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87 N Collier Blvd Unit J15
B- Composite 69.8
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +27.9/30.0
  • DSCR +9.8/10.0
  • 1% rule +9.4/10.0
  • ARV discount +7.5/15.0
  • Schools +5.0/10.0
  • Rent growth +4.1/5.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$399,000

87 N Collier Blvd Unit J15 · Marco Island, FL 34145
2 bd · 1.5 ba · 787 sqft · Condo public records · 118 Days on market
Built 1973 $803/mo HOA · 14% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

Key facts

  • Clubhouse
  • Community pool
  • Private patio

Tags

UPDATED KITCHENPRIVATE PATIOCOMMUNITY POOLCLUBHOUSEBBQ GRILLSOUTDOOR GATHERING SPACES

Property features AI

Finance

  • Other: Property is part of a condo/hotel community; Unit located in Island Manor Apts; complex has 169 units and 12 units in this building; building has 2 floors; lot is listed as Lot Unit 15 with property restrictions (architectural, deeded)
  • HOA & community: Mandatory HOA; Quarterly condominium fee; Professional management; HOA maintenance covers cable, insurance, lawn/land maintenance, manager, exterior pest control, sewer, trash removal, and water; Community amenities include BBQ/picnic area, beach club availability, bike storage, common laundry, community pool, internet access, shuffleboard, streetlights, and vehicle wash area; Total annual recurring HOA fees listed

Exterior

  • Parking: Vehicle wash area (community amenity)
  • Security: Impact resistant windows
  • Utilities: Central water; Central sewer; Cable available
  • Home design: Residential low-rise (1-3 stories); 2-story floor plan; Zero lot line; Rear exposure facing east
  • Construction: Concrete block construction; Stucco exterior; Built-up or flat roof; Built in 1973; Low-rise building
  • Exterior features: Patio

Interior

  • Kitchen: Cooktop (electric); Range; Self-cleaning oven; Microwave; Dishwasher; Disposal; Refrigerator/freezer; Refrigerator with icemaker
  • Bedrooms: 2 bedrooms
  • Flooring: Vinyl flooring
  • Bathrooms: 1 full bathroom; 1 half bathroom; Master bath with combo tub and shower
  • Heating & cooling: Central electric heat; Central electric cooling; Ceiling fans
  • Interior features: Built-in cabinets; Cable prewire; High-speed internet available; Smoke detectors; Dining area in living room; Screened lanai/porch; Furnished
  • Laundry & utility: Common laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.5-bath condo listed at $399k.

Deal economics

  • At list price, monthly cash flow is $797 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($6k rent vs $399k).
  • Recommended offer: $363k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 71/100 on livability (#404 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, health & safety A+; Watch: amenities F, commute F, cost of living F.
  • Collier (suburban): math 60% / reading 56% proficiency, ranked #16 of 73 in FL (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Tommie Barfield Elementary School (math 84% / reading 75%, grade A, #116 of 2,144 statewide, top 6%, 464 students, 30% FRL); Marco Island Academy (math 67% / reading 72%, grade B, #58 of 667 statewide, top 9%, 295 students, 26% FRL, charter) — zoned schools average 28% FRL vs 55% district-wide (27 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 74% at this address vs 58% district-wide (+16 pts) — the actual schools serving this property are materially stronger than the Collier average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising fast (+6.6%/yr); 690 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
  • At $5,733/mo this rent would consume 68% of the median local household income ($102k/yr) (locally 314% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
  • Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 6.6% rent growth), your $112k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 118 days — a 9% lower offer ($363k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 3y ago; this cycle's ask has dropped $51k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $363,090 (9.0% below list)

Questions for the listing agent

  1. It's been on market 118 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.44%
Cap rate
9.97%
Cash-on-cash
13.14%
DSCR
1.58
GRM
5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.59% rent growth · sell at horizon

