160 Palm Street Unit 208, Marco Island, FL 34145
- $465,000
- 2
- BD
- 2
- BA
- 983
- SqFt
- List Price
- $465,000
- Status
- PENDING
- MLS#
- 226021490
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 983
- Development
- Olde Marco Inn
- Subdivision
- Olde Marco Inn
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.
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Additional Information
- Taxes
- $3,686
- Building Design
- Low Rise (1-3)
- Year Built
- 2001
- Community Type
- Elevator, Non-Gated, Street Lights
- Construction
- Block, Concrete, Stucco
- Living Area
- 983
- Interior Features
- Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Window Treatments, High Speed Internet, Split Bedrooms
- Amenities
- Laundry, Pool, Spa/Hot Tub, Sidewalks, Management
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Heating
- Central, Electric
- Flooring
- Tile
- Garage Spaces
- 1
- Exterior Features
- Security/High Impact Doors, Water Feature
- View
- Landscaped
- Waterfront Description
- None
- Water
- Public
- Sewer
- Public Sewer
- Pool Description
- Community
- Pets
- No
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Listing courtesy of John R Wood Properties.