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About this home
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.
Don Pedro Island, located between Lemon Bay and the Gulf of Mexico, is a coastal and barrier-island Manasota Key neighborhood with mangrove-lined backwaters and wide, shell-strewn beaches. The neighborhood’s character concentrates at the Palm Island Resort ferry landing, where golf carts, dock lines, and sandy footpaths set the daily rhythm. Architecture leans low-slung and beach-forward, with stilted cottages and contemporary waterfront homes oriented to breezes and water views. With no bridge access, the pace stays quiet and outdoorsy, shaped by boating, paddling, and long shoreline walks. Don Pedro Island State Park anchors the landscape with dunes, trails, and birdlife. Nearby pillars such as Stump Pass Beach State Park and the Lemon Bay Aquatic Preserve frame the island’s saltwater culture.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fans
Open floorplan
Window treatments
Bedrooms
2 bedrooms
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Microwave
Range
Refrigerator
Laundry & utility
Washer included
Inside laundry room
Flooring
Carpet
Ceramic tile
Heating & cooling
Central heating
Central air conditioning
Exterior features
Covered, enclosed, screened porch
Hurricane shutters
Outdoor lighting
Outdoor grill
Storage
Tennis courts
Private maintained road
Irrigation equipment
On waterfront with full bay/harbor view (Lemon Bay)
Water access to bay/harbor, beach, saltwater canal, gulf/ocean, intracoastal
Water features include bridges (no fixed bridges), no-wake zone, sailboat water
Home design
Condominium
Two-story building; unit on 2nd floor
East-facing
Parking
Resort parking with golf cart access (car ferry and golf cart recommended per directions)
Security
24-hour guard (included in association fees)
Construction
Vinyl siding and frame construction
Metal roof
Pillar/post/pier (stilt/on piling) foundation
Built as part of a multi-unit building (building number 50)
Utilities
Public water
Public sewer
Cable connected
Electricity connected
Water connected
Sewer connected
HOA & community
Has HOA (Association: Holly Carr)
Monthly HOA approximately $1,852.33; quarterly association fee $5,557 (association fees include guard, common area taxes, pool, insurance, building and grounds maintenance, management, private road, recreational facilities, security, trash)
Monthly condo fee $208; annual condo fees $2,500
Community features: deed restrictions, fitness center, pool, tennis courts, playground, golf carts allowed
Pets allowed (cats and dogs)
Financial info
Total annual fees $24,728; total monthly fees $2,060.67
Other
No CDD; lease restrictions not required
Electricity and solar
View estimated energy costs and solar savings for this home
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
Finished Sq. Ft.
1,276
Unfinished Sq. Ft.
—
Total 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
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
77
91
77
91
76
86
71
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
Redfin Estimate for 7237 Rum Bay Dr #5022
$226,958
$8,042 under list price of $235K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $20K to $295K.