160 Palm St 402 | Sold - $199,000

MARCO ISLAND, FL 34145 | 2 Beds, 2 Baths, 965 Sq. Ft.
  • Subdivision: OLDE MARCO INN
  • Development: OLDE MARCO

Beautiful hands free condo in the heart of Olde Marco. Owner has option to be a part of the management rental program. If involved, all renting, housekeeping and marketing is done for the owner who is limited to personal use 30 days Jan-May 1st, and unlimited for remainder of year. All rental income is split 50/50 with management Co. See supplements for rental income report. (NOTICE: In Jan & Feb was owner occupied, and missing out on greatest potential revenue). This particular unit brought in roughly 27k in revenue last year and through July of this year was already at 20k. If owner opts out of rental program, they have unlimited use year around, and keep full rental revenue. FINANCING AVAILABLE!! Contact: Alan Carroll Vice President - Residential Lending First Florida Integrity Bank Phone: 239-325-3888 Cell: 239-821-8198

Essential Information
  • MLS® #214039914
  • Price Per SqFt$206
  • Bedrooms2 Bed
  • Bathrooms2.00
  • Full Baths2
  • Square Footage965
  • FurnishedTurnkey
  • Acres0.00
  • Year Built2001
  • TypeResidential
  • Sub-TypeMid Rise (4-7), Condo
  • Building DesignMid Rise (4-7)
  • Garage Spaces0.00
  • Carport Spaces1
  • Rear ExpW
  • Unit Floor4
  • Total Floors5
  • ElevatorCommon
  • Ownership DescCondo
  • StatusSold
  • Closed DateFebruary 25th, 2015
  • Foreclosed (REO)N
  • Potential Short SaleN
  • Taxes$1,522
Community Information
  • SubdivisionOLDE MARCO INN
  • Address160 Palm St 402
  • AreaMI01 - Marco Island
  • CityMARCO ISLAND
  • CountyCollier
  • StateFL
  • Zip Code34145
  • Community TypeCondo/Hotel
  • Special Assess$0
  • HOA Fee$0
  • Master HOA Fee$0
  • Mandatory Club Fee$0
  • Condo Fee$1,200
  • Condo Fee FrequencyQuarterly
  • MaintenanceCable, Insurance, Lawn/Land Maintenance, Manager, Pest Control Exterior, Rec Facilities, Trash Removal, Water
  • PetsNot Allowed
  • Min. Days of Lease365
  • Num of Leases/Yr1
Amenities
  • AmenitiesCommunity Pool
  • ParkingUnder Bldg Closed
  • ViewGulf
  • Is WaterfrontYes
  • WaterfrontSee Remarks
  • Boat AccessNone
Interior
  • Interior FeaturesSee Remarks
  • FlooringTile
  • HeatingCentral Electric
  • CoolingCeiling Fans, Central Electric
Exterior
  • ExteriorSee Remarks
  • Exterior FeaturesPatio
  • Lot DescriptionSee Remarks
  • WindowsSingle Hung
  • RoofTile
  • ConstructionConcrete Block
Listing Office: Re/max Affinity

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