Seller's Agent in 2022
Michael Vale
Marco Island Vacation Properties
(239) 259-8100
66 in this area
74 Total Sales
501 Shalimar St Unit 7 Marco Island, FL 34145
Estimated Value: $1,676,995 - $2,034,000
3
Beds
2
Baths
2,593
Sq Ft
$714/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- Deeded Boat Dock
- Boat Lift
- Tommie Barfield Elementary School Rated A
- Water access To Gulf or Ocean
- Heated Pool and Spa
About This Home
As of January 2022Here's the bottom line: lovely, amenity-filled, waterfront home with beach access under a mile away. Its split-bedroom floorplan includes a main living area with vaulted ceilings that leads into a coastal white kitchen featuring granite countertops, a tile backsplash, soft-close drawers, and breakfast bar-seating. Off the kitchen, you will find the large laundry room with plenty of storage, counterspace, and a laundry tub. The primary bedroom features French doors that lead out to the lanai, a spacious walk-in closet, and a bathroom with dual sinks and a tiled walk-in shower. On the opposite side, you will find the additional two bedrooms with the guest bathroom nestled between. The den is currently configured as an additional bedroom and can easily be transformed into an office or sitting room. As you proceed to the garage, you will find plenty of storage cabinets that can be used as a pantry. The 2-car garage has a separate area that is perfect for a workshop and doors that lead to the backyard. The lanai features a pool and spa overlooking the canal, a covered seating area with sink and counterspace, an outdoor shower, and electric hurricane shutters. A path leads you to the newly installed, composite dock deck with a built-in bench, fish cleaning station, 10,000-lb boat lift, floating dock, and quick boating access out to the Gulf. The home sits on a corner lot, which provides additional fenced-in acreage. The home features a newer roof and is also a short distance to the Marco Walk Plaza, offering numerous chic dining and shopping options, as well as the Island's movie theater. With a strong rental history to boot, you cannot go wrong, whether for enjoyment or investment!
Last Agent to Sell the Property
Marco Island Vacation Properties License #3236886 Listed on: 10/19/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,734
Year Built
- Built in 1999
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 157x92x160x100
- 50 Feet of Waterfront
- Home fronts a seawall
- Home fronts a canal
- East Facing Home
- Fenced
- Corner Lot
- City Sprinkler System
- Fruit Trees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Circular Driveway
Home Design
- Turnkey
- Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,593 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Electric Shutters
- Sliding Windows
- French Doors
- Entrance Foyer
- Formal Dining Room
- Screened Porch
- Canal Views
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Shower Only
Laundry
- Dryer
- Washer
- Laundry Tub
Pool
- Heated Pool and Spa
- Heated In Ground Pool
- Outdoor Shower
- Screen Enclosure
Outdoor Features
- Water access To Gulf or Ocean
- Property fronts gulf or ocean with access to the bay
- Access to a gulf featuring a boat lift
- Rip-Rap
- Boat Lift
- Deeded Boat Dock
- Access to a Dock
- Lanai
Location
- In Flood Plain
- City Lot
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Marco Island Community
- Marco Beach Unit 7 Subdivision
- The community has rules related to vehicle restrictions
Listing and Financial Details
- Legal Lot and Block 21 / 217
- Assessor Parcel Number 57679560005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 23, 2025
Sold by
Held David B and Held Stacy D
Bought by
Stacy D Held Revocable Trust and Held
Current Estimated Value
Purchase Details
Closed on
Feb 15, 2024
Sold by
Held Stacy
Bought by
Held David and Held Stacy
Purchase Details
Closed on
Dec 7, 2023
Sold by
Baratz Drew E and Decicco Olga L
Bought by
Held Stacy
Purchase Details
Listed on
Oct 19, 2021
Closed on
Jan 31, 2022
Sold by
Danny M Hopkins Revocable Trust
Bought by
Baratz Drew E and Decicco Olga L
Seller's Agent
Michael Vale
Marco Island Vacation Properties
Buyer's Agent
Ralph Iorio
Achieve Realty
List Price
$1,895,000
Sold Price
$1,850,000
Premium/Discount to List
-$45,000
-2.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.03%
Original Mortgage
$1,295,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2018
Sold by
Meer Nicholas P and Maney Meer Nancy J
Bought by
Hopkins Danny M and Danny M Hopkins Revocable Trust
Purchase Details
Closed on
Dec 9, 2011
Sold by
Meer Nicholas P and Maney Meer Nancy J
Bought by
Meer Nicholas P and Maney Meer Nancy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2011
Sold by
Bloomingdale Alan D and Bloomingdale Malinda R
Bought by
Meer Nicholas P and Maney Meer Nancy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 1998
Sold by
Richter Gerhard Matthias
Bought by
Chambers Neal L and Chambers Susan E
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stacy D Held Revocable Trust | -- | None Listed On Document | |
| Held David | -- | None Listed On Document | |
| Held David | -- | None Listed On Document | |
| Held Stacy | $1,800,000 | None Listed On Document | |
| Baratz Drew E | $1,850,000 | Citizens Title | |
| Hopkins Danny M | $765,000 | Attorney | |
| Meer Nicholas P | -- | Attorney | |
| Meer Nicholas P | $500,000 | Attorney | |
| Chambers Neal L | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Baratz Drew E | $1,295,000 | |
| Previous Owner | Meer Nicholas P | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2022 01/31/22 | Sold | $1,850,000 | -2.4% | $713 / Sq Ft |
| 12/19/2021 12/19/21 | Pending | -- | -- | -- |
| 10/19/2021 10/19/21 | For Sale | $1,895,000 | -- | $731 / Sq Ft |
Source: Marco Island Area Association of REALTORS®
Tax History Compared to Growth
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 | $12,310 | $1,583,315 | $919,415 | $663,900 |
| 2024 | $14,417 | $1,320,924 | $894,052 | $426,872 |
| 2023 | $14,417 | $1,507,637 | $976,483 | $531,154 |
| 2022 | $10,284 | $844,602 | $0 | $0 |
| 2021 | $8,786 | $767,820 | $0 | $0 |
| 2020 | $7,734 | $698,018 | $344,250 | $353,768 |
| 2019 | $7,586 | $671,970 | $330,863 | $341,107 |
| 2018 | $5,817 | $548,315 | $0 | $0 |
| 2017 | $5,758 | $537,037 | $0 | $0 |
| 2016 | $5,486 | $507,853 | $0 | $0 |
| 2015 | $5,595 | $504,323 | $0 | $0 |
| 2014 | $5,606 | $450,320 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Vale
-
Ralph Iorio
Buyer's Agent in 2022
Ralph Iorio
Achieve Realty
(239) 571-1265
31 in this area
145 Total Sales
Map
Source: Marco Island Area Association of REALTORS®
MLS Number: 2216072
APN: 57679560005
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