7442 Palm Island DRIVE, #3624, Placida, FL, 33946 | $359,000

MAJOR PRICE IMPROVEMENT on this amazing property! BREATHTAKING BEACH VIEWS from this Palm Island Resort Beach Villas condo. TOP FLOOR UNIT with vaulted ceilings, perfect layout and coastal touches. Completely updated unit being sold furnished. 7 miles of pristine beach and the clear waters of the Gulf are out your back door. This stunning unit boasts PVC wood-look flooring, designed for coastal living, plantation shutters on all windows, Hunter Douglas blinds on doors, a beautifully designed kitchen with a leather finished granite and views galore. You can feel the sea breeze and hear the waves come along shore as you relax on the screened lanai which offers privacy shades, storage and UNOBSTRUCTED views that are some of the best on the island. Palm Island Resort offers endless amenities including, bell service, security, Rum Bay Restaurant, a clubhouse, dockage, tennis courts, ice cream shop, gift shop, bike, golf cart, kayak rentals and so much more. Islanders in the resort get to and from via golf cart or bicycle keeping in tune with the laid back coastal living which makes the island so unique and special. Excellent rental history with the Resort Services Program. Getaway to your island retreat and leave your worries on the mainland! Seller motivated!

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Basketball Court, Cable TV, Clubhouse, Fitness Center, Gated, Maintenance, Park, Pickleball Court(s), Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Other
  • Complex: BEACH VILLAS BLDG 36
  • Year Built: 1986
  • Common Charge: $6,564 Quarterly
  • Approx Sq. Feet: 668
  • Acreage: 0.02
  • Est. Taxes: $3,275
  • Condo Fee: $51 Monthly
  • Adult Communities: Yes
  • Pet Policy: Size Limit
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6184081
  • Days on Market: 190 days
  • Website: https://www.raveis.com
    /prop/O6184081/7442palmislanddrive_placida_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/5/2024 4:58:39 AM)
Listing courtesy of BEYCOME OF FLORIDA LLC   Phone: 804-656-5007

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7442 Palm Island DRIVE, #3624, Placida, FL, 33946

$359,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $287,200 $287,200 $287,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $273 $273 $273
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,911 $1,909 $2,422
Total Monthly Payment $2,259 $2,257 $2,770

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.