NOT LISTED FOR SALE

557 Hernando Dr Marco Island, FL 34145

Estimated Value: $1,156,000 - $1,381,000

2 Beds
2 Baths
1,588 Sq Ft
$773/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $1,225,000 $771 Per Sq Ft

Current estimated payment $7,218/month

32 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Deeded Boat Dock
  • Views of Intersecting Canals
  • Tommie Barfield Elementary School Rated A
  • Heated In Ground Pool
  • Intersecting Canals

About This Home

As of April 2024

This house is a beach lover's dream! With its super close proximity to the Tigertail beach entrance, you'll be stepping onto Marco's stunning sugar sand Gulf beach in no time. Whether you're planning to make this your forever home or an investment property, the location is unbeatable. It's not just a house; it's an investment opportunity; excellent beach rental bringing $75,000+ income in 2023 with 3 months of owner use! Step inside, and you'll find a pristine interior that's been well-maintained. The updates in this home are impressive, from the newer furniture and new guest bath to the modernized kitchen with newer cabinets and appliances. The primary bath also boasts newer cabinets, and both bedrooms have sliders leading to the inviting pool area. Don't miss the bonus area in the laundry room, perfect for added storage or a convenient workspace. The new standing seam metal roof adds durability and a modern touch to this already excellent home. The new landscaping enhances the curb appeal, and the extra-wide waterway and converging waterway views towards the west provide beautiful sunsets and a sunny pool area. Even the garage has been upgraded with new epoxy flooring. With all of its recent updates, a new pool heater, pool skimmer & pool pump, plus new screen at the lanai at this prime location, this house is not just a place to live; it's an investment in the beachfront lifestyle you've always dreamed of. It is a testament to the perfect Florida lifestyle, offering a combination of easy beach access, modern upgrades, and breathtaking views. It's a beachside gem!

Last Agent to Sell the Property

Wendy Mccarty

Keller Williams Marco Realty License #3022192 Listed on: 01/09/2024

Keller Williams Marco Realty

Last Buyer's Agent

Of Realtors 08-Naples Area Board

Local Associations

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,501

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x110x80x110
  • 80 Feet of Waterfront
  • Home fronts a seawall
  • Home fronts a canal
  • Northwest Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intersecting Canals
  • Canal

Home Design

  • Coastal Architecture
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,588 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Windows
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Intersecting Canals
  • Deeded Boat Dock
  • Access to a Dock
  • Lanai

Additional Features

  • In Flood Plain
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Marco Island Community
  • Marco Beach Unit 12 Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 390
  • Assessor Parcel Number 58050320009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,501

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 80x110x80x110
  • Subdivision Name: Marco Beach Unit 12
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1978
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Indirect
  • Location Tax and Legal:Parcel Number: 58050320009
  • Location Tax and Legal:Tax Annual Amount: 9501.0
  • Location Tax and Legal:Tax Year: 2023
  • General Property Information:Furnished: Furnished
  • General Property Information:Flood Plain: Yes
  • General Property Information:AC SqFt: 1588.0
  • General Property Information:Rear Exposure: Northwest
  • General Property Information:Boat Dock: Yes
  • General Property Information:Pool Private YN: Yes
  • General Property Information:HOA YN: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Floor:Tile: Yes
  • Primary BedroomBath Description:Shower Only: Yes
  • Location Tax and Legal:Tax Block: 390
  • Location Tax and Legal:Tax Lot: 12
  • General Property Information:Lot Size Dimensions: 80x110x80x110
  • General Property Information:Stories: 1
  • General Property Information:Boat Lift: No
  • General Property Information:Spa YN: No
  • General Property Information:Acres: 0.2
  • General Information Details:Water Front Footage: 80
  • Architectural Style:Ranch: Yes
  • Dining Area:Separate Dining Room: Yes
  • Hot Sheet:Single Family Residence: Yes
  • Sewer:Sewer Central: Yes
  • Water Source:Public: Yes
  • Dining Area:Eat-In Kitchen: Yes
  • Roof:Metal: Yes
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Split Bedrooms: Yes
  • Private Pool:In-Ground: Yes
  • Levels:One: Yes
  • View:Intersecting Canals: Yes
  • Private Pool:Screen Enclosure: Yes
  • Dock:Deeded: Yes
  • View:Canal: Yes
  • Private Pool:Electric Heat: Yes
  • Architectural Style:Coastal: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Custom Cabinets, Walk-In Closet(s), Eat-in Kitchen, Double Vanity
  • Living Area: 1588.0
  • Window Features: Sliding, Window Coverings
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range3: Yes
  • Interior Features:Custom Cabinets: Yes

