NOT LISTED FOR SALE

7462 Palm Island Dr Unit 3122 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $362,000 - $576,000

2 Beds

2 Baths

1,048 Sq Ft

$1,017/mo HOA Fee

Last sale price $285,000 $272 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,111/month

3 Days on Market

Highlights

160 Feet of Waterfront
Water access To Gulf or Ocean
Fitness Center
Boat Dock
Private Beach
Heated In Ground Pool

About This Home

As of June 2018

It’s a wonderful time to buy on Palm Island Resort! This remodeled, two bedroom, two bath Gulf front condominium is the ideal vacation spot for a family looking to maximize their time under the Florida sun. The serene, beautiful décor is a premiere spot for relaxing, as well as a great base of operations for island escapades and adventures. Features include ceramic tile flooring, stainless steel kitchen appliances, remodeled kitchen and baths, and more! Located right on the beach, you are just steps from the water’s edge and the best shelling you’ll find on the West Coast of Florida. Come visit Palm Island Resort and see what living your best life means on the Gulf of Mexico.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 05/17/2018

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 05/17/2018

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,985

Year Built

Built in 1985

Lot Details

160 Feet of Waterfront
Property fronts gulf or ocean
Property fronts a private road
Private Beach
East Facing Home
Mature Landscaping

HOA Fees

$1,017 Monthly HOA Fees

Home Design

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

Interior Spaces

1,048 Sq Ft Home
1-Story Property
Open Floorplan
Furnished
Cathedral Ceiling
Ceiling Fan
Shutters
Blinds
Sliding Doors
Full Gulf or Ocean Views

Kitchen

Microwave
Dishwasher
Solid Surface Countertops
Solid Wood Cabinet
Disposal

Flooring

Carpet
Ceramic Tile

Bedrooms and Bathrooms

2 Bedrooms
2 Full Bathrooms

Laundry

Laundry Room
Dryer
Washer

Home Security

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

Listing and Financial Details

Visit Down Payment Resource Website
Tax Lot 31
Assessor Parcel Number 412031651006

Community Details

Overview

Association fees include community pool, escrow reserves fund, insurance, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, security, trash
Beach Villas Community
Beach Villas Bldg 31 Subdivision
The community has rules related to deed restrictions, vehicle restrictions
Rental Restrictions

Recreation

Boat Dock
Tennis Courts
Community Playground
Fitness Center
Community Pool

Pet Policy

Pets Allowed

Security

Security Service
Gated Community
Fire and Smoke Detector
Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,985

Year Built

Built in 1985

Lot Details

HOA Fees

$1,017 per month

Listing Details

HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Trash
Property Type: Residential
Property Sub Type: Condominium
Architectural Style: Elevated, Florida, Key West
Construction Materials: Wood Frame
Fireplace: No
Living Area: 1048
New Construction: No
Year Built: 1985
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=D6100579&show_results=true&skip_sso=true
Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6100579&cview=true&show_results=true&customer_portal=true
Floor Number: 1
Homestead Y N: No
Unit Number Y N: No
Other Fees Amount: 1200
Property Description: Elevated
Planned Unit Development Y N: Yes
Ratio: Close Price\List Price: 0.87692
Price per Sq Ft: 271.95
Close to Original List Price Ratio: 0.87692
View: Yes
Ownership: Condominium
Tax Year: 2017
Special Features: VirtualTour

Interior Features

Living Area Units: Square Feet
Flooring: Carpet, Ceramic Tile
Full Bathrooms: 2
Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Foundation Details: Stilt/On Piling
Total Bedrooms: 2
Levels: One
Spa Features: Heated, In Ground
Spa Yn: Yes
Stories: 1
Window Features: Blinds, Shutters
Street Number Modifier: 7462
Room Count: 5
ResoLivingAreaSource: PublicRecords

Exterior Features

Direction Faces: East
Other Structures: Tennis Court(s)
Pool Features: Gunite, Heated, In Ground
Exterior Features: Outdoor Grill, Sliding Doors, Tennis Court(s)
Roof: Metal
Pool Private: No
Road Frontage Type: Private Road
View: Water
Water Body Name: Gulf Of Mexico
Waterfront: Yes
Patio and Porch Features: Covered, Screened
Water View: Gulf/Ocean - Full
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 Beach Prvt: 80
Water Frontage Feet Gulf Ocean: 80
Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities
Cooling: Central Air
Heating: Central, Electric
Laundry Features: Laundry Room
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
Association Amenities: Boat Dock, Fitness Center, Gated, Playground, Security, Tennis Court(s), Vehicle Restrictions
Association: Yes
Security: Fire Sprinkler System, Gated Community, 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: 412031651006
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: 999
Minimum Lease: 1-7 Days
Lease Restrictions Y N: Yes
Additional Lease Restrictions: Property must be rented through Palm Island Resort.

