Owning a Bit of Paradise on Marco Island
Let’s face it, when you think about Florida, Marco Island isn’t the first place that comes to mind. But perhaps it should be! It’s the quintessential Florida vacation spot, and owning Marco Island real estate—either to live in or to rent out—could be a very good move for you.
The largest of Florida’s barrier islands, the City of Marco Island is close to Naples, Florida, right on the Gulf of Mexico. It offers six miles of beach and 100 miles of waterways, making it the perfect getaway for snowbirds—and they swell the population in the winter months from 15,000 to 35,000. That alone points to the good business sense in owning some City of Marco Island real estate!
Whether you plan to live there fulltime, own a seasonal residence, or buy property to rent out, Marco Island is a thriving community where property continues to increase in value. From the City of Marco Island website:
There are about 2,000 remaining vacant lots. New homes are constructed at a rate of about 200-300 each year. The recent trend has been the demolition of older homes with the replacement of larger residential structures. While homes and condominiums are considered to be expensive compared to most communities in Florida, there is a wide variety and price range for homes, condominiums and vacation rentals. The retail businesses, quality restaurants, superb hotel and conference facilities, quality neighborhoods, easy access to the Gulf of Mexico, and pristine environment are among the finest in the nation.
Marco Island Florida Rental Property Financing
It’s easy to see why so many people choose Marco Island as an investment opportunity: Marco Island real estate options range from mansions to cottages, with Marco Island vacation rentals bringing in substantial rental income. Add to that the continuing low rates on Marco Island mortgages and you have some great incentives to explore the possibility of owning a piece of this beautiful Florida playground.
Whether you choose to construct a new Marco Island house or purchase an existing one, be sure that you go to one of the Marco Island mortgage brokers who are ready to help you find just the right Florida mortgage for your needs and situation. There are a lot of great opportunities for living and investing on Marco Island … isn’t it time you explored a few of them? And when you’re ready to think about purchasing, we’ll be there with the Marco Island Florida mortgage that’s just right for you.
By Steve Avrus
