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7121 RUM BAY DRIVE

House For Sale
$1,379,000

BTC: 16.58648064

ETH: 520.37735849

296 days
Waterfront
3 bds
2 ba
2,064 sqft

Overview

AMAZINGLY LOW ASSUMABLE MORTGAGE AVAILABLE FOR QUALIFIED BUYERS! 3BR • 2BA • 2017 Custom Home • Palm Island Resort Beautifully crafted 2017 custom home in the gated, golf-cart community of Palm Island Resort in Placida, FL. Features include soaring ceilings, crown moldings, custom cabinetry, tiger-wood flooring, and abundant natural light. Home is in pristine, move-in condition with hurricane-rated doors and windows. The open floor plan flows to a 12' x 55' screened lanai overlooking a large backyard and Knights Bay. Gourmet kitchen includes a 48" Sub-Zero refrigerator, Conestoga cabinetry, granite counters, induction oven, and custom bar. Bedrooms feature plantation shutters and oversized closets; the primary suite offers a large walk-in closet, luxury bath, and French doors to the lanai. Additional amenities: indoor enclosed elevator, spacious laundry room, golf-cart garage with storage, and outdoor rinse shower. Walking distance to tennis & pickleball courts, pool, clubhouse, and fitness center, plus deeded access to two miles of private beach.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2017
Lot:
0.33 Acres
Heating:
Central / Electric / Exhaust Fan
Price/sqft:
$668
Cooling:
Central Air
HOA:
$1,150

Valuation

Our model vs. what's actually selling nearby.
Estimate
$589,900
$455K – $1.2M
Confidence Low
List vs. estimate
$789K above estimate
List $1,379,000 · +133.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$668
+127.5% vs. city median $293
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,859
2025
HOA
$1,150/qtr
View
Water
Waterfront
Bay/Harbor
Pets
Allowed
All facts and features
  • Flooring

    • Other

    • Hardwood

    Heating

    • Central

    • Electric

    • Exhaust Fan

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Freezer

    • Ice Maker

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    • Water Filtration System

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Crown Molding

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Skylight(s)

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Tray Ceiling(s)

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: Two

    • Exterior Features: Balcony / Outdoor Shower / Rain Gutters

    Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 412020352007

    • Zoning: PD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

    • Fire Hydrant

    • Phone Available

    • Public

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA: $1,150

    • HOA Frequency: Quarterly

    • Annual tax amount: $10,859

  • Source details

    • MLS ID: D6145061

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame (FSC Certified)

    • Foundation Details: Stilt/On Piling

    • Laundry Features: Laundry Room

    • Lot Features: In County / Oversized Lot

    • Patio And Porch Features: Deck / Front Porch / Rear Porch / Wrap Around

    • Window Features: Double Pane Windows / Storm Window(s)

    • Direction Faces: West

    • Other Structures: Storage

    • Architectural Style: Coastal / Custom / Elevated / Florida

    • Waterfront: Yes

    • Living Area: 2064

    • Water Source: Public

    • Subdivision Name: ISLAND HARBOR BCH CLUB SEC 01

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MICHAEL SAUNDERS & COMPANY