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Water-Direct Foreclosure on Marco Island - $425,000

Posted by Dan Boyle on Friday, August 10th, 2012 at 8:52am.

This one isn't gonna last, people.  If you're looking for a bargain on a water-direct home, this might be the one.  For those of you wondering what "water-direct" means, it is a property from which passage under a bridge is not required to reach the Gulf by boat.  Usually, they also have quicker Gulf access also. Check out this listing here.

Besides being water-direct, this home also has a big water view, oversized lot, and  open floor plan.  It has three bedrooms and three baths and 2193 square feet under air.  Total square footage is 3500.  The price-per-foot of this foreclosure is cheap when compared to recent sales.  It's only $194 per foot under air.  The last sale on Sunset was $303/ ft.

Our website has updated listings of all the foreclosures on Marco Island and surrounding areas.  If you see one here that you're interested in, feel free to contact The Boyle Team.  Remember, bank owned property is always under some degree of buying pressure so it pays to act quickly.

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