$535,000
2 Bed Waterfront Home for Sale in Crows Nest
881 Panama Court 202, Marco Island, FL, 34145
About this home
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.
Property details
- Type
- Condominium
- Year built
- 1978
- Interior
- 1,411 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 144
- Total association fees
- $16,646/yr (~$1,387/mo)
- CDD
- None
- Est. taxes (1.4%)
- $7,490/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- No
- County
- Collier
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 881 Panama Court 201 | Apr 2026 | $495,000 | 2/2 | 1,411 | $351 |
| 929 Collier Court B301 | Apr 2026 | $554,500 | 2/2 | 1,330 | $417 |
| 960 Swallow Avenue 203 | Aug 2026 | $535,000 | 2/2 | 1,476 | $362 |
| Average | 3 comps | $528,167 | $377 |
Market trends, Marco Island
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $40,000 (7%) from the original list price.
| Jul 31, 2026 | Sold | $535,000 |
| Apr 1, 2026 | Price reducedfrom $499,000 | $535,000 |
| Feb 16, 2026 | Listed | $575,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$16,646/yr)
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Similar homes nearby
$450,000
MLS# 226011610657 Palm Avenue, Goodland, FL, 34140
$589,900
MLS# 226029356838 W Elkcam Circle 112, Marco Island, FL, 34145
$635,000
MLS# 2260239161011 Swallow Avenue 105, Marco Island, FL, 34145
$599,000
MLS# 226016115201 Vintage Bay Drive B15, Marco Island, FL, 34145
$599,500
MLS# 226018729816 W Elkcam Circle 101, Marco Island, FL, 34145
$439,000
MLS# 22602945260 Pelican Street 602, Naples, FL, 34113
Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.