, security, trash
  • Beach Villas Community
  • Beach Villas Bldg 34 Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions
  • Planned Unit Development

Recreation

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

Pet Policy

  • Pets up to 60 lbs
  • 1 Pet Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,359

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,017 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated, Florida, Key West
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 668
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 668
  • Directions to Property: South on SR 776, right onto Placida Road (CR 775), right onto Panama Blvd to car ferry to Resort.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D5922935&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D5922935&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Home Warranty Y N: No
  • Other Fees Amount: 1200
  • Property Description: Elevated
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.93659
  • Price per Sq Ft: 287.43
  • Close to Original List Price Ratio: 0.93659
  • Ratio: Current Price\Building Area Total: 287.43
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 7450
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Tennis Court(s)
  • Pool Features: Fiberglass, Gunite, Heated
  • Exterior Features: Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Unimproved
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Secured
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, 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, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2750
  • Condo Fees Term: Quarterly
  • Other Fees Term: Annual
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 917
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 12200
  • Total Monthly Fees: 1016.67

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031651032
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 60
  • Minimum Lease: 1-7 Days
  • Pet Restrictions: Pets cannot be larger than 60 pounds.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Property must be rented through Palm Island Resort.

Tax Info

  • Tax Annual Amount: 2359
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Sep 14, 2018
Sold by
Teague Thomas J and Teague Louise As
Bought by
Kelleman Bend Michael and Kelleman Bend Aileen
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
List Price
$205,000
Sold Price
$192,000
Premium/Discount to List
-$13,000
-6.34%
Total Days on Market
143
Current Estimated Value
$278,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,661
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Mar 29, 2013
Sold by
Miller Steve and Smith Julia Mcmahan
Bought by
Teague Thomas J and Teague Louise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2005
Sold by
Turczyn Dennis and Turczyn Shirley
Bought by
Miller Steve and Smith Julia Mcmahan
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
Kelleman Bend Michael $192,000 First Intl Title Inc
Teague Thomas J $155,000 Stewart Title Company
Miller Steve $338,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teague Thomas J $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $192,000 -6.3% $287 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $205,000 -- $307 / 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 $4,874 $184,813 $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 $2,681 $135,897 $0 $0
2017 $2,351 $133,102 $0 $0
2016 $2,262 $130,364 $0 $0
2015 $2,276 $129,458 $0 $0
2014 $2,556 $148,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D5922935

Stellar MLS

APN: 412031651032