1857 San Marco Road A308, Marco Island, FL 34145
Elegant 3-bedroom condo with modern upgrades and convenient amenities.
- Added:
- Jan 10, 2025
- Days on Market:
- 531
- Last Refresh:
- May 19 at 9:37 pm
Property Features for 1857 San Marco Road A308
General Information
- Standard status
- Active
- Size
- 2,354 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2004
Listing office John R Wood Properties (239) 248-4163
Listing date Jan 10, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of John R Wood Properties
HighLights
- Completely remodeled throughout with high‑end finishes including porcelain flooring, stainless steel appliances, and crystal lighting.
- Spacious 3‑bedroom, 3‑bath end unit with a versatile great room.
- Pet‑friendly for dogs up to 50lbs.
- Convenient features include elevator access, 2‑car garage parking, and a private storage unit.
- Impact windows throughout for added security and peace of mind.
- Large tiled lanai and full‑size laundry room.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.3k | $26.04 |
| − Vacancy | −$3.2k | −$1.35 |
| EGI | $58.1k | $24.69 |
| − OpEx | −$26.1k | −$11.11 |
| NOI | $32.0k | $13.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Marco Island
- County
- Collier
- State
- Florida
- Longitude
- -81.6965131
- Latitude
- 25.9346867