3 months on rocket

7221 Rum Bay Dr Unit 4222C, Placida, FL, 33946

$75,000

Home List Price

$891*

Closing Credit

2 Bedrooms
2 Full Baths
1,262 SqFt
$59/SqFt
Condo
Schools Nearby

Location

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7221 Rum Bay Dr Unit 4222C, Grove City-Rotonda$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1989
HeatingCentral, Electric
CoolingCentral Air
ViewGarden, Pool, Tennis Court, Water
MLS #D6135053
Lot Size0.18 Acres
StatusActive

About 7221 Rum Bay Dr Unit 4222C

Fractional Ownership. This condominium is a quarter-ownership villa. With quarter ownership, an owner owns 6 two-week periods spread throughout the year plus a single week in January. Each year the ownership period adjusts so that 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. Located in an intimate and exclusive vacation community, with access to the full facilities, services and amenities of Palm Island Resort. Enjoy walking and shelling on 7 miles of natural Florida Beach! 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 lanai too. The bath and dressing area features a large walk-in closet. The villa has a new roof, new windows and sliding doors all impact in addition to new luxury laminate flooring throughout with new carpet in the bedrooms, new cabinets in kitchen. Participate int the resorts vibrant tennis or pickle ball programs, use the work out room, book a massage or just collect beautiful shells. The low key island environment is here to recharge and rejuvenate you. Imagine staying in your own island villa for 13 weeks a year! The property is accessible only by boat or car ferry service ensuring tranquility! It's time for you to have some island time!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: PALM ISLAND PROPERTIES INC
  • Office Phone: (941) 697-1445
  • Listing Agent: Lisa Halpin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Carpet, Laminate
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Garden, Pool, Tennis Court, Water
  • Exterior: Balcony, Tennis Court(s)

Virtual/3D Tour

  • Virtual Tour: 7221 Rum Bay Dr Unit 4222C

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • 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: 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. Car ferry access at 2000 Panama Blvd. Cape Haze, Florida 33946. Once across the Intracoastal, exit the car ferry and continue 1 mile and enter Palm Island Resort parking area.

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000
  • Price Per SqFt: $59/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.

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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

7221 Rum Bay Dr Unit 4222C vs Grove City-Rotonda

94 DAYS ON ROCKET

+24 Days

$75,000

-$311.5K Less

$59/SqFt

-$177 Less

KEY TAKEAWAY

This property is $311.5K less than the Median Sold Price and $177/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: #D6135053

Listing Office:

  • Office Name: PALM ISLAND PROPERTIES INC
  • Office Phone: (941) 697-1445
  • Listing Agent: Lisa Halpin

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: 5/19/2024, 11:49:31 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

$1,835

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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-4073737
7
/10

  • Vineland Elementary School

  • 467 Boundary Blvd

  • 3.52 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4073738
5
/10

  • L. A. Ainger Middle School

  • 245 Cougar Way

  • 3.33 miles

  • Public District Grades 6-8

High School

school-card-donut-4073739
5
/10

  • Lemon Bay High School

  • 2201 Placida Rd

  • 2.69 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 most common annual income of people living in Grove City-Rotonda, FL is between $35k-100k. Typical family type is 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 7221 Rum Bay Dr Unit 4222C

What is the listing price of this property?

The listing price of 7221 Rum Bay Dr Unit 4222C property is $75,000.

What type of property is this?

The property 7221 Rum Bay Dr Unit 4222C is a condo located in Placida, Florida, 33946.

Is this property for sale now?

Active Listing: 7221 Rum Bay Dr Unit 4222C is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7221 Rum Bay Dr Unit 4222C are:
Vineland Elementary School: GreatSchools Rating 7/10
L. A. Ainger Middle School: GreatSchools Rating 5/10
Lemon Bay High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 7221 Rum Bay Dr Unit 4222C has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7221 Rum Bay Dr Unit 4222C is 1,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7221 Rum Bay Dr Unit 4222C is 1989.

Rocket Homes›Florida›Sarasota County›Grove City-Rotonda›33946›7221 Rum Bay Dr Unit 4222C

This home is located at 7221 Rum Bay Dr Unit 4222C 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 February 15, 2024 and is currently priced at $75,000.

In April 2024, from all listings sold in Grove City-Rotonda, FL there were more than 8 sold above asking price, over 127 sold below and more than 27 were sold right at the asked price. The number of homes for sale in Grove City-Rotonda, FL increased by 4.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 70 days, the median list price was $386,572.

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

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