For Sale House MLS# 225082012

821 Palm ST

MARCO ISLAND, FL 34145

$1,800,000

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About 821 Palm ST

Perfectly situated on the corner of Palm Street and Edington Place, this exceptional 2-unit property in Old Marco offers a rare opportunity for investors, or buyers, seeking flexible living options. The residence features (2) fully furnished units: Unit A has all the amenities and awaits potential remodel, if desired; Unit B is bright and fully remodeled and ready for prime income, if desired

Both units have a spacious layout with a one-of-a-kind floor plan ideal for generating rental income, creating a family compound, or living in one unit, while renting the other. Each unit has access to a private garage. Both units sit upon professional landscaping, which enhances both curb appeal and privacy, while the pool and water access beckon the Florida lifestyle experience, especially with direct access to the Gulf of America. Each unit offers excellent canal views and frequent osprey activity.

Unit A includes 2 bedrooms with private balconies, 2 bathrooms, and a loft with a full laundry room, kitchen, dining and living room with balcony. Unit B is newly remodeled, including quartz counters, tile floors, wine-cooler, washer & dryer. 3 bedrooms, 4 balconies, 2 bathrooms, galley kitchen, ample living room and dining area.

Additional highlights include four separate A/C units along with individual water and power connections for each unit, 6+ parking spaces (including 2 private garages). Large walk-out basement with storage cabinets, and 2 air-conditioners allow for ample storage or wreck-room. Offering exceptional versatility and strong investment potential, this Old Marco property is within walking distance to shops and restaurants, including the famous Snook Inn and stands out as a true gem, waiting for the unique buyer.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1987
Stories
3
Living area
3,754 sqft
Price / sqft
$479
Lot
0.35
Full baths
4
Furnished
Turnkey
Original price
$1,895,000
MLS #
225082012

Interior

Features
true, Central Electric, Dining - Living, Built-In Cabinets, Laundry in Residence, Carpet, Tile, Wood, Dishwasher, Dryer, Microwave, Refrigerator/Icemaker, Washer
Appliances
Dishwasher, Dryer, Microwave, Refrigerator/Icemaker, Washer
Flooring
Carpet, Tile, Wood
Heating
true, Central Electric
Cooling
true, Central Electric
Laundry
Laundry in Residence

Exterior & lot

Features
Below Ground, Two Story, Duplex, Single Family, Boat Dock Private, Balcony, Screened Balcony, Circular Driveway, Driveway Paved, Attached, Parking spaces: 2
Construction
Concrete Block, Stucco, 3, Concrete Block, Metal
Roof
Metal
Foundation
Concrete Block
Lot
Canal, View, OLD MARCO VILLAGE BLK 1 LOT 38 OR 1213 PG 644, 64611200002
View
Canal
Pool
Below Ground
Waterfront
Canal Front, Navigable, Seawall
Parking
Circular Driveway, Driveway Paved, Attached
Garage spaces
2

Schools

District
Collier County School District
Elementary
TOMMIE BARFIELD
Middle
MANATEE MIDDLE
High
MARCO ISLAND ACADEMY

Utilities

Utilities
Central
Water
Central

Financial

Financial
Naples
Annual tax
$13,206
Tax year
2024
Parcel
64611200002
Legal
OLD MARCO VILLAGE BLK 1 LOT 38 OR 1213 PG 644

Location

Subdivision
MARCO ISLAND
Area
MARCO ISLAND
County
Collier
Neighborhood
Olde Marco
Community
Collier, 0.0, Naples

Location

Neighborhood
Olde Marco
Subdivision
MARCO ISLAND
School district
Collier County School District

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Listed by Joe Bartos, PA, Premiere Plus Realty Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.