$474,500
SOLD FEB 26, 2025

7506 Palm Island Dr Unit 2022 Placida, FL 33946

Don Pedro Island Neighborhood
3 Beds
3 Baths
1,568 Sq Ft
$3,667/mo HOA Fee

Recently Sold

$303 Per Sq Ft

Highlights

  • Beach Front
  • Fitness Center
  • Clubhouse
  • Water access To Gulf or Ocean
  • Heated Spa
  • Closet Cabinetry

About This Home

As of February 2025

Palm Island resort Palm Island Village 2. 3 Bedroom, plus bonus room, 3 full baths. Spectacular Gulf views. SOLD FOR INFORMATIONAL PURPOSES ONLY

Last Agent to Sell the Property

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE Listed on: 02/26/2025

STELLAR NON-MEMBER OFFICE

Last Buyer's Agent

Deena Wolley

PARADISE EXCLUSIVE INC License #3263894

PARADISE EXCLUSIVE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,354

Year Built

  • Built in 1984

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

  • $3,667 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

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

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Living Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Dual Closets
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 412031652035

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road
  • $208 Other Monthly Fees
  • Holly Carr Association
  • 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

Amenities

  • Clubhouse

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,354

Year Built

Built in 1984

Lot Details

0

HOA Fees

$3,667 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood 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
  • Status: Sold
  • Street Post Direction: S
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 2
  • RATIO Current Price By Calculate: 302.61
  • Water Access YN: 1
  • Other Fees Amount: 2500
  • Condo Fees Term: Quarterly
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Dual Closets
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 145.67

Exterior Features

  • Pool Features: Gunite
  • Exterior Features: Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • Waterfront: Yes
  • Water Access: Beach,Gulf/Ocean
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Golf Carts OK, Irrigation-Reclaimed Water, Playground, Pool, Tennis Courts
  • Association Name: Holly Carr
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Condo Fees: 11000
  • Condo Land Included YN: 0
  • Association Email: associationmanager@palmisland.com
  • Monthly Condo Fee Amount: 3667

Fee Information

  • Total Annual Fees: 46500.00
  • Total Monthly Fees: 3875.00
  • Other Fees Term: Annual

Lot Info

  • Zoning: PD
  • Parcel Number: 412031652035
  • Additional Parcels: No
  • Flood Zone Code: 9AE

Tax Info

  • Tax Annual Amount: 11354.47
  • Tax Lot: 20

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Feb 26, 2025
Sold by
Haddad Jamal and Haddad Julia R
Bought by
Whiteman Victoria M and Whiteman Mark D
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Deena Wolley
PARADISE EXCLUSIVE INC
List Price
$474,500
Sold Price
$474,500
Current Estimated Value
$568,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,712
Avg. Annual Appreciation
30.87%

Purchase Details

Closed on
Mar 10, 2010
Sold by
Schmelzer Kathryne B
Bought by
Haddad Jamal and Haddad Julia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1994
Sold by
Rozario Rodney A and Rozario Selina
Bought by
Schmelzer George R and Schmelzer Kathryne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.53%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $474,500 None Listed On Document
Warranty Deed $475,000 Bonded Builders Title Svcs
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $380,000 New Conventional
Previous Owner $140,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Sold $474,500 0.0% $303 / Sq Ft
02/26/2025 02/26/25 For Sale $474,500 -- $303 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
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
2024 $11,235 $706,384 -- $706,384
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

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J986281

Stellar MLS

APN: 412031652035