NOT LISTED FOR SALE

1051 Swallow Ave Unit 204 Marco Island, FL 34145

Estimated Value: $597,000 - $694,767

3 Beds
2 Baths
1,762 Sq Ft
1981 Built

Last Sold February 05, 2024

Last sale price $705,000 $400 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,669/month

44 Days on Market

Highlights

  • Private Dock
  • Home fronts a seawall
  • Custom Closet System
  • Tommie Barfield Elementary School Rated A
  • Water access To Gulf or Ocean
  • Contemporary Architecture

About This Home

As of February 2024

Welcome to Marco Island, a pristine island location in Southwest Florida with three and a half miles of white sandy crescent beach on the Gulf of Mexico. Misty Cove is a low-density building located in one of the quietest areas of Marco Island. With nearly 1,800 feet, there are three bedrooms, two updated full baths, a new kitchen and an open floor plan for dining and relaxing. This unit is one of the largest in the building and is newly renovated and freshly painted. The 200 square foot lanai has views over the island greenery. There is plentiful storage with four walk-in closets as well as a secure storage area in the garage area - perfect for sandy beach gear. This condo shows pride of ownership and has never been rented. The improvements are plentiful including the HVAC (2017), condensor (2022), hot water heater (2018), High Wind Shutters on windows and the lanai, custom built-ins, and new flooring. Covered assigned parking and an elevator make for easy access. The outside of the building has a new roof, new seawall, beautiful plantings and is freshly painted. The canal-side heated pools and dock areas are well equipped with a grill, refrigerator, bathrooms and a lovely area with bar stools, counter and sink for entertaining and fishing. The boat dock is on a first come, first serve basis. There are no bridges to get to the Gulf of Mexico through Caxambas Pass. The complex is walking distance to the beach, fishing dock, restaurants, movie theater and shops. Come enjoy Marco life!

Last Agent to Sell the Property

Kathleen Kroll

Harborview Realty Inc Brokerage Email: BuyMarcoIsland@gmail.com License #3346368 Listed on: 11/21/2023

Last Buyer's Agent

Jacqueline Aquilio

Premiere Plus Realty Company License #3460590

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 1981

Lot Details

  • Home fronts a seawall
  • Home fronts a canal
  • West Facing Home
  • Landscaped
  • Irrigation

Parking

  • Tuck Under Parking
  • Assigned parking located at #204

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,762 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Electric Shutters
  • Entrance Foyer
  • Combination Dining and Living Room
  • Pool Views
  • Pest Guard System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Custom Closet System
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Private Dock
  • Balcony

Location

  • In Flood Plain

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 60230480003

Community Details

Overview

  • No Home Owners Association
  • Application Fee Required
  • $957 Maintenance Fee
  • Association fees include cable TV, ground maintenance, pest control, trash, water, sewer
  • 21 Units
  • Misty Cove Community
  • Misty Cove Condo Subdivision
  • Park Phone (239) 642-5466
  • Property managed by Resort Management

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,827

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Misty Cove Condo
  • Architectural Style: Contemporary
  • Building Name: MISTY COVE
  • Unit Levels: One
  • Year Built: 1981
  • Attribution Contact: BuyMarcoIsland@gmail.com
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 60230480003
  • Location Tax and Legal:Tax Annual Amount: 2827.0
  • Location Tax and Legal:Tax Year: 2023
  • Location Tax and Legal:Land Lease YN: No
  • General Property Information:Condominium Name: MISTY COVE
  • General Property Information:Stories Total: 3
  • General Property Information:Unit Floor: 2
  • General Property Information:Furnished: Furnished
  • General Property Information:Flood Plain: Yes
  • General Property Information:AC SqFt: 1762.0
  • General Property Information:Rear Exposure: West
  • General Property Information:Boat Dock: Yes
  • General Property Information:Community Pool: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:HOA YN: No
  • General Property Information:Application Fee: 100.0
  • General Property Information:Maintenance Fee Per Month: 957.0
  • Contract Information:Management Firm: Resort Management
  • Contract Information:Manager Phone: 2396425466
  • General Information Details:Number Of Units Total: 21
  • Architectural Style:Contemporary: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Approval:Application Fee3: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Floor:Tile: Yes
  • Hot Sheet:Condominium: Yes
  • Maintenance Includes:Cable TV: Yes
  • Maintenance Includes:Irrigation: Yes
  • Maintenance Includes:Landscaping: Yes
  • Maintenance Includes:Management: Yes
  • Maintenance Includes:Trash: Yes
  • Pets Allowed:With Approval: Yes
  • Pets Allowed:Pet Restrictions2: 1 cat, or 1 dog up to 12 lbs.
  • General Property Information:Boat Lift: No
  • Dining Area:Dining-Living Room: Yes
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Separate Tub Shower: Yes
  • Levels:One: Yes
  • Floor:Wood: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer: Yes
  • Maintenance Includes:Water: Yes
  • View:Pool2: Yes
  • Dock:Common: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Custom Closets, Elevator, Entrance Foyer, Walk-In Closet(s), Breakfast Bar, Double Vanity
  • Living Area: 1762.0
  • Stories: 3
  • Window Features: Electric Shutters
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range3: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Custom Closets: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Pool Private: No
  • View: Pool
  • Waterfront Features: Canal Front, No Bridge, Seawall, Access Common Dock, Access Gulf
  • Waterfront: Yes
  • Construction Type: Concrete Block Structure
  • Exterior Features: Balcony
  • Construction Materials:Concrete Block Structure: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Seawall: Yes
  • Window and Door Features:Electric Shutters: Yes
  • Waterfront Features:Access Gulf: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:No Bridge: Yes
  • Waterfront Features:Access Common Dock: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Under Building Open
  • General Property Information:Garage Spaces: 1
  • Parking Features:Assigned Parking Space2: 204
  • Parking Features:Under Building Open: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Elevator(s), Barbecue, Pool
  • Association: No
  • Pets Allowed: With Approval

