14 days on rocket

7486 Palm Island Dr Unit 2422, Placida, FL, 33946

$999,800

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,126 SqFt
$470/SqFt
Condo
Schools Nearby

Location

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7486 Palm Island Dr Unit 2422, Grove City-Rotonda$999,800

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
HeatingCentral
CoolingCentral Air
WaterfrontBeach, Gulf
Private PoolYes
MLS #D6136465
Lot Size0.03 Acres
StatusActive

About 7486 Palm Island Dr Unit 2422

This Gulf Front condo at Palm Island Resort in Southwest Florida offers three bedrooms, a loft with extra sleeping space (comfortably accommodating 10), and three bathrooms, making it a perfect blend of comfort, style, and convenience for a peaceful getaway. Key features include: proximity to the Gulf of Mexico with unobstructed views from nearly every window, Turnkey Furnished – ready for immediate occupancy with minimal wear for a pristine environment. Updated Kitchen – features an expanded layout with raised ceilings, Corian countertops, recessed lighting, crown moldings, and additional bar cabinetry for both function and style. Updated Bathroom Showers in 2024 – bathrooms with raised ceilings and recent renovations, complemented by elegant coastal decor for a soothing environment. Two Balconies – a screened-in balcony on the lower level and another upstairs, both offering expansive, unobstructed views of the shoreline, ideal for sunset viewing and listening to the ocean. Custom Shades – installed on all sliders and windows for added aesthetic, privacy, and light control. Resort Amenities – include private beach access, boat docks, a grilling area, tennis courts, a clubhouse, playgrounds, a fitness center, a restaurant & bar, golf cart rentals, bicycles, kayaks, paddleboards, beach toys, 24-hour security, bell services, mail delivery, parking, and a heated pool/spa. Tranquil Setting – the resort offers a calm atmosphere amidst its many amenities, perfect for unwinding and stepping away from daily life. Overall, this vacation condo is an oasis for those in search of tranquility and rejuvenation in a scenic locale.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 2
  • Living Area: 2,126 SqFt

Listing Office:

  • Office Name: TALL PINES REALTY
  • Office Phone: (941) 475-5015
  • Listing Agent: Jeremy Jones

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Carpet, Ceramic Tile, Laminate
  • Interior: Cathedral Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach, Gulf
  • Exterior: Courtyard, Lighting, Outdoor Grill, Sliding Doors, Tennis Court(s)

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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: SR 775 to Panama Blvd. Car ferry at end of Panama Blvd. Once across the Intracoastal, exit ferry and continue 1 mile and enter Palm Island Resort parking lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,800
  • Price Per SqFt: $470/SqFt

HOA Fees:

  • Amount: $0
  • 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

7486 Palm Island Dr Unit 2422 vs Grove City-Rotonda

14 DAYS ON ROCKET

-56 Days

$999,800

+$613.2K More

$470/SqFt

+$234 More

KEY TAKEAWAY

This property is $613.2K more than the Median Sold Price and $234/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: #D6136465

Listing Office:

  • Office Name: TALL PINES REALTY
  • Office Phone: (941) 475-5015
  • Listing Agent: Jeremy Jones

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: 5/28/2024, 11:49:32 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

$5,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,064

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-4255632
7
/10

  • Vineland Elementary School

  • 467 Boundary Blvd

  • 3.58 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4255633
5
/10

  • L. A. Ainger Middle School

  • 245 Cougar Way

  • 3.40 miles

  • Public District Grades 6-8

High School

school-card-donut-4255634
5
/10

  • Lemon Bay High School

  • 2201 Placida Rd

  • 3.13 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. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7486 Palm Island Dr Unit 2422

What is the listing price of this property?

The listing price of 7486 Palm Island Dr Unit 2422 property is $999,800.

What type of property is this?

The property 7486 Palm Island Dr Unit 2422 is a condo located in Placida, Florida, 33946.

Is this property for sale now?

Active Listing: 7486 Palm Island Dr Unit 2422 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7486 Palm Island Dr Unit 2422 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 7486 Palm Island Dr Unit 2422 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7486 Palm Island Dr Unit 2422 is 2,126 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7486 Palm Island Dr Unit 2422 is 1984.

Rocket Homes›Florida›Sarasota County›Grove City-Rotonda›33946›7486 Palm Island Dr Unit 2422

This home is located at 7486 Palm Island Dr Unit 2422 in Placida, FL and zip code 33946. This 2,126 square foot home, which was built in 1984, sits on a 0.03 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $999,800.

In April 2024 more than 8 listings in Grove City-Rotonda, FL were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 127 were sold below. The inventory of homes for sale in Grove City-Rotonda, FL between March 2024 and April 2024 increased by 4.3%. 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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