5-year hold
IRR
1.8%
Equity multiple
1.07×
Total profit
$8,261
Equity at exit
$59,492
10-year hold
IRR
15.5%
Equity multiple
2.52×
Total profit
$170,157
Equity at exit
$34,498

Cash invested: $111,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 34145

Rents YoY
6.6%
Active inventory
690
Price-to-rent
5.8×

Monthly cashflow live

Estimated rent
$5,733 high interval (Pro) →
Mortgage (P&I)
$2,092
Tax from tax record
$244 /mo · $2,925/yr
Insurance
$166
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$803
Vacancy / Maint / Mgmt
$1,204
Net cashflow
$797

Break-even live

Break-even rent $4,724
Max offer price $399,000
Occupancy floor 81%

Sensitivity live

Price -10% $1,023 -5% $910 +0% $797 +5% $684 +10% $571
Rent -10% $344 -5% $571 +0% $797 +5% $1,024 +10% $1,250
Rate -1.0pp $998 -0.5pp $899 base $797 +0.5pp $694 +1.0pp $589

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$99,750
Closing costs
$11,970
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
87 N Collier Blvd Marco Island, FL 1.0–2.0 1.0–1.5 663 $5,550 $8.36 24d 3 0.02mi
87 N Collier Blvd Unit J16 Marco Island, FL 2.0 1.5 787 $5,550 $7.05 14d 1 0.04mi
762 San Marco Rd Unit 4-108 Marco Island, FL 2.0 2.0 814 $4,500 $5.53 24d 1 0.09mi
58 N Collier Blvd Marco Island, FL 2.0 2.0 1071 $9,750 $9.10 24d 2 0.12mi
130 N Collier Blvd Unit A6 Marco Island, FL 2.0 1.0 704 $1,900 $2.70 24d 1 0.15mi
167 N Collier Blvd Marco Island, FL 2.0 1.0 555 $2,100 $3.78 14d 2 0.18mi
140 Seaview Ct Unit 902S Marco Island, FL 2.0 2.0 837 $9,000 $10.75 24d 1 0.20mi
140 Seaview Ct #1504 Marco Island, FL 1.0 1.5 610 $2,200 $3.61 24d 1 0.22mi
180 Seaview Ct Marco Island, FL 1.0–2.0 1.5–2.0 721 $4,500 $6.24 24d 2 0.29mi
201 S Collier Blvd Unit 3-102 Marco Island, FL 2.0 2.0 808 $5,500 $6.81 24d 1 0.37mi
240 Seaview Ct #413 Marco Island, FL 1.0 1.0 750 $6,500 $8.67 24d 1 0.41mi
240 Seaview Ct #211 Marco Island, FL 2.0 2.0 1075 $11,000 $10.23 22d 1 0.42mi
261 S Collier Blvd #309 Marco Island, FL 2.0 2.0 1000 $6,200 $6.20 24d 1 0.47mi
260 Seaview Ct #604 Marco Island, FL 2.0 2.0 1070 $8,000 $7.48 14d 1 0.49mi
651 Seaview Ct Unit B207 Marco Island, FL 2.0 2.0 1075 $6,000 $5.58 24d 1 0.51mi
601 Seaview Ct Unit C106 Marco Island, FL 2.0 2.0 964 $5,700 $5.91 24d 1 0.58mi
380 Seaview Ct #305 Marco Island, FL 2.0 2.0 1100 $6,000 $5.45 14d 1 0.64mi
591 Seaview Ct Unit A306 Marco Island, FL 2.0 2.0 964 $6,000 $6.22 24d 1 0.70mi
440 Seaview Ct #912 Marco Island, FL 2.0 2.0 1099 $6,500 $5.91 14d 1 0.72mi
457 Tallwood St #106 Marco Island, FL 1.0 1.0 539 $1,600 $2.97 24d 1 0.98mi
68 Marco Villas Dr Unit R-5 Marco Island, FL 2.0 2.5 1046 $4,750 $4.54 24d 1 1.13mi
146 Clyburn St Unit I-6 Marco Island, FL 2.0 2.5 1046 $2,000 $1.91 24d 1 1.17mi
651 W Elkcam Cir #815 Marco Island, FL 2.0 2.0 813 $4,700 $5.78 24d 1 1.23mi
694 W Elkcam Cir #1123 Marco Island, FL 2.0 2.0 945 $2,530 $2.68 24d 1 1.24mi
731 W Elkcam Cir Unit A109 Marco Island, FL 2.0 2.5 1066 $2,500 $2.35 24d 1 1.31mi
761 W Elkcam Cir Unit B110 Marco Island, FL 2.0 2.5 1066 $3,500 $3.28 24d 1 1.34mi
750 W Elkcam Cir #315 Marco Island, FL 2.0 2.0 990 $5,600 $5.66 24d 1 1.36mi

