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7201 Rum Bay Drive Unit 4113A

PLACIDA, FL 33946

2 beds
2 baths
1,262 sqft
7,713 sqft lot
$34 per sqft
1989 build
– on site

Fractional Ownership. Enjoy 7 miles of natural Florida Beach! This condominium is a quarter-ownership villa. With quarter ownership, an owner owns 6 two week periods spread throughout the year plus a single week in January. Each year the ownership period adjusts so that over a four year period each owner has access to all 52 weeks. The maintenance of the property is done through an on-site management company. Located in an intimate and exclusive vacation community, with access to the full facilities, services and amenities of Palm Island Resort. The villa features a wide-open living room and entertainment area leading directly to a full large screened porch. The main suite has access to the linai too. The bath and dressing area features a large walk-in closet. Enjoy the sun, sand and the island life! All the repairs from hurricane Ian damages are complete; new roofs, new windows and sliding doors in addition to new luxury laminate flooring throughout with new carpet in the bedrooms, new cabinets in kitchen, so it will be like new for you. Quarter ownership provides each owner a full warranty deed for a villa at the beach which can then be used for a quarter of the year for less than a quarter of the price. A great easy way to own an island home.

Listing courtesy of STELLAR_MLS / PALM ISLAND PROPERTIES INC

Last checked: Checking… • Last updated Apr 24, 2024 •

MLS# D6129446 —

The Building

Year Built:

1989
New Construction:

false
Construction Materials:

Vinyl Siding
Building Area Total:

1262
Levels:

One
Stories Total:

2
Unit Number:

4113A
Floor Number:

1
Roof:

Metal
Foundation Details:

Stilt/On Piling

Interior

Interior Features:

Open Floorplan
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1262
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

I-75 South, Exit 191 From north, turn right onto River Road, continue approximately 7 miles make a left on Pine Street and continue for 7 more miles to Panama Blvd-- From South via- I-75, Exit 170 Kings Highway- Turn left then, turn Right onto Veteran’s Boulevard/ SR-776. GPS Address: 2000 Panama Blvd. Cape Haze, Florida 33946 for boarding the Car Ferry --Once across the Intracoastal, exit the car ferry and continue straight to the end and enter Palm Island Resort parking lot approximately 1 mile
Latitude:

26.888393
Longitude:

-82.332766
Coordinates:

-82.332766, 26.888393

The Property

Parcel Number:

412020776001
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:

Sliding Doors
Water Source:

Public
Road Surface Type:

Gravel
Flood Zone Code:

ae
Homestead:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

41
Tax Block:

A
Tax Annual Amount:

37567.79
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/D6129446
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

3%

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Other

Appliances

Appliances:

Dishwasher

The Community

Subdivision Name:

CLUB VILLAS 01 AT PALM ISLAND R
Senior Community:

false
Community Features:

Fitness Center
Water View:

false
Water Access:

Gulf/Ocean to Bay
Water Access:

true
Waterfront:

false
Pool Private:

false
Pets Allowed:

No
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

$44,000

Expense	Monthly cost
Mortgage	$235
Taxes	$3,130
Insurance	$12
HOA fees	$1,393
Utilities	$119 See report
Total	$4,889/mo.^*
	^*This is an estimate

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Xfinity

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Sale history

Date	Event	Source	Price	% Change
4/24/24 Apr 24, 2024	Price Changed	STELLAR_MLS	$44,000	-8.3%
2/20/24 Feb 20, 2024	Price Changed	STELLAR_MLS	$48,000	-17.2%
1/14/24 Jan 14, 2024	Price Changed	STELLAR_MLS	$58,000	-15.9%

Condo For Sale

$44,000

HOA

$1,393/mo.

Cost Est.

$4,889/mo.

Price drop −$4,000

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This condo located in FL 33946 is currently for sale for $44,000. 7201 Rum Bay Drive Unit 4113A is a 1,262 square foot condo with 2 beds and 2 baths that has been on Estately for 424 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 PALM ISLAND PROPERTIES 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.