$499,000
2 Bed Waterfront Home for Sale in Crows Nest
881 Panama Court 201, Marco Island, FL, 34145
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
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 202 | Jul 2026 | $535,000 | 2/2 | 1,411 | $379 |
| 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 | $541,500 | $386 |
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 $80,000 (13.9%) from the original list price.
| Apr 20, 2026 | Sold | $495,000 |
| Mar 24, 2026 | Price reducedfrom $575,000 | $499,000 |
| Feb 13, 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
$589,900
MLS# 226029356838 W Elkcam Circle 112, Marco Island, FL, 34145
$450,000
MLS# 226011610657 Palm Avenue, Goodland, FL, 34140
$419,000
MLS# 225009170300 Stevens Landing Drive C205, Marco Island, FL, 34145
$499,000
MLS# 226016655269 Vintage Bay Drive C11, Marco Island, FL, 34145
$529,900
MLS# 2026018492201 Vintage Bay Drive B10, 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.