1 of 36

7181 Rum Bay Drive Unit 4024C

PLACIDA, FL 33946

2 beds
2 baths
1,262 sqft
7,713 sqft lot
$44 per sqft
1989 build
– on site

Fractional Ownership. FRACTIONAL OWNERSHIP in PARADISE! 2 bedroom, 2 bathroom, fully equipped condominium in the sought after, private Palm Island Resort's Club Villas. This second floor, corner unit has beautiful views of the island and the canal. It is also next to a vacant lot for added privacy and quiet. You can see a small view of the Gulf of Mexico across the way. Enjoy 13 weeks a year, on a rotating schedule that begins with one week in January, and then 2 weeks every 6 weeks. The rotation assures that over the course of 4 years, each fractional owner will have had the experience to be on resort every week of the year. You have access to the amenities all year long, so you will always feel at home. You have 7 miles of beautiful sandy beach to enjoy. The sharks teeth and multiple shell offerings are in abundance as you walk and enjoy the beautiful aqua waters of the Gulf of Mexico. Fishing, boating, tennis, pickle ball, community heated pool and spa, fitness center, fitness classes such as water aerobics and yoga, massages, social activities. There is a restaurant and bar, ice cream shop and recreational rentals. A concierge to help you find mainland activities. Bellmen to help get you from the parking lot to your unit. Palm Island Resort is accessible by a 4 minute car ferry ride. In keeping with the natural island feel, gas powered vehicles & all cars, are not allowed inside the resort, except for certain instances. Your fees include taxes, insurances, reserves, utilities, major appliances, major furniture, manager. Your only separate expense is the cleaning of the unit after your stay. The unit did have some extensive damage from Hurricane Ian, but is 99% complete with its rebuilding and repairs. It has a brand new metal roof, new sliders, new windows, new flooring throughout, new carpeting in the bedrooms, new private storage locker in the laundry room. The kitchen has new countertops, cabinets and appliances. The unit is now basically brand new. Even the furniture and mattresses are brand new. Schedule to have your showing soon! Come own a fractional share of Paradise in sunny south west Florida!! Agent will assist with transportation to the island.

Listing courtesy of STELLAR_MLS / PARADISE EXCLUSIVE INC

Last checked: Checking… • Last updated Feb 17, 2024 •

MLS# D6135078 —

The Building

Year Built:

1989
New Construction:

false
Construction Materials:

Vinyl Siding
Building Area Total:

1262
Common Walls:

Corner Unit
Levels:

One
Stories Total:

2
Unit Number:

4024C
Floor Number:

2
Building Elevator:

false
Roof:

Metal
Foundation Details:

Pillar/Post/Pier
Window Features:

Impact Glass/Storm Windows
Security Features:

Fire Sprinkler System

Interior

Interior Features:

Ceiling Fans(s)
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1262
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Placida Rd Englewood, FL to 2000 Panama Blvd to meet car and passenger ferry at end of road. Discuss logistics with agent.
Latitude:

26.8885
Longitude:

-82.3329
Coordinates:

-82.3329, 26.8885

The Property

Parcel Number:

412020776001/4024C
Property Type:

Residential
Property Sub Type:

Condominium
Lot Size Acres:

0.18
Lot Size Square Feet:

7713
Lot Size Area:

7713
Lot Size Units:

Square Feet
Zoning:

PD
Direction Faces:

East
Exterior Features:

Balcony
Water Source:

Private
Road Surface Type:

Dirt
Flood Zone Code:

9AE
Homestead:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

4224C
Tax Block:

A
Tax Annual Amount:

40294.72
Tax Legal Description:

CVL 000 0040 4011 CLUB VILLAS I AT PALM ISLAND RESORT BLDG 40 UNITS 4011 4013 4022 4024 BLDG 41 UNITS 4111 4113 4122 4124 BLDG 42 UNITS 4211 4213 4222 4224 3655/871

Beds

Bedrooms Total:

2

Baths

Bathrooms Total:

2
Bathrooms Total:

2
Bathrooms Full:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/D6135078
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Private Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

Laundry Room

Schools

Elementary School:

Vineland Elementary
Middle Or Junior School:

L.A. Ainger Middle
High School:

Lemon Bay High

The Community

Subdivision Name:

CLUB VILLAS 01 AT PALM ISLAND R
Senior Community:

false
Community Features:

Boat Slip
Water View:

Canal
Water View:

true
Water Access:

Canal - Brackish
Water Access:

true
Water Extras:

No Wake Zone
Waterfront:

false
Waterfront Features:

Canal Front
Spa:

true
Spa Features:

Heated
Pool Private:

false
Pool Features:

Gunite
Pets Allowed:

No
Association Amenities:

Maintenance
Association:

true
Association Fee:

4179
Association Fee Frequency:

Quarterly
Association Fee Includes:

24-Hour Guard
Association Fee Requirement:

Required
Monthly HOA Amount:

1393
Ownership:

Fractional

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$56,000

Expense	Monthly cost
Mortgage	$299
Taxes	$3,357
Insurance	$15
HOA fees	$1,393
Utilities	$119 See report
Total	$5,183/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
2/16/24 Feb 16, 2024	Listed / Active	STELLAR_MLS	$56,000

Condo For Sale

$56,000

HOA

$1,393/mo.

Cost Est.

$5,183/mo.

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This condo located in FL 33946 is currently for sale for $56,000. 7181 Rum Bay Drive Unit 4024C is a 1,262 square foot condo with 2 beds and 2 baths that has been on Estately for 78 days. This condo is in the attendance area of Lemon Bay High School, L. A. Ainger Middle School, and Vineland Elementary School.

Listing Courtesy of: STELLAR_MLS and PARADISE EXCLUSIVE INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.