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7438 Palm Island Dr

Placida, FL 33946

2 bd 2 ba 1,048 sqft Built 1987 Lot 1,138 sqft condos
Most recent sale
$595,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $595,000 MLS #D6123660
Feb 9, 2022 Listed $599,000 MLS #D6123660
Oct 14, 2021 Sold $375,000 MLS #D6120861
Aug 28, 2021 Listed $385,000 MLS #D6120861
Jun 30, 1997 Sold $116,000 Public Record
Apr 1, 1988 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $248,533 $5,468
2020 $255,660 $5,625
2019 $242,298 $5,433
2018 $246,752 $5,323
2017 $242,298 $4,967
2016 $232,499 $4,714
2015 $197,758 $4,306
2014 $227,205 $4,793
2011 $229,337 $4,565
2010 $208,488 $4,034
2009 $285,600 $5,153
2008 $340,000 $5,777

Property facts

Year built
1987
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,048 sqft
Lot size
1,138 sqft
ZIP code
33946
City
Placida
Street
Palm Island Dr
Coordinates
26.88359, -82.33023

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,939
Gross rental yield
3.91%
Implied cap rate
2.54%
Trend-extrapolated value

Frequently asked questions

When did 7438 Palm Island Dr last sell?
7438 Palm Island Dr most recently sold on Mar 31, 2022 for $595,000.
What is the current tax assessment for 7438 Palm Island Dr?
The most recent total assessment for 7438 Palm Island Dr (year 2021) is $248,533 with $5,468 in property tax.
How does 7438 Palm Island Dr's assessment compare to its last sale price?
The current assessment is 58.2% below the last sale price of $595,000.
When was 7438 Palm Island Dr built?
7438 Palm Island Dr was built in 1987.
How does 7438 Palm Island Dr compare to others on Palm Island Dr?
We track 8 other properties on Palm Island Dr. Browse the list under "Other properties on Palm Island Dr" to compare beds, baths, and sale history.
What are the property facts for 7438 Palm Island Dr?
7438 Palm Island Dr is a 2 bed, 2 bath, 1,048 sqft, 1,138 sqft lot condos.
Is 7438 Palm Island Dr a flip candidate?
Yes — 7438 Palm Island Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7438 Palm Island Dr a tax-appeal candidate?
No — 7438 Palm Island Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.2%
Implied 1-yr
+16.6%
2026 Q3
$290.1K
2026 Q4
$299.5K
ZIP 33946 — Median Price History + Forecast

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