$495,000
$436K PRICE INCREASE

7482 Palm Island Dr Unit 2522 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated payment $7,248/month

Total Views 42,130
3 Beds
3 Baths
1,568 Sq Ft
$316 Price per Sq Ft

Highlights

  • 1,000 Feet of Ocean or Gulf Waterfront
  • Full Gulf or Ocean Views
  • Open Floorplan
  • Beach Access
  • Gated Community
  • Cathedral Ceiling

About This Home

Price modified! Amazing opportunity for someone searching to have a beach villa home. Three-bedroom beach front villa with a great view of the Gulf! Located on a barrier island between Ft. Myers and Sarasota, the island is accessible by boat or car ferry. 7 miles of pristine beach awaits you, start your shell collection and get ready for the beautiful southwest Florida sunsets. The tropical paradise is added to with access to the resort amenities; tennis and pickle ball courts, pools, work out room, restaurant on site and Coconuts Cafe for an afternoon ice cream or morning coffee. Be as active as you want or just enjoy the tropical peacefulness the location has to offer. The simple decor and pallet allow you to make it your own. The upper floor has a large storage area that can be turned into added living space, adding instant equity. Walk out the second-floor slider door to the deck where you can hear and see the waves hitting shore. Spacious enough for quality time with family or friends. Start enjoying island time today. The building has new roof in 2023 and villa has new A/C 2024. This would make a great vacation rental too.

Listing Agent

Lisa Halpin

PALM ISLAND PROPERTIES INC Brokerage Phone: 941-697-1445 License #3515689 Listed on: 02/06/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,615

Year Built

  • Built in 1984

Lot Details

  • 1,000 Feet of Ocean or Gulf Waterfront
  • East Facing Home

HOA Fees

  • $3,643 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • First Come-First Served Dock
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, ground maintenance, trash
  • Olaf Leante Association, Phone Number (941) 828-1683
  • Visit Association Website
  • Palm Island Village Community
  • Palm Island Village Ph 02 Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 110 lbs
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,615

Year Built

Built in 1984

Lot Details

0

HOA Fees

$3,643 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding, Frame
  • Fireplace: No
  • Living Area: 1568
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1568
  • Lot Size Sq Ft: 1408
  • 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: Active
  • Ownership: Fee Simple
  • Entry Level: 2
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1050025
  • Minimum Lease: 1-7 Days
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 315.69
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Attribution Contact: 941-697-1445
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 7482
  • Living Area Meters: 145.67
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Tennis Court(s)
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Gravel
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1000
  • Water Frontage Feet Gulf Ocean: 1000

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated Community - No Guard, Golf Carts OK, Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Olaf Leante
  • Phone: 9418281683
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 25
  • Condo Fees: 10929
  • Condo Land Included YN: 0
  • Max Pet Weight: 110
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: associationmanager@palmisland.com
  • Monthly Condo Fee Amount: 3643
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: palmisland.org

Fee Information

  • Total Annual Fees: 43716.00
  • Total Monthly Fees: 3643.00
  • Monthly HOA Amount: 0.00

Lot Info

  • Zoning: PD
  • Parcel Number: 412031652055
  • Additional Parcels: No
  • Flood Zone Code: 9AE
  • Homestead YN: 0
  • Lot Size Square Meters: 131

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Rentals must be managed by Palm Island Resort management company

Tax Info

  • Tax Annual Amount: 11614.87
  • Tax Lot: na

Multi Family

  • Waterfront Features: Gulf/Ocean

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,481 $549,927 $0 $0
2022 $9,734 $555,778 $0 $555,778
2021 $8,865 $454,485 $0 $454,485
2020 $7,863 $395,842 $0 $395,842
2019 $7,555 $374,517 $0 $374,517
2018 $8,215 $429,162 $0 $429,162
2017 $8,207 $466,480 $0 $0
2016 $7,862 $362,122 $0 $0
2015 $6,762 $329,202 $0 $0
2014 $7,430 $367,030 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Price Changed $495,000 -5.7% $316 / Sq Ft
07/13/2025 07/13/25 Price Changed $525,000 -7.1% $335 / Sq Ft
05/29/2025 05/29/25 Price Changed $565,000 -3.4% $360 / Sq Ft
05/07/2025 05/07/25 Price Changed $585,000 -1.7% $373 / Sq Ft
02/07/2025 02/07/25 Price Changed $595,000 +900.0% $379 / Sq Ft
02/06/2025 02/06/25 For Sale $59,500 -87.5% $38 / Sq Ft
10/16/2020 10/16/20 Sold $475,000 -4.2% $303 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
07/16/2019 07/16/19 Price Changed $495,900 -1.8% $316 / Sq Ft
07/26/2018 07/26/18 For Sale $505,000 -- $322 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Warranty Deed $475,000 None Available
Warranty Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,250 New Conventional
Source: Public Records

About the Listing Agent

Lisa Halpin

PALM ISLAND PROPERTIES INC

(941) 307-7035

Section Image

Lisa joined the operations side of Palm Island Resort 15 years ago. Moving from Michigan with a background in Hospitality management, she found the perfect new Florida work home at Palm Island Resort. The knowledge she has gained through the resort experience is a great asset to her real estate role. A firm believer that relationships make the world go around, Lisa looks forward to serving the island community and can’t think of a better way to spend workdays than with you, helping you find

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Source: Stellar MLS

MLS Number: D6140594

Stellar MLS

APN: 412031652055