1020 Swallow AVE, Marco Island, FL, 34145 | $820,000

Now repositioned to reflect recent Swallow Ave sales, this 2, 200+ sq ft penthouse stands out as one of the best value opportunities currently available on Marco Island.
Offering 3 bedrooms, 3 full baths, and an expansive layout rarely found at this price point, this top-floor residence delivers the space, privacy, and flexibility buyers are actively searching for.
Located in a quiet, low-density building with just eight units, the property provides a more private, residential feel compared to larger condo complexes.
The west-facing lanai captures beautiful sunset skies and adds valuable indoor-outdoor living space, while the fully furnished interior allows for immediate use as a primary residence, seasonal retreat, or rental investment.
With over 2, 100 sq ft under air and nearly 2, 800 total sq ft, this is a rare opportunity to secure a large-format penthouse in the Swallow Ave corridor at a price aligned with current market activity.
Easy to show and positioned to sell — schedule your private showing today.

Features

  • Building Design: Low Rise (1-3)
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: Community Pool
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: FLORENTINE VILLAS
  • Development: MARCO ISLAND
  • Year Built: 1982
  • Approx Sq. Feet: 2,192
  • Est. Taxes: $3,688
  • Condo Fee: $1,390 Monthly
  • Lot Desc: Other
  • View: City
  • Community Type: Non-Gated
  • Pet Policy: With Approval
  • MLS#: 225085024
  • Website: https://www.raveis.com
    /prop/225085024/1020swallowave_marcoisland_fl?source=qrflyer
Copyright © 2026  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Engel & Volkers Marco Island

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1020 Swallow AVE, Marco Island, FL, 34145

$820,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $656,000 $656,000 $656,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.349% 6.183%
Monthly Tax Payment $307 $307 $307
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,933 $4,039 $5,536
Total Monthly Payment $4,332 $4,438 $5,935

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.