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Off market
  • $1,104,000

    7040 Palm Island Dr, Placida, FL 33946

    4beds
    2,137sqft
    Single Family Residence
    Built in 1988
    0.6 Acres Lot
    $1,104,000 Zestimate®
    $517/sqft
    $9,699 Estimated rent

    Home value

    $1,104,000

    $983,000 - $1.24M

    $9,699/mo

    Zestimate® history
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    What's special

    Breathtaking views of the intricate waterways of Stump Pass and the Gulf of Mexico in this 4 bedroom/4 bath island home. Immediately relax as you enter this comfortable beach house with a wall of sliding glass doors which offer unbelievable views, stunning wood floors which were recently refinished, a wood burning fireplace and a complete kitchen remodel in 2017 with granite counters, wood cabinets and stainless appliances. Enjoy the cozy hammock on the open and expansive deck while you listen to the waves crash ashore and the sea breeze turns the page of your newly started novel. The master bedroom offers a private balcony overlooking miles of quiet beaches. New roof and driveway in 2015, whole house replumbed and mosquito nix system all help provide peace of mind. Palm Island resort, a golf cart community, offers community pools, tennis, pro shop, docks, security, Rum Bay Restaurant, Coconuts Rentals, internet cafe and so much more.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Originating MLS: Englewood

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Split Bedroom, Walk-In Closet(s), Solid Wood Cabinets, Living Room/Dining Room Combo, Solid Surface Counters
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Family Room
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 2,137 sqft

    Property

    Features
    • Levels: Two
    • Patio & porch: Deck, Patio, Porch, Covered
    • Exterior features: Wood
    • Pool features: Gunite, Heated, In Ground, Outside Bath Access
    • Spa features: Heated
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf/Ocean
    • Body of water: GULF OF MEXICO
    Lot
    • Size: 0.6 Acres
    • Features: In County, Level/Flat, FloodZone, Street Private, Conservation Area
    • Residential vegetation: Mature Landscaping
    Details
    • Additional structures: Storage
    • Parcel number: 412020305004
    • Zoning: PD

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Key West, Custom
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • Year built: 1988

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private
    • Utilities for property: Electricity Connected, BB/HS Internet Available, Cable Available, Cable Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s), Fire Sprinkler System, Gated Community
    • Subdivision: ISLAND HARBOR BEACH CLUB SEC 01
    HOA
    • Has HOA: Yes
    • Amenities included: Playground, Fitness Center, Maintenance, Park, Security, Spa/Hot Tub, Dock, Gated, Tennis Court(s), Vehicle Restrictions, Recreation Facilities, Optional Additional Fees
    • HOA fee: $300 monthly
    Location
    • Region: Placida

    Financial & listing details

    • Price per square foot: $517/sqft
    • Tax assessed value: $942,017
    • Annual tax amount: $15,285
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/2/2020Sold$897,000-5.6%$420/sqft
    Source: Public Record Report a problem
    1/23/2020Pending sale$950,000$445/sqft
    Source: PARADISE EXCLUSIVE INC #D5919964 Report a problem
    8/14/2019Price change$950,000-4.5%$445/sqft
    Source: Gasparilla Office #D5919964 Report a problem
    4/20/2019Price change$995,000-9.1%$466/sqft
    Source: Gasparilla Office #D5919964 Report a problem
    5/24/2018Price change$1,095,000-2.7%$512/sqft
    Source: Gasparilla Office #D5919964 Report a problem
    8/23/2017Listed for sale$1,125,000+1260.3%$526/sqft
    Source: PARADISE EXCLUSIVE INC #D5919964 Report a problem
    12/22/2008Sold$82,700$39/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,285 -12.8%$863,942 -13.5%
    2024$17,528 +0.2%$999,034 +6.5%
    2023$17,486 +13%$937,890 +10%
    2022$15,472 -8.5%$852,627 -5.7%
    2021$16,917 +1.2%$904,039 +1.9%
    2020$16,716 -0.5%$887,011 +0.6%
    2019$16,805 +8.6%$882,104 +4.4%
    2018$15,468 $844,648 +0.5%
    2017$15,468 -5.2%$840,535 +16.8%
    2016$16,314 -0.6%$719,794 +10.2%
    2015$16,405 +3.7%$653,071 +10%
    2014$15,817 +41.7%$593,701 +21%
    2013$11,159 +21.3%$490,662 +1.5%
    2012$9,201 +2.3%$483,512
    2011$8,996 -14.4%$483,512 -13.1%
    2010$10,508 +4.7%$556,486 -1.9%
    2009$10,037 $567,010
    Find assessor info on the county website

    Neighborhood: 33946

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Vineland Elementary
    • Middle: L.A. Ainger Middle
    • High: Lemon Bay High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,104,000
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    With Zillow Showcase(estimated)
    $1,126,080