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$535,000
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Property Description
Rarely available in the desirable Crows Nest on Marco Island, this second-floor waterfront residence presents an exceptional opportunity to enjoy direct Gulf access with your assigned boat dock. Featuring two screened lanais and tranquil canal views, this light-filled two-bedroom, two-bath home embodies relaxed coastal living. The corner location enhances privacy while maximizing natural light and water views, creating an inviting retreat just moments from open water. Inside, a bright interior and wood-look porcelain tile flooring throughout the main living areas establish a clean, coastal aesthetic. The living room is thoughtfully designed to embrace the waterfront setting, with glass sliders opening to the lanai and showcasing serene canal views. The dining area also enjoys a glass slider to the screened lanai with water views, along with a separate door providing access to the second screened lanai, offering seamless indoor-outdoor flow ideal for entertaining or quiet relaxation. The kitchen is functional and welcoming, appointed with recessed lighting, white cabinetry, a pantry and a convenient bar counter for casual dining. Appliances include a cooktop, refrigerator/freezer, wall oven and microwave, supporting effortless meal preparation. The primary suite is a peaceful waterfront haven, featuring glass sliders to the screened lanai with calming water views and a walk-in closet with shelving. The en-suite bath offers a double vanity with a full-width mirror and a shower-tub combination with floor-to-ceiling tile and glass enclosure. The guest bedroom also enjoys lanai access and water views, while the nearby guest bath includes a shower-tub combination. A dedicated laundry area with a front-load washer and dryer, plus a utility sink, adds everyday convenience. This residence includes its private storage room, providing valuable extra space for beach gear, boating essentials and seasonal items. Residents enjoy access to a community pool and spa, and additional storage space, including room for bikes. Ideally near Marco Walk Plaza with its restaurants, shopping and movie theater, this waterfront residence is also just minutes from Marco Island's pristine beaches, boutique shopping, fine dining, parks, museums and golf courses. Whether boating, kayaking, paddleboarding or simply soaking in the island lifestyle, this property offers an exceptional blend of waterfront access and coastal comfort.
Full Property Details
Full Property Details for 881 Panama Ct #202
General
- Price: $535,000
- HOA FEE: $1,387/month
- HOA FEE FREQ.: Quarterly
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 226006995
- Updated: 4/1/2026
- Added to Site: 50 day(s) ago
Rental Information
- Lease/Rent Term: 30
- Min. Lease (Days): 30
Interior
- Number of Rooms: 7
- Interior Features: Split Bedrooms, Guest Bath, Guest Room, Built-In Cabinets, Wired for Data, Custom Mirrors, Entrance Foyer, Pantry
- Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self-Cleaning Oven, Wall Oven, Washer
- Furnishings: Partially
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Shower Only
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Kitchen: Pantry
- Dining Room: Breakfast Bar, Eat-in Kitchen
- Laundry: Inside, Sink
Additional Information
- Shared Amenities: Pool, Community Spa/Hot tub, Extra Storage, Boating, Non-Gated
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Boat Slip, Dock Included
- Porch/Patio/Deck: Screened Lanai/Porch, Patio
Parking
- Parking Features: 1 Assigned
Location
- Area: MI01 - Marco Island
- County: Collier
- Subdivision: CROWS NEST
- Building Name: MARCO ISLAND
- Direction Faces: West
Community
- Assoc. Fees Include: Cable TV, Irrigation Water, Maintenance Grounds, Pest Control Exterior, Pest Control Interior, Water
- Units Assoc/Comm: 16
- 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
- Description/Design: Low Rise (1-3)
- Exterior Const.: Concrete Block, Stucco
- Roof: Built-Up or Flat
- Common Walls: Corner
- Windows: Other, Shutters Electric, Shutters - Manual, Window Coverings
- Entry Floor Number: 2
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,411
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 1,411 Sq. Ft.
- Year Built: 1978
Lot Features
- Property View: Canal, Water
- Lot Size Source: Property Appraiser Office
- Frontage: Access Road
- Street/Road Desc.: Paved
- Irrigation System: Central
- Lot Features: Zero Lot Line
- Lot Description: Zero Lot Line
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front
- Canal Width: Canal Width 1-30
- Boat Dock Slip: Yes
Financial Considerations
- Condo Fee: $4,161
- Condo Fee Freq: Quarterly
- Application Fee: $100
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: CROWS NEST CONDOMINIUM UNIT 202
- Property ID: 29580000080
- Section: 20
- Block: B
- Lot Number: 202
Listed by Premier Sotheby's Int'l Realty
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Schools
Schools serving 881 Panama Ct #202
School District:Collier County School District
| Name | Grades | Distance |
|---|---|---|
Tommie Barfield Elementary School 101 Kirkwood Street, Marco Island, FL 34145 | K-5 | 1.9 mi |
Manatee Middle School 1920 Manatee Road, Naples, FL 34114 | 6-8 | 9.5 mi |
Lely High School 1 Lely High School Boulevard, Naples, FL 34113 | 9-12 | 12 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 881 Panama Ct #202
Date
Details
Price
Change
Source
4/01/2026
Price Increased
$535,000
7.21%
MLS
3/24/2026
Price Reduced
$499,000
-13.22%
MLS
2/16/2026
Listed
$575,000
—
MLS
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 881 Panama Ct #202
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,290
—
$582,070
—
2024
$5,312
70%
$582,070
72%
2023
$3,132
15%
$339,134
15%
2021
$2,716
-8%
$294,691
-7%
2022
$2,938
8%
$315,971
10%
2021
$2,716
3%
$287,576
1%
2019
$2,649
7%
$284,982
6%
2018
$2,471
3%
$268,269
4%
2017
$2,399
2%
$258,938
2%
2016
$2,363
4%
$253,181
6%
2015
$2,266
1%
$238,539
2%
2014
$2,234
4%
$233,469
4%
2013
$2,145
—
$224,868
—
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 881 Panama Ct #202
881 Panama Ct #202, Marco Island, FL 34145 (MLS# 226006995) is a Single Family property with 2 bedrooms and 2 full bathrooms. 881 Panama Ct #202 is currently listed for $535,000 and was received on February 16, 2026. Want to learn more about 881 Panama Ct #202? 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.

