MarcoIslandForeclosures.com - Deals & Steals!
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Kent Hedrick : 2007: # 2 in Marco Island Buyer Agent Sales Volume (out of over 500 Marco Island Realtors)
2008 through 2010: # 1 on Marco Island - working hard to find you the BEST DEALS & STEALS
Here are the three ways to search for Bank Owned Opportunities: Some of the Bank Properties will be found in the Sunshine MLS table, a few are in the Marco Island MLS links, and the absolute best deals are in my pocket or posted on the spreadsheet (not always current or up to date). Call Kent Hedrick - Broker @ 239-394-2500 and just ask for the best deals.
1) Sunshine MLS of Naples: Real Time Foreclosure Search
| Naples: Homes & Condos: Bank Owned | Marco Island: Homes & Condo Bank Owned | Marco Island: Vacant Lots |
| Naples $50K-$200K | Marco Island $50K - $200K | Marco Island Bank Owned lots - all price ranges |
| Naples $200K - $400K | Marco Island $200- $400K | |
| Naples $400- $600K | Marco Island $400K - $600K | |
| Naples $600K - $1MM | Marco Island $600K - $1MM | |
| Naples > $1MM | Marco Island > $1MM |
2) Marco Island MLS: Real Time Foreclosure Search
Marco Island MLS - Bank Owned: Homes
Marco Island MLS - Bank Owned : Condos
Marco Island MLS - Bank Owned : Vacant Lots
3) The table below is sorted by Property Type, and the tax assessed value is used as a price guideline - (not to be confused with an asking or sale price). Let me know the type of property that you are interested in and I will help you through the foreclosure maze. Some of these are great deals and some are significantly overpriced - Don't go it alone, you need an experienced Buyers Agent to help you with the process. I'll help you find the absolute best deals: Marcoproperty@aol.com or call Kent Hedrick - Broker 239-394-2500.
| Property Type | Street # or Apt # | Property Description | Property Info | 2010 Tax assessed value (000's) | Status | Make an offer | More Info | Sales History |
| Condo | Request full access | Mainsail | Tropic Schooner, 2 BR 2 BA 1st floor condo with lake and golf views from unit and screened lanai. 18" Tiles thru out living area & kitchen | 87 | Bank Owned, offer 95K given location and tile floors | Make an offer | Request full access | pd $261K 10/05 |
| Condo | Mainsail | Tropic Schooner, 2 BR 2 BA 1st floor condo with canal views. | 87 | Bank Owned, offer 85K | Make an offer | pd 242K 2/05 | ||
| Condo | Mainsail | Mainsail , 2 bdrm, 2 bath, 813 sq. ft, nice views from this 2nd floor, end unit | 99 | Bank Owned, offer $95K | Make an offer | pd 255K 9/06 | ||
| Condo | Leland | San Marco Villas, 2 bdrm, 2 bath, 1100 sq. ft | 112 | Bank Owned | Make an offer | |||
| Condo | Manatee Rd | Gulfwinds East - 2 bdrm , 1010 sq. ft | $103 | sold for $52K, more coming | Make an offer | Pd 210K | ||
| Condo | San marco Rd | Estuary of Marco Island, 2 bdrm, 1110 sq, ft, wood frame building | $109 | Bank Owned | Make an offer | Pd 275K 3/05 - peak price | ||
| Condo | Anglers Cove | 1 bdrm "cabana" unit in Anglers Cove. Includes a parking space. These are desirable units, but this one is in original condition and has limited views | $121 | Bank overpriced at $169K, wait 30 days for the price reduction | Make an offer | Pd 379K in 2006 - crazy price | ||
| Condo | Reflection lakes | 3 bdrm, townhouse style unit, better location than the unit above | $125 | bank owned | Make an offer | pd $288K in 2005 | ||
| Condo | Fairways | 3 bdrm, 2nd floor unit, 1400 sq. ft, nice views of the golf course | $130 | bank asking $124K, a STEAL.. | Make an offer | pd $260K in 2005 | ||
| Condo | Sawgrass | Cedar Hammock, 2 bdrm, 2 bath, 1,194 sq. ft, nice lake view. Carport | $128 | bank asking $126K - a steal | Make an offer | |||
| Condo | Bishopwood | Forest Glen, 2 bdrm + den, 1,417 sq. ft, built in 2005, 1 car garage, open views | $146 | bank asking $152K - a steal given location and size | Make an offer | |||
| Condo | Beach Club | 1 bdrm, across from south beach, weekly rentals | $172 | Bank asking $150K | Make an offer | Pd 245K 3/04 | ||