HOA detail condo

Monthly dues
$803 · $9,636/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 32 events

  1. 2026-06-21
    days on market $399,000 Active 118 DOM
  2. 2026-06-18
    days on market $399,000 Active 115 DOM
  3. 2026-06-17
    days on market $399,000 Active 114 DOM
  4. 2026-06-16
    days on market $399,000 Active 113 DOM
  5. 2026-06-15
    days on market $399,000 Active 112 DOM
  6. 2026-06-14
    days on market $399,000 Active 110 DOM
  7. 2026-06-10
    days on market $399,000 Active 107 DOM
  8. 2026-06-09
    days on market $399,000 Active 106 DOM
  9. 2026-06-08
    days on market $399,000 Active 105 DOM
  10. 2026-06-07
    days on market $399,000 Active 104 DOM
  11. 2026-06-03
    days on market $399,000 Active 100 DOM
  12. 2026-06-02
    days on market $399,000 Active 99 DOM
  13. 2026-06-01
    days on market $399,000 Active 98 DOM
  14. 2026-05-31
    days on market $399,000 Active 97 DOM
  15. 2026-05-30
    days on market $399,000 Active 96 DOM
  16. 2026-04-30
    status Active
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  17. 2026-04-30
    status Active 1758-char remark
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  18. 2026-04-27
    status Pending With Contingencies
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  19. 2026-04-27
    historical Pending with Contingency 1758-char remark
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  20. 2026-04-06
    price $399,000
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  21. 2026-04-06
    price $399,000 1758-char remark
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  22. 2026-03-26
    price $415,000
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  23. 2026-03-26
    price $415,000 1758-char remark
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  24. 2026-02-20
    listed $450,000 Active
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  25. 2026-02-20
    listed $450,000 Active 1758-char remark
    Show marketing remark (1758 chars)

    Welcome to Island Manor, a centrally located island retreat on beautiful Marco Island. This delightful second-floor, two-bedroom, one-and-a-half-bath residence blends modern style with effortless functionality, making it an exceptional choice for a seasonal escape, investment opportunity, or personal island getaway. Offered, furnished and thoughtfully updated, the home is ready to enjoy from day one. Designed with comfort and practicality in mind, the main living area features durable and stylish vinyl plank flooring that extends throughout the living spaces and bedrooms, creating a cohesive and contemporary feel. The updated kitchen showcases crisp white cabinetry, a tile backsplash, and an efficient layout that flows seamlessly into the living and dining areas. A conveniently located half bath on the main level enhances everyday living and guest entertaining. Upstairs, both bedrooms provide privacy and separation from the main living area and kitchen. The primary bedroom offers two closets for generous storage, while the full bath is ideally positioned to serve both bedrooms. Natural light fills the interior, and impact windows provide added protection and peace of mind. Step outside to the private patio, where tranquil views of the pool and swaying palm trees create the perfect backdrop for morning coffee or evening relaxation. Just steps away, residents enjoy a large community pool, clubhouse, BBQ grills, and inviting outdoor gathering spaces designed for socializing and unwinding. With its desirable second-floor location, stylish updates, and prime island setting near beaches, dining, and shopping, this beautifully maintained condominium offers comfort, convenience, and classic Marco Island charm in a move-in-ready package.

