11 months on rocket

7181 Rum Bay Dr Unit 4022A, Placida, FL, 33946

$52,000

Home List Price

$618*

Closing Credit

2 Bedrooms
2 Full Baths
1,262 SqFt
$41/SqFt
Condo

Location

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7181 Rum Bay Dr Unit 4022A, Grove City-Rotonda$52,000

Buyer Closing Credits

$618*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1989
HeatingCentral, Electric
CoolingCentral Air
WaterfrontCanal
ViewPool, Trees/Woods, Water
MLS #D6133637
Lot Size0.18 Acres
StatusActive

About 7181 Rum Bay Dr Unit 4022A

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. 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 almost 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 and cabinets. The unit is now basically brand new. Schedule to have your showing soon! Recreational and beach items may be available separately or negotiated. Come own a fractional share of Paradise!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 2
  • Living Area: 1,262 SqFt

Listing Office:

  • Office Name: PARADISE EXCLUSIVE INC
  • Office Phone: (941) 698-0303
  • Listing Agent: Deena Wolley

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range
  • Flooring Type: Carpet, Laminate, Luxury Vinyl, Vinyl
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal
  • View: Pool, Trees/Woods, Water
  • Exterior: Lighting, Outdoor Grill, Tennis Court(s)

Virtual/3D Tour

  • Virtual Tour: 7181 Rum Bay Dr Unit 4022A
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Placida Rd in Englewood to Panama Blvd. Palm Island Transit car ferry is located at the end of the road. Agent will assist with island access.

Price Information

Listing Price Info

Price Summary:

  • List Price: $52,000
  • Price Per SqFt: $41/SqFt

HOA Fees:

  • Amount: $4179
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Grove City-Rotonda, FL.

Med. Sold Price

$380K

Med. Price/SqFt

$229

Avg. Days On Market

81

# of Sold Homes

85

7181 Rum Bay Dr Unit 4022A vs Grove City-Rotonda

350 DAYS ON ROCKET

+269 Days

$52,000

-$328K Less

$41/SqFt

-$188 Less

KEY TAKEAWAY

This property is $328K less than the Median Sold Price and $188/SqFt less than other homes in Grove City-Rotonda, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #D6133637

Listing Office:

  • Office Name: PARADISE EXCLUSIVE INC
  • Office Phone: (941) 698-0303
  • Listing Agent: Deena Wolley

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 5:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,720

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$222

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-516286
7
/10
  • Vineland Elementary School

  • 467 Boundary Blvd

  • 3.50 miles

  • Public District Grades PK-5

school-card-donut-516287
6
/10
  • Englewood Elementary School

  • 150 N McCall Rd

  • 5.48 miles

  • Public District Grades PK-5

school-card-donut-516288
7
/10
  • Myakka River Elementary School

  • 12650 Willmington Blvd

  • 7.03 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,711. Most Grove City-Rotonda, FL residents have annual incomes between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7181 Rum Bay Dr Unit 4022A

What is the listing price of this property?

The listing price of 7181 Rum Bay Dr Unit 4022A property is $52,000.

What type of property is this?

The property 7181 Rum Bay Dr Unit 4022A is a condo located in Placida, Florida, 33946.

Is this property for sale now?

Active Listing: 7181 Rum Bay Dr Unit 4022A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7181 Rum Bay Dr Unit 4022A has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7181 Rum Bay Dr Unit 4022A is 1,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7181 Rum Bay Dr Unit 4022A is 1989.

Rocket Homes›Florida›Sarasota County›Grove City-Rotonda›33946›7181 Rum Bay Dr Unit 4022A

This home is located at 7181 Rum Bay Dr Unit 4022A in Placida, FL and zip code 33946. This 1,262 square foot home, which was built in 1989, sits on a 0.18 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 01, 2023 and is currently priced at $52,000.

In October 2024, from all listings sold in Grove City-Rotonda, FL there were more than 9 sold above asking price, over 58 sold below and more than 18 were sold right at the asked price. Between September 2024 and October 2024, Grove City-Rotonda, FL real estate market has seen increase in the number of listings by 5.5%. While the average time on the market in October 2024 was 81 days, the median list price was $380,008.

From Rocket Homes Real Estate and based on county public records data.

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