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850 Palm St APT F2, Marco Island, FL, 34145

1beds
1baths
494sqft
$295,000
$597price/sqft
$2,190/moest. monthly cost
$87,600/yrincome needed

About This Home

Discover the laid-back island lifestyle in this charming 1-bedroom, 1-bath condominium ideally located in the heart of Olde Marco. Just a short stroll to Marco Island's iconic Snook Inn, you'll enjoy waterfront dining, fresh seafood, and live entertainment right at your doorstep. Spend your evenings exploring The Shops of Olde Marco, where boutique shopping, local restaurants, and live music create the perfect island atmosphere. Whether you're looking for a seasonal getaway, investment opportunity, or full-time island retreat, this cozy residence offers the ideal blend of comfort and convenience. Enjoy easy access to marinas, boating, fishing, and some of Southwest Florida's most beautiful beaches, all just minutes away. Experience the relaxed charm, vibrant waterfront lifestyle, and tropical beauty that make Marco Island one of Florida's most sought-after destinations.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
57
BikeBikeable

Schools

7/10
Manatee Middle SchoolGrades 6-86.0 mi
5/10
Lely High SchoolGrades 9-128.0 mi

Construction

Condition

  • Year built: 1971

Materials

  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: Condo
  • Architectural style: See Remarks
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Oven,Dishwasher,Freezer,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Window features: Sliding
  • Flooring: Tile

Heating & Cooling

  • Heating features: Wall Unit
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 494
  • Total interior livable area: 494 sqft

Living Room

  • Level: Main
  • Area: 197640
  • Dimensions: 810 x 244

Master Bedroom

  • Level: Main
  • Area: 166370
  • Dimensions: 1,310 x 127

Property

Details

  • Parcel number: 59282200006

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community,Association
  • Patio & porch: Patio
  • Has view: Yes
  • View description: See Remarks
  • On waterfront: Yes
  • Waterfront features: Access Common Dock

Lot

  • Features: Zero Lot Line

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters in Collier County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,491$17,892
Home Insurance *$284$3,408
Property Taxes $218$2,616
Electricity $197$2,366
Total$2,190$26,280
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,085/yr
40% on housing$65,700/yr
45% on housing$58,400/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$597This listing

vs Other Active Listings

Avg $/sqft

ZIP 34145$578
Collier County$526

vs Homes Sold Last Month

Median $/sqft

ZIP 34145$704
Collier County$385

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Price change$295,000
2026-01-08Price change$329,000
2025-07-26Listed for sale$349,900
2023-04-28Sold$330,000
2023-03-31Pending sale$349,000
2023-03-30Listed for sale$349,000
2019-02-07Sold$191,500
2018-12-11Listed for sale$199,000
2010-10-06Sold$97,500
2004-12-29Sold$245,000
2004-05-04Sold$170,000

For Sale by Agent

AgentDonald Riddle
BrokerageCompass Florida, LLC

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