821 Palm St, Marco Island, FL 34145

$1,800,000
5
BD
4
BA
3,754
SqFt

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List Price
$1,800,000
Listing Price
$1,800,000
Price Change
▼ $95,000 1778611339
Days on Market
225
MLS#
225082012
Bedrooms
5
Bathrooms
4
Living Sq. Ft
3,754
Total Area
5,688
Property Class
Single Family Residential
Building Design
Single Family Residence
County
Collier
Region
MI01 - Marco Island
Development
Marco Island
Subdivision
Marco Island

Property Description

Perfectly situated on the corner of Palm Street and Edington Place, this exceptional 2-unit property in Old Marco offers a rare opportunity for investors, or buyers, seeking flexible living options. The residence features (2) fully furnished units: Unit A has all the amenities and awaits potential remodel, if desired; Unit B is bright and fully remodeled and ready for prime income, if desired Both units have a spacious layout with a one-of-a-kind floor plan ideal for generating rental income, creating a family compound, or living in one unit, while renting the other. Each unit has access to a private garage. Both units sit upon professional landscaping, which enhances both curb appeal and privacy, while the pool and water access beckon the Florida lifestyle experience, especially with direct access to the Gulf of America. Each unit offers excellent canal views and frequent osprey activity. Unit A includes 2 bedrooms with private balconies, 2 bathrooms, and a loft with a full laundry room, kitchen, dining and living room with balcony. Unit B is newly remodeled, including quartz counters, tile floors, wine-cooler, washer & dryer. 3 bedrooms, 4 balconies, 2 bathrooms, galley kitchen, ample living room and dining area. Additional highlights include four separate A/C units along with individual water and power connections for each unit, 6+ parking spaces (including 2 private garages). Large walk-out basement with storage cabinets, and 2 air-conditioners allow for ample storage or wreck-room. Offering exceptional versatility and strong investment potential, this Old Marco property is within walking distance to shops and restaurants, including the famous Snook Inn and stands out as a true gem, waiting for the unique buyer.

Additional Information

Year Built
1987
Garage Spaces
2
furnished
Turnkey
Pets
No Approval Needed
Amenities
None, Non-Gated
View
Canal
Boat Access
Dock
Waterfront Description
No Bridge(s)/Water Direct, Canal Front, Navigable Water, Seawall
Pool
Yes
Pool Description
In Ground
Lot Description
Oversize
Lot Frontage
36
Construction
Concrete Block, Stucco
Parking
2+ Spaces, Circular Driveway, Driveway Paved, Attached
Roof
Metal
Flooring
Carpet, Tile, Wood
Windows
Casement, Picture, Impact Resistant Windows
Exterior Features
Dock, Balcony, Screened Balcony
Water
Central
Sewer
Central
Cooling
Central Electric
Irrigation
Central
Interior Features
Built-In Cabinets, Wired for Data
Equipment/Appliances Included
Dishwasher, Dryer, Microwave, Refrigerator/Icemaker, Washer
Dining Description
Dining - Living
Master Bath Description
Shower Only
Total Tax Bill
$13,205
Tax Year
2024
Elementary School
Tommie Barfield
Middle School
Manatee Middle
High School
Marco Island Academy
Total Floors
3

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Calculator source: Real Geeks

Listing courtesy of Premiere Plus Realty Company.