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Marco Island: Marco Island Waterfront Foreclosure/Short sales

By
Real Estate Agent with John R. Wood Realtors

Short sales and foreclosures on the water on Marco Island have dropped significantly over the past year.  When first reporting these figures, we were looking at over 100 properties in this category.  This number has dwindled and the availability of product under $500,000 is extremely limited now, as referenced below. 

For the first quarter of 2010, Marco Island has experienced dramatic growth in pending and closed sales - closed sales increased 57% and pending sales increased 21% over the previous year.  

For the best value properties in this category, contact Natalie Kirstein, 239/784-0491, or e-mail NatalieK@PremierMail.net.

List $

Street No

Street

Bed

Bath

SqFt
A/C

SA

Year
Built

Terms & Possession

$340,000

1147

VERNON

3

3

1,780

WATER DIRECT

1973

SHORT SALE

$359,000

824

FAIRLAWN

3

2

1,750

WATER DIRECT

1970

SHORT SALE

$499,000

1858

WOODBINE

3

3

2,187

WATER DIRECT

1988

SHORT SALE

$525,000

358

GRAPEWOOD

3

2

1,859

WATER DIRECT

1978

SHORT SALE

$599,000

839

PERRINE

3

3

2,346

WATER DIRECT

1990

SHORT SALE

$649,000

567

GOLDCOAST

3

2

2,824

WATER DIRECT

1974

SHORT SALE

$650,000

1191

MIMOSA

4

2

2,243

WATER DIRECT

1996

SHORT SALE
PRE-FORECLOSURE

$674,900

712

NAUTILUS

3

2

2,259

WATER DIRECT

1980

FORECLOSURE/BANK OWNED

$750,000

1824

MENORCA

3

2

2,242

WATER DIRECT

2001

SHORT SALE

$784,000

1257

ORANGE

2

2

1,716

WATER DIRECT

1977

SHORT SALE

$849,000

818

HYACINTH

3

3

2,320

WATER DIRECT

1999

SHORT SALE

$895,000

1100

EDINGTON

3

2

2,488

WATER DIRECT

1972

SHORT SALE

$950,000

590

HEATHWOOD

4

3

3,182

WATER DIRECT

1981

SHORT SALE
BUYER OBTAIN

$995,000

1887

CASCADE

3

2

2,431

WATER DIRECT

1987

SHORT SALE

$1,000,000

1290

MIMOSA

4

4

4,041

WATER DIRECT

2008

SHORT SALE

$1,050,000

142

STILLWATER

3

2

2,738

WATER DIRECT

1993

SHORT SALE

$1,099,000

1071

OLD MARCO

3

2

2,355

WATER DIRECT

2002

SHORT SALE

$1,100,000

801

PARTRIDGE

4

3

2,950

WATER DIRECT

1988

SHORT SALE

$1,150,000

1771

BARBADOS

4

5

4,406

WATER DIRECT

2006

SHORT SALE

$1,399,000

460

THORPE

4

4

3,435

WATER DIRECT

2000

SHORT SALE

$1,800,000

981

E. INLET

4

3

3,874

WATER DIRECT

1999

SHORT SALE

$2,695,000

881

KENDALL

4

4

4,389

WATER DIRECT

2008

 

$3,500,000

1284

BLUE HILL CREEK

4

5

6,723

WATER DIRECT

2004

SHORT SALE

$299,000

787

APPLE

3

2

1,116

WATER INDIRECT

1969

SHORT SALE

$299,700

1210

COLLIER

3

2

1,600

WATER INDIRECT

1968

SHORT SALE

$325,000

818

DANDELION

3

2

1,248

WATER INDIRECT

1984

SHORT SALE

$349,000

1660

WINTERBERRY

2

2

1,524

WATER INDIRECT

1996

SHORT SALE

$364,111

1230

COLLIER

3

2

1,715

WATER INDIRECT

1968

SHORT SALE

$440,000

807

ROSE

3

2

1,423

WATER INDIRECT

1988

SHORT SALE

$493,000

1137

BREAKWATER

3

2

1,898

WATER INDIRECT

1979


SHORT SALE

  

List $

Street

No

Street

Bed

Bath

SqFt
A/C

SA

Year
Built

Terms & Possession

$495,000

465

ADIRONDACK

3

2

2,100

WATER INDIRECT

1978

SHORT SALE

$599,000

1624

VILLA

3

2

1,780

WATER INDIRECT

1994

SHORT SALE

$599,000

860

WILLOW

3

2

1,800

WATER INDIRECT

1970

SHORT SALE

$599,900

218

SEAHORSE

3

2

2,172

WATER INDIRECT

1991

SHORT SALE

$625,000

51

HICKORY

4

2

2,204

WATER INDIRECT

1993

SHORT SALE

$689,000

1630

WINTERBERRY

4

3

2,142

WATER INDIRECT

2004

SHORT SALE

$689,000

125

GULFSTREAM

3

2

1,801

WATER INDIRECT

2002

SHORT SALE

$699,900

748

MILAN

4

3

2,880

WATER INDIRECT

2007

SHORT SALE

$735,000

1688

VILLA

4

3

2,362

WATER INDIRECT

2000

SHORT SALE

$850,000

1730

CANARY

4

3

2,740

WATER INDIRECT

2001

SHORT SALE
PRE-FORECLOSURE

$895,000

1036

GOLDENROD

4

2

2,515

WATER INDIRECT

2002

SHORT SALE

Waterfront distressed property list as of 3/31/10.