The Olde Marco Condo makes it possible for the second home owner to have something special because it combines old world charm with the most current amenities. Not only that, this is one of only three "condotels" on the island. Owners have the option of renting the unit as short as one day. Also, there is a rental desk on site that acts as the front desk in a hotel. For investors pursuing maximum ROI, This may be the best option.
Olde Marco overlooks the Marco River and has the latest modern conveniences with a Victorian style feel to it. It is strategically located only minutes away from the finest gourmet restaurants and shops the island has to offer, without being in the noise and congestion.
Built on 2001 and located at 140 Palm Street in Old Marco, there are 27 units in Olde Marco Condo, each having functional floor spaces measuring 961 to 985 square feet. The relaxing setting of this complex is complemented by a breathtaking and expansive view of the Marco River, Isles of Capri, and the passing dolphins and pelicans. Some of its amenities include a large screened lanai that is overlooking the courtyard, gourmet restaurant on site, broadband and Wi-Fi internet access, elevator, pool, spa, and covered parking. More importantly though, Olde Marco is a very quiet private location. This is because the property is located near the end of the street, beyond the traffic and busy tourist spots on Marco. (Read More)
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The monthly maintenance fee for Olde Marco Condo condos is $450. This is very low when compared to the few other condos on the island that allow rentals as short as one day. While many of the condos are not rented, Olde Marco condo is usually chosen by someone looking to maximize return on investment. By allowing daily rentals, the investor has the option of treating the condo almost as their own one-room hotel, easily renting it year-round.
Olde Marco Condo Policies
Olde Marco Condo doesn't allow pets. No condo that allows one-day rentals does. Olde Marco Condo is what we call a "condotel" since they allow short rentals and have a rental desk on site.
With a minimum rental period in Olde Marco Condo of one day, this excellent property gets a lot of attention from investors who want their condo to pull its own weight.
One of the best things about Marco Island is that it has all the attractions and amenities you’d want in your vacation or holiday getaway minus the chaos that most tourist vacation destinations have. By staying at a complex like Olde Marco Condo which is unique and successful in combining European elegance and American comfort, you’ll be able to relax and appreciate your vacation so much more because of the peaceful and tranquil atmosphere.
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