Experience elevated island living from this extraordinary 5,150 sq ft penthouse residence in the heart of charming Marco Island. Penthouse 5, perched on the 5th floor, captures sweeping panoramic views of the Island skyline and the shimmering Gulf, all just steps from the iconic Snook Inn and the beloved shops and waterfront charm of Old Marco. Designed for both grand entertaining and relaxed coastal living, this 4-bedroom + study, 4.5-bath residence with a private theater room lives like a luxury single-family home in the sky. Soaring ceilings and walls of sliders wrap the great room, flooding the space with natural light and seamlessly connecting indoors to the expansive covered and screened wraparound balcony. The main level features a spacious primary suite, an impressive great room, chef's kitchen, custom study with built-ins, a private guest suite, half bath, theater room, and laundry. Upstairs, a second owners' suite and a charming bunk room create the perfect retreat for family and guests. A rare opportunity to own a true penthouse in one of Marco Island's most treasured neighborhoods--where timeless charm meets breathtaking views.
For sale
$2,500,000
160 Palm ST #5, MARCO ISLAND, FL 34145
4beds
5,132sqft
Condominium
Built in 2001
-- sqft lot
$-- Zestimate®
$487/sqft
$2,146/mo HOA
What's special
Theater roomPrivate theater roomImpressive great roomSpacious primary suiteSoaring ceilingsCharming bunk roomPrivate guest suite
- 57 days
- 97
- 2
Zillow last checked:
Listing updated:
Listed by:
Lisa Bushnell 239-250-7653,
Re/Max Alliance Group
Source: SWFLMLS,MLS#: 226025948
Originating MLS: Naples
Originating MLS: NaplesFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Den - Study, Media Room, Screened Balcony, 4 Bedrooms Plus Den
Dining room
- Features: Dining - Family
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Disposal, Microwave, Refrigerator/Freezer
- Laundry: Inside
Features
- Volume Ceiling, Window Coverings, Den - Study, Laundry in Residence, Media Room, Screened Balcony
- Flooring: Tile
- Doors: Impact Resistant Doors
- Windows: Window Coverings, Impact Resistant Windows
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 5,400
- Total interior livable area: 5,132 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Under Bldg Open, Attached
- Attached garage spaces: 3
Features
- Stories: 5
- Exterior features: Balcony
- Has view: Yes
- View description: Gulf, Landscaped Area, Partial Buildings
- Has water view: Yes
- Water view: Gulf
- Waterfront features: None
Details
- Parcel number: 59047000108
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Concrete Block
- Roof: Built-Up
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Water: Central
Community & HOA
Community
- Features: Condo/Hotel, Non-Gated
- Security: Smoke Detector(s)
- Subdivision: MARCO CAT PENTHOUSE
HOA
- Has HOA: No
- HOA fee: $25,752 annually
Location
- Region: Marco Island
Financial & listing details
- Price per square foot: $487/sqft
- Tax assessed value: $1,796,200
- Annual tax amount: $15,813
- Date on market: 7/13/2026
- Lease term: Buyer Finance/Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listed for sale | $2,500,000-43.2%$487/sqft |
Source:  SWFLMLS #226025948 Report a problem | ||
| 2/6/2024 | Listing removed | -- |
Source:  Coconut Coast Realtors #223091059 Report a problem | ||
| 2/4/2024 | Listed for sale | $4,400,000$857/sqft |
Source: Coconut Coast Realtors #223091059 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,814 +4.4% | $1,690,597 +10% |
| 2024 | $15,144 +2% | $1,536,906 +10% |
| 2023 | $14,842 +2.5% | $1,397,187 +10% |
| 2022 | $14,484 +15.9% | $1,270,170 +10% |
| 2021 | $12,494 +2.8% | $1,154,700 +2.3% |
| 2020 | $12,151 -1.8% | $1,129,040 |
| 2019 | $12,380 +4.5% | $1,129,040 +4.8% |
| 2018 | $11,848 | $1,077,720 +2.4% |
| 2017 | $11,848 +1.2% | $1,052,060 +7.9% |
| 2016 | $11,713 +6.5% | $975,080 +5.6% |
| 2015 | $10,999 +2.7% | $923,760 +5.9% |
| 2014 | $10,714 +4.1% | $872,440 |
| 2013 | $10,289 -16.1% | $872,440 -15% |
| 2012 | $12,265 -19.6% | $1,026,400 -20% |
| 2011 | $15,246 -13% | $1,283,000 -7.4% |
| 2010 | $17,526 -1.4% | $1,385,640 -10% |
| 2009 | $17,770 | $1,539,600 -9.1% |
| 2008 | $17,770 -17.3% | $1,694,018 -5% |
| 2007 | $21,489 -11.4% | $1,783,177 -5% |
| 2006 | $24,267 | $1,877,029 -5% |
| 2005 | $24,267 +7.3% | $1,975,820 +10% |
| 2004 | $22,615 | $1,796,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34145
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