Tax Info

Tax Annual Amount: 4985
Tax Lot: 31

Multi Family

Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Jun 2018 - Present Donewald Corrine S 7 Years

Private Individual

Purchase Details

Listed on

May 17, 2018

Closed on

Jun 22, 2018

Sold by

Holbrook Barton L and Holbrook Katherina W

Bought by

Donewald Corrine S

Seller's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC

Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC

List Price

$325,000

Sold Price

$285,000

Premium/Discount to List

-$40,000

-12.31%

Total Days on Market

Current Estimated Value

$467,391

Estimated Appreciation

$182,391

Avg. Annual Appreciation

8.01%

Mar 2018 - Jun 2018 Holbrook Barton L and Holbrook Katherine We 3 Months

Private Individual

Purchase Details

Closed on

Mar 6, 2018

Sold by

Holbrook Barton L

Bought by

Holbrook Barton L and Holbrook Katherine We

Dec 2010 - Mar 2018 Holbrook Barton L 7 Years and 3 Months

Private Individual

Purchase Details

Closed on

Dec 22, 2010

Sold by

Sinnett Scott M and Sinnett Georgianna C

Bought by

Holbrook Barton L

May 2002 - Dec 2010 Sinnett Scott M and Sinnett Georgianna C 8 Years and 7 Months

Private Individual

Purchase Details

Closed on

May 30, 2002

Sold by

Hamann David C and Hamann Suzanne S

Bought by

Sinnett Scott M and Sinnett Georgianna C

Original Mortgage

$300,000

Interest Rate

6.85%

Jan 2001 - May 2002 Hamann David C and Hamann Suzanne S 1 Year and 4 Months

Private Individual

Purchase Details

Closed on

Jan 4, 2001

Sold by

Stegeman Cynthia J

Bought by

Hamann David C and Hamann Suzanne S

Original Mortgage

$272,000

Interest Rate

7.75%

Mortgage Type

Purchase Money Mortgage

Jun 2000 - Jan 2001 Stegeman Cynthia J 7 Months

Private Individual

Purchase Details

Closed on

Jun 6, 2000

Sold by

Stegeman John A and Stegeman Cynthia J

Bought by

Stegeman Cynthia J

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Donewald Corrine S	$285,000	First Intl Title Inc
Holbrook Barton L	--	Attorney
Holbrook Barton L	$300,000	Dba Premier Title Of Florida
Sinnett Scott M	$380,000	--
Hamann David C	$340,000	--
Stegeman Cynthia J	$55,500	--

Source: Public Records

Mortgage History

Status	Borrower	Loan Amount
Previous Owner	Sinnett Scott M	$30,000
Previous Owner	Sinnett Scott M	$300,000
Previous Owner	Hamann David C	$272,000

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
06/22/2018 06/22/18	Sold	$285,000	-12.3%	$272 / Sq Ft
05/20/2018 05/20/18	Pending	--	--	--
05/17/2018 05/17/18	For Sale	$325,000	--	$310 / Sq Ft

Source: Stellar MLS

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	$5,642	$300,031	$0	$0
2022	$5,354	$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

Seller's Agent in 2018

Penny Hazen

PALM ISLAND PROPERTIES INC

(941) 628-1698

60 in this area

69 Total Sales

Penny Hazen

See All Agents

Map

Source: Stellar MLS

MLS Number: D6100579

APN: 412031651006

Florida Charlotte County Placida 33946 Don Pedro Island

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

Nearby Homes

7462 Palm Island Dr Unit 3122 Placida, FL 33946

Last Sold June 22, 2018

Highlights

About This Home

Property Details

Community Details

Property Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Similar Homes in the area

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map