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140 Palm St Unit 3, Marco Island, FL, 34145

$725,000

Home List Price

$8,609*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,017 SqFt
$713/SqFt
Condo
Schools Nearby

Location

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140 Palm St Unit 3, Marco Island$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, One Space, Detached Carport
Year Built2001
HeatingCentral, Electric
CoolingCeiling Fan(s)
WaterfrontNone
ViewBay, Canal
MLS #224021462
StatusActive

About 140 Palm St Unit 3

Indulge in this opulent abode nestled in a serene yet vibrant corner of paradise. Whether you seek year-round residence, a luxurious winter retreat, lucrative rental opportunities, or a harmonious blend of all, this exquisite unit beckons. Behold breathtaking views of the Marco River and Collier Bay from your expansive screened lanai, offering a sanctuary of tranquility. This PENTHOUSE boasts two bedrooms and baths, and has a timeless elegance with its awe-inspiring architectural finesse. Marvel at the intricacies of rounded walls, soaring 13-foot ceilings, and majestic 9-foot doors accentuated by the allure of ceiling lighting. A spacious kitchen is adorned with granite countertops. Revel in the luxurious ambiance of wood bamboo flooring adorning the bedrooms and living room. Revel in the peace provided by impact glass windows, sliders, and doors, complemented by the assurance of newer A/C and roof installations. Indulge in leisurely moments at the community pool and jacuzzi, offering a haven of relaxation amidst the lush surroundings. Your reserved covered parking spot ensures convenience. Nestled in the heart of Marco's historic district. Immerse yourself in the vibrant tapestry of Marco's offerings, with an array of restaurants, bars, and boutiques nearby. Notably, this esteemed condo affords the privilege of daily rentals, presenting an unparalleled investment opportunity for discerning investors seeking premium returns. Your gateway awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: Penthouse, Mid Rise
  • Year Built: 2001
  • Living Area: 1,017 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Jana Caudill

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Bedroom on Main Level, Multiple Shower Heads, Shower Only, Separate Shower, High Speed Internet, Split Bedrooms

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Bay, Canal
  • Exterior: Security/High Impact Doors, Other

Parking Information:

  • Parking: Assigned, Covered, One Space, Detached Carport

Lot Features

Lot Information:

  • Lot: Zero Lot Line

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Lely High School, Public District Grades 9-12
  • Manatee Middle School, Public District Grades 6-8
  • Tommie Barfield Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Collier take Bald Eagle Dr. North to Palm St. go left to the Ole Marco Inn and Suites. Elevator is located in center of building #1. Take to PH level.

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $713/SqFt
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Housing Market Comparison

See how this home compares to others in Marco Island, FL.

Med. Sold Price

$1.3M

Med. Price/SqFt

$690

Avg. Days On Market

75

# of Sold Homes

84

140 Palm St Unit 3 vs Marco Island

52 DAYS ON ROCKET

-23 Days

$725,000

-$575K Less

$713/SqFt

+$22 More

KEY TAKEAWAY

This property is $575K less than the Median Sold Price and $22/SqFt more than other homes in Marco Island, FL.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224021462

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Jana Caudill

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 4:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1027294
8
/10
  • Tommie Barfield Elementary School

  • 101 Kirkwood St

  • 2.57 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1027295
4
/10
  • Manatee Middle School

  • 1920 Manatee Rd

  • 6.05 miles

  • Public District Grades 6-8

High School

school-card-donut-1027296
3
/10
  • Lely High School

  • 1 Lely High School Blvd

  • 7.97 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,934. Residents of Marco Island, FL typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 140 Palm St Unit 3

What is the listing price of this property?

The listing price of 140 Palm St Unit 3 property is $725,000.

What type of property is this?

The property 140 Palm St Unit 3 is a condo located in Marco Island, Florida, 34145.

Is this property for sale now?

Active Listing: 140 Palm St Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 140 Palm St Unit 3 are:
Tommie Barfield Elementary School: GreatSchools Rating 8/10
Manatee Middle School: GreatSchools Rating 4/10
Lely High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 140 Palm St Unit 3 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 140 Palm St Unit 3 is 1,017 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 140 Palm St Unit 3 is 2001.

Rocket Homes›Florida›Collier County›Marco Island›34145›140 Palm St Unit 3

This home is located at 140 Palm St Unit 3 in Marco Island, FL and zip code 34145. This 1,017 square foot home was built in 2001. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $725,000.

Marco Island, FL housing market in March 2024 saw over 1 listings sold above listed price, more than 6 sold at listed price and over 77 sold below. In March 2024 in Marco Island, FL there were 6% more homes for sale than in February 2024. Listings spent 75 days on the market in March 2024, and had a median list price of $1,300,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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