| Condo | Anglers Cove | 1 bdrm, penthouse level, top floor with big views of Marco bay | $183 | Priced for a quick sale $175K will take it | Make an offer | |||
| Condo | Capistrano | Lely Ole', Built in 2007, 1655 sq. ft, 3 bdrm, 2 bath, with a 2 car garage | $186 | Bank asking $245K | Make an offer | pd $360K 9/07 | ||
| Condo | Mahognay Run # 1721 | Greenlinks- Lely, 3 bdrm, weekly rentals | $192 | bank asking $114K - weekly rentals | Make an offer | Pd 220K 3/05 | ||
| Condo | Belle Ct | Fiddlers Creek: Varenna 3 bdrm, 3 bath, 2,100 sq. ft - big water views, close to pool | $212 | Bank Owned, offer them $210K | Make an offer | |||
| Condo | 100 Stevens Landing | 2 bdrm, 2 bath, 1,100 sq. ft, partial view of the Marco River, common boat slips. Private community | $213 | bank reduced to $164K, needs work, heavy smoker | Make an offer | Pd 390K 12/05 | ||
| Condo | San Marco Residence | Spacious 1 bdrm (800 s.f.) directly across from the Madeira & the new path to the beach | $213 | Short sale price of $145K - that's a steal.. | Make an offer | Paid 270K in 8/04 | ||
| Condo | Riverside | Riverside, large 1 bedroom unit (800 sq. ft) with big views of Marco Bay. Weekly rentals allowed | $200 | Bank asking $199K, a deal.. | Make an offer | Pd $420K in 2005 | ||
| Condo | Serenity | Fiddlers Creek "serena community". Huge 3 bdrm + den, 2,400 sq. ft, big lake views | $271 | Bank asking $204K - a steal.. Look at the pre-construction price | Make an offer | Pd 676K 3/07 | ||
| Condo | Vintage Bay | 3 bdrm, end unit, 2,100 sq. ft, views of Barfield Bay | $242 | Bank asking $254K, decent price | Make an offer | pd 460K 3/05 | ||
| Condo | Montreux | Fiddlers Creek, 3 bdrm, 2502 sq. ft, nice views of the golf course | $255 | Bank Owned, offer $275 | Make an offer | pd $630K 6/05 | ||
| Condo | Sunset House North | 2 bedroom beachfront, updated master bath, missing some parts, limited gulf view (actually no view), 1st floor walk out to beach | $269 | Bank asking $292K, overpriced given view and condition, offer $260K | Make an offer | no recent sales | ||
| Condo | Tradewinds | 2 bedroom, beachfront. Direct gulf views, 874 sq. ft, some updates | $288 | Too late.. Under contract | Make an offer | |||
| Condo | Museo # 102 | Laguna, Fiddlers Creek, built in 06, 2nd floor big lakes views, 3 / 3 2,361 sq. ft | $332 | under contract, more coming for $220K | Make an offer | pd 486 3/06 | ||
| Condo | Gulfview | Beachfront, 2 bedroom, needs some updating | $324 | Bank reduced to $335K, now a deal | Make an offer | pd 870K in 2003 | ||
| Condo | South Seas Towers | Tower 3, south side overlooking some of the parking lot, but high enough to get good views | $325 | under contract, 1 other unit coming soon. | Make an offer | |||
| Condo | Borghese | Hammock Bay, Built in 2005, 2463 sq. ft. Awesome views from this huge 2nd floor residence | $371 | under contract | Make an offer | Pd 750K 6/05 | ||
| Condo | Lesina @ hammock bay | Hammock Bay, 9th floor unit, last buyer paid over $1MM for this "decorator ready" 4 bdrm, 3 bath, 2876 sq. ft. unit. | $387 | Bank Owned, offer them 375K | Make an offer | pd $1,120K in 2005 | ||
| Condo | Lesina @ hammock bay | Huge 4 brdm, 2,900 sq. ft, plus a 4,000 sq. ft terrace overlooking the preserve | $406 | Bank owned.. Not yet priced ..make an offer of $475K | Make an offer | Pd $1,160K 2/07 | ||
| Condo | South Seas Tower | 2 bdrm, 1,154 sq. ft, beachfront, SW exposure overlooking the pool | $411 | Bank asking $450K - overpriced in today's market - pass | Make an offer | |||
| Condo | Menaggio | Fiddlers Creek, Huge 3 + den , 3 bath, 2,900 sq. ft. Several bank owned units available | $467 | Bank owned, priced from $450K to $499K | Make an offer | Pd $1MM on average | ||
| Condo | Royal Marco Point 3000 | Hideaway beach, Built in 1991, 2 bdrm, 2 1/2 bath, big views of the Gulf & Marco River, needs updating, 2,166 sq. ft. | $521 | Bank reduced - now 349K - a steal | Make an offer | |||