Association/Amenities

  • Association Amenities:Barbecue: Yes
  • Association Amenities:Pool: Yes
  • Association Amenities:Elevator(s): Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Pest Control, Trash, Water, Sewer

Lot Info

  • Land Lease: No
  • Parcel #: 60230480003

Multi Family

  • Number Of Units In Community: 21

Tax Info

  • Tax Annual Amount: 2827.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 31, 2024
Sold by
Fiorini Alice A
Bought by
Lembo James Anthony and Lembo Rosemary
Seller's Agent
Kathleen Kroll
Harborview Realty Inc
Buyer's Agent
Jacqueline Aquilio
Premiere Plus Realty Company
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Views
88
Current Estimated Value
$652,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,558
Avg. Annual Appreciation
-4.06%
Original Mortgage
$415,000
Outstanding Balance
$407,666
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$244,776

Purchase Details

Closed on
Jun 20, 2017
Sold by
Fiorini Alice A
Bought by
Fiorini Alice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2013
Closed on
Mar 29, 2014
Sold by
August Mary
Bought by
Fiorini Alice A and Misty Cove 204 Land Trust
Seller's Agent
Chris Sullivan
RE/MAX Alliance Group
Buyer's Agent
Susan Ackerson
Anchor Real Estate
List Price
$369,000
Sold Price
$315,000
Premium/Discount to List
-$54,000
-14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Feb 16, 2005
Sold by
August Rosemary C
Bought by
August Rosemary C and Rosemary C August 1998 Revocable Trust

Purchase Details

Closed on
Aug 9, 1993
Sold by
August Stanley F and August Rosemary G
Bought by
Prudential Home Mtg Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,800
Interest Rate
7.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lembo James Anthony $705,000 None Listed On Document
Fiorini Alice A -- Attorney
Fiorini Alice A $315,000 Attorney
August Rosemary C -- --
Prudential Home Mtg Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lembo James Anthony $415,000
Previous Owner Fiorini Alice A $165,000
Previous Owner Prudential Home Mtg Co Inc $97,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2024 02/05/24 Sold $705,000 -2.8% $400 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
11/21/2023 11/21/23 For Sale $725,000 +130.2% $411 / Sq Ft
04/01/2014 04/01/14 Sold $315,000 -14.6% $179 / Sq Ft View Prior Sale
03/29/2014 03/29/14 Pending -- -- --
11/22/2013 11/22/13 For Sale $369,000 -- $209 / Sq Ft
Source: Marco Island Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,843 $617,890 -- $617,890
2024 $2,827 $354,744 -- --
2023 $2,827 $344,412 $0 $0
2022 $2,990 $334,381 $0 $0
2021 $3,088 $324,642 $0 $0
2020 $3,028 $320,160 $0 $320,160
2019 $3,084 $320,160 $0 $320,160
2018 $3,091 $320,160 $0 $320,160
2017 $3,130 $320,160 $0 $320,160
2016 $3,133 $316,636 $0 $0
2015 $3,448 $297,254 $0 $0
2014 -- $174,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2232218

APN: 60230480003