$1,200,000
2 Bed 2 Bath Waterfront Condominium for Sale in MONTERREY AT CAPE MARCO, FL
980 Cape Marco Drive 303, Marco Island, FL, 34145
About this home
View, view, view!! Welcome to the stunning Monterrey #303 at Cape Marco, a luxury high-rise located on the exclusive southern tip of Marco Island, overlooking the Gulf of Mexico and the Ten Thousand Islands. Don't miss the breathtaking, unobstructed views to the east and south, offering total privacy from the spacious Gulf front balcony. Step inside this immaculate residence via an elevator that serves only two units per floor. The double-door entry opens to a generously sized great room filled with natural light and captivating views. The kitchen was tastefully renovated eight years ago & the split-bedroom layout features a den (with two Murphy beds) and a guest suite, while the primary bedroom suite includes a walk-in shower, soaking tub, double vanity, and a large walk-in closet. Unique to this floor, the expansive north-side balcony offers exceptional shaded seating areas—perfect for relaxing outdoors. Plus, the office and guest bedroom boast large sliding glass doors instead of standard windows, creating an open, airy feel. Additional perks include a private storage room in the garage and a shared storage closet on the floor. Cape Marco & Monterrey offers a vibrant lifestyle with a stunning clubhouse, complete with a full kitchen, bar, TVs, card tables, and multiple seating areas, new workout room, all with panoramic Gulf views. Cape Marco is one of the island's most secure and sought-after communities, featuring a 24-hour manned gate, heated pool, racquet sports, with six Har-Tru courts and a recently updated clubhouse and veranda. With over 1,800 square feet and impressive views, this residence is truly an excellent value!
Property details
- Type
- Condominium
- Year built
- 1996
- Interior
- 1,978 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 40
- Total association fees
- $24,764/yr (~$2,064/mo)
- CDD
- None
- Est. taxes (1.4%)
- $16,800/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- County
- Collier
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 980 Cape Marco Drive 602 | Jan 2026 | $1,295,000 | 2/2 | 1,820 | $712 |
| 1061 S Collier Boulevard 501 | Feb 2026 | $1,225,000 | 3/3 | 1,975 | $620 |
| 1070 S Collier Boulevard 803 | Dec 2025 | $1,150,000 | 2/2 | 2,159 | $533 |
| 910 Panama Court 402 | Jul 2026 | $1,150,000 | 3/2 | 1,920 | $599 |
| 1111 Swallow Avenue 1-602 | Oct 2025 | $1,165,000 | 3/3 | 1,907 | $611 |
| Average | 5 comps | $1,197,000 | $615 |
Market trends — Marco Island
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $95,000 (7.9%) from the original list price.
| Aug 27, 2025 | Sold | $1,105,000 |
| Jun 20, 2025 | Listed | $1,200,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Built 1996 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$24,764/yr)
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.