826 Magnolia Ct in Marco Island sells for $4.75 million

The property at 826 Magnolia Ct in Marco Island sold for $4,745,000 on September 24, 2026, according to the Collier County Property Appraiser's sales records. The price was 4.7 times the property's last recorded sale: $1,000,000 in 2024.

An aerial photo shows the parcel directly on a canal, with other houses around it.

Assessor's records show an 8,712-square-foot lot and a recorded market value of $1,020,800. The sale price was 4.6 times that value.

The record lists Derek & Cheryl Kjelden Trust as the buyer. Listing data shows 4 bedrooms and 6 bathrooms.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Collier County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $33,215 for the documentary stamp tax on deed and $550 for the settlement / closing fee. Who pays what follows Collier County custom.

How much did the seller net?

By our estimate, the seller netted about $4,451,074. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $1,038,058 at closing. That covers the down payment and closing costs.

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