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$8,950,000

Beds
3
Baths
3.0
sq ft
2,665

581 Conover Ct, Marco Island, FL 34145

581 Conover Ct

MARCO ISLAND, FL 34145

  • 52 days on market
It isn't every day you get to acquire one of the most beautiful waterfront properties on Marco Island with panoramic bay views. This desired, southern exposure, tip-lot location in the prestigious Estate section offers a commanding 247 feet of direct access frontage on Roberts Bay with 11 feet of elevation on a half-acre. The opportunities are endless for this site. With the orientation of the lot, your home is protected from the northerly winds in the winter and open to the welcome sea breezes during warmer months. Enjoy 180 degrees of unobstructed views of Robert's Bay, area wildlife and an abundance of privacy. If your lifestyle includes boating, take advantage of the deep water and bridgeless access to the Gulf of Mexico within 15 minutes from your dock. Due to the considerable bay frontage, you can strategically place your large boats so as not to impinge on the amazing view. If you aren't ready to build yet, make use of the existing luxury residence built by Slocum & Christian that was originally done with intention of adding on. This serves as a retreat where family and friends can gather, relax, and soak up the incredible setting and southwest Florida lifestyle. Property to be sold as-is.

Details

Property type

Single Family Residence

Est. home value

$5,641,981

Lot size

0.52 acres

Price per sq ft

$3,359

Year built

2000

Annual property taxes

$21,121.15

HOA

No

Price History

09/30/2024

FGCMLS #224078564

Listed
$8,950,000
-0.56%
04/16/2024
NABOR

NABOR #223008298

Removed
$9,000,000
02/09/2023
NABOR

NABOR #223008298

Listed
$9,000,000
+271.13%

Schools & Community

Elementary school: 

TOMMIE BARFIELD ELEMENTARY SCHOOL

Middle school: 

MARCO ISLAND CHARTER

High school: 

MARCO ISLAND ACADEMY

Negotiation Insights

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

Seller could get up to

$6,582,389
Asking price
$8,950,000
Closing costs (~8% of asking)
-$716,000
Est. remaining loan balance
-$1,651,611
Cash to seller
$6,582,389

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

May 2020

Original loan amount

$1,818,750

Est. remaining balance

$1,651,611

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Michael A Welty and Barbara W Welty

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: 11/22/2024 at 12:15 PM

Listing updated: 10/02/2024 at 4:00 PM

Listed by: James Prange, Premier Sotheby's Int'l Realty Phone #: (239) 642-2222

MLS: FGCMLS #224078564

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