140 PALM STREET, #209, Marco Island, FL, 34145 | $499,000

Welcome to your charming slice of paradise in historic Old Marco! This spacious two-bedroom, two-bathroom furnished condominium captures the essence of relaxed coastal living within a delightful Florida-style complex.

As you step inside, you'll be greeted by an inviting open-concept layout that seamlessly connects the living, dining, and kitchen areas. The expansive living space flows effortlessly onto an oversized screened lanai, perfect for sipping morning coffee or enjoying evening cocktails while soaking in the tropical ambiance. Tastefully decorated, this unit exudes coastal elegance, creating a soothing atmosphere that perfectly complements the Florida lifestyle.

For added convenience, covered parking is available under the building, keeping your vehicle protected from the elements. Enjoy culinary delights at the on-site restaurant or explore a variety of dining and shopping options just moments away. Investors will appreciate the potential for rental income, as the complex allows daily rentals and offers an owner rental program.

When it's time to unwind, residents can take advantage of the community pool and jacuzzi, providing a perfect retreat for relaxation. Immerse yourself in the vibrant culture and rich history of Old Marco, with its charming streets, eclectic shops, and waterfront vistas just waiting to be explored.

This corner unit not only offers comfort and convenience but also includes benefits like free Marco Beach parking and access, a new AC unit just a month old, and hurricane impact windows. Whether you're seeking a permanent residence, a vacation retreat, or an investment opportunity, this condo epitomizes the quintessential Florida lifestyle. Experience the best of Old Marco right outside your door—your tropical oasis awaits!

Features

  • Parking: Open, Unassigned
  • Heating: Central Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Levels: 1
  • Amenities: Bike Storage, Pool, Spa/Hot TubCommunity Pool
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Olde Marco A Condo
  • Year Built: 2001
  • Approx Sq. Feet: 961
  • Est. Taxes: $3,163
  • Lot Desc: Mid Street Location
  • View: Inland
  • Water Front: Yes
  • Pets Allowed: No
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: 2242076
  • Days on Market: 66 days
  • Website: https://www.raveis.com
    /prop/2242076/140palmstreet_marcoisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Marco Island Area Association of REALTORS. The information being provided is 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.
Listing courtesy of Keller Williams Marco Realty   Phone: 239-393-1350

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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140 PALM STREET, #209, Marco Island, FL, 34145

$499,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $264 $264 $264
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,757 $2,689 $3,396
Total Monthly Payment $3,096 $3,028 $3,735

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.