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$375,000

Beds
1
Baths
1.0
sq ft
494

850 Palm St Unit F4, Marco Island, FL 34145

850 Palm St Unit F4

Marco Island, FL 34145

  • 13 days on market
Discover your slice of paradise in this delightful ground-floor, end-unit condo this condo offers an unbeatable location in the heart of the sought-after Olde Marco area on Marco Island. This coastal-inspired one-bedroom, one-bathroom haven offers a tranquil escape with serene garden views. With a dock available to rent by the week, month, or year, this property is perfect for boaters seeking quick access to the Gulf of Mexico. The bright and airy interior is enhanced by the natural light that fills this end unit, creating a warm and welcoming atmosphere. Residents will enjoy the resort-style amenities, including a community swimming pool, a fishing pier and a grilling area. There’s ample storage for outdoor gear, along with assigned parking and on-site laundry facilities. Pets are welcome with approval, so you can bring your furry friend along to share in the island lifestyle. Stroll to nearby dining hotspots like the world-famous Snook Inn or the Boardroom Tavern, or simply relax and take in the stunning sunsets from the community pier. The laid-back charm of Marco Island is at your doorstep, offering the perfect blend of convenience and tranquility. Don’t miss your opportunity to experience waterfront living at its finest. Schedule your showing today and make this Olde Marco gem your new home!

Details

Property type

Condominium

Est. home value

$379,691

Lot size

Unknown

Price per sq ft

$760

Year built

1971

Annual property taxes

$928.46

HOA

Yes

Price History

01/17/2025

FGCMLS #225004321

Listed
$375,000
+18650%
08/23/2024
NABOR

NABOR #224031999

Removed
$2,000
05/22/2024
NABOR

NABOR #224031999

Price change
$2,000
-9.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

Number of units in community: 

61

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

$106,182
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$238,818
Cash to seller
$106,182

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

Seller’s Loan History

Lender

Lendsure Mortgage Corp

Loan start date

November 2023

Original loan amount

$241,600

Est. remaining balance

$238,818

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Fabio Andres Ramirez and Alba I Guzman

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 12:50 AM

Listing updated: 01/17/2025 at 6:10 PM

Listed by: Monica Alvarez, Waterfront Realty Group Inc Phone #: (239) 263-1000

MLS: FGCMLS #225004321

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