$306,000
●
Condo -
Off Market
7070 Placida ROAD #1213
PLACIDA, FL 33946
1 Bed
1 Bath
709 Ft²
$1,872
Est. Monthly
4.50%
Cap Rate
About This Property
Beautiful and quiet waterfront condo in Placida Florida. Condo is a
second floor unit with an elevator on the inter coastal in
englewood florida only minutes from Boca grande and palm island.
Residents have access to a pass for palm island and a designated
parking space. Condo is very spacious for a one bedroom , one
bathroom and is completely updated. Remodeled kitchen , new floors
in bedroom and living room . Large sliders that open to the water
below that are screened in for a wonderful breeze. Low hoa fees and
super quiet area. There is a community pool with hot tub on
premises. Perfect area if you like fishing and plenty of
restaurants in the area. This unit is also a great short term
rental as it is being sold fully furnished with only a one night
minimum rental.
Unit Size
709 Ft²
Days on Market
36 days
Land Size
0.02 acres
Price per sqft
$451
Property Type
Condo
Property Taxes
$300
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Stellar MLS #T3521893)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by LISTED SIMPLY | $319,995 | |
| Listed by LISTED SIMPLY | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Interior Details
Full Bathrooms: 1
Interior Features: Built-in Features, Ceiling Fan(s), Elevator
Appliances: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Washer
Flooring Type: Bamboo, Vinyl
Laundry Features: Inside, Laundry Closet
Rooms: 5
Exterior Details
Square Footage: 709
Square Footage Source: $0
Year Built: 1985
Waterfront Features: Intracoastal Waterway
Waterview: Intracoastal Waterway, Marina
Building Area Total: 780
Levels: One
Building Area Units: Square Feet
Construction Materials: Block, Concrete
Lot Size Area: 741
Lot Size Units: Square Feet
Lot Size Acres: 0.02
Lot Size Square Feet: 741
Tax Lot: 1
Water Source: Public
Financial Details
Tax Annual Amount: $3,600
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Common Area Taxes, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/29/2026
|
1 Bed
|
1 Bath
|
648 ft²
|
$299,000
1 Bed
1 Bath
648 ft²
|
$252,500
-15.55%
06/23/2026
|
Shawna Wagar
GULF TO BAY SOTHEBY'S INTERNAT
| |
|
01/22/2025
|
1 Bed
|
1 Bath
|
697 ft²
|
$295,000
1 Bed
1 Bath
697 ft²
|
-
-
|
Angela Graziano
Baird & Warner Res. Sales Inc.
| |
|
07/16/2024
|
1 Bed
|
1 Bath
|
709 ft²
|
$319,900
1 Bed
1 Bath
709 ft²
|
$315,000
-1.53%
09/23/2024
|
Harry Gildea
PLACE IN THE SUN REAL ESTATE
| |
|
04/25/2024
|
1 Bed
|
1 Bath
|
709 ft²
|
$319,995
1 Bed
1 Bath
709 ft²
|
$306,000
-4.37%
05/31/2024
|
Sinan Zakaria
Listed Simply
| |
|
07/22/2023
|
1 Bed
|
1 Bath
|
697 ft²
|
$289,900
1 Bed
1 Bath
697 ft²
|
$275,000
-5.14%
11/17/2023
|
Harry Gildea
PLACE IN THE SUN REAL ESTATE
| |
|
06/30/2023
|
1 Bed
|
1 Bath
|
709 ft²
|
$279,900
1 Bed
1 Bath
709 ft²
|
$270,000
-3.54%
08/03/2023
|
Harry Gildea
PLACE IN THE SUN REAL ESTATE
| |
|
11/16/2021
|
1 Bed
|
1 Bath
|
680 ft²
|
$259,000
1 Bed
1 Bath
680 ft²
|
$254,000
-1.93%
12/28/2021
|
John Harms
MICHAEL SAUNDERS & CO. - BOCA
| |
|
09/12/2019
|
1 Bed
|
1 Bath
|
680 ft²
|
$192,000
1 Bed
1 Bath
680 ft²
|
-
-
|
-
| |
|
06/04/2018
|
1 Bed
|
1 Bath
|
680 ft²
|
-
1 Bed
1 Bath
680 ft²
|
-
-
|
-
| |
|
07/08/2017
| |
1 Bed
|
1 Bath
|
680 ft²
|
-
1 Bed
1 Bath
680 ft²
|
-
-
|
-
|
Building Info
About Charlotte
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Listed by: Sinan Zakaria
LISTED SIMPLY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# T3521893
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
LISTED SIMPLY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# T3521893
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