7104 Palm Island DRIVE, #LE38, Placida, FL, 33946 | $1,050,000

Duplex island home on Palm Island Resort. Enjoy watching the shore birds, sea life and fabulous sunsets from your choice of 3 decks and all have new decking in 2024. Also new in 2024; metal roof, gutters, lattice, interior and exterior paint. Located in the northern part of the property with an easy access golf cart and walking path to the beach adjacent to the residence. Safely set behind the natural berm a bit back from the beach this home has back yard space for family fun. The kitchen boasts granite counter tops, stainless steel appliances and new shaker style cabinets. A matching built-in desk under the interior stairs is a great use on space. The primary bedroom has access to the main floor deck and an ensuite with tiled walk-in shower and double sink countertop. Neutral decor throughout this duplex add comfort and allow you to add details to put your mark on it. Upstairs bonus area is currently set up with a desk, yes you could work with a spectacular view of the Gulf of Mexico! Bask in the sun and take in the view from the balcony off this upper floor, The third bedroom also has a slider out to a smaller deck with a view of the luscious foliage surrounding the property. Spend your day by the community pool, walking the sandy beach or participate in the resort's vibrant tennis and pickle ball programs. Palm Island Resort is a vehicle free community; golf carts, walking and biking are the way to get around. Under the villa is a golf cart sized storage area and space enough for all your beach toys. Visit the onsite restaurant, cafe and gift shop or take the car ferry to shop and dine in the surrounding community. Between Ft. Myers and Sarasota, if you are in search of all the west coast offers this is your must see turnkey ready beach home!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Room
  • Year Built: 1987
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,634
  • Acreage: 0.18
  • Est. Taxes: $12,416
  • HOA Fee: $1,000 Quarterly
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: D6137148
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/D6137148/7104palmislanddrive_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 7/3/2024 6:25:46 AM)
Listing courtesy of PALM ISLAND PROPERTIES INC   Phone: 941-697-1445

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NMLS Mortgage Loan Originator ID 16953

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7104 Palm Island DRIVE, #LE38, Placida, FL, 33946

$1,050,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $840,000 $840,000 $840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.141% 7.082%
Monthly Tax Payment $1,035 $1,035 $1,035
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,659 $5,589 $7,492
Total Monthly Payment $6,819 $6,749 $8,652

* 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.