7237 RUM BAY DRIVE UNIT 5022, PLACIDA, FL, 33946
Active509 days on marketListed Mar 3, 2025MLS #D6141005
About this home
7237 RUM BAY DRIVE UNIT 5022
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.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,276
Sqft
0.03 ac
Lot size
2001
Year built
One
Levels
$184
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,831 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,831/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−12.8%
$/sqft vs Placida actives
$184 vs $382
Days on market
509 vs 91 typical
Where $184/sqft sits among the 164 Placida actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Placida
Get to know Placida. See the full Placida guide →
PLACIDA 33946 — neighborhood snapshot
Population
2,745
Median age
63.2
Median income
$93,466
Median home value
$626,500
Avg household
2.02
Households w/ children
86%
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Placida market
$475K → $464K
Placida median sold, yr/yr
92.2%
Sale-to-list ratio (12 mo)
65 of 164
Placida actives have cut their price
Median sold price, Placida, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 571% above the PLACIDA 33946 median. See the full Placida market guide →
Paper trail
This home's history
Reality check
What actually sold near 7237 RUM BAY DRIVE UNIT 5022
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$20,000
7221 RUM BAY DRIVE UNIT 4211D
2 bd · 2 ba · 1,262 sqft · $16/sqft · 315 DOM
Sold · Apr ’26$22,000
7201 RUM BAY DRIVE UNIT 4122C
2 bd · 2 ba · 1,262 sqft · $17/sqft · 769 DOM
Sold · Jan ’26$14,500
7181 RUM BAY DRIVE UNIT 4011A
2 bd · 2 ba · 1,262 sqft · $11/sqft · 48 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 7237 RUM BAY DRIVE UNIT 5022 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7237 RUM BAY DRIVE UNIT 5022 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
7237 RUM BAY DRIVE UNIT 5022 FAQs
What would the monthly payment be for 7237 RUM BAY DRIVE UNIT 5022?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,831/mo — principal and interest, the actual property-tax bill, the $1,819/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 7237 RUM BAY DRIVE UNIT 5022?+
The association fee works out to $1,819 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 7237 RUM BAY DRIVE UNIT 5022?+
The most recent tax bill on record (2024) was $4,377. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 7237 RUM BAY DRIVE UNIT 5022?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Placida?+
At $235,000, this home is listed about 64% below the Placida median of $649,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7237 RUM BAY DRIVE UNIT 5022?+
L. A. Ainger Middle School (middle), Vineland Elementary School (elementary), Lemon Bay High School (high) — Charlotte County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$235,000 runs 571% above the PLACIDA 33946 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $1,819/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
509 days on market against a Placida median of 91 — sellers in this position are usually ready to negotiate.
05Strong assigned schools
L. A. Ainger Middle School, Vineland Elementary School, Lemon Bay High School — Vineland Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of TALL PINES REALTY · Jeremy Jones. MLS #D6141005.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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