1 month on rocket

7121 Rum Bay Dr, Placida, FL, 33946

$1,685,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,064 SqFt
$816/SqFt
House
Schools Nearby

Location

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7121 Rum Bay Dr, Grove City-Rotonda$1,685,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Golf Cart Garage, Ground Level, Open, Workshop in Garage
Attached Garage1 space
Year Built2017
HeatingCentral, Electric, Exhaust Fan
CoolingCentral Air
WaterfrontBay
MLS #D6135590
Lot Size0.33 Acres
StatusActive

About 7121 Rum Bay Dr

Don’t miss your opportunity for rare beach elegance! Custom-built in 2017, this is a beautiful home for those who seek beach life with style. Home features 3 bedrooms, 2 baths, located within Palm Island Resort, the gated, golf cart community on Palm Island, Placida, Florida. Boasting impressive craftmanship and attention to detail, the home includes custom cabinetry, crown moldings, soaring ceilings, and great natural light. Complete with hurricane rated doors and windows, and in pristine condition this beach home is well maintained and is move in ready. A Key West walkway around the house leads from front to rear where you can relax on the oversized (12 x 55 ft.) fully screened lanai overlooking a large backyard with an impressive water view of Knights Bay. The open floor plan has an overall tropical feel throughout the grand living room, dining room and bar area and features exotic tiger wood flooring. The gourmet kitchen offers a 48" subzero refrigerator, Conestoga all wood cabinetry, granite countertops, induction oven, drawer microwave and custom bar with storage. The bedrooms all have custom crown molding, oversized closets, and plantation shutters. The primary suite has a massive walk-in closet with enclosures and shelves, and French doors leading to the lanai. A luxury bath and additional closets complete the owners suite. There is a separate laundry room with sink and cabinetry, and for easy access, there is an indoor, enclosed elevator! Under the home is a garage for your golf cart and storage, plus a rinse/outdoor shower. The home is walking distance to the tennis and pickle ball courts, swimming pool, club house, and exercise room and comes with deeded access to the resort's private 2 miles of white sandy beaches, just across the road. Play pickle ball or tennis, take water aerobics, Pilates, or try beach yoga, go kayaking, fishing, boating, ride bikes, go shelling, hit Rum Bay for lunch or dinner (the resort restaurant,) and Coconuts for ice cream (resort store), have a massage, check out Red Beard (resort pirate show), join the nature walk, or go to book club. Bring your friends, family, kids, grandchildren and introduce them to your new fellow islanders. There is something for everyone. The only rules are to relax and have fun. Come live the resort style lifestyle on Palm Island, a beach lovers paradise. Significant size assumable mortgage at extremely attractive fixed rate ”available to qualified buyer … plus insurable property.”

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Elevated
  • Year Built: 2017
  • Living Area: 2,064 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 473-7750
  • Listing Agent: Kevin Mackin

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
  • Flooring Type: Wood
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay
  • Exterior: Balcony, Outdoor Shower, Rain Gutters

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Golf Cart Garage, Ground Level, Open, Workshop in Garage

Virtual/3D Tour

  • Virtual Tour: 7121 Rum Bay Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Exhaust Fan
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lemon Bay High School, Public District Grades 9-12
  • L. A. Ainger Middle School, Public District Grades 6-8
  • Vineland Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South on McCall Road, to right on Placida Road to right on Panama Blvd to car ferry lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,685,000
  • Price Per SqFt: $816/SqFt

HOA Fees:

  • Amount: $1000
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $9,088
  • Tax Year: 2020
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Housing Market Comparison

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

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Grove City-Rotonda, FL

City

Med. Sold Price

$386.5K

Med. Price/SqFt

$236

Avg. Days On Market

70

# of Sold Homes

162

7121 Rum Bay Dr vs Grove City-Rotonda

58 DAYS ON ROCKET

-12 Days

$1,685,000

+$1.2M More

$816/SqFt

+$580 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $580/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: #D6135590

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 473-7750
  • Listing Agent: Kevin Mackin

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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/12/2024, 4:19:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 07, 2021Home Sold
$960,000
May 06, 2015Home Sold
$70,000
Aug 30, 2011Home Sold
$40,000
Jul 10, 2001Home Sold
$195,000
Mar 15, 2000Home Sold
$89,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,088$492,469
2019$8,775$481,397
2018$8,775$472,421
2017$2,375$99,376

History based on county public records data.

Payment Calculator

$8,810

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,118

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.

Elementary School

school-card-donut-10789258
7
/10

  • Vineland Elementary School

  • 467 Boundary Blvd

  • 3.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-10789259
5
/10

  • L. A. Ainger Middle School

  • 245 Cougar Way

  • 3.37 miles

  • Public District Grades 6-8

High School

school-card-donut-10789260
4
/10

  • Lemon Bay High School

  • 2201 Placida Rd

  • 2.56 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7121 Rum Bay Dr

What is the listing price of this property?

The listing price of 7121 Rum Bay Dr property is $1,685,000.

What type of property is this?

The property 7121 Rum Bay Dr is a house located in Placida, Florida, 33946.

Is this property for sale now?

Active Listing: 7121 Rum Bay Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7121 Rum Bay Dr are:
Vineland Elementary School: GreatSchools Rating 7/10
L. A. Ainger Middle School: GreatSchools Rating 5/10
Lemon Bay High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,088 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 7, 2021 for $960,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7121 Rum Bay Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7121 Rum Bay Dr is 2,064 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7121 Rum Bay Dr is 2017.

Rocket Homes›Florida›Sarasota County›Grove City-Rotonda›33946›7121 Rum Bay Dr

This home is located at 7121 Rum Bay Dr in Placida, FL and zip code 33946. This 2,064 square foot home, which was built in 2017, sits on a 0.33 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $1,685,000.

While more than 8 listings in Grove City-Rotonda, FL in April 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 127 were sold below. Between March 2024 and April 2024, Grove City-Rotonda, FL real estate market has seen increase in the number of listings by 4.3%. In April 2024, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $386,572.

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

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