$300,000
SOLD APR 19, 2022

850 Palm St Unit F4 Marco Island, FL 34145

1 Bed
1 Bath
494 Sq Ft
1971 Built

Recently Sold

$607 Per Sq Ft

2 Days on Market

Highlights

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

About This Home

As of April 2022

Paradise awaits you at this waterfront delight! LOCATION, LOCATION, LOCATION! Enjoy paradise living at this 1st floor, garden view/ end unit 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 ready for you to make it your own! Being sold unfurnished and a clean pallet ready for your décor! Enjoy the community amenities including a pool, 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 #3298084 Listed on: 03/18/2022

Keller Williams Marco Realty

Last Buyer's Agent

Kristina Lambros

Keller Williams Marco Realty License #3298084 Listed on: 03/18/2022

Keller Williams Marco Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 1971

Lot Details

  • Home fronts a seawall
  • End Unit
  • East Facing Home
  • Landscaped
  • Zero Lot Line

Parking

  • Assigned parking located at #F-4

Home Design

  • Contemporary Architecture
  • Garden Apartment
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 494 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Storage
  • Tile Flooring
  • Pest Guard System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

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

Location

  • In Flood Plain

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 59282280000

Community Details

Overview

  • No Home Owners Association
  • Application Fee Required
  • $450 Maintenance Fee
  • Association fees include cable TV, ground maintenance, pest control, trash, water, sewer
  • 26 Units
  • Low-Rise Condominium
  • Marco Inn Villas Community
  • Marco Inn Villas A Condo Subdivision
  • Park Phone (239) 642-5466
  • Property managed by Resort Management
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking, no recreational vehicles or boats

Amenities

  • Community Barbecue Grill
  • Bike Room

Recreation

  • Pier or Dock
  • Fishing Pier
  • Community Boat Launch
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction: Owners one small pet up to 8lbds

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,436

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Marco Inn Villas A Condo
  • Architectural Style: Contemporary
  • Building Name: MARCO INN VILLAS
  • Unit Levels: One
  • Year Built: 1971
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 59282280000
  • Location Tax and Legal:Tax Annual Amount: 1436.0
  • Location Tax and Legal:Tax Year: 2021
  • Location Tax and Legal:Land Lease YN: No
  • General Property Information:Condominium Name: MARCO INN VILLAS
  • General Property Information:Stories Total: 2
  • General Property Information:Unit Floor: 1
  • General Property Information:Furnished: Unfurnished
  • General Property Information:Flood Plain: Yes
  • General Property Information:AC SqFt: 494.0
  • General Property Information:Rear Exposure: East
  • 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: 450.0
  • Contract Information:Management Firm: Resort Management
  • Contract Information:Manager Phone: 239-642-5466
  • General Information Details:Number Of Units Total: 26
  • Architectural Style:Contemporary: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Approval:Application Fee3: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Floor:Tile: Yes
  • Hot Sheet:Condominium: Yes
  • Roof:Shingle: Yes
  • Maintenance Includes:Cable TV: Yes
  • Maintenance Includes:Landscaping: Yes
  • Maintenance Includes:Management: Yes
  • Maintenance Includes:Trash: Yes
  • Restrictions:No BoatTrailer: Yes
  • Restrictions:No TrucksRvs: Yes
  • Unit Design:Low Rise: Yes
  • Pets Allowed:With Approval: Yes
  • Pets Allowed:Pet Restrictions2: Owners one small pet up to 8lbds
  • General Property Information:Boat Lift: No
  • Levels:One: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer: Yes
  • Maintenance Includes:Water: Yes
  • View:Inland: Yes
  • Cooling:Wall Unit(s): Yes
  • Dock:Leased: Yes
  • Maintenance Includes:Recreation Facilities: Yes
  • Unit Design:End Unit: Yes
  • Unit Design:Garden Apartment: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Assigned Storage Space
  • Living Area: 494.0
  • Stories: 2
  • Window Features: Sliding
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Range3: Yes
  • Interior Features:Assigned Storage Space: F4

