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7221 RUM BAY DR #4224-C Placida, FL 33946
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Key Details
Sold Price $19,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,048 sqft
Price per Sqft $18
Subdivision Club Villas Of Palm Island
MLS Listing ID D6111478
Sold Date 08/06/20
Bedrooms 2
Full Baths 2
Condo Fees $2,320
Construction Status No Contingency
HOA Y/N No
Year Built 1988
Annual Tax Amount $4,250
Property Description
Fractional Ownership. Fractional Ownership Opportunity! 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 adjust 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. 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 at the fourth of the price. Located in an intimate and exclusive vacation community, with access to the full facilities, services and amenities of Palm Island Resort. The villa features a wide-open living room and entertainment area leading directly to a full screened porch. The master suite has its own access to the porch. The bash and dressing area features a large walk-in closet. Learn more about this innovative method of owning real estate. Call today to own a beach condominium and start having memorable vacation experiences, carefree of maintenance and housekeeping.
Location
State FL
County Charlotte
Community Club Villas Of Palm Island
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Vinyl
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Outdoor Grill
Pool Gunite, Heated, In Ground
Community Features Deed Restrictions, Fitness Center, Gated, Golf Carts OK, Playground, Pool, Tennis Courts, Water Access
Utilities Available Cable Available, Electricity Connected, Water Connected
Waterfront false
Water Access 1
Water Access Desc Beach - Private,Gulf/Ocean,Intracoastal Waterway
View Tennis Court
Roof Type Metal
Garage false
Private Pool No
Building
Lot Description Private
Story 1
Entry Level One
Foundation Stilt/On Piling
Sewer Public Sewer
Water Public
Architectural Style Elevated, Florida, Key West
Structure Type Vinyl Siding,Wood Frame
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Vineland Elementary
Middle Schools L.A. Ainger Middle
High Schools Lemon Bay High
Others
HOA Fee Include Common Area Taxes,Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Pool,Security,Trash
Senior Community No
Ownership Condominium
Monthly Total Fees $773
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with PALM ISLAND PROPERTIES INC
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