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$4,290,000

Beds
4
Baths
4.0
sq ft
3,200

5 Covewood Ct, Marco Island, FL 34145

5 Covewood Ct

Marco Island, FL 34145

  • 51 days on market
    • Price drop $209,999↓
''Brand New CONSTRUCTION, 2024 COMPLETED.''GORGEOUS"MOVE-IN READY NOW"WATER FRONT- HOME'', NO WAITING TO BUILD"!!!, Long water view, Direct Access, no bridges, Open water, COASTAL CHIC FLARE 'CASUAL- sophisticated, comfort''(New LUXURY Designer, Furnished, from all high- End Stores' 'BONUS BOAT KEY WEST ALL AROUND FISHING AND FUN INCLUDED),'' EXTRA EXTRA Large Lot, room for YOUR Boat, RV, Pickle ball court etc.''NEW- Dock installed IMPERIAL DOCK with fish station, water and electric!!! 3 car garage over sized, LOTS OF new ,STORAGE selves added, electric CAR plug in, '''Beautifully, appointed wood floors''',10 inch base ,designer kitchen, Bosch appliances, 4-inch Quartz center Ialand,2 water- falls, Cabinets-under lighting and Above, latest in colors,,brick walls , with,2-modern electric fireplaces, in primary bedroom and great room,wooden beams in great room,designer- lighting throughout,'12 foot sliding glass doors'' spa like IN PRIMARY bath'', Large walk-in closet in PRIMARY BEDROOM.""GREAT 2nd floor',2 large bedrooms +Great seating in TV area for guests, open air Laini and private bath ..Large POOL and SPA Included outdoor kitchen for your fresh catch of the day AND extra outdoor patio in yard + grill.'' !!!HURRICANE READY, IMPACT WINDOWS AND DOORS.walk to shopping and dining, close to private MARCO Beach PRIVATE - members only, with restaurant included, short bike ride ...location location,''EZ show'' LETS MAKE A DEAL!!!MUST SEE PHOTOS

Details

Property type

Single Family Residence

Est. home value

$2,907,359

Property condition

New Construction

Lot size

0.36 acres

Price per sq ft

$1,341

Year built

2024

Annual property taxes

$17,412.71

HOA

No

Price History

01/07/2025

FGCMLS #224099098

Price change
$4,290,000
-4.67%
12/10/2024

FGCMLS #224099098

Price change
$4,499,999
-4.26%
12/10/2024

FGCMLS #224099098

Listed
$4,699,999
+24.34%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Nationsbank N A

Loan start date

April 1999

Original loan amount

$49,600

Est. remaining balance

Not provided

Interest rate

6.89%

Loan type

Not Provided

Seller

Robert Arello and Joanne Arello

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/31/2025 at 12:55 AM

Listing updated: 01/08/2025 at 10:30 AM

Listed by: Nancee O'Brien, PA, Sun Realty Phone #: (239) 649-1990

MLS: FGCMLS #224099098

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