548 5th Avenue
About This Property
This beautifully custom designed home, completed in Dec. of 2024 is located just a short stroll from the vibrant Downtown Marco Island Marina at the Esplanade! Enjoy easy access to waterfront dining, charming boutiques, Starbucks, grocery stores, pubs, Veterans Park and the seasonal farmer's market. Love to explore? Bike to Old Marco and lunch at the iconic Snook Inn or enjoy a short 15-minute bike ride to Marco Island's world-renowned white sugar sandy beaches.
This home is a MUST SEE! It offers BIG SKY VIEWS! From sunrises to sunsets a rare find, with South, West and Northern exposures allowing ample natural sunlight into Your home. It sits on a tropically landscaped corner lot with mature Birds of Paradise, Palms, Banana Plants and a Papaya tree. The paver driveway and walkway leads you to the elegant double door entry that opens to this breathtaking open concept living home designed to embrace Florida's indoor-outdoor lifestyle. The great room impresses with its high ceilings, 8 ft doors, and an unbelievable 16 ft wide glass wall of 10 ft tall disappearing pocket sliders that seamlessly open to the saltwater pool, sun shelf and the spa like travertine lanai with an outside shower and screened pool enclosure for year-round enjoyment.
THE CHEF'S KITCHEN is a culinary masterpiece, featuring:
A 4 ft wide Stainless Steel propane range with 6 burners plus griddle and double ovens. Fisher and Paykel double dishwasher drawers and a Stainless Steel French Door refrigerator with double freezer drawers.
This kitchen also features beautiful walnut floating shelves and an 8 ft island with seating on both sides, a WALK-IN PANTRY and a separate WINE ROOM.
As you enter the OWNER'S SUITE through the double pocket doors be sure to notice the thoughtfully designed sitting/dressing area adjacent to your private retreat bath that features double vanity sinks and a spacious walk-in tile shower with a rainfall shower head.
The GUEST SUITE OFFERS A PRIVATE ENTRANCE AND ITS OWN LANAI! Making it ideal for guests to come and go as they please. This versatile space also presents an excellent opportunity, serving as an ideal Airbnb lockout suite with ample room for a kitchenette.
This home has a transferable 10-year structural defect coverage warranty from the effective date of 12/9/24.
Don't miss out on this ONE-OF-A-KIND HOME, it's more than just a home it's a lifestyle! Schedule your private showing today and experience the very best of Marco Island living ..... See you soon!!!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by Premiere Plus Realty Company | $998,500 | |
| Listed by Premiere Plus Realty Company | |||
| Jun 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 15, 2025 | Listed by Premiere Plus Realty Company | $1,150,000 | |
| Listed by Premiere Plus Realty Company | |||
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Stunning New Construction Home in the Heart of Marco Island! This beautifully custom designed home, completed in Dec 2024 is located just a short stroll from the vibrant Downtown Marco Island Marina at the Esplanade! Enjoy easy access to waterfront dining, charming boutiques, Starbucks, grocery stores, Pubs, Veterans Park and the Seasonal Farmers Market. This Tropically landscaped corner lot features mature Birds of Paradise, Palms, Banana's and Papaya tree. The paver driveway and walkway leads you to the elegant double door entry that opens to this breathtaking 2 bedroom, 2 bathroom home that spans 1508 sq ft of open concept living designed to embrace Florida's indoor-outdoor lifestyle. The great room impresses with high ceilings, 8 ft doors, and an unbelievable 16 ft wide glass wall of 10ft tall disappearing pocket sliders that seamlessly open to the saltwater pool, sun shelf and the spa like travertine lanai with an outside shower and screened pool enclosure for year around enjoyment. The Chef's kitchen is a culinary masterpiece, featuring: A 4ft wide Stainless Steel propane range with 6 burners plus griddle and double ovens. Fisher and Paykel double dishwasher drawers. Stainless Steel French Door refrigerator with double freezer doors. Walk in Pantry, Wine room and kitchen Island with seating on both sides. As you enter into the Owner's Suite through the double pocket doors be sure to notice the thoughtfully designed sitting/dressing area adjacent to your private retreat bath that features double sinks and a spacious tile shower with a Rainfall shower head. The Guest Suite offers a private entrance and its own lanai! Making it ideal for Guest's to come and go as they please. This versatile space also presents an excellent opportunity, serving as an ideal Airbnb lockout suite with ample room for a kitchenette. Love to explore? Bike to Old Marco and lunch at the iconic Snook Inn or enjoy a short 15 minute bike ride to Marco Islands world renowned white sugar sandy beaches. Home has a TRANSFERRABLE Certificate of Warranty, Warranty Effective Date 12/9/24. 1 yr Workmanship, 1 yr Distribution Systems and a 10 yr of Structural Defects coverage from Warranty Effective Date. This is a MUST SEE! It's more than a home it's a Lifestyle! Schedule your private tour today and experience the very best of Marco Island living....
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About Marco Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017