502/886 Park Ave

Off Market

502/886 Park Ave

Marco Island FL 34145

1812 sq. ft.

Condo

Last sold for $585,000

Cheryl Rauch, last sold this property on 22 April 2024 after 412 days on market.

Overview

BEST of both worlds that Marco has to offer! LOCATION of this 1650 sqft, 3 bedroom penthouse condo allows walking and biking to restaurants, shopping, marinas and Marco's beautiful Crescent Beach. INCOME of $25,502, confirmed for season 2024, covers all carrying costs plus more and still leaves time during season for owner to enjoy or rent, with 12 rental transfers available every year. The unobstructed views of the island from the 5th-floor penthouse are breathtaking. Two large sliders open to an oversized, 200 sqft balcony with views of Veterans Park, offering outdoor events, concerts and the popular farmer's market. The condo offers a spacious great room, high ceilings, oversized bedrooms, a large master closet, new AC 2023, and is tiled throughout. You, as an owner, will have an option for membership to Marco's private Residents Beach. This Condo is a unique MUST-SEE property that lets owners enjoy the relaxed feel of Florida's Paradise Coast and be within walking distance of food, entertainment and fun!

Features

3 bedrooms

2 bathrooms

1812 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Marco Island over the last 12 months, the estimated median property value of 502/886 Park Ave is $1.2m.

Median value

$1.2m

Estimated value range

$170k - $4.5m

Median days on market

Estimated value trend

-3%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Marco Island. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 502/886 Park Ave

2024

Sold

$585,000

22 Apr 2024 by Cheryl Rauch, of Downing Frye Realty Inc.

2022

Sold

$555,000

28 Dec 2022 by Gregg Hanifin, of REMAX Alliance Group | Marco Island

2022

Sold

$515,000

11 Apr 2022 by Gara Ann Martin, of Keller Williams Realty - Marco

Happy sellers in Marco Island

75%

75% of sellers in Marco Island reported that their sale price either exceeded or met their price expectations.

Marco Island stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Marco Island over the last 12 months.

Local market activity for 3 bedroom condos in Marco Island

In the last 12 months, 123 three-bedroom condos similar to 502/886 Park Ave, have been sold.

This represents a 14% decrease in three-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Marco Island for a market analysis.

Michael Rojek

at Keller Williams Realty - Marco Island

(14 reviews)

Get a market analysis

Katherine Dennis

at John R. Wood Properties

(6 reviews)

Get a market analysis

Manuela Schinagl

at Manuela Realty

(49 reviews)

Get a market analysis

YVETTE WRONA

at PREMIERE PLUS REALTY COMPANY

(27 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Marco Island

Michael Rojek

Michael Rojek is an award winning recommended agent for Marco Island. They have 5 local sales and collected 9 local reviews across the last 12 months.

5 (14 reviews)
9 Reviews in Marco Island
5 Sales in Marco Island

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Katherine Dennis

Katherine Dennis is a recommended agent for Marco Island. They have 8 local sales and collected 4 local reviews across the last 12 months.

5 (6 reviews)
4 Reviews in Marco Island
8 Sales in Marco Island

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Manuela Schinagl

Sellers who recommend Manuela Schinagl have praised them for being local expert, clear communication, supportive, honest, trustworthy, dedicated, and patient