821 Palm Street, Marco Island, FL 34145

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

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List Price
$1,800,000
Status
ACTIVE
MLS#
225082012
Price Change
▼ $95,000 1778612833
Bedrooms
5
Bathrooms
4
Living Area
3,754
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

Taxes
$13,205
Building Design
Duplex
Year Built
1987
Community Type
Non-Gated
Construction
Block, Concrete, Stucco
Living Area
3,754
Acres
0.35
Interior Features
Built-in Features, Living/Dining Room, Shower Only, Separate Shower, Cable TV
Amenities
None
Cooling
Central Air, Electric
Heating
Central, Electric
Flooring
Carpet, Tile, Wood
Garage Spaces
2
Exterior Features
Deck, Security/High Impact Doors, Other
View
Canal
Gulf Access
Yes
Gulf Access Type
No Bridge(s)/Water Direct
Waterfront
Yes
Waterfront Description
Canal Access, Navigable Water, Seawall
Water
Public
Sewer
Public Sewer
Pool Description
In Ground
Stories
2
Pets
Yes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Premiere Plus Realty Company.