| Condo | Esplanade of Marco | Huge 3 bedroom, 3 bath, 2,036 sq. ft, good condition, partial bay views | $599 | Bank asking $515K, a decent price | Make an offer | Pd 785K 2003 | ||
| Condo | Royal Marco Point 2000 | Hideaway beach, Built in 90, 3 bdrm, 2,165 sq. ft., marginal views of the gulf over the roof tops in front - see pictures | $695 | Bank reduced to 399K -a deal for Hideaway Beach | Make an offer | Pd $750K 5/05 | ||
| Condo | Marco Cat | Big views of the River & Gulf. Two Penthouse units, bank owned. 3,238 sq. ft, & 2,530 sq. ft | $1.7MM | under contract | Make an offer | |||
| Condo | Belize | Huge Views from this 24th floor, 4 bedroom, high end condo.. The pre-construction price from 2003 was $6.3MM - it's a steal ! | $2,800 | Bank asking $3.1MM | Make an offer | Pd $6.3MM - pre construction | ||
| Home - Direct access | Angler Ct | Built in 1973, some updates, 3 bdrm 2 bath, 1900 sq. ft | $356 | under contract | Make an offer | pd 825K 6/04 | ||
| Home - Direct access | Bamboo | Built in 67, 1300 sq. ft, looks like a tear down, lot value $225K | $240 | Bank owned, pass unless you want a lot. | Make an offer | pd $1,250K, mortgage fraud.. Probably a friend of the one below. | ||
| Home - Direct access | Perrine | Olde Marco, quick access to gulf. Built in 1977, 1565 sq. ft, w/t pool, southern exposure | $360 | Bank Owned, Offer $350K | Make an offer | pd $1,365K, appears to be mortgage fraud! | ||
| Home - Direct access | Pepperwood | Built in 1979, 3 bdrm, 2 bath, nice long water views, southern exposure, quick access out | $414 | under contract | Make an offer | Pd 480K in 1999 | ||
| Home - Direct access | Gayer Way | This is a nice deal.. Olde Marco, long water views, built in 93, 2010 sq. ft.. An opportunity | $425 | under contract | Make an offer | Pd 789K in 2004 | ||
| Home - Direct access | Grapewood | Built in 1977, 2558 sq. ft, not a great lot, end of canal | $445 | Bank asking $401K, offer 375K.. Needs a lot of work | Make an offer | |||
| Home - Direct access | Apataki Ct | Built in 91', 1,800 sq. ft, huge pool, intersecting canal views | $534 | back on market.. Offer $425K | Make an offer | Pd 1,075K 8/04 | ||
| Home - Direct access | Plantation | Built in 1986, 3 bdrm, 2 bath, 2700 sq. ft, w/t 127' on the water, partial bay views | $547 | Bank Owned, vacant for some time, check for mold! Great location | Make an offer | Pd $550K, over a decade ago.. | ||
| Home - Direct access | Magnolia Ct | Built on 1990, then expanded in 2000?, very poor construction, exterior walls are pealing off - pass on this one. | $551 | Bank asking $999K - must be a joke.. Tear down addition, start over. Price should be $450K | Make an offer | pd 475 in 2003 | ||
| Home - Direct access | Hull Ct | Great location, but the lot is marginal (end of canal).. Built in 96, 1926 sq. ft. | $650 | Too late, under contract | Make an offer | pd 1,360K.. | ||
| Home - Direct access | Martinique | Built in 2007, 4 bdrm, 4 bath, 3038 sq. ft | $1,000 | Under contract, looks like someone overpaid for it given the location | Make an offer | Pd 780K for the lot in 2005 | ||
| Home - Direct access | Caxambas Dr | Marco Island Estates! Built in 2001, 4 bdrm, 4 bath, over 3,400 sq. ft. HUGE.. Bay View. Large pool. Awesome outdoor lanai area. | $1,200 | Too late.. Under contract, the good ones go FAST | Make an offer | paid $3.3MM 4/05 | ||
| Home - Direct access | Bald Eagle | Awesome river views, boathouse, built in 86', 2908 sq. ft. | $1,300 | Sold. We stole it! | Under Contract | pd 2MM 3/06 | ||
| Home - indirect access | Barfield | Built in 1978, 3 bdrm, 1845 sq. ft, located on a main street…. So discount the price accordingly.. | $207 | Bank owned, offer $200K | Make an offer | pd $525K 8/05 | ||
| Home - indirect access | Fieldstone | Built in 89, large corner lot (but only 50' of waterfront), long views, great location, walk to the beach | $475 | Bank Owned, offer $450K given the location | Make an offer | no recent sales | ||
| Home- indirect access | Barcelona | Built in 1999, 3 bdrm, 2 bath, 2241 sq. ft, 162' on the water, open views. | $558 | Bank Owned, offer $575K given the outstanding lot value, and quick access out | Make an offer | Pd $779K back in 2003 - that was a steal back then | ||
