$885,000
$40K PRICE DROP

7490 Palm Island Dr Unit 2324 Cape Haze, FL 33946

Don Pedro Island Neighborhood

Estimated payment $9,402/month

Total Views 1,285
3 Beds
3 Baths
1,568 Sq Ft
$564 Price per Sq Ft

Highlights

  • Waterfront Community
  • Deck
  • Attic
  • Water Views
  • Main Floor Primary Bedroom
  • Loft

About This Home

Escape to your own island paradise on Palm Island Beach Resort, where pristine white sand beaches, breathtaking sunsets, and an unmatched island lifestyle await on Placida Island, Florida. Accessible only by a short ferry ride or boat, this exclusive sanctuary offers the perfect blend of seclusion and luxury, making every day feel like a vacation.

This stunning residence features three elegant bedrooms and three beautifully designed bathrooms, all crafted for comfort and style. The open-concept living area boasts high ceilings and panoramic Gulf views that instantly transport you to a world of relaxation. The gourmet kitchen is a chef's dream, showcasing granite countertops, extra cabinets beneath a spacious breakfast bar, stainless steel appliances, and a built-in wine cooler—ideal for entertaining or unwinding after a day on the beach. Expansive sliding glass doors welcome in the refreshing sea breeze and lead to a private balcony, the perfect spot to savor spectacular sunsets over the Gulf of Mexico. Whether you’re enjoying your morning coffee or evening cocktails, this balcony is a front-row seat to paradise.

Wake up to breathtaking Gulf views in the spacious primary suite, which includes a private balcony, ample closet space, and a lavish en-suite bath designed for pure relaxation. The second bedroom is thoughtfully designed and situated at the front of the condo, conveniently located next to a beautifully appointed bathroom. The third bedroom is located on the second floor and offers stunning Gulf and beach views from its own private lanai, perfect for endless sunset gazing. It features an en-suite bathroom and a versatile bonus loft room, ideal as a spare bedroom, office, or owner's closet.

Palm Island Beach Resort is more than just a home; it's a lifestyle. Enjoy exclusive access to a private beach, heated pools, tennis courts, a fully-equipped fitness center, and full-service dining. Explore the island effortlessly with golf-cart-friendly pathways or embark on endless outdoor adventures like kayaking, fishing, and shelling. Whether you're looking for a year-round sanctuary or an income-producing vacation rental, this Palm Island gem offers an unparalleled coastal escape. Don’t miss your chance to own a piece of paradise on Placida Island—where every sunset is a masterpiece, and every day feels like a getaway.

Schedule your private tour today and make this dream coastal retreat yours.

Listing Agent

Jayne Appleyard

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3477122 Listed on: 02/25/2025

EXP REALTY LLC

Co-Listing Agent

Kimberly Dowling

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3331706

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,354

Year Built

  • Built in 1984

Lot Details

  • East Facing Home

HOA Fees

  • $3,643 Monthly HOA Fees

Home Design

  • Elevated Home
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Loft
  • Bonus Room
  • Storage Room
  • Water Views
  • Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, recreational facilities
  • Palm Island Village Community
  • Palm Island Village Ph 02 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Restaurant
  • Community Mailbox

Recreation

  • Waterfront Community
  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Park

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,354

Year Built

Built in 1984

Lot Details

0

HOA Fees

$3,643 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Siding
  • 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
  • Status: Active
  • Co List Office Mls Id: MFR261010944
  • Co List Office Phone: 888-883-8509
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 564.41
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Elevated
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Attribution Contact: 888-883-8509
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor, Split Bedroom, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Other
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 7490
  • Additional Rooms: Attic,Bonus Room,Storage Rooms
  • Living Area Meters: 145.67
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, French Doors
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Deck, Enclosed, Patio
  • Road Surface Type: Other
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Mailbox, Deed Restrictions, Golf Carts OK, Playground, Pool, Restaurant, Tennis Court(s)
  • Association Amenities: Maintenance, Park, Pickleball Court(s), Playground, Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee: 10929
  • Association Fee Frequency: Quarterly
  • Association Name: TBA
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: 23/24
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0

Fee Information

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

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031652048
  • Additional Parcels: No
  • Flood Zone Code: ae
  • Homestead YN: 0
  • Lot Size Square Meters: 131

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See documents attached.

Tax Info

  • Tax Annual Amount: 11354.47
  • Tax Lot: 31

Multi Family

  • Approval Process: See attached Documents

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 $11,235 $526,866 $0 $0
2022 $9,510 $555,778 $0 $555,778
2021 $8,655 $454,485 $0 $454,485
2020 $7,863 $395,842 $0 $395,842
2019 $8,670 $435,826 $0 $435,826
2018 $8,354 $437,158 $0 $437,158
2017 $8,465 $475,810 $0 $0
2016 $8,111 $378,248 $0 $0
2015 $7,036 $343,862 $0 $0
2014 -- $382,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $885,000 -4.3% $564 / Sq Ft
02/25/2025 02/25/25 For Sale $925,000 -- $590 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Quality Title Agency Inc
Warranty Deed $213,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Credit Line Revolving
Closed $170,400 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4641661

Stellar MLS

APN: 412031652048