2 Bed Waterfront Home for Sale in Crows Nest
1 / 42
▶ View Virtual Tour
SoldMLS# 226006974

$499,000

2 Bed Waterfront Home for Sale in Crows Nest

881 Panama Court 201, Marco Island, FL, 34145

2 beds2 baths1,411 sqft
GatedCommunity PoolBoatingWaterfront

About this home

Located within the desirable Crow’s Nest waterfront community, this first-floor corner residence delivers the rare combination of direct Gulf access, an assigned boat dock, and tranquil canal views from two screened lanais. Designed for effortless coastal living, the waterfront setting allows you to step outside and enjoy boating, fishing, or sunset cruising with ease, while the corner positioning enhances privacy, natural light, and the feeling of a private retreat. The thoughtfully designed floor plan offers two bedrooms and two baths with a light, inviting interior palette that complements the surrounding water views. Tile flooring and carpeting flow throughout, paired with crown molding in the main living areas to add architectural polish. The living room opens seamlessly to a screened lanai through expansive glass sliders, creating a natural extension of the indoor living space and an ideal setting for relaxed gatherings overlooking the canal. The kitchen is both functional and charming, featuring a tray ceiling, white cabinetry, tile countertops with a matching backsplash, a bar counter for casual seating, and a pantry for added storage. Adjacent to the kitchen, the dining area is framed by glass sliders leading to a screened lanai, where peaceful canal views provide a picturesque backdrop for everyday meals or evening entertaining. The primary bedroom offers a serene retreat with direct access to a screened lanai through glass sliders and a spacious walk-in closet. Its ensuite bath is well-appointed with a double vanity and a walk-in shower finished with floor-to-ceiling tile and frameless glass doors. The guest bedroom also enjoys glass slider access to a screened lanai, offering comfort and privacy for visitors, while the nearby guest bath features a shower-tub combination with a glass door. The laundry area includes a washer, dryer, and utility sink for added convenience. For added peace of mind, one screened lanai is equipped with electric storm shutters, while the second lanai features manual shutters, providing seasonal protection and flexibility. Residents enjoy access to a community pool, perfect for relaxing after a day on the water. Just minutes from Marco Island’s pristine beaches, upscale boutiques, fine dining, parks, museums and golf courses, this home offers the ideal blend of coastal luxury and an active waterfront lifestyle. Whether kayaking, paddleboarding, biking, tennis, pickleball or enjoying time on the beach, the island lifestyle is right at your doorstep, with the executive airport nearby for effortless travel.

Property details

Type
Condominium
Year built
1978
Interior
1,411 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
45
Total association fees
$16,646/yr (~$1,387/mo)
CDD
None
Est. taxes (1.4%)
$6,986/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

CableTvIrrigationWaterMaintenanceGroundsPestControlWater

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

Amenities

PoolSaunaSpaHotTubStorageManagement
At marketThis home is priced in line with comparable recent sales.
This home
$354/sqft
Comp median
$379/sqft
Difference
-7%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
881 Panama Court 202Jul 2026$535,0002/21,411$379
929 Collier Court B301Apr 2026$554,5002/21,330$417
960 Swallow Avenue 203Aug 2026$535,0002/21,476$362
Average3 comps$541,500$386

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
$885,000last 3 months19.5% vs $1,100,000 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 $80,000 (13.9%) from the original list price.

Apr 20, 2026Sold$495,000
Mar 24, 2026Price reducedfrom $575,000$499,000
Feb 13, 2026Listed$575,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$16,646/yr)
Location convenienceModerate
Hospital
17.3 mi
NCH Baker Hospital (Naples)
Beach
16 mi
Naples Pier / Beach
Airport
16.8 mi
Naples Airport
Shopping
17.8 mi
Coastland Center (Naples)

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

Loading map…

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.