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7221 RUM BAY DR #4222A Placida, FL 33946
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Key Details
Sold Price $75,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,262 sqft
Price per Sqft $59
Subdivision Club Villas 01 At Palm Island R
MLS Listing ID D6125142
Sold Date 09/01/22
Bedrooms 2
Full Baths 2
Condo Fees $2,770
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1989
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 quarter 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 large screened porch. The master suite has access to the porch too. The bath and dressing area features a large walk-in closet. Learn more about this innovative method of owning real estate. This one includes half share of a golf cart. Enjoy the sun, sand and the island life!
Location
State FL
County Charlotte
Community Club Villas 01 At Palm Island R
Zoning PD
Interior
Interior Features Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
Exterior
Exterior Feature Balcony, Outdoor Grill, Sliding Doors, Tennis Court(s)
Community Features Fishing, Fitness Center, Gated, Golf Carts OK
Utilities Available Cable Connected, Electricity Connected
Waterfront false
Water Access 1
Water Access Desc Beach - Access Deeded,Beach - Private,Canal - Freshwater,Gulf/Ocean,Gulf/Ocean to Bay
View Garden, Pool, Tennis Court
Roof Type Metal
Garage false
Private Pool No
Building
Story 2
Entry Level One
Foundation Stilt/On Piling
Sewer Private Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Construction Status No Contingency
Others
Pets Allowed No
HOA Fee Include Cable TV, Pool, Electricity, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, 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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