$235,000
7237 Rum Bay Drive
Placida, FL 33946
Listing updated: April 20, 2026 at 10:47 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history413 days on market
- Status: ActiveMar 3, 2025
- Listed$264,000Mar 3, 2025
- Price reduced$235,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 413
- Subdivision
- Palm Island Bay Villas
- County
- Charlotte
- Year built
- 2001
- Living area
- 1,276 sq ft
- Price/sq ft
- $184
- Lot size
- 1,287 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- 9AE
- Pool
- Private pool
- Annual taxes
- $4,377 (2024)
- Parcel #
- 412020777003
- Zoning
- PD
- MLS #
- D6141005
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Open Floorplan, Window Treatments
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- HOA fee
- $5,457 / Quarterly
- Monthly HOA
- $1,819/mo
- Total monthly fees
- $2,027/mo
- Total annual fees
- $24,328
- HOA name
- Holly Carr
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- No Lease restrictions. Property must be rented thru Palm Island Resort (2 night minimum thru Resort)
Exterior & Construction
- Exterior features
- Hurricane Shutters, Lighting, Outdoor Grill, Storage, Tennis Court(s)
- Construction materials
- Vinyl Siding, Frame
- Roof
- Metal
- Foundation
- Pillar/Post/Pier, Stilt/On Piling
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Gravel, Limerock
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Kitchen | First | 10x10 |
| Primary Bedroom | First | 12x15 |
| Bedroom 2 | First | 12x12 |
| Balcony/Porch/Lanai | First | 9x25 |
Listing Details
- Listing date
- 2025-03-03
- On market date
- 2025-03-03
- Original list price
- $264,000
- Occupant type
- Owner
- MLS area
- 33946 - Placida
- Listing AOR
- Englewood
- Status changed
- 2025-03-03
- Tax legal description
- PIB 000 0000 5022 PALM ISLAND BAY VILLAS UNIT 5022 1963/1628 2491/119 3180/2068 3180/2071 3770/510 AFF3390599-JL
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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)
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of April 20, 2026 at 10:47 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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