2 Bed Waterfront Home for Sale in Marco Island
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For SaleMLS# 226003642

$589,000

2 Bed Waterfront Home for Sale in Marco Island

860 Panama Court 103, Marco Island, FL, 34145

2 beds2 baths1,210 sqft
ClubhouseCommunity PoolBoatingWaterfront

About this home

Welcome to your dream coastal retreat! This beautifully maintained ground-floor 2-bedroom, 2-bathroom direct access condo at Vantage Point offers a rare blend of comfort, convenience, and captivating waterfront living. Brand NEW SEAWALL just completed, built to a slightly higher elevation with a wide paver walkway around the entire community with brand NEW DEEDED DOCKS. This unit includes boat slip #11, owners can add a lift to the dock suitable to their needs. Boat slip #11 is ideally positioned on the north west finger tip of the property, facing a broad body of water, with direct access to the Gulf. Whether you're a seasoned boater or new to the lifestyle, you'll love the convenience of this boat slip. Inside the unit, the spacious split floor plan offers plenty of natural light, newer kitchen appliances, and walk-in closets in both the primary and guest bedrooms. High-impact sliders and windows provide added protection. A new washer and dryer are included, and the unit features a mix of tile and carpet throughout; Hot water heater 2018, A/C 2016. The lanai overlooks the bright southwest exposure, where you can enjoy gorgeous sunset skies and sightings of local wildlife, including dolphins, manatees and an array of coastal birds. New grass sod was added at the completion of the seawall install. Lovely pool on the waterway-which has also recently been updated. Whether you're looking for a full-time home, seasonal getaway, or investment opportunity, this condo is a great find in a prime location—close to South Marco Beach, dining, and shopping. Don't miss this opportunity to live the waterfront lifestyle you've always dreamed of!

Property details

Type
Condominium
Year built
1979
Interior
1,210 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
218
Total association fees
$15,600/yr (~$1,300/mo)
CDD
None
Est. taxes (1.4%)
$8,246/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
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
Call, Conditional
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterMaintenanceGroundsPestControlReserveFundSewerTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BikeStorageClubhouseBarbecuePicnicAreaPierPoolManagement

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

At marketThis home is priced in line with comparable recent sales.
This home
$487/sqft
Comp median
$481/sqft
Difference
+1%

Based on the $/sqft of 9 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
860 Panama Court 206Aug 2026$580,0002/21,210$479
860 Panama Court 105May 2026$570,0002/21,210$471
900 Huron Court B3Nov 2025$612,5002/21,138$538
889 COLLIER Court 2-203Apr 2026$600,0002/21,125$533
929 Collier Court B301Apr 2026$554,5002/21,330$417
897 Collier Court 4-705Jun 2026$515,0002/21,125$458
Average6 comps$572,000$483

Market trends, Marco Island

Median list
$945,000
Median $/sqft
$709
Median sold (90d)
$875,000
Avg days on market
110
Active listings
385
Median sold price · Marco Island
$875,000last 3 months20.8% vs $1,105,000 prior 3 months
Median closed price by month · Marco Island
6.8% MoM12.8% YoY
$796k$1.1M$1.4MJul ’25Aug ’26
$850,000Aug ’26 · 59 sales

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 $70,000 (10.6%) from the original list price.

Jul 21, 2026Price reducedfrom $595,000$589,000
Jan 22, 2026Listed$659,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1979 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
  • Higher association fees (~$15,600/yr)
Location convenienceModerate
Hospital
17.2 mi
NCH Baker Hospital (Naples)
Beach
15.9 mi
Naples Pier / Beach
Airport
16.8 mi
Naples Airport
Shopping
17.7 mi
Coastland Center (Naples)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.