Sold for $390,000

$390,000

7442 PALM ISLAND DRIVE #3612, PLACIDA, FL 33946

2beds

1,048sqft

Condominium

Built in 1986

-- sqft lot

$265,100 Zestimate^®

$372/sqft

$5,500 Estimated rent

Home value

$265,100

$215,000 - $318,000

$5,500/mo

Zestimate^® history

Owner options

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$5,500/mo

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$5,500/mo

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$4,151/mo

Est. payment

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$4,151/mo

Est. payment

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What's special

An amazing opportunity. This condo on the Gulf has the work covered by the association completed. Walls need to be textured and painted. Wall color, the counter tops and cabinets, flooring, and add appliances. The main bedroom has a Gulf view and sliders to the porch. Both bedrooms have their own bathrooms with some of the work done is done for you. Gulf side bathrooms has sink, toilet and tub enclosure, other bath has toilet and tub enclosure, both have new tile. Kitchen and entry also have new tile. Customized the rest to suit your own taste and budget. Building has new roof since Ian. Located in Palm Island Resort property with access to all the amenities. Book a massage, play tennis or pickleball, relax in the pool or take a fitness class. Enjoy Rum Bay Restaurant and Coconuts Cafe on property. This is a golf cart community located on a barrier island accessible only by car ferry or your own boat, paradise no place else.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Built-in Closet
Level: First
Dimensions: 12.5x11

Bedroom 2

Features: Built-in Closet
Level: First
Dimensions: 10x13

Balcony porch lanai

Level: First
Dimensions: 8.5x10

Balcony porch lanai

Level: First
Dimensions: 15x8

Kitchen

Level: First
Dimensions: 10x10

Living room

Level: First
Dimensions: 11x18

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: None

Features

Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan
Flooring: Other
Doors: Sliding Doors
Has fireplace: No

Interior area

Total structure area: 1,048
Total interior livable area: 1,048 sqft

Property

Features

Levels: One
Stories: 1
Exterior features: Tennis Court(s)
Has view: Yes
View description: Gulf/Ocean - Full
Has water view: Yes
Water view: Gulf/Ocean - Full
Waterfront features: Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access, Bridges - No Fixed Bridges
Body of water: GULF OF MEXICO

Lot

Size: 1,306 Square Feet

Details

Parcel number: 412031651042
Zoning: PD
Special conditions: None

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Vinyl Siding, Wood Frame
Foundation: Raised
Roof: Metal

Condition

New construction: No
Year built: 1986

Utilities & green energy

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

Community & HOA

Community

Features: Fitness Center, Golf Carts OK, Playground, Pool, Restaurant
Pet fee: $0 monthly
Subdivision: BEACH VILLAS BLDG 36

HOA

Has HOA: Yes
Services included: 24-Hour Guard, Community Pool, Maintenance Grounds, Manager, Pool Maintenance, Trash
HOA fee: $1,530 monthly
HOA name: Rob Brown
HOA phone: 941-662-1304

Location

Region: Placida

Financial & listing details

Price per square foot: $372/sqft
Tax assessed value: $46,767
Annual tax amount: $2,128
Date on market: 11/24/2023
Cumulative days on market: 8 days
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Gravel

Price history

Date	Event	Price
1/10/2024	Sold	$390,000-1.3%$372/sqft
Source: Stellar MLS #D6133506 Report a problem
12/7/2023	Pending sale	$395,000$377/sqft
Source: Stellar MLS #D6133506 Report a problem
12/6/2023	Listed for sale	$395,000$377/sqft
Source: Stellar MLS #D6133506 Report a problem
12/1/2023	Pending sale	$395,000$377/sqft
Source: Stellar MLS #D6133506 Report a problem
11/24/2023	Listed for sale	$395,000+17.2%$377/sqft
Source: Stellar MLS #D6133506 Report a problem
5/29/2001	Sold	$337,000$322/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,752 -77.4%	$46,767 -85.9%
2024	$7,745 +264%	$330,798 +633.3%
2023	$2,128 -63.7%	$45,109 -83.5%
2022	$5,861 +7.2%	$273,386 +10%
2021	$5,468 -2.8%	$248,533 -2.8%
2020	$5,625 +3.5%	$255,660 +5.5%
2019	$5,433 +2.1%	$242,298 -1.8%
2018	$5,323	$246,752 +1.8%
2017	$5,323 +7.2%	$242,298 +11.4%
2016	$4,967 +5.4%	$217,534 +10%
2015	$4,714 +9.5%	$197,758 -13%
2014	$4,306 +7.2%	$227,205 +5.4%
2013	$4,016 -0.7%	$215,645 -6%
2012	$4,044 -8.6%	$229,337
2011	$4,424 +12.4%	$229,337 +10%
2010	$3,937 -22.1%	$208,488 -27%
2009	$5,056	$285,600