  26. 2023-10-11
    historical
  27. 2023-08-03
    listed $465,000 Active
  28. 2023-07-26
    listed $465,000 Active
  29. 2022-04-29
    soldstatus $432,500
  30. 2001-05-03
    soldstatus $140,000
  31. 2000-03-17
    soldstatus $115,500
  32. 1986-07-01
    soldstatus $70,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$2,925 · $244/mo
Projected year-2 tax
$3,312 · $276/mo
Expected delta
+$386/yr (+$32/mo · 13.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$68,798
− Mortgage interest
−$22,350
− Property taxes
−$2,925
− Insurance
−$7,114
− Repairs & maintenance
−$5,504
− Management
−$5,504
− HOA
−$9,636
− Depreciation
−$11,607
Taxable income
$4,158
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$998
After-tax cash flow
$8,569/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Collier
NCES district ID
1200330
Math proficiency
60% ▼ -4.00%
Reading proficiency
56% ▼ -2.00%
Median HH income
$58,275
Composite
50.23/100
National rank
#1892
State rank
#16 of 73 in FL

Livability — Marco Island

Score
71/100
State rank
#404
US rank
#7149

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing B- Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Marco Island, FL
County
Collier County · 396,295 people
City population
16,205
Metro
Naples-Marco Island, FL
Population (ZIP)
16,205
Household income
$101,523
Rent vs Own
10.6% rent · 89.4% own
Severe rent burden
314.0

Population outlook (Collier County) Hauer SSP2

Today (2025)
420,858 people
By 2030
450,054 · +6.9%
By 2040
502,232 · +19.3%
By 2050
544,932 · +29.5%
By 2075
627,203 · +49.0%
By 2100
659,015 · +56.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (90%)
Race & ethnicity
White 90% Hispanic / Latino 7% Two or more races 6%
Hispanic origin (detail)
Mexican 1% Puerto Rican 1% Cuban 2%
Common ancestry
Romanian 5% Lithuanian 2% Slovak 2%
Foreign-born
9% · Canada
Languages at home
90% English-only · Spanish 5% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Collier

2024 margin
Solid R (+33.1) · D 33.1% · R 66.2%
2008→2024 swing
-10.6pp toward R · 2008: -22.5pp · 2024: -33.1pp
All cycles
2024: R+33.1 2020: R+24.7 2016: R+26.0 2012: R+30.1 2008: R+22.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -374.55%
Current HPI
284.7538
Rent YoY
▲ 6.59%
Metro
Naples-Marco Island, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+466.0% since first listed
17 events — show timeline
  • 2026-04-30 Relisted NAPLESMLS
  • 2026-04-30 Relisted MIML
  • 2026-04-27 Pending NAPLESMLS
  • 2026-04-27 Contingent MIML
  • 2026-04-06 Price Changed $399,000 NAPLESMLS
  • 2026-04-06 Price Changed $399,000 MIML
  • 2026-03-26 Price Changed $415,000 NAPLESMLS
  • 2026-03-26 Price Changed $415,000 MIML
  • 2026-02-20 Listed $450,000 MIML
  • 2026-02-20 Listed $450,000 NAPLESMLS
  • 2023-10-11 Listing Removed NAPLESMLS
  • 2023-08-03 Listed $465,000 NAPLESMLS
  • 2023-07-26 Listed $465,000 MIML
  • 2022-04-29 Sold (Public Records) $432,500 Public Records
  • 2001-05-03 Sold (Public Records) $140,000 Public Records
  • 2000-03-17 Sold (Public Records) $115,500 Public Records
  • 1986-07-01 Sold (Public Records) $70,500 Public Records

Property tax history

+12.0%/yr

Latest (2025): $2,925 · -0.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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