NOT LISTED FOR SALE

7466 Palm Island Dr Unit 2911 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $411,000 - $643,000

2 Beds
2 Baths
1,232 Sq Ft
1,307 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $425,000 $345 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,674/month

47 Days on Market

Highlights

  • Boat Dock
  • Private Beach
  • Fitness Center
  • Property fronts gulf or ocean
  • Water Access
  • Heated Spa

About This Home

As of February 2021

The views go on forever from this 2 bedroom, 2 bath Gulf front condominium. The beach walkover is just steps away from your front door waiting for you to take that morning walk along two miles of pristine beach or head out later in the day to watch the spectacular sunsets over the Gulf. For the avid shell fanatics, you will find all your favorites every time you are on the beach. The heated community pool and tennis courts are a short stroll from this condo for your fun and enjoyment. No need to cook every meal just head to Rum Bay Restaurant for a delicious meal and then to Coconuts for your favorite ice cream cone. Luxury amenities include concierge services, Tennis Pro and Tennis Center, massage therapy, fitness center, and much more. Come see for yourself how amazing life is at Palm Island Resort.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 11/27/2020

Last Buyer's Agent

Trisha Balsizer

HOMESMART License #3482669

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,319

Year Built

  • Built in 1984

Lot Details

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

Home Design

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

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Water Access
  • 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

  • Tax Lot 2911
  • Assessor Parcel Number 412031652069

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, fidelity bond, insurance, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, trash
  • Vanessa Diaz Hemmerick Association, Phone Number (941) 697-4800
  • Palm Island Village Community
  • Palm Island Village Ph 02 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,319

Year Built

Built in 1984

Lot Details

0

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated, Key West
  • Property Description: Corner Unit, Elevated, End Unit
  • Water Extras: Dock - Slip 1st Come
  • Water View: Yes
  • Construction Materials: Vinyl Siding, Wood Frame
  • Living Area: 1232.00
  • Lot Size Acres: 0.03
  • Year Built: 1984
  • Building Area Total: 1232.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6115145?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6115145?w=Customer
  • Lot Size Sq Ft: 1405
  • Building Search Sq Meters: 114.46
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6115145?w=PubMLS
  • Directions to Property: South on SR 776 , right onto SR 775 (Placida Road) left onto Panama Blvd to car ferry to Palm Island.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1050025
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 4
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Floor Number: 1
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Drapes, Window Treatments
  • Living Area Meters: 114.46
  • Street Number Modifier: 7466

Exterior Features

  • Direction Faces: East
  • Water Extras: Yes
  • Waterfront Feet Private Beach: 80
  • Waterfront Feet Gulf Ocean: 80
  • Water Access: Beach - Private, Gulf/Ocean
  • Pool Features: Heated
  • Exterior Features: Sliding Doors
  • Roof: Metal
  • Water View: Beach, Gulf/Ocean - Full
  • Flood Zone Code: VE
  • Flood Zone Date: 05/05/2003
  • Flood Zone Panel: 12015C0189F
  • Water Access: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Palm Island Village
  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Playground, Pool, Tennis Courts, Water Access, Waterfront
  • Building Name Number: 29
  • Condo Fees: 3645
  • Condo Fees Term: Quarterly
  • Condo Land Included: Yes
  • Max Pet Weight: 100
  • Monthly Condo Fee Amount: 1215
  • Pet Size: Large (61-100 Lbs.)
  • Association Amenities: Boat Slip, Dock, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Name: Vanessa Diaz-Hemmerick
  • Phone: 941-697-4800
  • Association Email: associationmanager@palmisland.com

Fee Information

  • Other Fees Amount: 1285
  • Other Fees Term: Annual
  • Waterfront Frontage: 160
  • Total Annual Fees: 15865.00
  • Total Monthly Fees: 1322.08

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

  • Zoning Compatible: Yes
  • Total Acreage: 0 to less than 1/4
  • Zoning: PD
  • Parcel Number: 412031652069
  • Lot Features: CoastalConstruction Control Line
  • Lot Size Square Meters: 131

Rental Info

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

Tax Info

  • Tax Annual Amount: 6319.00
  • Tax Lot: 2911

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Feb 26, 2021
Sold by
Cavaliere Joseph W and Cavaliere Joseph W
Bought by
Jensen Jeffrey A and Jensen Rhonda L
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Trisha Balsizer
HOMESMART
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$534,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,826
Avg. Annual Appreciation
5.16%
Original Mortgage
$250,000
Outstanding Balance
$226,639
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$307,394

Purchase Details

Closed on
Nov 25, 2016
Sold by
Cavaliere Joseph W and Cavaliere Barbara J
Bought by
Declaration Cavaliere Joseph W and Declaration Joseph W Cavaliere
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
Jensen Jeffrey A $425,000 Attorney
Declaration Cavaliere Joseph W -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Jeffrey A $250,000
Previous Owner Harrick Joseph W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $425,000 -5.6% $345 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
11/27/2020 11/27/20 For Sale $450,000 -- $365 / 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 $9,390 $438,881 $0 $0
2022 $7,627 $398,983 $0 $398,983
2021 $6,358 $314,160 $0 $314,160
2020 $6,319 $309,971 $0 $309,971
2019 $6,813 $340,340 $0 $340,340
2018 $5,958 $299,499 $0 $299,499
2017 $6,340 $324,632 $0 $0
2016 $6,271 $285,677 $0 $0
2015 $5,464 $259,706 $0 $0
2014 $6,005 $291,465 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Penny Hazen

    Seller's Agent in 2021

    Penny Hazen

    PALM ISLAND PROPERTIES INC

    (941) 628-1698

    51 in this area

    60 Total Sales

    Penny Hazen
    Section Image

  • T

    Buyer's Agent in 2021

    Trisha Balsizer

    HOMESMART

See All Agents

Map

Source: Stellar MLS

MLS Number: D6115145

Stellar MLS

APN: 412031652069

Florida Charlotte County Placida 33946 Don Pedro Island

7466 Palm Island Dr Unit 2911, Placida, FL

This home is located at 7466 Palm Island Dr Unit 2911, Placida, FL 33946 since 27 November 2020 and is currently estimated at $534,826, approximately $434 per square foot. This property was built in 1984. 7466 Palm Island Dr Unit 2911 is a home located in Charlotte County with nearby schools including Vineland Elementary School, L.A. Ainger Middle School, and Lemon Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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