Twelve condo buildings or complexes on Marco Island each have more than 200 apartments. These are the Admiralty, Tradewinds, Shipps Landing, the four South Seas Towers, Stevens Landing, Gulfview, Riverside, South Seas East and Anglers Cove. These dozen account for more than 25% of all the condo apartments on Marco Island. This week there are 59 condos for sale in this group, which is only 2% of the 2,826 condos in these complexes. They make up 23% of all the condos for sale, so they are quite representative of the Marco Island condo market – right now a sellers’ market in this price range. Prices for these condos range from $250,000 to $729,000. Many of these condos are on the beach and feature 600 to 1,240 square foot, one and two bedroom condos. They were allbuilt in the 1970’s and the 1980’s during Marco Island’s boom construction years. Many of them have been remodeled.
The four South Seas Towers total 860 condos and are directly on the beach. They have access to boat slips and are located in a secure gated community. This week there are 25 units for sale (3%) with prices ranging from $380,000 to $725,000 for two-bedroom, two-bathroom condos with 1,000 square feet to almost 1,200 square feet. These are popular condos, with balconies providing beach and Gulf views and great sunsets.
Another large complex on the island is Anglers Cove, with 320 apartments in 12, five-story buildings. The condos have one or two bedrooms, screened balconies and varying views. This week 7 condos are for sale (2%) at Anglers Cove, with prices ranging from $159,000 to $280,000.
South Seas East boasts 280 two-bedroomtwo-bathroom condos in a variety of 2-7 story buildings, with walkways between buildings. The complex is in a secure gated community, and has boat slips, access to the beach, pool and tennis courts. This week 5 condos are for sale (less than 2%), with prices ranging from $325,000 to $399,000.
The Riverside has 275 condos, typically 800 square foot one-bedroom arrangements, in 6 five-story buildings, with views of the Marco River. Five condos are for sale this week (less than 2%), with prices ranging from $250,000 to $315,000.
The 265-unit Gulfview is located adjacent to Residents’ Beach, and features two-bedroom, two-bathroom condos, ranging in size from 1,071 to 1,240 square feet. This week, 8 of them are for sale (3%), with prices ranging from $399,000 to $650,000.
Large condos provide a full range of amenities and plenty of social activities for those who are so inclined.