NOT LISTED FOR SALE

7494 Palm Island Dr Unit 2213 Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $399,000 - $545,068

2 Beds
2 Baths
1,232 Sq Ft
$1,461/mo HOA Fee

Last Sold July 31, 2023

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

Est. 3% decrease in value since last sale

Current estimated payment $5,459/month

313 Days on Market

Highlights

  • 500 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Boat Ramp
  • Fitness Center
  • Fishing

About This Home

As of July 2023

A hidden gem! Enjoy the Island life right in Florida! Directly on the Gulf of Mexico in the Palm Island Resort. This beautiful upgraded 2 bedroom 2 Bath condo with 1,232 square feet of living space has incredible 180 degree views of the Gulf of Mexico and amazing sunsets. Open concept floor plan with luxury wood-plank vinyl floors throughout. The interior has been completely renovated from top to bottom. The kitchen has quartz countertops, stainless appliances, glass cook top range, recessed lights and a large peninsula with additional seating space. The dining area has a bay window and custom chandelier. the living room has lots of space for relaxing and picturesque views of the Florida gulf. Covered 13x8 balcony with room for lounging and outdoor dining. The master retreat has a decorative wood plank wall, custom ceiling fan, dual closets and scenic ocean views. The spa-like master bath has a custom double sink quartz vanity, laminate flooring and a glass enclosed walk-in shower. The additional bedroom has a decorative wood plank wall, custom ceiling fan and spacious closet. 2nd full bath has a custom quartz vanity, and tub/shower combo. Spacious laundry room with additional storage cabinets and designated folding area. The Resort offers 24x7 security, parking and bell hop, access to beach & boat dockage. Activities for the whole family that include biking, nature walks, tennis courts, heated pool and spa, and have available rentals for kayaks, paddle boarding, bikes, fishing equipment, golf carts and much more. This Beautiful condominium has one of the best locations on the most southern end of the island, Its just steps to the isolated & quiet beach along the Gulf of Mexico. Palm Island is heaven on earth and only accessible by ferry (car or walking on) so no fighting over parking spots at the beach or your own area to enjoy your beach life.

Last Agent to Sell the Property

Tony Baroni

KELLER WILLIAMS SUBURBAN TAMPA License #3134493 Listed on: 08/19/2022

KELLER WILLIAMS SUBURBAN TAMPA

Last Buyer's Agent

Lisa Halpin

PALM ISLAND PROPERTIES INC License #3515689

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,672

Year Built

  • Built in 1984

Lot Details

  • 500 Feet of Ocean or Gulf Waterfront
  • South Facing Home
  • Kennel or Dog Run

HOA Fees

  • $1,461 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Tray Ceiling
  • High Ceiling
  • Sliding Doors
  • Combination Dining and Living Room
  • Full Gulf or Ocean Views
  • Laundry Room

Kitchen

  • Cooktop
  • Microwave
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Bamboo
  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Golf Cart Parking
  • Assigned Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • First Come-First Served Dock
  • Dock made with Composite Material
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund
  • $109 Other Monthly Fees
  • Palm Island Resort Management Association, Phone Number (941) 421-2191
  • Palm Island Village Community
  • Palm Island Village Ph 02 Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Boat Ramp
  • Boat Dock
  • Fitness Center
  • Community Pool
  • Fishing
  • Tennis Courts

Pet Policy

  • Pets Allowed
  • Pets up to 35 lbs

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,672

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,461 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1232
  • New Construction: No
  • Year Built: 1984
  • Directions to Property: Driving Directions: 75 south to River Road, Right to Winchestor, Left on Placida RD(CR775), right on Panama Blvd to car ferry to resort. You will then take the ferry over and drive until you get to Palm Island resort and then you will park your vehicle and ask the Palm Island guard how to proceed from there.
  • Status: Sold
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow City: Tampa
  • Escrow Postal Code: 33602
  • Escrow State: FL
  • Escrow Street Number: 601 S Harbor Island Blvd,
  • Floor Number: 1
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 495.13
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Other Fees Amount: 1310
  • Condo Fees Term: Quarterly
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Wood
  • Full Bathrooms: 2
  • Interior Amenities: High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Cooktop, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 3
  • Street Number Modifier: 7494
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 114.46
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Other Structures: Kennel/Dog Run, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Lighting, Other, Rain Gutters, Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras: Dock - Composite,Dock - Slip 1st Come
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 500
  • Flood Zone Date: 2003-05-05
  • Flood Zone Panel: 12015C0189F
  • Water Frontage Feet Gulf Ocean: 500

