$499,000

160 Palm ST 208, Marco Island, FL 34145

2 beds |
2 baths |
983 sqft

Condominium
Built in 2001
—— sqft lot
1 car garage
$508/sqft
Listed 23 days ago

Property Description

Discover a rare investment opportunity at Olde Marco Inn – Unit 208, a beautifully updated 2-bedroom, 2-bath condo located in the highly desirable historic Olde Marco district of Marco Island. With daily rentals permitted—an uncommon feature on the island—this property offers exceptional income potential combined with personal use flexibility. Boasting a strong rental history, this turnkey residence allows owners to generate immediate income while enjoying their own island getaway. Owners have the option to self-manage or utilize the on-site rental program for a more hands-off approach. The condo has been thoughtfully updated and tastefully furnished, featuring a modern kitchen with white shaker cabinets and stainless-steel appliances, renovated bathrooms, plantation shutters, and new furnishings throughout. Major improvements include impact-resistant windows, a new HVAC system (2023), and water heater (2023). An oversized screened lanai, also accessible from the owner’s suite, provides a relaxing space for guests to enjoy the island breeze—an attractive feature for vacation renters. Located in the heart of historic Olde Marco, enjoy live music, boutique shops, galleries, and restaurants right at your doorstep. Waterfront dining at the iconic Snook Inn is just steps away, and an easy golf cart or bike ride takes you to Marco Island’s famous six miles of white sand beaches. As an added benefit, property ownership on Marco Island provides eligibility for a Resident Beach Pass, offering exclusive beach access for owners. Community amenities include a pool and spa, further enhancing guest experience and rental appeal. Whether you're looking to expand your investment portfolio or secure a personal retreat with income potential, this property delivers the ideal combination of location, flexibility, and return.

Listing Status:: Active
Date Added:: March 9, 2026
Data Last Updated:: April 1, 2026 at 7:06AM
Listing Office:: John R Wood Properties : 239-394-4040
MLS ID:: 226010589

General: Smoke DetectorsWindow Coverings
Appliances: DishwasherMicrowaveRangeRefrigeratorSelf Cleaning Oven
Dining: Breakfast BarDining - Living
Laundry: Common Area
Flooring: Tile
A/C: Ceiling Fan(s)Central Electric
Heating: Central Electric

General: Screened Lanai/PorchCommunity
Style: ContemporaryApartmentLow Rise (1-3)
Pool: Community
Parking: GuestPavedUnder Bldg OpenAttachedParking spaces: 1

Roofing: Metal
Windows: Window Coverings
General: Concrete BlockStucco1Concrete Block

HOA Amenities: Common LaundryPoolSpa/Hot TubInternet AccessStreetlight9444.0
Originating MLS: Naples
County: Collier

Zoning: 64627000649
View: Landscaped AreaView
Restrictions: No Commercial

Water: Central

Source: Naples

This listing courtesy of John R Wood Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Tommie Barfield Elementary School

101 Kirkwood St, Marco Island, FL, 34145

Grades KG-5

2.57 miles away

Marco Island Charter Middle School

1401 Trinidad Ave, Marco Island, FL, 34145

Grades 6-8

2.53 miles away

Marco Island Academy

2255 San Marco Rd, Marco Island, FL, 34145

Grades 9-12

4.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.