Saturday, December 5, 2020

What Does $500K Buy on Marco?

Ville de Mar

Ville de Mar

CONDO  REPORT
Gary Elliott & Sandy Elliott

Marco Island condo list prices last week ranged from $118,000 for a Seabreeze West studio to $9.9 million for a grand penthouse at the Belize. The median list price of the 346 condos for sale last week on Marco Island was just under $500,000.

What does $500,000 buy? That depends on what you are looking for. Here is a representative sampling of nine condos within a few thousand dollars of the island’s median list price.

For an investor there is a 504 square foot one bedroom, one bathroom condo on the 6th floor of the Apollo on the beach listed for $497,000. The Apollo is one

South Seas Club

South Seas Club

of the few condos on the beach that allows weekly rentals. The restaurant on site and weekly rentals make the Apollo a favorite of renters on the island.

If you are looking for space, then there is a three bedroom, two and a half bathroom, 2,103 square foot condo at Vintage Bay listed for $499,999. Vintage Bay is a quiet gated community off San Marco Road with four high-rise buildings, pool and picturesque boardwalk to the bay.

Want to be on the beach? Last week there were four to pick from near the median list price, two of them at the Admiralty, both listed for $495,000 with 876 square feet and

The Admiralty Submitted Photos

The Admiralty Submitted Photos

two bedrooms and two bathrooms. Two more were at the gated South Seas Club. One was listed for $509,900 and has 1,070 square feet with two bedrooms and two bathrooms. The other was listed for $510,000 with 1,070 square feet and two bedrooms and two bathrooms.

Want to be on the water with boat docks? Then look at the 1,478 square foot condo at Ville de Mar West for $495,000, with three bedrooms and three bathrooms, or the 1,309 square foot condo at Villa del Mar on Smokehouse Bay, with two bedrooms and two bathrooms. Another one is the 1,125 square foot condo at Eagle Cay listed for $499,000 with two bedrooms and two bathrooms.

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