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Marco Island Real Estate for sale and History luxury property for sale 550 ALAMEDA CT Marco island FL
Marco Island Florida Collier County History and real estate information

MARCO ISLAND FROM THE SKY (see the satellite link for a picture of your Marco Island property )
In the mid 1500s, when Spain was exploring most of Florida, the Spaniards came upon a large island which contained two cool artisan springs located near what is now known as Caxambas Pass. The island became a favorite place to fill casks with fresh water for their return trip to Spain.
The island eventually became known to sailors as La Isla de San Marco (the island of Saint Mark), named for Saint Mark, the Christian evangelist and author of the second gospel in the Bible. As the years passed, the site became known as San Marco Island (Saint Mark's island) and finally, just Marco Island.
It is believed that at least 2,000 years before Christ, the pre-historic Calusa Indians inhabited this remote island. Evidence of their existence was first discovered in 1895 when Captain Bill Collier, son ofMarco's founder, W.T. Collier, was digging on his property (known then as Key Marco). Today, this area is called Old Marco and was the site of one of the most successful archaeological digs in North America.
In 1870, W.T. Collier brought his wife and nine children to Marco Island. In 1896, his son, William D. "Captain Bill" Collier opened a 20 room hotel that is known today as the Olde Marco Inn, and is registered as an historical landmark.
Barron G. Collier (no relation to W.T. Collier) purchased most of Marco Island in 1922. With the onset of rail service (the Atlantic Coast Line) to Marco Island in 1927, plans to develop the island were in process. However, the depression put a damper on development and it wasn't until 1964, when Deltona Corporation, led by the Mackle brothers, put modern Marco on the map.
Marco Island is the largest of the Ten Thousand Islands, measuring 24 square miles. Due to the influence of the Calusa Indians and their "shell mounding", the highest elevation in S.W.Florida is right here onMarco, at Indian Hill, which is 51 feet above sea level.
One of the many Calusa artifacts that have been found is the famous Key Marco Cat, which now resides in the Smithsonian Institution in Washington, D.C. This small wooden carving was discovered in 1896 by Dr. Frank Cushing on the property owned by Captain Bill Collier.
In 1960 the Marco Island population was about 550 persons. Marco had grown to 4,700 residents by 1980 and it is at this time Marco Island was transformed from a sleepy fishing village into a vacation and seasonal home destination. Because of this seasonal popularity, the population of the Island typically doubles during the winter months. 1
Marco Island has a number of Gulf of Mexico boat access properties. To have automated listings sent to you, contact us on OUR WEBSITE or email Broker John at info@globalrealtyadvisors.com or call 800-214-4945 or 239-430-1700.
TO SEE A SATELLITE PICTURE AND PROPERTY VALUATION OF YOUR FAVORITE MARCO ISLAND PROPERTY START HERE
John Krol
Broker, MBA, CIPS, SRES, ABR, E-Pro, Registered Representative
PRIME MARCO ISLAND ESTATE HOME for sale ...UNIQUE OFFERING....A RARE FIND




TO SEE AN INTRODUCTION YOU TUBE VIDEO ON :
TO SEE A VIDEO OF A MARCO ESTATE HOME LOOK AT THIS
TO SE A VIRUTAL TOUR OF THIS ESTATE HOME FOR SALE IN MARCO ISLAND LOOK AT THIS
TO SEE ADDITIONAL PHOTOS AND INFORMATION SEE OUR WEBSITE
TO RECEIVE MORE INFORMATION ON MARCO ISLAND REAL ESTATE FOR SALE, CONTACT BROKER JOHN AT 001-239-430-1700 OR 800-214-4945 OR EMAIL naplesflbroker@aol.com
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The Marco Island real estate market has continued to show improvement through the third quarter of 2011. Overall sales volumes have increased for the third consecutive quarter. Marco Island total sales volumes registered over 50% over Q3 of 2010. Inventory has shrunk by over 14% as compared last year and new listings were down by nearly 14%. while overall pending sales were up nearly 39% over Q3 2010. There was good news on the sales prices as well. Overall average sales were up by nearly 15% over the previous Q3.
Condos and lots had strong performances in Q3 2011. Lots lead the way with a 113% increase in volume and an average sale price increase of almost 15%. Pending contracts in these categories were also strong with 104% and 91+% increases, respectively. We are seeing a lot of buyer’s now opting to buy waterfront lots and build new construction. This has taken some of the wind out of the sails of existing home sales. However, homes sales volumes still registered a respectable 4.29% increase. Pending home sales showed a bit of weakness. We believe the weakness is due the depletion of quality properties in the market value range as well as the trend towards new construction.
Distressed properties (aka Foreclosure and short sales) made up about 15% of active homes, 8% of active condos and 11% of the active lots. Overall, Marco Island’s 15% foreclosure rate for homes is below national (17%), Florida(27%) and Collier County(26%) levels, according to RealtyTrac.
With season soon upon us, we have seen a flurry of buyers entering the Marco Island real estate market . We anticipate that we will see good sales volumes through December that will continue as we enter January. However, we should not expect any appreciable difference in sales price at least until mid-to-late Q1 2012.
Click to see all of the Marco Island Real Estate Statistics for Q3 2011
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The Marco Island Real Estate market continues to show consistent improvemen
t in September 2011. New Listings were 25% lower than last September and overall inventory was down 14.5%. Overall Closed transactions were up almost 33%. While the month to month average and median prices were positive, all signs of a stabilizing market.
Individually, the single family homes were on pace with last month but below last September's numbers. We believe that due to the strong interest in homes in the past that the inventory has been depleted of quality homes that are well priced. Good properties are leaving the market quickly. The silver lining is that average home sales price was up nearly 18% month to month and near even with last year. Could we be seeing a change in the direction of home prices?
On the flipside, lots and condos had a banner month!
In September, lot sales surges 225% over last year and 44% over last month. Lot are at bargain prices which has caused some of the buyer's to consider new construction vs. existing homes. This has taken some of the momentum away from single family home sales as buyer's are not finding what they want in single families. We are already seeing waterfront lot price going up slightly.
Condos also had a triple digit increase over last September, moving up over 106%. We have seen a renewed interest in condos. There was over a 30% increase in the condo average price index. Most likely attributed to a increase in the higher end condos. However, there are still plenty of condo bargains to be had in the Marco Island real estate market.
Overall, the market is primed for an great season! The values are there but you will need to move quickly as we are seeing the good properties leave the market quickly. If you have been sitting on the fence, now is the time to get off and find your place in paradise.
See all the Marco Island Real Estate Statistics for September 2011
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