821 PALM STREET, Marco Island, FL 34145 (MLS# 2252494)

Island Location: Old Marco

Community: Marco Island

Subarea Type: Water Direct

Property SubType: Single Family Residence

Listing Contract Date: 2025-12-18

List Price: $1,895,000

Current Price: $1,895,000

Tax Unit: 0

Tax Block: 1

Tax Lot: 38

Parcel Number: 64611200002

Tax Annual Amount: 12080

Tax Year: 2025

Special Assessment: No

Furnished: Turnkey

Flood Plain: Yes

A/C SqFt: 3754

Bathrooms Half: 0

Lot Size Dimensions: 36x193x135x120

Stories: 3

Total Baths: 4

# Office Den: 1

Rear Exposure: Southeast

Garage Spaces: 1

Vehicle Restriction Y/N: No

Boat Dock: Yes

Boat Lift: Yes

Pool Private Y/N: Yes

Spa Y/N: No

Acres: 0.35

HOA Y/N: No

Total Area-SqFt: 3754

Year Built: 1987

Bedrooms Total: 5

Bathrooms Full: 4

Public Remarks: 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.

None Available: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Refrigerator With Ice Maker: 1

Washer: 1

None: 1

None: 1

Concrete Block Structure: 1

Stucco: 1

Ceiling Fan(s): 1

Central Air: 1

Buyer Obtain Mortgage: 1

Cash: 1

Central Heating: 1

Balcony: 1

Dining-Living Room: 1

Carpet: 1

Tile: 1

Wood: 1

City Lot: 1

Built-in Features: 1

Inside: 1

Resale: 1

Metal: 1

Sewer Central: 1

City: 1

Public: 1

Three Or More: 1

Listing Agent has no Relationship with Seller: 1

Shower Only: 1

City: 1

County: 1

Property Appraiser Office: 1

Canal: 1

Access Private Dock: 1

Canal Front: 1

No Bridge: 1

Picture: 1

In-Ground: 1

Street Number: 821

Street Name: PALM

Street Suffix: STREET

County: Collier

State: FL

Postal Code: 34145

Subdivision Name: Old Marco Village

Status: Active