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For sale
  • Price cut: $5K (6/2)
    $484,900

    140 Palm ST #211, MARCO ISLAND, FL 34145

    2beds
    961sqft
    : 
    $3,802/mo
    Get pre-qualified
    Condominium
    Built in 2001
    -- sqft lot
    $-- Zestimate®
    $505/sqft
    $787/mo HOA

    What's special

    Turnkey furnishedCovered parkingOnsite laundry
    Welcome to your slice of paradise at Olde Marco Inn on beautiful Marco Island! This inviting 2-bedroom, 2-bathroom, 2nd floor condominium is offered turnkey furnished—just bring your suitcase and start enjoying the island lifestyle and also the opportunity of generating immediate rental income by taking over the existing AIRBNB with repeat customers, 4.89 rating, superhost designation, and $25,000 in annual rental income with the option to grow it further. Ideally located in the heart of Olde Marco, you’re just a short stroll to the iconic Snook Inn, as well as local favorites like Dolphin Tiki Bar & Grill, The Smith House Restaurant and Tavern, and Marek's Bar and Bistro. Enjoy easy access to boutique shopping, art galleries, waterfront dining, marinas, dive center, and scenic walking paths and views—all just steps from your door. In addition, take advantage of joining the renowned Residents Beach with a prime location, resort style amenities and easy parking for reasonable membership fees. Inside, the condo features an updated kitchen with modern finishes, perfect for entertaining. The spacious, southern-facing lanai offers abundant natural light and a tranquil setting to enjoy your morning coffee or evening cocktails year-round. Recent updates provide peace of mind, including a new HVAC system (2025), hot water heater (2026), and all new impact windows and doors (2021), along with access to the community pool and spa—ideal for relaxing after a day in the sun. Residents and guests will appreciate the convenience of onsite laundry, covered parking, and dedicated bike storage—ideal for exploring the island at your leisure. In addition, enjoy the heated pool and hot tub located in the community. Marco Island is known for its laid-back coastal charm, white sandy beaches, world-class fishing, boating, and breathtaking sunsets over the Gulf. Whether you're seeking a personal getaway, investment opportunity, or both, this property delivers the very best of the sunny Southwest Florida lifestyle.
    91 days
    |
    212
    |
    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Katie Malley 616-581-2829,

    Five Star Real Estate of FL,

    Missy Patterson 810-730-4383,

    Five Star Real Estate of FL

    Source: SWFLMLS,MLS#: 226016408MLS LogoOriginating MLS: Naples

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Screened Balcony, Screened Lanai/Porch, 2 Bed
      Bedroom
      • Features: Split Bedrooms
      Dining room
      • Features: Breakfast Bar, Dining - Living
      Kitchen
      • Features: Island, Pantry
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator/Freezer
      • Laundry: Common Area
      Features
      • Pantry, Screened Balcony, Screened Lanai/Porch
      • Flooring: Laminate, Tile
      • Windows: Impact Resistant Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 961
      • Total interior livable area: 961 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Covered, Driveway, Guest, Paved, Under Bldg Open, Attached Carport
      • Carport spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Screened Lanai/Porch
      • Exterior features: Balcony, Storage
      • Has private pool: Yes
      • Pool features: Community, In Ground
      • Has spa: Yes
      • Spa features: In Ground
      • Has view: Yes
      • View description: Partial River
      • Has water view: Yes
      • Water view: Partial River
      • Waterfront features: None
      Lot
      • Features: Zero Lot Line
      Details
      • Additional structures: Storage
      • Parcel number: 64627000128

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Stucco
      • Foundation: Concrete Block
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2001

      Utilities & green energy

      • Water: Assessment Paid

      Community & HOA

      Community
      • Features: Pool, Restaurant, Sidewalks, Condo/Hotel
      • Subdivision: OLDE MARCO INN
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Access, Common Laundry, Pool, Internet Access, Restaurant, Shopping, Sidewalk
      • HOA fee: $9,440 annually
      Location
      • Region: Marco Island

      Financial & listing details

      • Price per square foot: $505/sqft
      • Tax assessed value: $430,645
      • Annual tax amount: $3,280
      • Date on market: 4/23/2026
      • Lease term: Buyer Finance/Cash
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/2/2026Price change$484,900-1%$505/sqft
        Source: SWFLMLS #226016408 Report a problem
        4/23/2026Listed for sale$489,900+226.8%$510/sqft
        Source: SWFLMLS #226016408 Report a problem
        10/6/2014Sold$149,900$156/sqft
        Source: Marco Multi List #2140174 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,281 +2.2%$299,862 +10%
        2024$3,211 +1.8%$272,602 +10%
        2023$3,155 +24.6%$247,820 +10%
        2022$2,531 +14.2%$225,291 +10%
        2021$2,216 +8.1%$204,810 +7.6%
        2020$2,049 -1%$190,395 +1.7%
        2019$2,070 +7.5%$187,303 +10%
        2018$1,925 $170,275 +10%
        2017$1,925 +6.5%$154,795 +10%
        2016$1,807 +11.5%$140,723 +10%
        2015$1,621 +9.3%$127,930 +17.4%
        2014$1,484 +27%$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 +6.7%$226,132 -8.1%
        2006$2,642 $246,132 +14.4%
        2005$2,642 +0.4%$215,120 +2.9%
        2004$2,631 $209,000
        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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