816 W Elkcam Circle • Smokehouse Bay • Villa Del Mare of Marco Island
The Villa Del Mare Marco Island Market Report focuses on condominium listings and recent sales at 816 W Elkcam Circle, overlooking Smokehouse Bay on Marco Island, Florida.
Villa Del Mare of Marco Island is a boutique waterfront condominium community containing approximately 20 residences. Built in 1990, the property combines wide-water bay views, two-bedroom floor plans, private outdoor living, a community boat dock, swimming pool, fishing pier and elevator access.
Villa Del Mare should be analyzed as its own 20-residence waterfront market. Pricing it from an average of all Marco Island waterfront condos would combine dissimilar properties, including large Gulf-front towers, luxury penthouses and smaller inland condominiums.
Villa Del Mare Market Overview
Understanding Current Villa Del Mare Listings
Active condominium listings establish the asking prices at which Villa Del Mare owners are currently offering their residences. They do not, by themselves, establish closed-market value.
Each listing should be evaluated according to actual living area, residence floor, corner or interior position, direct or angled Smokehouse Bay views, terrace configuration, renovation, parking, storage and boating rights.
A waterfront end residence with broad bay exposure may compete differently from a similar-sized home emphasizing pool views or offering a different outdoor configuration.
Why a 20-Residence Community Requires Careful Analysis
Villa Del Mare has a small inventory base. It is normal for some reporting periods to contain few or no current listings, pending contracts or closed transactions.
When only a few properties have sold, building-wide average prices can change significantly from one transaction to the next.
Buyers and sellers should therefore evaluate individual closed sales and distinguish differences in floor plan, floor elevation, view and condition before relying on average price per square foot.
Villa Del Mare Floor Plans and Condo Values
Villa Del Mare is primarily a two-bedroom condominium community with two frequently documented interior living areas: approximately 1,309 square feet and 1,380 square feet.
Larger and smaller recorded measurements can appear in individual property records. Always confirm conditioned living area separately from balcony, terrace or other non-air-conditioned space.
The strongest comparisons usually begin with a property in the same floor-plan family and a similar position within the Villa Del Mare building.
Smokehouse Bay Views and Price Differences
Smokehouse Bay is the community's defining physical feature. Waterfront residences may enjoy broad views across the bay, boating activity, neighboring waterfront properties and western evening skies.
Floor height, building position and landscaping can change the outlook. Top-floor and end-unit residences may also offer additional privacy and windows compared with interior units.
Compare the water view from the principal living room and terrace rather than relying exclusively on listing photographs.
Screened Lanais and Private Terraces
Villa Del Mare condominiums may include screened waterfront lanais, spacious terraces and outdoor storage areas.
These features can contribute materially to the ownership experience. Compare the actual dimensions, waterfront orientation, privacy, railings, waterproofing, screens and storm-protection systems.
Common Dock, Boating Access and Market Value
Villa Del Mare provides community boating facilities on Smokehouse Bay, with access toward the Gulf of Mexico.
However, a condominium purchase should not be assumed to include a particular deeded or transferable boat slip.
For any property marketed with boating access, obtain written confirmation of the legal and practical rights associated with the residence.
- Deeded, assigned or leased dock rights
- Whether a boating right transfers with the sale
- Current slip availability and waiting lists
- Permitted vessel length, beam and draft
- Water depth, tides and navigation conditions
- Dock fees, maintenance and association procedures
- Condition of docks, pilings and the seawall
A verified boating right may influence market value, but it should be considered independently from the property's interior square footage and bay view.
Renovated vs. More Original Villa Del Mare Condos
Villa Del Mare was built in 1990, so individual condominiums now vary in renovation and mechanical condition.
Updated residences may include modern kitchens and bathrooms, newer flooring, improved lighting, impact-resistant windows and doors, contemporary appliances and newer HVAC equipment.
The most meaningful price comparisons account first for permanent characteristics, then adjust for renovation quality, storm protection and mechanical systems.
Association Finances and Capital Projects
Condominium market value also reflects the financial and physical condition of the homeowners' association.
Buyers should review the current operating budget, reserve funding, applicable inspection and engineering reports, master insurance, outstanding assessments and anticipated capital expenditures.
At a waterfront condominium such as Villa Del Mare, building and marine infrastructure should be reviewed separately.
- Roof and exterior envelope
- Elevator maintenance and modernization
- Balconies, terraces and waterproofing
- Windows, doors and hurricane protection
- Master-property insurance and deductibles
- Reserves and any special assessments
- Seawall, dock and marine infrastructure
- Pool and common-area maintenance
Rental Rules and Ownership Restrictions
Published community references have described an approximately 30-day minimum rental period and limits on annual lease frequency at Villa Del Mare.
Buyers planning seasonal or investment use should confirm the current declaration, amendments, association approvals, rental frequency, minimum lease term and applicable City of Marco Island requirements.
Published pet-policy descriptions have also been inconsistent. Obtain the current written rules instead of relying on a general online condominium directory.
Recommended Villa Del Mare valuation sequence: exact floor-plan category → verified interior living area → floor elevation → end-unit or interior position → Smokehouse Bay view → lanai or terrace → covered parking and storage → documented boating rights → impact protection and renovations → association condition → recent same-building closed sales.
Compare Nearby Smokehouse Bay Condos
Nearby condominium communities provide helpful context, but each has different floor plans, waterfront characteristics and boating arrangements.
Villa Del Mare vs. Dockside
Dockside is another boutique Smokehouse Bay condominium community. Its conventional residences are generally smaller than Villa Del Mare's principal two-bedroom floor plans.
Villa Del Mare vs. Bayfront Place
Bayfront Place offers larger three-bedroom waterfront residences and selected boating arrangements. Residence size and verified docking rights should be evaluated before using its transactions as comparison evidence.
Villa Del Mare vs. The Esplanade
The Esplanade provides a different residential environment with larger luxury floor plans, marina surroundings, restaurants and retail space.
Villa Del Mare Market Guidance
Buyers should identify the correct floor plan, view and ownership rights before comparing listing prices. Recent sales are most useful when the residence position and condition are sufficiently similar.
Sellers should document the property's permanent waterfront exposure, actual living area, terrace, parking, storage, renovation, hurricane protection and any legal boating rights.
Because the community contains only 20 residences, a carefully selected individual comparable sale can be more informative than a simple community-wide average.
Villa Del Mare Listings and Private Tours
Schulz Realty assists buyers and sellers with Villa Del Mare condominiums, Smokehouse Bay market comparisons and Marco Island waterfront real estate.
Current Villa Del Mare Listings and Recent Sales
The native RealGeeks Market Report tables below should display current condominium listings and recently sold properties belonging specifically to Villa Del Mare Of Marco Island.
The community is located at 816 W Elkcam Circle, Marco Island, Florida.
Compare live report data with the Villa Del Mare Listings Search and Villa Del Mare Map Search .
Active listing inventory and closed transactions change over time. Verify the current results whenever preparing an individual property valuation.
Villa Del Mare residence counts, construction information, floor plans, square footage, asking prices, sold prices, market statistics, days on market, bay views, balcony and terrace configurations, parking and storage rights, dock availability, boat-use rights, boating conditions, association fees, reserve funding, structural studies, inspections, insurance, deductibles, assessments, seawall and dock projects, rental restrictions, pet policies and individual condominium features may vary or change. Market-report information is time-sensitive and does not guarantee current property value. Buyers and sellers should independently verify material facts through current MLS records, condominium governing documents, association financial statements, insurance records, inspections, public records, title work, qualified marine professionals and other appropriate advisers.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.