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Golf Cart Parking, Guest

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Ramp, Fishing, Fitness Center, Gated, Golf Carts OK, Irrigation-Reclaimed Water, Pool
  • Association Amenities: Dock, Fitness Center, Gated
  • Association Name: Palm Island Resort Management
  • Phone: 941-421-2191
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Building Name Number: 2213
  • Condo Fees: 4383
  • Condo Land Included YN: 1
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1461

Fee Information

  • Total Annual Fees: 18842.00
  • Total Monthly Fees: 1570.17
  • Other Fees Term: Annual

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031652042
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 6672
  • Tax Lot: 2213

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Nov 2, 2020
Sold by
Gartenberg Paul and Gartenberg Jeanne W
Bought by
Hunt Dustin and Hunt Nicole M
Seller's Agent
Matt Augustyniak
HORIZON REALTY INTERNATIONAL
Buyer's Agent
Tony Baroni
KELLER WILLIAMS SUBURBAN TAMPA
List Price
$389,900
Sold Price
$369,450
Premium/Discount to List
-$20,450
-5.24%
Current Estimated Value
$592,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,709
Avg. Annual Appreciation
10.24%
Original Mortgage
$295,560
Outstanding Balance
$264,800
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$323,920

Purchase Details

Closed on
Feb 3, 2017
Sold by
Smith Alfred J and Smith Linda R
Bought by
Gartneberg Paul and Gartneberg Jenne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2012
Sold by
Haddad Jamal and Haddad Julie
Bought by
Smith Alfred J and Smith Linda R

Purchase Details

Closed on
May 27, 2005
Sold by
Mcgowan Eugene E and Mcgowan Susan H
Bought by
Haddad Jamal and Haddad Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 18, 2004
Sold by
Mcgowan Eugene E and Mcgowan Susan H
Bought by
Mcgowan Eugene E and Mcgowan Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2004
Sold by
Mcgowan Eugene E and Mcgowan Susan H
Bought by
Mcgowan Eugene E E and Mcgowan Eugene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2004
Sold by
Mcgowan Eugene E and Mcgowan Susan H
Bought by
Eugene E Mcgowan and Mcgowan Rev T Susan H

Purchase Details

Closed on
Jul 15, 1996
Sold by
Colon William A
Bought by
Mcgowan Eugene E and Mcgowan Susan H

Purchase Details

Closed on
Jul 12, 1996
Sold by
Colom Constance B
Bought by
Colom William A
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
Hunt Dustin $369,500 Foundation Title And Tr Llc
Gartneberg Paul $337,000 Horizon Title
Smith Alfred J $320,000 United Title & Escrow Of Fl
Haddad Jamal $650,000 --
Mcgowan Eugene E -- --
Mcgowan Eugene E E -- --
Eugene E Mcgowan -- --
Mcgowan Eugene E $125,000 --
Colom William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Dustin $295,560
Previous Owner Gartneberg Paul $252,000
Previous Owner Haddad Jamal $626,000
Previous Owner Haddad Jamal $585,000
Previous Owner Mcgowan Eugene E $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $610,000 -6.2% $495 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/18/2023 06/18/23 Price Changed $650,000 0.0% $528 / Sq Ft
06/18/2023 06/18/23 For Sale $650,000 -7.1% $528 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
04/10/2023 04/10/23 Price Changed $699,900 -6.7% $568 / Sq Ft
08/19/2022 08/19/22 For Sale $750,000 +103.0% $609 / Sq Ft
11/02/2020 11/02/20 Sold $369,450 -5.2% $300 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $389,900 0.0% $316 / Sq Ft
08/11/2020 08/11/20 Price Changed $389,900 +2.6% $316 / Sq Ft
06/03/2020 06/03/20 For Sale $379,900 +2.8% $308 / Sq Ft
05/31/2020 05/31/20 Off Market $369,450 -- --
03/25/2020 03/25/20 For Sale $379,900 0.0% $308 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
06/11/2019 06/11/19 Price Changed $379,900 0.0% $308 / Sq Ft
06/07/2019 06/07/19 Price Changed $380,000 -1.3% $308 / Sq Ft
03/20/2018 03/20/18 For Sale $385,000 -- $313 / 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 $9,077 $586,432 $0 $586,432
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

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Map

Source: Stellar MLS

MLS Number: T3397096

Stellar MLS

APN: 412031652042