7 months on rocket

7512 Palm Island Dr S Unit 1122, Placida, FL, 33946

$899,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,568 SqFt
$573/SqFt
Condo

Location

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7512 Palm Island Dr S Unit 1122, Grove City-Rotonda$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1983
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBeach
MLS #D6135900
Lot Size0.03 Acres
StatusActive

About 7512 Palm Island Dr S Unit 1122

Welcome to your slice of paradise at Palm Island Resort, where luxury meets laid-back island living. Nestled between Manasota Key and Boca Grande, “Palm Island” offers private beaches filled with colorful shells & sharks teeth and leaves the hustle & bustle of the world behind. Access to the island is via private car ferry which ushers you across the intracoastal waterway in approx. 3 minutes! Once in the boundaries of the resort, travel continues via golf cart for an added touch of laid-back island vibes. This stunning condo offers endless views of the sparkling waters of the Gulf of Mexico. Boasting 3 bedrooms and 3 baths, with an additional loft providing extra sleeping space, this condo is perfect for both intimate getaways and family vacations. Step onto one of the two private porches and be greeted by breathtaking sunset views, providing the perfect backdrop for relaxation and tranquility. Recently remodeled and updated with comfortable coastal finishes, this condo exudes modern elegance while maintaining the charm of island living. Imagine waking up to the sound of waves crashing and the gentle sea breeze rustling through the palm trees. Palm Island Resort offers an array of amenities to enhance your experience, including tennis courts, a pool and spa, a clubhouse, and the renowned Rum Bay Restaurant serving up delicious island cuisine. Water sport rentals allow you to explore the crystal-clear waters, while a fitness facility keeps you active and energized. Treat yourself to a scoop of ice cream at "Coconuts" to be enjoyed on a bike or golf cart ride around the island. Whether you're seeking adventure or relaxation, Palm Island Resort offers the perfect blend of luxury and leisure for your ultimate getaway.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1983
  • Stories: 2
  • Living Area: 1,568 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach
  • Exterior: Irrigation System, Lighting, Sliding Doors

Lot Features

Lot Information:

  • Lot: Flood Zone
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: from 776 take Placida Rd. to Panama Blvd. Car ferry to island. N. Gulf Blvd. into parking lot of Palm Island Resort.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $573/SqFt

HOA Fees:

  • Amount: $2887
  • 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

7512 Palm Island Dr S Unit 1122 vs Grove City-Rotonda

223 DAYS ON ROCKET

+142 Days

$899,000

+$518.9K More

$573/SqFt

+$344 More

KEY TAKEAWAY

This property is $518.9K more than the Median Sold Price and $344/SqFt more 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: #D6135900

Listing Office:

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

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: 11/21/2024, 10:49:48 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

$5,516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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-455179
7
/10
  • Vineland Elementary School

  • 467 Boundary Blvd

  • 3.58 miles

  • Public District Grades PK-5

school-card-donut-455180
6
/10
  • Englewood Elementary School

  • 150 N McCall Rd

  • 6.14 miles

  • Public District Grades PK-5

school-card-donut-455181
7
/10
  • Myakka River Elementary School

  • 12650 Willmington Blvd

  • 7.08 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. Residents of Grove City-Rotonda, FL typically earn between $35k-100k each year. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7512 Palm Island Dr S Unit 1122

What is the listing price of this property?

The listing price of 7512 Palm Island Dr S Unit 1122 property is $899,000.

What type of property is this?

The property 7512 Palm Island Dr S Unit 1122 is a condo located in Placida, Florida, 33946.

Is this property for sale now?

Active Listing: 7512 Palm Island Dr S Unit 1122 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7512 Palm Island Dr S Unit 1122 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7512 Palm Island Dr S Unit 1122 is 1,568 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7512 Palm Island Dr S Unit 1122 is 1983.

Rocket HomesFloridaSarasota CountyGrove City-Rotonda339467512 Palm Island Dr S Unit 1122

This home is located at 7512 Palm Island Dr S Unit 1122 in Placida, FL and zip code 33946. This 1,568 square foot home, which was built in 1983, sits on a 0.03 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $899,000.

In October 2024 more than 9 listings in Grove City-Rotonda, FL were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 58 were sold below. 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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