NOT LISTED FOR SALE

7458 Palm Island Dr Unit 3224 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $204,000 - $308,000

1 Bed
1 Bath
668 Sq Ft
1,307 Sq Ft Lot

Last Sold May 19, 2021

Last sale price $230,000 $344 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,583/month

57 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Water Access
  • Heated Spa
  • Private Beach
  • Fitness Center
  • Gated Community

About This Home

As of May 2021

As you walk in, the expansive panoramic beach view will take your breath away! And, with only a few steps -- you’re on the beach. Or, relax and enjoy watching the beach waves from the dual chaise lounge on the lanai. This unique condo is impressively decorated, offers numerous, upgraded fixtures and several new appliances. It also offers a solid rental history of repeat renters as a guests’ favorite. The Palm Island Resort rental program supports owners with the ideal way to utilize your condominium for income if you're not in residence. While on location, enjoy the well-appointed amenities the Resort has to offer including pool, hot tub, on-site restaurant, boat dock, golf cart rentals, tennis pro, pickle ball, kayaking, paddle boarding, massage therapist, fitness instructor, exercise room, club house, turtle-watching and so much more. Don't wait, this incredible opportunity is one of few available and won't last long. This is the perfect vacation getaway or island residence.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 02/22/2021

Last Buyer's Agent

Melissa Mutkoski

PARADISE EXCLUSIVE INC License #3343111

PARADISE EXCLUSIVE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,162

Year Built

  • Built in 1985

Lot Details

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

Home Design

  • Elevated Home
  • Wood Frame Construction
  • Metal Roof
  • Pile Dwellings

Interior Spaces

  • 668 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Water Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Spa
  • Water Access

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 3224
  • Assessor Parcel Number 412031651016

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, manager, pest control, private road, recreational facilities, security, trash
  • Vanessa Hemmerich Association, Phone Number (941) 697-4800
  • Beach Villas Community
  • Beach Villas Bldg 32 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions

Recreation

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

Pet Policy

  • Pets Allowed
  • Pets up to 90 lbs

Security

  • Security Service
  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,162

Year Built

Built in 1985

Lot Details

0

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated
  • Property Description: Elevated, End Unit
  • Water Extras: Dock - Slip 1st Come
  • Water View: Yes
  • Construction Materials: Wood Frame
  • Living Area: 668.00
  • Lot Size Acres: 0.03
  • Year Built: 1985
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6116717?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6116717?w=Customer
  • Lot Size Sq Ft: 10899
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6116717?w=PubMLS
  • Directions to Property: South on SR 776- Right onto Placida Road (SR 775) right on to Panama Blvd to car ferry pass.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1050025
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Thermostat, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Floor Number: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Living Area Meters: 62.06
  • Street Number Modifier: 7458

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
  • Exterior Features: Hurricane Shutters, Sliding Doors
  • 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
  • Waterfront: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • 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: 3224
  • 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.)
  • Association Amenities: Fitness Center, Pickleball Court(s), Playground, Pool, Security, Tennis Court(s), Vehicle Restrictions
  • Association Name: Vanessa Hemmerich
  • Phone: 941-697-4800
  • Association Email: associatonmanager@palmisland.com

Fee Information

  • 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

  • Total Acreage: 0 to less than 1/4
  • Zoning: PD
  • Parcel Number: 412031651016
  • Lot Size Square Meters: 1013

Rental Info

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

Tax Info

  • Tax Annual Amount: 4162.00
  • Tax Lot: 3224

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2021
Sold by
Mitchell Jill M and Mitchell Michael H
Bought by
Mitchell Jill M and Bogumil Jody Lynn
Current Estimated Value
$268,723

Purchase Details

Listed on
Feb 22, 2021
Closed on
May 19, 2021
Sold by
Lichtenstein Isaac R and Andert Darlene M
Bought by
Mitchell Jill Marie
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Melissa Mutkoski
PARADISE EXCLUSIVE INC
List Price
$238,800
Sold Price
$230,000
Premium/Discount to List
-$8,800
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Sep 19, 2016
Sold by
Borgerding John
Bought by
Lichtenstein Isaac R and Andert Darlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,508,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2006
Sold by
Dupont Lammot
Bought by
Borgerding John
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
Mitchell Jill M -- Attorney
Mitchell Jill Marie $230,000 First International Ttl Inc
Mitchell Jill Marie $230,000 First International Title
Lichtenstein Isaac R $188,500 First International Title In
Borgerding John $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lichtenstein Isaac R $1,508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $230,000 -3.7% $344 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $238,800 -- $357 / 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
2024 $1,468 $306,612 -- $306,612
2023 $1,468 $28,575 $0 $0
2022 $3,729 $173,179 $0 $173,179
2021 $3,471 $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

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Map

Source: Stellar MLS

MLS Number: D6116717

Stellar MLS

APN: 412031651016