NOT LISTED FOR SALE

7462 Palm Island Dr Unit 3124 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $214,000 - $364,350

1 Bed
1 Bath
668 Sq Ft
$1,347/mo HOA Fee

Last Sold December 28, 2023

Last sale price $408,000 $611 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,299/month

5 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Open Floorplan
  • Furnished
  • Fitness Center
  • Vaulted Ceiling
  • Solid Surface Countertops

About This Home

As of December 2023

Watch the sunset from this simply elegant villa. Boasting a panoramic view of the Gulf of Mexico's amazing sunsets. Enjoy the 7 miles of private pristine beach or relax on the large screened linai while enjoying the Gulf breezes. All new kitchen appliances, counter width stainless steel refrigerator, flat top electric stove with stylish vent hood, every detail attended to. New open shelving over the quartz counter tops. New subway tile installed in the shower with eye catching tile flooring. New luxury laminate flooring throughout and the bright white paint really opens up this floor plan. Also included Bosch washer and dryer. Second floor views and vaulted ceiling too. Located on Palm Island Resort, a golf cart only community, on a barrier island accessible only by car ferry or your boat. Enjoy all the location has to offer, onsite restaurant and Coconuts Cafe for provisions, a full calendar of activities and a vibrant tennis and pickleball program too. If you're searching for a move in ready condo on the Gulf Coast, stop your search here. You just found paradise.

Last Agent to Sell the Property

Lisa Halpin

PALM ISLAND PROPERTIES INC Brokerage Phone: 941-697-1445 License #3515689 Listed on: 11/24/2023

Last Buyer's Agent

Lisa Halpin

PALM ISLAND PROPERTIES INC Brokerage Phone: 941-697-1445 License #3515689 Listed on: 11/24/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,745

Year Built

  • Built in 1985

Lot Details

  • Property fronts gulf or ocean
  • East Facing Home

HOA Fees

  • $1,347 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 668 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Family Room Off Kitchen
  • Laminate Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • No Fixed Bridges
  • First Come-First Served Dock
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, common area taxes, recreational facilities, trash
  • $183 Other Monthly Fees
  • Bob Duncan Association, Phone Number (941) 662-1304
  • Visit Association Website
  • Beach Villas Community
  • Beach Villas Bldg 31 Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

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

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,745

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,347 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 668
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 668
  • Lot Size Sq Ft: 1000
  • Directions to Property: I-75 South, Exit 191 From north, turn right onto River Road, continue approximately 7 miles make a left on Pine Street and continue for 7 more miles to Panama Blvd-- From South via- I-75, Exit 170 Kings Highway- Turn left then, turn Right onto Veteran’s Boulevard/ SR-776. Car ferry access at 2000 Panama Blvd. Cape Haze, Florida 33946. Once across the Intracoastal, exit the car ferry and continue 1 mile and enter Palm Island Resort parking area.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1050025
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 610.78
  • Unit Number YN: 0
  • Water Access YN: 1
  • Other Fees Amount: 2200
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_DockYN: 1
  • Attribution Contact: 941-697-1445
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 7462
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 62.06
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Gravel
  • Water Access: Gulf/Ocean
  • Water Extras: Bridges - No Fixed Bridges
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2015-11-18
  • Flood Zone Panel: 12055C0379C
  • Additional Water Information: First come first serve community boat slips.

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Golf Carts OK, Playground, Pool, Tennis Courts
  • Association Fee Frequency: Quarterly
  • Association Name: Bob Duncan
  • Phone: 9416621304
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 31
  • Condo Fees: 4040
  • Condo Land Included YN: 0
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: associationmanager@palmisland.com
  • Monthly Condo Fee Amount: 1347
  • Association URL: palmisland.org

Fee Information

  • Total Annual Fees: 18360.00
  • Total Monthly Fees: 1530.00
  • Other Fees Term: Annual
  • Monthly HOA Amount: 0.00

Lot Info

  • Zoning: PD
  • Parcel Number: 412031651008
  • Additional Parcels: No
  • Flood Zone Code: 10VE
  • Homestead YN: 0
  • Lot Size Square Meters: 93

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: All rentals must be managed by on site management company Palm Island Resort

Tax Info

  • Tax Annual Amount: 1745
  • Tax Lot: 3124

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Dec 29, 2023
Sold by
Senft Fritz H and Senft Kathryn Fink
Bought by
Trent Debra J and Gibson James R
Seller's Agent
Lisa Halpin
PALM ISLAND PROPERTIES INC
Buyer's Agent
Lisa Halpin
PALM ISLAND PROPERTIES INC
List Price
$429,000
Sold Price
$408,000
Premium/Discount to List
-$21,000
-4.9%
Total Days on Market
5
Views
36
Current Estimated Value
$321,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,162
Avg. Annual Appreciation
-15.29%

Purchase Details

Closed on
Oct 17, 2017
Sold by
Palm Insland Resort Unit 3124 Llc
Bought by
Senft Fritz H and Senft Kathryn Fink

Purchase Details

Closed on
Oct 18, 2010
Sold by
Long Paul
Bought by
Palm Island Resort Unit 3124 Llc

Purchase Details

Closed on
Feb 28, 2001
Sold by
Charlotte Harbor Ptnr
Bought by
Long Paul and Long Janice Mch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1997
Sold by
Harnett Gordon D and Harnett Mary D
Bought by
Charlotte Harbor Ptnr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Trent Debra J $408,000 None Listed On Document
Senft Fritz H $205,000 First International Title In
Palm Island Resort Unit 3124 Llc $170,000 None Available
Long Paul $235,000 --
Charlotte Harbor Ptnr $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Paul R $30,000
Previous Owner Long Paul $210,000
Previous Owner Long Paul $185,000
Previous Owner Charlotte Harbor Ptnr $173,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $408,000 -4.9% $611 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $429,000 -- $642 / 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 $39,604 $0 $39,604
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: D6133500

Stellar MLS

APN: 412031651008