160 Palm St Unit 208, Marco Island, FL 34145

$465,000
2
BD
2
BA
983
SqFt

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List Price
$465,000
Listing Price
$465,000
Days on Market
55
MLS#
226021490
Bedrooms
2
Bathrooms
2
Living Sq. Ft
983
Total Area
1,260
Property Class
Condo
Building Design
Contemporary, Garden Apt
County
Collier
Region
MI01 - Marco Island
Development
Olde Marco Inn
Building Name
Marco Island

Property Description

Discover a rare investment opportunity at Olde Marco Inn - Unit 208, a beautifully updated 2-bedroom, 2-bath condo located in the highly desirable historic Olde Marco district of Marco Island. With daily rentals permitted--an uncommon feature on the island--this property offers exceptional income potential combined with personal use flexibility. Boasting a strong rental history, this turnkey residence allows owners to generate immediate income while enjoying their own island getaway. Owners have the option to self-manage or utilize the on-site rental program for a more hands-off approach. The condo has been thoughtfully updated and tastefully furnished, featuring a modern kitchen with white shaker cabinets and stainless-steel appliances, renovated bathrooms, plantation shutters, and new furnishings throughout. Major improvements include impact-resistant windows, a new HVAC system (2023), and water heater (2023). An oversized screened lanai, also accessible from the owner's suite, provides a relaxing space for guests to enjoy the island breeze--an attractive feature for vacation renters. Located in the heart of historic Olde Marco, enjoy live music, boutique shops, galleries, and restaurants right at your doorstep. Waterfront dining at the iconic Snook Inn is just steps away, and an easy golf cart or bike ride takes you to Marco Island's famous six miles of white sand beaches. As an added benefit, property ownership on Marco Island provides eligibility for a Resident Beach Pass, offering exclusive beach access for owners. Community amenities include a pool and spa, further enhancing guest experience and rental appeal. Whether you're looking to expand your investment portfolio or secure a personal retreat with income potential, this property delivers the ideal combination of location, flexibility, and return.

Additional Information

Year Built
2001
Garage Spaces
1
furnished
Turnkey
Pets
No
Amenities
Pool, Community Spa/Hot tub, Internet Access, Sidewalks, Street Lights, Non-Gated
View
Landscaped Area
Boat Access
None
Waterfront Description
None
Lot Description
Zero Lot Line
Construction
Concrete Block, Stucco
Parking
Guest, Paved, Under Bldg Open, Attached
Roof
Metal
Flooring
Tile
Windows
Impact Resistant, Impact Resistant Windows, Window Coverings
Exterior Features
Water Display
Water
Central
Sewer
Central
Cooling
Ceiling Fan(s), Central Electric
Irrigation
None
Interior Features
Common Elevator, Split Bedrooms, Wired for Data
Equipment/Appliances Included
Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
Dining Description
Breakfast Bar, Dining - Living
Master Bath Description
Shower Only
Total Tax Bill
$3,686
Tax Year
2025
Condo Fee
$787
Condo Fee Frequency
Monthly
Total Floors
1
Min. Days Of Lease
1
Num of Leases/Yr
365

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Calculator source: Real Geeks

Listing courtesy of John R Wood Properties.