| Home - indirect access | Lamplighter | Built in 2008, Huge home with > 5000 sq. ft. 5 bedroom (2 master suites) + den, 4 1/2 baths, nice finishings, the only negative is the corner lot (50' of water) | $963 | under contract, someone overpaid for it! | Make an offer | |||
| Home - inland | Collier | Handyman special, 1970, 2 bdrm , 2 bath, 1200 sq. ft | $135 | under contract | Make an offer | |||
| Home - inland | Collier | Built in 1975, 3 bdrm, 2 bath, 2060 sq. ft, some updates, no pool | $118 | Bank asking $204,900 | Make an offer | |||
| Home - inland | Heathwood | Built in 1987, 3 bdrm, 2 bath, 1500 sq. ft, no pool, close to Mackle Park, open floor plan | $142 | Bank asking 199K, overlooks water tanks - pass | Make an offer | pd 375K 7/05 | ||
| Home - inland | Toscana | Tuscany Cove, Built in 2006, 2032 sq,ft. No pool (but you can add one). Nice community, good location (Rte 951 & Pine Ridge) | $185 | Bank asking $204K - a steal.. Look at the pre-construction price | Make an offer | Pd 480K 6/06 | ||
| Home - inland | Fruitland | Built in 1971, 3 bdrm, 1500 sq. ft, roof leaks | $179 | under contract | Make an offer | pd 435K 8/05 - guess the roof was OK then | ||
| Home - inland | Bent Creek | Fiddlers Creek, 3 bedroom, 1593 sq. ft, nice lake views | $213 | Bank asking $209K, that's a deal given the lake view | Make an offer | Paid 196K - 11 years ago.. Price rollback | ||
| Home - inland | S. Heathwood | Built in 1995, 4 bdrm, 2,684 sq. ft. w/t pool. Big view of the lake at Mackle Park | $220 | under contract | Make an offer | |||
| Home - inland | Jamaica | Built in 69, 1350 sq. ft.. AWESOME LOT, huge golf course views | $225 | Bank owned, offer lot value of $230K | Make an offer | pd $232K over 10 years ago ! | ||
| Home - Inland | Cherry Oaks | Fiddlers Creek, 3 bdrm, w/t pool. 1956 sq.ft. built in 04 | $360 | under contract | Make an offer | pd $789K in 4/04 | ||
| Home - Inland | Mustang | Lely, Built in 2005, 2186 sq. ft, huge lake & golf course views | $410 | Bank asking $375K, under contract, another one coming soon! | Make an offer | Pd 710K 11/05 | ||
| Home - inland | Tiger Lily | Lely, Built in 2005, 2186 sq. ft, huge lake & golf course views | $460 | |||||
| Home - inland | Isla Del Sol | Fiddlers Creek, 2 Bank Owned Homes in "Isla Del Sol". Best pick is # 3871. Built in 2006, 4 bedroom, 5400 sq. ft, huge views, nice finishings, a steal | $1,300 | Bank asking $1.2MM,& $1.3MM | Make an offer | |||
| Lot | Dogwood | Inland lot, | $117 | Bank asking $59,900 | Make an offer | |||
| Lot | 6th ave | Inland lot, | $64 | Bank Owned | Make an offer | Pd 158K 3/04 | ||
| Lot | Maywood | Direct access waterfront | $281 | Bank asking $279K - steal for direct access | Make an offer | Pd 650K 4/04 | ||
| Lot | Sunflower | Big bay view lot.. A steal | $379 | we stole it.. | Make an offer | |||
| Lot | can't post | walk to Tigertail, call for details: 239-394-2500 | 242K | secret is out, under contract | Make an offer | pd 915K 8/04 | ||
| Lot | several great waterfront lots. Call Kent for more information 239-394-2500 | various | Make an offer |
New Feature: Lis Penden Activity. There are currently 75 properties that are in the process of being foreclosed on. The Bank's have already filed suit (Lis Pendens) and the foreclosure process can take up to 18 months. Don't wait for the Bank to take title to the property. In some cases we can purchase the property prior to foreclosure by way of a "short sale". It's a WIN WIN for all involved, a great deal for the Buyer, a significant cost savings for the Bank by avoiding a lengthy foreclosure, and win for the Seller's credit rating and peace of mind. Please call me with the property type that you are interested and I will help you select the best opportunities. Call me today at : 239-394-2500. Thanks, Kent Hedrick - Broker
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870 Bald Eagle Drive
Marco Island, Fl. 34145