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7181 RUM BAY DR #4222-D Placida, FL 33946
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Key Details
Sold Price $70,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $56
Subdivision Club Villas 01 At Palm Island R
MLS Listing ID D6118802
Sold Date 02/23/22
Bedrooms 2
Full Baths 2
Condo Fees $923
Construction Status No Contingency
HOA Y/N No
Year Built 1989
Annual Tax Amount $26,511
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Fractional Ownership. 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 adjusts 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 bath 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 maintenanc and housekeeping.
Location
State FL
County Charlotte
Community Club Villas 01 At Palm Island R
Zoning PD
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Walk-In Closet(s), Window Treatments
Heating Central
Cooling Central Air
Flooring Carpet, Laminate
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Washer
Exterior
Exterior Feature Lighting, Sliding Doors, Tennis Court(s)
Community Features Deed Restrictions, Fitness Center, Gated, Playground, Pool, Tennis Courts, Water Access, Waterfront
Utilities Available Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Street Lights, Underground Utilities, Water Connected
Water Access 1
Water Access Desc Beach - Private,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
Roof Type Metal
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Stilt/On Piling
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type 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 Cable TV,Common Area Taxes,Pool,Electricity,Escrow Reserves Fund,Fidelity Bond,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Pool,Private Road,Recreational Facilities,Security,Sewer,Trash,Water
Senior Community No
Ownership Fractional
Monthly Total Fees $923
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with PALM ISLAND PROPERTIES INC
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