7221 Rum Bay Drive, Unit 4224A

Englewood, FL 34224

$50,000
Price
2
Beds
2
Baths
1,262 Sq. Ft.
$40 / Sq. Ft.
1,262
Sq. Ft.
$40
per Sq. Ft.

Description

Fractional Ownership. Fractional Ownership Opportunity. 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...Fractional Ownership. Fractional Ownership Opportunity. 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. What a great way to own an island home. This villa since Ian has new roofs, new windows and sliding doors in addition to new luxury laminate flooring throughout with new carpet in the bedrooms. This is a second floor villa and included a golf cart.
  1. Listed by Lisa Halpin • PALM ISLAND PROPERTIES INC

Property Details for 7221 Rum Bay Drive, Unit 4224A

Architectural Style
Coastal, Cottage
Subdivision Name
CLUB VILLA O1 AT PALM ISLAND RESORT
Waterfront
No

Location

Listing Courtesy of PALM ISLAND PROPERTIES INC, Lisa Halpin
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LISTING UPDATED: 04/21/2024 08:22 AM

Property Details for 7221 Rum Bay Drive, Unit 4224A

StatusPending
MLS #D6130882
Days on Market180
Taxes$37,568 / year
HOA Fees-
Condo/Co-op Fees$4,179 / quarter
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1989
CountyCharlotte County

Location

Listing Courtesy of PALM ISLAND PROPERTIES INC, Lisa Halpin
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Building Information for 7221 Rum Bay Drive, Unit 4224A

Building/Complex7221 Rum Bay DrFloor-Stories2Residences-Pet Policy-Year Built1989

Payment Calculator

$4,797 per month

30 year fixed, 7.25% Interest

Principal and Interest

$273

Property Taxes

$3,131

HOA Dues

$1,393

The Payment Calculator is for illustrative purposes only.

Property Information for 7221 Rum Bay Drive, Unit 4224A

Summary
Location and General Information
  • Building Area Source: Owner
  • Building Area Total: 1262.0
  • Building Area Units: Square Feet
  • Building Name Number: 42
  • Community Features: Fitness, Golf Carts OK, Playground, Pool, Restaurant, Tennis Courts
  • Direction Faces: East
  • 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 Highway- Turn left then, turn Right onto Veteran’s Boulevard/ SR-776. GPS Address: 2000 Panama Blvd. Cape Haze, Florida 33946 for boarding the Car Ferry --Once across the Intracoastal, exit the car ferry and continue straight to the end and enter Palm Island Resort parking lot approximately 1 mile
  • Floor Number: 1
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Club Villas Palm Island
  • Unit Number: No
  • Street Number: 7221
  • Street Name: RUM BAY
  • Street Suffix: DRIVE
  • Unit Number: 4224A
  • State: FL
  • City: PLACIDA
Parking
  • Available For Lease: No
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Fee Includes: 24-Hour Guard, Community Pool, Electricity, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Sewer, Trash, Water
  • Association Fee Requirement: Required
  • Association Name: Holly Carr
  • Association Phone: 9416621304
  • Association: Yes
  • CDD: No
  • Condo Land Included: No
  • Montly Maint Amt Addition To HOA: $0
  • Tax Legal Description: CVL 000 0040 4011 CLUB bILLAS i AT PALM ISLAND RESORT BLDG 40 UNITS 4011 4013 4022 4024 BLDG 41UNITS 4111 4113 4122 4124 BLDG42 UNITS 4211 4213 4222 4224 3665/871
  • Tax Lot: 42
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 421020776001
  • Water Access: No
  • Water Body Name: GULF OF MEXICO/KNIGHT BAY
  • Water Extras: No
  • Living Area: 1262
  • Property Info: Corner Unit
Property and Assessments
  • Year Built Numeric: 1989
  • Flood Zone Code: ae
  • Homestead: No
  • New Construction: No
  • Property Description: Corner Unit
  • Dock Description: Dock - Slip 1st Come
Utilities
  • Sewer: Private Sewer
  • Utilities: Public, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Exterior Features: Balcony, Outdoor Grill, Tennis Court(s)
  • Foundation Details: Stilt/On Piling
  • Levels: One
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Pool: Community
  • Pool Private: Yes
  • Roof: Metal
  • Vegetation: Trees/Landscaped
  • Waterfront Feet Total: 0
  • Number Of Stories: 2
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 2
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Heating: Electric
  • Interior Features: Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Room Count: 5.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 13x28
  • Room Flooring 1: Laminate
  • Room Length 1: 28.0
  • Room Level 1: First
  • Room Type 1: Living Room
  • Room Width 1: 13.0
Room 2
  • Room Dimensions 2: 12x15
  • Room Flooring 2: Carpet
  • Room Length 2: 15.0
  • Room Level 2: First
  • Room Type 2: Primary Bedroom
  • Room Width 2: 12.0
Room 3
  • Room Dimensions 3: 12x12
  • Room Flooring 3: Carpet
  • Room Length 3: 12.0
  • Room Level 3: First
  • Room Type 3: Bedroom 2
  • Room Width 3: 12.0
Room 4
  • Room Dimensions 4: 10x25
  • Room Flooring 4: Wood
  • Room Length 4: 25.0
  • Room Level 4: First
  • Room Type 4: Balcony/Porch/Lanai
  • Room Width 4: 10.0
Room 5
  • Room Dimensions 5: 10x10
  • Room Flooring 5: Laminate
  • Room Length 5: 10.0
  • Room Level 5: First
  • Room Type 5: Kitchen
  • Room Width 5: 10.0
Rental
Rental Information
  • Pets Allowed: No

Property History for 7221 Rum Bay Drive, Unit 4224A

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7221 Rum Bay Drive, Unit 4224A

This home is within Charlotte.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Vineland Elementary School
PublicPK to 5

L. A. Ainger Middle School
Public6 to 8

Lemon Bay High School
Public9 to 12

The Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PALM ISLAND PROPERTIES INC, Lisa Halpin

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.