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$298,000
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Property Description
PRIME MARCO ISLAND HOMESITE - EXCEPTIONAL VALUE! An exceptional opportunity to secure one of the best-priced buildable homesites on Marco Island, one of Southwest Florida's most coveted destinations. This vacant lot is zoned for a single-family residence and offers the ideal canvas for a luxurious primary residence, vacation retreat, or long-term investment. With city water and sewer available, this homesite offers added convenience for future development. Enjoy an enviable Marco Island lifestyle just minutes from the island's renowned white-sand beaches, waterfront dining, boutique shopping, golf, parks, boating, and countless recreational amenities. Whether you're ready to build your dream home today or looking to secure a valuable piece of Marco Island for the future, this property presents an outstanding opportunity in a highly desirable market. SELLER FINANCING AVAILABLE: 25% down, 6.3% interest, amortized over 30 years-an attractive financing option rarely available on land of this caliber. Build. Hold. Invest. Own a piece of Marco Island. Opportunities at this price point are becoming increasingly difficult to find. Don't miss your chance to secure your place in paradise.
Full Property Details
Full Property Details for 118 1st Ave
General
- Price: $298,000
- Taxes: $1,357 (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026011088
- Updated: 9/9/2026
- Added to Site: 198 day(s) ago
Additional Information
- Shared Amenities: Non-Gated
Location
- Area: MI01 - Marco Island
- County: Collier
- Subdivision: MARCO ISLAND
- Building Name: MARCO ISLAND
- Direction Faces: South
Community
- Assoc. Fees Include: Trash
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Multi_MF, Multi_SF, Single Family
Lot Features
- Property View: Partial Buildings
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 75 x 75 x 120 x 120
- Frontage: Public Road
- Frontage Feet: 75
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Regular
- Zoning: RMF 6
- Lot Description: Regular
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $1,419,047
- Tax Amount: $1,357
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: MARCO HIGHLANDS BLK 4 LOT 3
- Property ID: 59081640003
- Section: 9
- Block: 4
- Lot Number: 3
Listed by Gulf Gateway Realty, Inc.
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Schools
Schools serving 118 1st Ave
School District:Collier County School District
| Name | Grades | Distance |
|---|---|---|
Tommie Barfield Elementary School 101 Kirkwood Street, Marco Island, FL 34145 | K-5 | 0.9 mi |
Manatee Middle School 1920 Manatee Road, Naples, FL 34114 | 6-8 | 7.1 mi |
Lely High School 1 Lely High School Boulevard, Naples, FL 34113 | 9-12 | 9.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 1st Ave
Date
Details
Price
Change
Source
7/01/2026
Price Reduced
$298,000
-0.63%
MLS
3/04/2026
Listed
$299,900
232.85%
MLS
5/19/2021
Sold
$90,100
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,947
—
$156,121
10%
2025
$1,947
38%
$141,928
10%
2024
$1,415
10%
$129,025
10%
2023
$1,288
-7%
$117,295
28%
2021
$1,391
29%
$91,839
-14%
2022
$1,081
-22%
$106,632
28%
2021
$1,391
67%
$83,490
10%
2019
$832
7%
$75,900
38%
2018
$780
-3%
$55,103
-44%
2017
$805
-2%
$98,325
-5%
2016
$818
70%
$103,500
150%
2015
$480
-1%
$41,400
—
2014
$486
—
$41,400
—
2013
$488
—
$41,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 1st Ave
118 1st Ave, Marco Island, FL 34145 (MLS# 2026011088) is a Residential Lots property with a lot size of 0.21 acres. 118 1st Ave is currently listed for $298,000 and was received on March 04, 2026. Want to learn more about 118 1st Ave? Do you have questions about finding other Residential Lots real estate for sale in Marco Island? You can browse all Marco Island real estate or contact a Coldwell Banker agent to request more information.

