$525,000
2 Bed Waterfront Home for Sale in Marco Towers
60 Pelican Street 407, Naples, FL, 34113
About this home
Experience the best of Isles of Capri living from this corner unit at Marco Towers, an impeccably maintained 8-story waterfront community on the Marco River. Southwest exposure with soft morning light and relief from the intense afternoon sun, plus 2 terraces (lanai off living area is screened) offering stunning sunsets and lovely river views. Expansive fishing dock with peaceful river views, riverfront Chickee Hut for sunset cocktails and conversation, and sparkling riverside pool. This beautifully updated 2-bedroom, 2-bath residence features impact sliders, extra walk-in storage closet in hallway, a fully remodeled kitchen with quartz counters, refaced cabinets, built-in pantry with pull out shelves, built-in wine rack, remodeled primary bath with walk-in shower. Extremely quiet condo due to concrete interior walls, convenient assigned covered parking, a common tool workshop for owners to use, common laundry on each floor, a fabulous fishing pier, and a gate that leads to an easement to walk around the entire La Peninsula and Twin Dolphins while enjoying the amazing water views and wildlife. SIRS and Milestone have been completed. New roof was installed in early 2026 on building. Perfectly situated near Capri’s popular waterfront restaurants and just a short drive to Marco Island and Naples, this condo offers easy access to beaches, shopping, dining, and all the amenities of coastal living.
Property details
- Type
- Condominium
- Year built
- 1971
- Interior
- 1,112 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 259
- Total association fees
- $10,368/yr (~$864/mo)
- CDD
- None
- Est. taxes (1.4%)
- $7,350/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- No
- 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 3 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 |
|---|---|---|---|---|---|
| 1208 Edington Place E101 | May 2026 | $489,000 | 2/2 | 1,000 | $489 |
| 1208 Edington Place E204 | Apr 2026 | $500,000 | 2/2 | 1,000 | $500 |
| 1170 Edington Place C1 | Dec 2025 | $535,000 | 3/2 | 1,309 | $409 |
| Average | 3 comps | $508,000 | $466 |
Market trends, Naples
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 $170,000 (26.2%) from the original list price.
| Aug 6, 2026 | Sold | $480,000 |
| Jun 25, 2026 | Price reducedfrom $575,000 | $525,000 |
| Oct 20, 2025 | Listed | $650,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1971 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$10,368/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.