821 Palm St, 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
Days on Market
280
Price Change
▼ $95,000 1778611339
MLS#
225082012
Subtype
Residential
Year Built
1987
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
3,754
Lot Size
15,245
Acres
0.35
Subdivision
Marco Island
Neighborhood
Marco Island
Building Name
Marco Island
MLS Area Major
MI01 - 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

Amenities
None, Non-Gated
Interior Features
Built-In Cabinets, Wired for Data
Exterior Features
Dock, Balcony, Screened Balcony
Flooring
Carpet, Tile, Wood
Appliances
Dishwasher, Dryer, Microwave, Refrigerator/Icemaker, Washer
Heating
Central Electric
Air Conditioning
Central Electric
Exterior Construction
Concrete Block, Stucco
Stories
3
Levels
Two, 2 Story
Roof
Metal
Pool
Yes
Parking
2+ Spaces, Circular Driveway, Driveway Paved, Attached
Garage Spaces
2
Elementary School
Tommie Barfield
Middle School
Manatee Middle
High School
Marco Island Academy
View
Canal

Courtesy of Premiere Plus Realty Company

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