821 Palm ST, Marco Island, FL 34145
821 Palm ST, Marco Island, FL 34145
821 Palm ST, Marco Island, FL 34145
42
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$1,800,000
Est. payment /mo
5 Beds
4 Baths
3,754 SqFt
Price Dropped by $95K

821 Palm ST Marco Island, FL 34145

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,754 sqft

Price per Sqft $479

Subdivision Marco Island

MLS Listing ID 225082012

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1987

Annual Tax Amount $13,205

Tax Year 2024

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Single Family Residence

Source Naples

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.

Location

State FL

County Collier

Area Mi01 - Marco Island

Rooms

Dining Room Dining - Living

Interior

Interior Features Built-In Cabinets, Wired for Data

Heating Central Electric

Cooling Central Electric

Flooring Carpet, Tile, Wood

Window Features Casement,Picture,Impact Resistant Windows

Appliance Dishwasher, Dryer, Microwave, Refrigerator/Icemaker, Washer

Laundry Inside

Exterior

Exterior Feature Dock, Balcony, Screened Balcony

Garage Spaces 2.0

Pool In Ground

Community Features None, Non-Gated

Utilities Available Cable Available

Waterfront Description Canal Front,Navigable Water,Seawall

View Y/N No

View Canal

Roof Type Metal

Porch Deck

Garage Yes

Private Pool Yes

Building

Lot Description Oversize

Story 2

Sewer Central

Water Central

Level or Stories Two, 2 Story

Structure Type Concrete Block,Stucco

New Construction No

Schools

Elementary Schools Tommie Barfield

Middle Schools Manatee Middle

High Schools Marco Island Academy

Others

HOA Fee Include None

Tax ID 64611200002

Ownership Single Family

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

Pets Allowed No Approval Needed

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Listed by Premiere Plus Realty Company • Joe Bartos, PA

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Eric Hollis

Eric Hollis

Agent | License ID: SL3492619

+1(443) 569-9393

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821 Palm ST