Exterior Features

  • Lot Features: Mid Street Location
  • Pool Features: Electric Heat, In-Ground, Screen Enclosure
  • Pool Private: Yes
  • View: Intersecting Canals, Canal
  • Waterfront Features: Canal Front, Seawall, Access Private Dock
  • Waterfront: Yes
  • Construction Type: Concrete Block Structure
  • Patio And Porch Features: Lanai
  • Property Condition: Resale
  • Roof: Metal
  • Construction Materials:Concrete Block Structure: Yes
  • Patio and Porch Features:Lanai: Screened
  • Window and Door Features:Sliding: Yes
  • Lot Features:Mid Street Location: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Access Private Dock: Yes
  • Window and Door Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage Spaces: 2
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central Heating
  • Heating Yn: Yes
  • Sewer: Sewer Central
  • Water Source: Public
  • Heating:Central Heating: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None3: Yes

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 58050320009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9501.0
  • Tax Block: 390
  • Tax Lot: 12
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Apr 2, 2024
Sold by
Sanderson Robert David and Sanderson Lisa Marie
Bought by
Sullivan Patrick Farrel
Seller's Agent
Wendy Mccarty
Keller Williams Marco Realty
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$1,395,000
Sold Price
$1,225,000
Premium/Discount to List
-$170,000
-12.19%
Views
28
Current Estimated Value
$1,227,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,693
Avg. Annual Appreciation
0.14%
Original Mortgage
$612,500
Outstanding Balance
$603,383
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$624,310

Purchase Details

Closed on
Dec 4, 2020
Sold by
Landwaard Dorothy and Landwaard Rudolf E
Bought by
Sanderson Robert David and Sanderson Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2005
Sold by
Landwaard Rudolf E and Landwaard Dorothy
Bought by
Landwaard Dorothy and Landwaard Rudolf E

Purchase Details

Closed on
Oct 29, 2001
Sold by
Bauman William D and Bauman Mary A
Bought by
Landwaard Rudolf E and Landwaard Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

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List Price
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
Sullivan Patrick Farrel $1,225,000 None Listed On Document
Sanderson Robert David $725,000 Attorney
Landwaard Dorothy -- --
Landwaard Rudolf E $443,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Patrick Farrel $612,500
Previous Owner Sanderson Robert David $580,000
Previous Owner Landwaard Rudolf E $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $1,225,000 -6.5% $771 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $1,310,000 -6.1% $825 / Sq Ft
01/09/2024 01/09/24 For Sale $1,395,000 -- $878 / 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 $8,734 $1,012,665 $809,600 $203,065
2024 $9,502 $744,678 -- --
2023 $9,502 $676,980 $0 $0
2022 $7,381 $615,436 $0 $0
2021 $6,280 $559,487 $361,638 $197,849
2020 $7,211 $548,438 $420,640 $127,798
2019 $7,304 $547,126 $388,960 $158,166
2018 $7,332 $536,726 $0 $0
2017 $6,829 $487,933 $0 $0
2016 $6,638 $443,575 $0 $0
2015 $6,211 $403,250 $0 $0
2014 $5,719 $366,591 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2240085

APN: 58050320009