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7512 Palm Island DRIVE S, #1122, Placida, FL, 33946 | $899,000
Welcome to your slice of paradise at Palm Island Resort, where luxury meets laid-back island living. Nestled between Manasota Key and Boca Grande, “Palm Island” offers private beaches filled with colorful shells & sharks teeth and leaves the hustle & bustle of the world behind. Access to the island is via private car ferry which ushers you across the intracoastal waterway in approx. 3 minutes! Once in the boundaries of the resort, travel continues via golf cart for an added touch of laid-back island vibes.
This stunning condo offers endless views of the sparkling waters of the Gulf of Mexico. Boasting 3 bedrooms and 3 baths, with an additional loft providing extra sleeping space, this condo is perfect for both intimate getaways and family vacations. Step onto one of the two private porches and be greeted by breathtaking sunset views, providing the perfect backdrop for relaxation and tranquility.
Recently remodeled and updated with comfortable coastal finishes, this condo exudes modern elegance while maintaining the charm of island living. Imagine waking up to the sound of waves crashing and the gentle sea breeze rustling through the palm trees.
Palm Island Resort offers an array of amenities to enhance your experience, including tennis courts, a pool and spa, a clubhouse, and the renowned Rum Bay Restaurant serving up delicious island cuisine. Water sport rentals allow you to explore the crystal-clear waters, while a fitness facility keeps you active and energized. Treat yourself to a scoop of ice cream at "Coconuts" to be enjoyed on a bike or golf cart ride around the island.
Whether you're seeking adventure or relaxation, Palm Island Resort offers the perfect blend of luxury and leisure for your ultimate getaway.
Features
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 2
- Amenities: Clubhouse, Fitness Center, Gated, Optional Additional Fees, Pickleball Court(s), Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
- Rooms: 5
- Bedrooms: 3
- Baths: 3 full
- Laundry: Inside, Laundry Room
- Complex: PALM ISLAND VILLAGE BLDG 01
- Year Built: 1983
- Approx Sq. Feet: 1,568
- Acreage: 0.03
- Est. Taxes: $11,235
- Condo Fee: $8,662 Quarterly
- Lot Desc: CoastalConstruction Control Line, FloodZone
- Elem. School: Vineland Elementary
- Middle School: L.A. Ainger Middle
- High School: Lemon Bay High
- Pet Policy: Yes
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: D6135900
- Days on Market: 168 days
- Website: https://www.raveis.com
/prop/D6135900/7512palmislanddrives_placida_fl?source=qrflyer
Listing courtesy of PARADISE EXCLUSIVE INC Phone: 941-698-0303
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7512 Palm Island DRIVE S, #1122, Placida, FL, 33946
$899,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
| Monthly Tax Payment | $936 | $936 | $936 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,546 | $4,605 | $6,265 |
| Total Monthly Payment | $5,574 | $5,633 | $7,293 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388