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$499,000
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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.
Full Property Details
Full Property Details for 160 Palm St #208
General
- Price: $499,000
- HOA FEE: $787/month
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 226010589
- Updated: 3/29/2026
- Added to Site: 29 day(s) ago
Rental Information
- Lease/Rent Term: 1
- Min. Lease (Days): 1
Interior
- Interior Features: Common Elevator, Split Bedrooms, Wired for Data
- Appliances: Dishwasher, Microwave, Range, Refrigerator, Self-Cleaning Oven
- Furnishings: Turnkey
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Breakfast Bar, Dining - Living
- Laundry: Common Area
Additional Information
- Shared Amenities: Pool, Community Spa/Hot tub, Internet Access, Street Lights, Non-Gated
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Water Display
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Guest, Paved, Under Bldg Open, Attached
Location
- Area: MI01 - Marco Island
- County: Collier
- Subdivision: OLDE MARCO INN
- Building Name: MARCO ISLAND
- Direction Faces: East
Community
- Assoc. Fees Include: Cable TV, Insurance, Internet, Irrigation Water, Laundry Facilities, Maintenance Grounds, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Trash, Water
- Units Assoc/Comm: 51
- Management Type: Professional
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Contemporary, Garden Apt
- Description/Design: Low Rise (1-3)
- Exterior Const.: Concrete Block, Stucco
- Roof: Metal
- Windows: Impact Resistant, Impact Resistant Windows, Window Coverings
- Doors: Impact Resistant Doors
- Entry Floor Number: 2
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 983
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 983 Sq. Ft.
- Year Built: 2001
- Other Struct. Feat.: Elevator
Lot Features
- Property View: Landscaped Area
- Lot Size Source: Property Appraiser Office
- Frontage: Public Road
- Irrigation System: None
- Lot Features: Zero Lot Line
- Lot Description: Zero Lot Line
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Condo Fee: $787
- Condo Fee Freq: Monthly
- Application Fee: $150
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: OLDE MARCO A CONDOMINIUM BLDG 160-208
- Property ID: 64627000649
- Section: 5
- Block: 160
- Lot Number: 208
Listed by John R Wood Properties
Get Pre-Approved Today
Schools
Schools serving 160 Palm St #208
School District:Collier County School District
| Name | Grades | Distance |
|---|---|---|
Tommie Barfield Elementary School 101 Kirkwood Street, Marco Island, FL 34145 | K-5 | 2.6 mi |
Manatee Middle School 1920 Manatee Road, Naples, FL 34114 | 6-8 | 6 mi |
Lely High School 1 Lely High School Boulevard, Naples, FL 34113 | 9-12 | 8 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 160 Palm St #208
Date
Details
Price
Change
Source
3/09/2026
Listed
$499,000
-6.2%
MLS
8/05/2022
Sold
$532,000
—
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 160 Palm St #208
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,687
3%
$377,793
10%
2024
$3,582
2%
$343,448
10%
2023
$3,514
57%
$312,225
51%
2021
$2,234
-22%
$206,430
-27%
2022
$2,878
29%
$283,841
48%
2021
$2,234
6%
$191,685
—
2019
$2,102
14%
$191,685
24%
2018
$1,838
6%
$154,770
-10%
2017
$1,727
12%
$172,025
17%
2016
$1,545
9%
$147,450
27%
2015
$1,412
9%
$116,281
10%
2014
$1,296
14%
$105,710
10%
2013
$1,133
—
$96,100
—
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 160 Palm St #208
160 Palm St #208, Marco Island, FL 34145 (MLS# 226010589) is a Single Family property with 2 bedrooms and 2 full bathrooms. 160 Palm St #208 is currently listed for $499,000 and was received on March 09, 2026. Want to learn more about 160 Palm St #208? Do you have questions about finding other Single Family 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.

