7221 Rum Bay Drive Unit 4224B, Placida, FL 33946

$50,000
2
BD
2
BA
1,262
SqFt
Sold Price
$50,000
List Price
$50,000
Status
Sold
Days on Market
46
Closing Date
Aug 21, 2023
MLS#
D6130883
Property Style
Condo
Architectural Style
Colonial
Year Built
1989
Bedrooms
2
Bathrooms
2
Living Area
1,262
Building Name
42
Monthly Condo Fee
990
Legal Subdivision Name
Club Villas Palm Island
Community Name
Club Villas Palm Island
MLS Area Major
Placida

Property Description

Fractional Ownership. Fractional Ownership Opportunity. A great way to own in paradise! Own this unique offering in a private resort community. Enjoy 7 miles of natural Florida Beach. With quarter ownership, an owner owns 6 two week periods spread throughout the year plus a single week in January. 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. Enjoy access to all the 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. Learn more about this innovative method of owning real estate. These condominiums are under repair What a great way to own an island home. This villa is under repairs from Ian, new roofs, new windows and sliding doors in addition to new luxury laminate flooring throughout with new carpet in the bedrooms.

Additional Information

Taxes
$37568
HOA Payment Schedule
Quarterly
Maintenance Includes
Guard - 24 Hour, Pool, Electricity, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management
Condo Fees
$2970
Condo Fees Term
Quarterly
Location
Landscaped
Community Features
Fishing, Fitness Center, Gated, Golf Carts OK, Playground, Pool, Tennis Courts, Water Access, No Deed Restriction, Gated Community
Interior Layout
Living Room/Dining Room Combo, Master Bedroom Upstairs, Open Floorplan, Walk-In Closet(s), Window Treatments
Interior Features
Living Room/Dining Room Combo, Master Bedroom Upstairs, Open Floorplan, Walk-In Closet(s), Window Treatments
Floor
Carpet, Vinyl
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
Public
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Vinyl Siding, Wood Frame
Exterior Features
Balcony, Outdoor Grill, Tennis Court(s)
Roof
Metal
Foundation
Stilt/On Piling
Pool
Community
Water Name
Gulf Of Mexico/Knight Bay
Water Extras
Bridges - No Fixed Bridges, Dock - Slip 1st Come
Water Access
Gulf/Ocean to Bay
Pets
Not allowed
Floor Number
2
Flood Zone Code
ae
Parcel ID
412020776001B
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

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Term of Loan
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Calculator source: Real Geeks

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

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