July 7, 2006

Angles Cove Market Report July 2006

Completion of this Marco Island Condo complex was in 1986 and the property consists of 1 & 2 bedroom units with a maximum occupancy of 5 people in a one bedroom and 6 people in a two bedroom. There are 320 units and 5 floors in the complex. All units have full kitchens. The square footage of the units is in the 700 to 800 foot range. Some units have water views while others have pool or island views. There are 13 acres of land most of which is bordering the Marco River. There are 2 pools three hot tubs, 2 tennis courts, a waterside bar and grill, as well as boat docks for rent. Pets are not allowed and these units are desirable rental properties with weekly rentals allowed. Maintenance runs approximately $910 a quarter.

Since July 1, 2005 there have been 9 closed sales that range in price from $225,000 - $505,000. Currently there are two properties that are pending and there are on the market 25 properties. 16 of these properties are 1 bedroom and range from $335,000 - $575,000. 9 of the units for sale are 2 bedroom and range from $359,000 - $525,000.

For a complete list of properties of this complex, please call me at (239) 821-3063. Or if you would like more information on Marco Island and available condos, I would be happy to assist you.

Visit the Angler's Cove website at http://www.marcoanglerscove.com/ for more information and photographs of the complex.

All information is gathered from the Marco Island Area Association of Realtors.

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