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$1,699,000

Beds
3
Baths
2.0
sq ft
1,750

788 Milan Ct, Marco Island, FL 34145

788 Milan Ct

Marco Island, FL 34145

  • 84 days on market
    • Price drop $150,000↓
    • Open house Nov 23
Whether you are looking for an investment property or a place to call home, this beautifully remodeled three-bedroom, two-bath single-family pool home offers low insurance rates and excellent rental potential. Along a tranquil canal with quick gulf access, this stunning residence was completely transformed in 2023, offering a serene water view, a private boat dock with a lift and a wealth of modern amenities. The exterior features a new storm-rated metal roof, impact windows and doors, and a refreshed driveway, walkway and stairs, all complemented by lush new landscaping. The expansive lanai, with its rescreened and freshly painted enclosure, boasts new tile flooring, a covered outdoor living space and an additional seating area by the water, ideal for entertaining or relaxing by the pool. The pool itself has been upgraded with a modern sports depth, a new heater and chiller with a Jandy remote system, built-in benches and a PebbleTec surface. Inside, this turnkey furnished home shines with new wood-like tile flooring, vaulted ceilings and abundant natural light. Every detail has been meticulously updated, including new paint inside and out, new lighting, ceiling fans and custom Hunter Douglas blinds throughout. The all-new kitchen is a chef's delight, featuring sleek white cabinets, quartz countertops, an island with seating and storage, and new LG stainless steel appliances. The family room seamlessly opens to the lanai through glass sliders, offering captivating water views. The formal dining area is enhanced by a new built-in buffet cabinet, ideal for hosting gatherings. The owner’s suite provides lanai access and a luxurious en-suite bath with a dual vanity, walk-in shower and custom walk-in closet. The two guest bedrooms share a beautifully appointed full bath with a shower-tub combo tiled from floor to ceiling. The laundry area includes a Whirlpool top-load washer and front-load dryer, with additional shelving for storage. The two-car garage is equipped with a Proslat storage system and new epoxy flooring. With its high elevation, this home offers practicality and luxury, including transferable flood insurance. Ideally near Residency Beach and the Esplanade, it provides easy access to all of Marco Island’s premier amenities, from pristine beaches to gourmet dining and shopping. This home is a rare gem, ideally positioned to enjoy the best of coastal Florida living.

Details

Property type

Single Family Residence

Est. home value

$1,286,732

Lot size

8,712 sq ft

Price per sq ft

$971

Year built

1999

Annual property taxes

$11,333.82

HOA

No

Price History

08/30/2024

FGCMLS #224071336

Listed
$1,699,000
-8.11%
08/26/2024
NABOR

NABOR #224016188

Removed
$1,849,000
07/22/2024
NABOR

NABOR #224016188

Price change
$1,849,000
-6.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

State Bank

Loan start date

October 2022

Original loan amount

$3,010,000

Est. remaining balance

Not provided

Interest rate

5.13%

Loan type

Commercial

Seller

Cqm Management Inc

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 12:20 PM

Listing updated: 11/19/2024 at 11:20 AM

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

MLS: FGCMLS #224071336

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