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Pending
  • Price cut: $40K (6/25)
    $459,000

    140 Palm St #209, Marco Island, FL 34145

    2beds
    961sqft
    : 
    $2,854/mo
    Get pre-qualified
    Condominium, Residential
    Built in 2001
    -- sqft lot
    $-- Zestimate®
    $478/sqft
    $-- HOA

    What's special

    Offered furnished
    This 2-bedroom, 2-bath corner-unit condo in Olde Marco offers a unique blend of island lifestyle and income potential, with nightly rental approval and a setting that places dining, shopping, and marinas just steps from your door. Local favorites like Snook Inn, Lee Be Fish Company, and the The Collier House are all within walking distance, along with the Shops of Olde Marco located on-site--creating an atmosphere that feels both vibrant and distinctly local. Marco Island's white-sand beaches are just minutes away, where soft sand, turquoise water, and Gulf sunsets become part of your everyday routine. Inside, the corner-unit layout allows for added natural light throughout, creating a bright and comfortable living space not found in many other units. The condo is offered furnished, making it easy to step right into island living or begin generating income without delay. The private lanai extends your living space outdoors--perfect for morning coffee, outdoor dining, or unwinding in the evening breeze. Set within the Olde Marco Inn community, the property offers a low-maintenance lifestyle with a relaxed, resort-style feel in one of the island's most character-rich areas. What truly sets this property apart is its flexibility. Whether you're looking for a personal escape, a seasonal retreat, or an income-producing asset, this unit offers nightly rental approval, along with the advantage of established rental management already in place, creating a seamless transition for the next owner. With a strong rental history, consistent occupancy, and repeat guests already in place, this property offers immediate income potential from day one. Recent updates include impact windows and doors (2022), new roof and exterior paint (2022), and a new A/C (2025)--providing both comfort and long-term peace of mind. This is an opportunity to own in one of Marco Island's most established and convenient island settings
    91 days
    |
    144
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Arbnore Halimi 239-398-4089,

    Realty One Group MVP

    Source: Marco Multi List,MLS#: 2260885MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 200 Square Feet
      • Dimensions: 10 x 20
      Living room
      • Level: Main
      • Area: 200 Square Feet
      • Dimensions: 20 x 10
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Oven, Dishwasher, Disposal, Microwave, Refrigerator
      Features
      • Eat-in Kitchen, Breakfast Bar
      • Flooring: Tile, Vinyl
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 961
      • Total interior livable area: 961 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Exterior features: Balcony
      • Pool features: Community, Association
      • Spa features: Association
      • Has view: Yes
      • View description: Inland
      Details
      • Parcel number: 64627000102

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Residential
      Materials
      • Block
      Condition
      • Year built: 2001

      Community & HOA

      Community
      • Features: Pool
      • Subdivision: Olde Marco A Condo
      HOA
      • Has HOA: No
      • Amenities included: Elevator(s), Pool, Retail Services, Spa/Hot Tub
      • Services included: Cable TV, Maintenance Grounds, Pest Control, Trash, Water, Sewer
      Location
      • Region: Marco Island

      Financial & listing details

      • Price per square foot: $478/sqft
      • Tax assessed value: $432,645
      • Annual tax amount: $3,289
      • Date on market: 4/29/2026
      • Cumulative days on market: 367 days
      • Listing terms: Buyer Obtain Mortgage,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/16/2026Pending sale$459,000$478/sqft
        Source: Marco Multi List #2260885 Report a problem
        6/25/2026Price change$459,000-8%$478/sqft
        Source: Marco Multi List #2260885 Report a problem
        4/29/2026Listed for sale$499,000$519/sqft
        Source: Marco Multi List #2260885 Report a problem
        5/3/2025Listing removed$499,000$519/sqft
        Source: Marco Multi List #2242076 Report a problem
        12/14/2024Price change$499,000-5.7%$519/sqft
        Source: Marco Multi List #2242076 Report a problem
        10/21/2024Listed for sale$529,000-3.6%$550/sqft
        Source: Marco Multi List #2242076 Report a problem
        10/1/2024Listing removed$549,000$571/sqft
        Source: Marco Multi List #2241530 Report a problem
        8/12/2024Price change$549,000-2.8%$571/sqft
        Source: Marco Multi List #2241530 Report a problem
        6/13/2024Price change$565,000-3.4%$588/sqft
        Source: SWFLMLS #224030788 Report a problem
        5/6/2024Price change$584,900-1.7%$609/sqft
        Source: SWFLMLS #224030788 Report a problem
        4/11/2024Listed for sale$595,000$619/sqft
        Source: SWFLMLS #224030788 Report a problem
        4/3/2024Listing removed--
        Source: MIAMI #A11521061 Report a problem
        2/12/2024Price change$595,000-2.5%$619/sqft
        Source: MIAMI #A11521061 Report a problem
        1/26/2024Listed for sale$610,000+233.3%$635/sqft
        Source: MIAMI #A11521061 Report a problem
        8/5/2015Sold$183,000$190/sqft
        Source: Marco Multi List #2150675 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,289 +2.2%$299,862 +10%
        2024$3,219 +1.8%$272,602 +10%
        2023$3,163 +24.5%$247,820 +10%
        2022$2,541 +14.6%$225,291 +10%
        2021$2,216 +8.1%$204,810 +7.6%
        2020$2,049 -1.9%$190,395
        2019$2,088 +5.9%$190,395 +6.9%
        2018$1,971 $178,052 +10%
        2017$1,971 +6.6%$161,865 +10%
        2016$1,850 +11.4%$147,150 +22.7%
        2015$1,660 +15.7%$119,911 +10%
        2014$1,435 +22.8%$109,010 +10%
        2013$1,169 -6.4%$99,100 -5.2%
        2012$1,248 -11.2%$104,481 -11.7%
        2011$1,406 -33.3%$118,320 -15%
        2010$2,107 -6.6%$139,150 -24.8%
        2009$2,256 $185,075 -13.9%
        2008$2,256 -19.9%$215,075 -4.9%
        2007$2,818 +4.2%$226,132 -8.1%
        2006$2,704 $246,132 +11.8%
        2005$2,704 +0.3%$220,120 +2.9%
        2004$2,694 $214,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34145

        Getting around

        29 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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