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Private: No
  • View: Inland
  • Waterfront Features: Seawall, Access Gulf
  • Waterfront: Yes
  • Common Walls: End Unit
  • Construction Type: Wood Frame
  • Patio And Porch Features: Lanai
  • Roof: Shingle
  • Patio and Porch Features:Lanai: Screened
  • Window and Door Features:Sliding: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Access Gulf: Yes
  • Lot Features:Zero Lot Line: Yes
  • Construction Materials:Wood Frame: Yes

Garage/Parking

  • Parking Features:Assigned Parking Space2: F-4

Utilities

  • Security: None
  • Cooling: Wall Unit(s), Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit
  • Heating Yn: Yes
  • Heating:Wall Unit: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Barbecue, Bike Storage, Boat Launch, Fishing Pier, Pier, Pool, See Remarks
  • Association: No
  • Pets Allowed: With Approval

Association/Amenities

  • Association Amenities:Barbecue: Yes
  • Association Amenities:Pool: Yes
  • Association Amenities:See Remarks7: Yes
  • Association Amenities:Boat Launch: Yes
  • Association Amenities:Fishing Pier: Yes
  • Association Amenities:Bike Storage: Yes
  • Association Amenities:Pier: Yes

Fee Information

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

Lot Info

  • Land Lease: No
  • Parcel #: 59282280000

Multi Family

  • Number Of Units In Community: 26

Tax Info

  • Tax Annual Amount: 1436.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2023
Sold by
Castillo Eric and Castillo Lisa
Bought by
Ramirez Fabio Andres and Guzman Alba I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Outstanding Balance
$238,275
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$129,048

Purchase Details

Closed on
Jun 8, 2021
Sold by
Estate Of David D Korn
Bought by
Marco Inn Villas Inc

Purchase Details

Listed on
Aug 5, 2016
Closed on
Sep 20, 2016
Sold by
Villarreal Carol L and Villarreal Joseph A
Bought by
Korn David D
Seller's Agent
Christine Waldren
Coldwell Banker Realty
Buyer's Agent
Christine Waldren
Coldwell Banker Realty
List Price
$159,000
Sold Price
$155,000
Premium/Discount to List
-$4,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$139,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1997
Sold by
Broten James O and Broten Patricia L
Bought by
Villarreal Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
7.93%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Burke Richard J
Bought by
Broten James O

Purchase Details

Closed on
Jun 19, 1996
Sold by
Burke James M
Bought by
Burke Richard J
Source: Public Records

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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 $302,000 Micasa Title Services
Trustee Deed -- Attorney
Warranty Deed $155,000 Sunbelt Title Agency
Warranty Deed $51,000 --
Warranty Deed $48,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,600 New Conventional
Previous Owner $139,500 New Conventional
Previous Owner $159,844 New Conventional
Previous Owner $180,500 Fannie Mae Freddie Mac
Previous Owner $180,000 Credit Line Revolving
Previous Owner $29,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 For Sale $375,000 0.0% $759 / Sq Ft
08/22/2024 08/22/24 Rented -- -- --
05/22/2024 05/22/24 Price Changed $2,000 -9.1% $4 / Sq Ft
05/10/2024 05/10/24 Price Changed $2,200 -7.6% $4 / Sq Ft
04/28/2024 04/28/24 Price Changed $2,380 -4.8% $5 / Sq Ft
04/12/2024 04/12/24 Price Changed $2,500 +4.2% $5 / Sq Ft
04/12/2024 04/12/24 For Rent $2,400 0.0% --
04/19/2022 04/19/22 Sold $300,000 +0.3% $607 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $299,000 +92.9% $605 / Sq Ft
09/20/2016 09/20/16 Sold $155,000 -2.5% $314 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $159,000 -- $322 / 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
2023 $928 $98,800 $0 $98,800
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: Marco Island Area Association of REALTORS®

MLS Number: 2220652

APN: 59282280000