$330,000
SOLD APR 28, 2023

850 Palm St Unit F2 Marco Island, FL 34145

1 Bed
1 Bath
494 Sq Ft
$451/mo HOA Fee

Recently Sold

$668 Per Sq Ft

5% Below List Price

29 Days on Market

Highlights

  • Boat Dock
  • Access to Bay or Harbor
  • Waterfront
  • Tommie Barfield Elementary School Rated A
  • River View
  • Contemporary Architecture

About This Home

As of April 2023

Paradise awaits you at this waterfront delight! LOCATION, LOCATION, LOCATION! Enjoy paradise living at this 1st floor, garden view condo. This 1 bedroom, 1 bathroom condo is located in the Olde Marco area of Marco Island and nestled amidst quaint surroundings. This property is being sold furnished and offers wonderful coastal decor! All windows, doors, and sliders are hurricane rated. The AC and water heater have been updated. Tile flooring is throughout and granite countertops are in both the kitchen and bathroom! Enjoy the community amenities including a BRAND NEW POOL (Coming Soon!), grilling area, common boat slips for lease, a community fishing pier, common laundry, extra storage, assigned parking, 1 small pet with approval, and daily sunsets and sunrises! Enjoy all that Olde Marco has to offer, located just minutes by boat to the Gulf of Mexico and nearby local shops and restaurants.

Last Agent to Sell the Property

Kristina Lambros

Keller Williams Marco Realty License #267511630 Listed on: 03/30/2023

Keller Williams Marco Realty

Last Buyer's Agent

Kristina Lambros

Keller Williams Marco Realty License #267511630 Listed on: 03/30/2023

Keller Williams Marco Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $451 Monthly HOA Fees

Property Views

  • River
  • City
  • Pool

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 494 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 1 Bedroom
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Access to Bay or Harbor
  • Screened Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / F
  • Assessor Parcel Number 59282200006

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, ground maintenance, pest control, reserve fund, sewer, trash, water
  • 61 Units
  • Association Phone (239) 642-5466
  • Marco Inn Villas Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities
  • Bike Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,653

Year Built

Built in 1971

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: MARCO INN VILLAS
  • Architectural Style: Contemporary, Garden Home, Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 1971
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Freezer, Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Living/Dining Room, Pantry, Tub Shower, High Speed Internet, Split Bedrooms
  • Living Area: 494.0
  • Dining Room Type: Screened Porch
  • Stories: 1
  • Window Features: Sliding, Impact Glass

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: City, Pool, River
  • View: Yes
  • Waterfront Features: Bay Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s), Seller Disclosure
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: West
  • Exterior Features: Security/High Impact Doors, None
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Security: None
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel
  • Amenities: Boat Dock, Bike Storage, Laundry, Barbecue, Picnic Area, Pier, Pool, See Remarks, Management
  • Association #2 Fee: 451.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-642-5466
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 59282200006

Multi Family

  • Number Of Units In Community: 61

Tax Info

  • Tax Annual Amount: 1653.08
  • Tax Block: F
  • Tax Lot: 2
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 28, 2023
Sold by
Stenz James and Stenz Cristen
Bought by
Zaubi Stephen L
Seller's Agent
Kristina Lambros
Keller Williams Marco Realty
Buyer's Agent
Kristina Lambros
Keller Williams Marco Realty
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.18%

Purchase Details

Listed on
Dec 11, 2018
Closed on
Feb 7, 2019
Sold by
Allen Daniel R and Allen Dawn
Bought by
Stenz James
Seller's Agent
Gloria Roberts
Downing-Frye Realty
Buyer's Agent
Kristina Lambros
Keller Williams Marco Realty
List Price
$199,000
Sold Price
$191,500
Premium/Discount to List
-$7,500
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$153,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2010
Sold by
Peppers Samantha
Bought by
Allen Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2004
Sold by
Needles Irene
Bought by
Peppers Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Donaldson Ruth Ann
Bought by
Needles Irene

Purchase Details

Closed on
Jun 25, 2003
Sold by
Eckland Ann R and Wilson Gary
Bought by
Donaldson Ruth Ann
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $330,000 None Listed On Document
Warranty Deed $330,000 None Listed On Document
Warranty Deed $191,500 First Title & Abstract
Warranty Deed $97,500 Sunbelt Title Agency
Warranty Deed $245,000 --
Warranty Deed $170,000 --
Warranty Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $153,200 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $220,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 For Sale $349,900 +6.0% $708 / Sq Ft
04/28/2023 04/28/23 Sold $330,000 -5.4% $668 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $349,000 +82.2% $706 / Sq Ft
02/07/2019 02/07/19 Sold $191,500 -3.8% $388 / Sq Ft
12/30/2018 12/30/18 Pending -- -- --
12/11/2018 12/11/18 For Sale $199,000 -- $403 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $2,254 $247,000 -- $247,000
2024 $747 $247,000 -- $247,000
2023 $747 $63,210 $0 $0
2022 $1,653 $152,152 $0 $0
2021 $1,497 $138,320 $0 $138,320
2020 $1,595 $148,200 $0 $148,200
2019 $1,490 $135,850 $0 $135,850
2018 $1,414 $126,612 $0 $0
2017 $1,281 $115,102 $0 $115,102
2016 $1,280 $112,107 $0 $0
2015 $1,214 $101,915 $0 $0
2014 $1,097 $92,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223024068

Florida Gulf Coast Multiple Listing Service

APN: 59282200006