Lately, the most popular listing each week on BuyMarco.com has been a condo. Finally, a house takes top honors. This week's winner is an inland home on Bluebird listed at only $149,000. It's a 2 bedroom / 2 bath home with just under 1300 square feet of living area. It is located in a nice area and is convenient to shopping, dining, resident's beach and the Jolley Bridge. The roof is newer and the exterior has been updated nicely.
Zillow says this home was worth $476,000 at the peak of the market and it's value hasn't been below $200,000 in the last ten years. Any way you slice it, $149,000 is a no-brainer price. It currently has a renter in place so it's perfect for an investor looking for some positive cash flow.
Like we've been telling you for months now, the low end on Marco Island is disappearing. If you want something in this price range you have to move quick.
Because this home is listed as a potential short sale, the buying process is a little bit different. If you have any questions about this home or any other on Marco Island, don't hesitate to contact us.