NOT LISTED FOR SALE

7518 Palm Island Dr S Unit 1224 Cape Haze, FL 33946

Don Pedro Island Neighborhood
3 Beds
3 Baths
1,568 Sq Ft
$1,316/mo HOA Fee

Last Sold August 30, 2019

Last sale price $425,000 $271 Per Sq Ft

289 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Boat Dock
  • Private Beach
  • Marina
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of August 2019

Enjoy breath taking views from this spacious condominium located at Palm Island Resort. Live the island dream in this 3 bedrooms, 3 baths with a bonus room, a screened lanai plus open sundeck, kitchen with breakfast bar, and spectacular views of the Gulf Coast of Florida make this particular beach getaway is a tremendous value. The condominium offers open concept living with vaulted ceilings, a loft style bedroom and pocket sliders allowing for indoor/outdoor living on the screened lanai. Located in the Palm Island Village 1, this property offers convenient access to the miles of sugar sand beaches and the gulf front pool and spa. The building is also sea wall protected. The popularity of Palm Island is largely due to being a very family oriented Resort with a beautiful beach and lushly landscaped grounds. The Resort is not just a destination, it is a lifestyle. Private Beach, pools tennis courts, fitness center, recreational equipment rentals, Coconuts Internet Cafe and Rum Bay Restaurant. Relaxation and rejuvenation are the order of the day, every day!

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 10/27/2018

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 10/27/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,801

Year Built

  • Built in 1984 | Newly Remodeled

Lot Details

  • 80 Feet of Waterfront
  • Property fronts gulf or ocean
  • The property's road front is unimproved
  • Property fronts a private road
  • Private Beach
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,316 Monthly HOA Fees

Parking

  • Secured Garage or Parking

Home Design

  • Florida Architecture
  • Key West Architecture
  • Elevated Home
  • Planned Development
  • Wood Frame Construction
  • Metal Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Bonus Room
  • Inside Utility
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Marina
  • No Fixed Bridges
  • First Come-First Served Dock
  • Deck
  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, fidelity bond, insurance, maintenance structure, pest control, recreational facilities, security, trash
  • Palm Island Village Community
  • Palm Island Village Bldg 02 Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Marina
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 100 lbs

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,801

Year Built

Built in 1984 | Newly Remodeled

Lot Details

0

HOA Fees

$1,316 per month

Listing Details

  • HOA Fee Includes: Community Pool, Fidelity Bond, Insurance, Maintenance Structure, Pest Control, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Elevated, Florida, Key West
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1568
  • New Construction: Yes
  • Year Built: 1984
  • Building Area Total: 1568
  • Directions to Property: Placida Rd to Panama Blvd, to car ferry launch at 2000 Panama Blvd, Englewood, FL
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6103109&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6103109&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 1250
  • Property Description: Elevated
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.85772
  • Price per Sq Ft: 271.05
  • Close to Original List Price Ratio: 0.85772
  • Ratio: Current Price\Building Area Total: 271.05
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Window Treatments
  • Street Number Modifier: 7518
  • Room Count: 5
  • Additional Rooms: Bonus Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Unimproved
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come
  • 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: 40
  • Water Frontage Feet Gulf Ocean: 40

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Private, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Playground, Pool, Tennis Courts, Water Access
  • Association Amenities: Boat Dock, Fitness Center, Gated, Marina, Playground, Security, Tennis Court(s), Vehicle Restrictions
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3635
  • Condo Fees Term: Quarterly
  • Other Fees Term: Annual
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1212
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 15790
  • Total Monthly Fees: 1315.83

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031652008
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • 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 can only be rented through Palm Island Resort.

Tax Info

  • Tax Annual Amount: 8801
  • Tax Lot: 12

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $425,000 -14.2% $271 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $495,500 +16.6% $316 / Sq Ft
05/01/2019 05/01/19 Off Market $425,000 -- --
10/27/2018 10/27/18 For Sale $495,500 -- $316 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6103109

Stellar MLS