NOT LISTED FOR SALE

7494 Palm Island Dr Unit 2211 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $393,000 - $667,000

2 Beds
2 Baths
1,232 Sq Ft
$1,452/mo HOA Fee

Last Sold March 11, 2022

Last sale price $610,000 $495 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,351/month

89 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Private Beach
  • Full Gulf or Ocean Views
  • Water access To Gulf or Ocean
  • Fitness Center
  • Gated Community

About This Home

As of March 2022

Open the front door of this two bedroom, two bath condominium and your eyes travel to the large sliding glass doors with a fabulous view of the pristine waters of the Gulf of Mexico. Along with the perfect location of this condominium the property offers a beautiful updated kitchen with stainless steel appliances, raised panel cabinets, and much more.. The comfortably furnished dining and living room are ready to host family and friend get togethers for years to come. Palm Island is a family oriented Resort with a world class amenities package. Sign up for private tennis lessons, join the fitness classes that include, water aerobics, yoga, strength training and so much more. Rent bicycles, paddle boards, kayaks and explore the island. Walk the 7 miles of the white sandy beaches for shells and sharks teeth. No need to cook everyday, just head to Rum Bay Restaurant for delicious meals, or just order pizza out and watch the sunsets from you lanai. What ever you decide to do, Palm Island will be a perfect place to unwind. Call today to discover paradise.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 10/29/2021

Co-Listed By

Lisa Halpin

PALM ISLAND PROPERTIES INC License #3515689

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 10/29/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,672

Year Built

  • Built in 1984

Lot Details

  • 80 Feet of Waterfront
  • Private Beach
  • East Facing Home
  • Condo Land Included

HOA Fees

  • $1,452 Monthly HOA Fees

Home Design

  • 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
  • Full Gulf or Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • First Come-First Served Dock
  • Dock has access to water

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Charlotte High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, 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
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

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

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,672

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,452 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1232
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 1984
  • Lot Size Sq Ft: 1405
  • Directions to Property: South on SR. 776, right onto Placida Road (SR 775) , right on Panama Blvd to car ferry.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6121954?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6121954?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93846
  • Price per Sq Ft: 495.13
  • Close to Original List Price Ratio: 0.93846
  • View: No
  • Co List Office Mls Id: 256030071
  • Co List Office Phone: 941-697-1445
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 7494
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Other
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come, Dock w/Water Supply
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Waterfront Frontage: 80
  • Water Frontage Feet Beach Prvt: 80
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • 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, Golf Carts OK, Playground, Pool, Tennis Courts, Water Access, Waterfront
  • Association Name: Vanessa Diaz-Hemmerick
  • Phone: 941-697-4800
  • Association: No
  • Senior Community: No
  • Condo Fees: 1452
  • Condo Fees Term: Monthly
  • Association Email: associationmanager@palmisland.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 1452
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 17424
  • Total Monthly Fees: 1452

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031652041
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Property has to be rented by Palm Island Resort management company

Tax Info

  • Tax Annual Amount: 6671.58
  • Tax Lot: 2211

Multi Family

  • Waterfront Features: Beach - Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Mar 11, 2022
Sold by
Ingram Family Trust
Bought by
Slusher Mark and Slusher Heather
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Current Estimated Value
$558,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,853
Avg. Annual Appreciation
-2.26%
Original Mortgage
$299,998
Outstanding Balance
$282,784
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$279,598

Purchase Details

Closed on
Oct 29, 2010
Sold by
Ingram Lawrence P and Ingram Jackie J
Bought by
Ingram Lawrence P and Ingram Jackie J

Purchase Details

Closed on
Apr 13, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Ingram Lawrence and Ingram Jackie

Purchase Details

Closed on
Feb 17, 2009
Sold by
Fischbach Peter and Case #08-Ca-000428
Bought by
Deutsche Bank Trust Company Americas and Ixis 2006-He3

Purchase Details

Closed on
Jul 22, 2008
Sold by
Fischbach Peter C
Bought by
Palm Island Village Ii Property Owners A

Purchase Details

Closed on
May 20, 2004
Sold by
Weaver Melvin E and Weaver Mary C
Bought by
Fischbach Peter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Slusher Mark $610,000 None Listed On Document
Ingram Lawrence P -- Attorney
Ingram Lawrence $340,000 None Available
Deutsche Bank Trust Company Americas -- Attorney
Palm Island Village Ii Property Owners A -- None Available
Fischbach Peter C $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slusher Mark $299,998
Previous Owner Fischbach Peter C $499,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $610,000 -6.2% $495 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $650,000 0.0% $528 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $650,000 -- $528 / 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 $11,279 $586,432 $0 $0
2022 $7,369 $398,983 $0 $398,983
2021 $6,672 $314,160 $0 $314,160
2020 $6,632 $309,971 $0 $309,971
2019 $7,127 $340,340 $0 $340,340
2018 $6,272 $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 2022

    Penny Hazen

    PALM ISLAND PROPERTIES INC

    (941) 628-1698

    50 in this area

    59 Total Sales

    Penny Hazen
    Section Image
  • Lisa Halpin

    Seller Co-Listing Agent in 2022

    Lisa Halpin

    PALM ISLAND PROPERTIES INC

    (941) 697-1445

    46 in this area

    53 Total Sales

    Lisa Halpin
    Section Image
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Map

Source: Stellar MLS

MLS Number: D6121954

Stellar MLS

APN: 412031652041

Florida Charlotte County Placida 33946 Don Pedro Island

7494 Palm Island Dr Unit 2211, Placida, FL

This home is located at 7494 Palm Island Dr Unit 2211, Placida, FL 33946 since 29 October 2021 and is currently estimated at $558,147, approximately $453 per square foot. This property was built in 1984. 7494 Palm Island Dr Unit 2211 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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