7181 Rum Bay Drive Unit 4222-D, Placida, FL 33946

$70,000
2
BD
2
BA
1,250
SqFt
Sold Price
$70,000
List Price
$80,000
Status
Sold
Days on Market
242
Closing Date
Feb 23, 2022
MLS#
D6118802
Property Style
Condo
Year Built
1989
Bedrooms
2
Bathrooms
2
Living Area
1,250
Lot Size
7,713
Acres
0.18
Total Acreage
0 to less than 1/4
Building Name
4024-D
Monthly Condo Fee
923
Legal Subdivision Name
Club Villas 01 At Palm Island R
Community Name
Club Villas Palm Island
MLS Area Major
Placida

Property Description

Fractional Ownership. Fractional Ownership. Fractional Ownership Opportunity! 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. 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 at the fourth of the price. 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 screened porch. The master suite has its own access to the porch. The bath and dressing area features a large walk-in closet. Learn more about this innovative method of owning real estate. Call today to own a beach condominium and start having memorable vacation experiences, carefree of maintenanc and housekeeping.

Additional Information

Taxes
$26511
Maintenance Includes
Cable TV, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
Condo Fees
$923
Condo Fees Term
Monthly
Community Features
Deed Restrictions, Fitness Center, Gated, Playground, Pool, Tennis Courts, Water Access, Waterfront, Gated Community
Property Description
One Story
Zoning
PD
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Walk-In Closet(s), Window Treatments
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Walk-In Closet(s), Window Treatments
Floor
Carpet, Laminate
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Washer
Utilities
Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Street Lights, Underground Utilities, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Wood Frame
Exterior Features
Lighting, Sliding Doors, Tennis Court(s)
Roof
Metal
Foundation
Stilt/On Piling
Pool
Community
Elementary School
Vineland Elementary
Middle School
L.A. Ainger Middle
High School
Lemon Bay High
Water Extras
Dock - Slip 1st Come
Water Access
Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
Floor Number
1
Flood Zone Code
VE
Parcel ID
412020776001
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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of PALM ISLAND PROPERTIES INC. Selling Office: PALM ISLAND PROPERTIES INC.

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