Turnkey Furnished Condo in Palm Island Resort – Coastal Serenity Awaits! Move right into this beautiful condo in the stunning Palm Island Resort. Featuring an open kitchen with elevated ceilings, Corian countertops, and additional bar cabinetry, this home seamlessly blends elegance with functionality. Enjoy private beach access just a short walk away, leading to the breathtaking Gulf of Mexico. The clubhouse, gym, heated swimming pool, spa, and tennis/pickleball courts are all within easy walking distance, ensuring effortless resort living. Take in stunning screened-in views from the rear balcony, while the front balcony overlooks Rum Bay and the Intracoastal Waterway. Relax on your porch as you watch manatees, dolphins, and an active Osprey nest in their natural habitat. This rare condo includes a garage—a coveted feature—(with the ability for housing a golf cart, paddleboards, and all your beach gear), providing unmatched convenience. Community boat docks are located just behind the condos on Rum Bay, perfect for boating enthusiasts. Resort amenities include private beach access, boat docks, a heated pool/spa, tennis courts, a fitness center, a clubhouse, playgrounds, a restaurant & bar, and 24-hour security. Additional services like bell service, mail delivery, and rentals for golf carts, bicycles, and water sports ensure a seamless island lifestyle. Escape the ordinary and embrace the ultimate in coastal living—where the beach meets the bay, and tranquility meets luxury.
Est. $2,505 per month, based on comparable rentals
Sale and tax history for 7237 Rum Bay Dr #5022
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #D6141005
Nov 3, 2026
Sold
$222,000
$174/sq ft
Sep 3, 2026
Pending
—
Oct 6, 2025
Price Changed
$235,000
$184/sq ft
Jul 25, 2025
Price Changed
$249,900
$196/sq ft
Mar 3, 2025
Listed
$264,000
$207/sq ft
Stellar MLS as Distributed by MLS Grid #D5788053
May 30, 2013
Sold
$300,000
$235/sq ft
Jun 16, 2012
Listed
$329,900
$259/sq ft
Lovely 2/2 top floor end unit condominium built in 2001 located in Palm Island Resort on beautiful Palm Island. Enjoy partial views of the Gulf and Rum Bay, tropical foliage, and tennis courts from the huge 9 X 25 screened/covered porch. Lounge around the large community pool which has been recently renovated with a new surround of pavers. Access to seven miles of pristine Gulf beaches is right across the road. Full resort amenties including heated pool and spa, fitness center, tennis courts, boat docks and much more. Turnkey furnished offering excellent vacation rental income potential.
Property Description
End Unit
Public Records
Jun 17, 2004
Sold
$412,000
$323/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,560 (−25.1%)
2024
$6,085 (+2.1%)
2023
$5,961 (+13.8%)
2022
$5,237 (+17.8%)
2021
$4,446 (+7.0%)
2020
$4,156 (+3.0%)
2019
$4,034 (+2.4%)
2018
$3,940 (−1.9%)
2017
$4,015 (−25.5%)
2016
$5,387 (+1.3%)
2014
$5,317 (+29.3%)
2013
$4,111 (−10.1%)
2012
$4,572
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2001
Sq. Ft.
1,276
Year built
2001
Style
Condo/Co-op
County
Charlotte County
APN
412020777003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 23, 2026.
PD
Planned Development District
The purpose and intent of this district is to provide flexibility and to encourage concentrated, energy-efficient land development, and to provide opportunities to impose conditions to ensure that the proposed development is consistent and compatible with the surrounding neighborhood. Conventional zoning requirements are replaced by flexible performance criteria intended to accomplish one (1) or more of the following goals: Provide for the planning, review and approval of one (1) or a combination of residential, office, commercial, and industrial land uses and structures which result in an organized, compatible development within and with surrounding land uses in regard to density and intensity of use.
Permitted uses
Include but are not limited to:
Commercial & retail
Housing
Industrial
Office
Public service
Property details
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 2
Bathroom Information
# of Full Baths (Total): 2
Laundry Room Information
Laundry Features: Inside, Laundry Room
Other Rooms Information
# of Rooms: 5
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Ceiling Fans(s), Open Floorplan, Window Treatments
Water Access Description: Bay/Harbor,Beach,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
Water Extras Y/N: 1
Water Extras Description: Bridges - No Fixed Bridges,No Wake Zone,Sailboat Water
Property Information
CDD Y/N: 0
Homestead Y/N: 0
Other Equipment: Irrigation Equipment
Property Type: Residential
Property Sub Type: Condominium
Other Structures: Storage, Tennis Court(s)
Zoning: PD
Land Information
Total Acreage: 0 to less than 1/4
Lot Information
Lot Size Acres: 0.03
Road Surface Type: Gravel, Limerock
Road Responsibility: Private Maintained Road
Lot Size Square Meters: 120
Building Information
MFR_BuildingAreaTotalSrchSqM: 118.54
MFR_BuildingNameNumber: 50
Financial
Tax Information
Tax Annual Amount: $4,377
Tax Year: 2024
Lease / Rent Details
Lease Restrictions YN: 0
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Location
Multi-Family Financial Information
Total Annual Fees: $24,728
Total Monthly Fees: $2,060.67
Multi-Unit Information
Unit Number YN: 0
HOA Information
Association Name: Holly Carr
Has HOA
MFR_Association2YN: 0
Montly Maintenance Amount In Addition To HOA Dues: 0
Association Fee Requirement: Required
Association Approval Required Y/N: 0
Monthly HOA Amount: 1852.33
Association Fee: $5,557
Association Fee Frequency: Quarterly
Association Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Management, Private Road, Recreational Facilities, Security, Trash
School Information
Elementary School: Vineland Elementary
Middle Or Junior High School: L.A. Ainger Middle
High School: Lemon Bay High
Location Information
Directions: SR776 S on Placida Rd, right on Panama Rd, Take car ferry to Palm Island ($55 one-way charge to Island). Follow paved road to Resort parking lot. Ask Belman for golf cart ride to Bay Villas with the unit number (5022)
Condo Information
Floor Number: 2
Monthly Condo Fee Amount: 208
Condo Land Included Y/N: 1
Condo Fees Term: Annual
Condo Fees: 2500
Community Information
Community Features: Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Playground, Pool, Tennis Court(s)
Pets Allowed: Cats OK, Dogs OK
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,276
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 2001
Year Renovated: 2001
County: Charlotte County
APN: 412020777003
Home facts updated by county records on Jul 23, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 941-475-5015
Previous Status: Pending
Backups Requested YN: 0
Listing Date Information
Days to Contract: 549
Status Contractual Search Date: 2026-11-03
Listing Price Information
Calculated List Price By Calculated Sq Ft: 184.17
Green Information
Direction Faces: East
Home Information
Living Area: 1276
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 118.54
Building Area Total: 1276
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Pillar/Post/Pier, Stilt/On Piling
Stories Total: 2
Levels: One
Around this home
Schools
Vineland Elementary School
Public PreK-5 • Assigned • 3.5mi
7/10
L. A. Ainger Middle School
Public 6-8 • Assigned • 3.3mi
7/10
Lemon Bay High School
Public 9-12 • Assigned • 2.7mi
5/10
Provided by GreatSchools
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
6 days above 107° expected this year, 23 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Placida, FL • 33946
Average low and high temperatures (°F)
72
51
76
56
81
61
86
66
89
73
91
76
92
78
91
77
90
75
87
70
82
62
77
57
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$214,000 – $259,000
Reach more buyers when you sell with Redfin. Plus, you'll save $2,250 in fees.