140 PALM STREET, #209, Marco Island, FL, 34145 | $499,000

This 2-bedroom, 2-bath corner-unit condo in Olde Marco offers a unique blend of island lifestyle and income potential, with nightly rental approval and a setting that places dining, shopping, and marinas just steps from your door.
Local favorites like Snook Inn, Lee Be Fish Company, and the The Collier House are all within walking distance, along with the Shops of Olde Marco located on-site--creating an atmosphere that feels both vibrant and distinctly local. Marco Island's white-sand beaches are just minutes away, where soft sand, turquoise water, and Gulf sunsets become part of your everyday routine.
Inside, the corner-unit layout allows for added natural light throughout, creating a bright and comfortable living space not found in many other units. The condo is offered furnished, making it easy to step right into island living or begin generating income without delay.
The private lanai extends your living space outdoors--perfect for morning coffee, outdoor dining, or unwinding in the evening breeze.
Set within the Olde Marco Inn community, the property offers a low-maintenance lifestyle with a relaxed, resort-style feel in one of the island's most character-rich areas.
What truly sets this property apart is its flexibility. Whether you're looking for a personal escape, a seasonal retreat, or an income-producing asset, this unit offers nightly rental approval, along with the advantage of established rental management already in place, creating a seamless transition for the next owner.
With a strong rental history, consistent occupancy, and repeat guests already in place, this property offers immediate income potential from day one.
Recent updates include impact windows and doors (2022), new roof and exterior paint (2022), and a new A/C (2025)--providing both comfort and long-term peace of mind.
This is an opportunity to own in one of Marco Island's most established and convenient island settings

Features