Price Reduction
Address
7201 Rum Bay DRIVE #4113A, PLACIDA, FL
Price
$ 44,000
Property Attributes
  • MLS#D6129446
  • TypePending
  • CountyCHARLOTTE
  • CityPLACIDA
  • AreaPlacida
  • NeighborhoodClub Villas 01 At Palm Island R
  • Zip33946
  • StyleCondominium
  • Year Built1989
  • Taxes$ 37567
  • Price$ 44,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1262
  • Lot Size7,841 SqFt
Data Source:
Stellar MLS
Property Description

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.

Price History
3/6/2023 Listed $75,000
9/29/2023 2% - $74,000
12/19/2023 7% - $69,000
1/15/2024 16% - $58,000
2/20/2024 18% - $48,000
4/25/2024 9% - $44,000

General Features

Interior Features Open Floorplan,Walk-In Closet(s),Window Treatments
Sewer Other
Heating Electric
Cooling Central Air
Utilities Public
Roof Metal
Appliances Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Washer
Exterior Features Sliding Doors
Zoning PD
HOA 4179
Association Fee Includes 24-Hour Guard,Insurance,Maintenance Structure,Maintenance Grounds,Maintenance Repairs,Manager,Pest Control
Construction Materials Vinyl Siding,Wood Frame
Pets Allowed No
Year Built 1989
Levels One
Unit Number 4113A
Property SubType Condominium
Tax Year 2022
Percent Ownership Fractional
Community Features Fitness Center,Golf Carts OK,Playground,Pool,Restaurant,Tennis Court(s)
Assoc Fee Paid Per Quarterly
County Charlotte
New Construction No
Property Type Residential
HOA / Comm Assn Yes
Subdivision Name CLUB VILLAS 01 AT PALM ISLAND R
Facing Direction East
Garage Y/N No
Total Rooms 5
Status Pending
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
City PLACIDA
Buyer Agent Compensation 3%
Senior Community Y/N No
MLS Area 33946 - Placida
Lot Size Square Feet 7713
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Rum Bay
Listing Terms Cash
Tax Annual Amount 37567.79
Public Remarks 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
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/D6129446
Days on Market 421
Standard Status Pending
Tax Lot 41
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
Water Access Type Gulf/Ocean to Bay
Water Access Y/N Yes
Monthly HOA Amount 1393
Water View Y/N No

Interior Features

Flooring Carpet,Ceramic Tile,Laminate
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Street Suffix DRIVE
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 7713
Foundation Details Stilt/On Piling
Building Area Total 1262
Lot Size Acres 0.18
Road Surface Type Gravel
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33946

Price
AVG $440K
$40K
Taxes
AVG $4,123
$37,567
Visits
AVG 409
184
Data Provided by Inside Real Estate®
Year Built
AVG 2007
1989

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