$899,900
2 Bed Waterfront Home for Sale in Merida
990 Cape Marco Drive 1003, Marco Island, FL, 34145
About this home
Experience unparalleled luxury and opulence in this beautifully appointed two-bedroom, two-bathroom plus flex room condo in Merida at Cape Marco. Situated on the 10th floor, this residence offers sweeping and boundless views of the Gulf of America, perfect for watching boating by day and gorgeous Florida sunsets. The condo is offered turnkey/furnished and is the lowest-priced unit in the building as of this listing, providing a rare opportunity to own in one of Marco Island's most coveted communities. The spacious open floor plan seamlessly integrates the living, dining, and kitchen areas, making it ideal for both relaxation and entertaining. The kitchen has been thoughtfully updated with wood cabinetry, granite countertops, recessed lighting, and a tumbled marble mosaic backsplash. The breakfast bar allows for casual dining and conversation. Stainless steel appliances, including a slide-in range, add a touch of modern elegance along with large block tile laid on the diagonal, crown moldings, and great natural light, creating a warm and inviting atmosphere throughout. High-impact resistant glass doors and windows provide security, quiet, and peace of mind. A flex room segregated just off the entry offers a versatile space that can be used as a guest bedroom, den, or study—perfect for accommodating your visitors or used as a peaceful retreat. The primary bedroom with views of the Gulf provides an en suite bathroom featuring a soaking tub, separate shower, twin vanity, and a walk-in closet. The split floor plan ensures privacy, with a generous guest bedroom with plenty of space for guests or family members. Additional features include in-residence laundry, extra storage space, and garage parking for added convenience. An ample balcony extends the living area outdoors, allowing you to enjoy the breathtaking Gulf views and the tropical surroundings. Merida at Cape Marco offers resort-style amenities that include a tropical beachfront heated pool, a well-equipped fitness room, Har-Tru tennis courts, and a social room, while the guard-gated entry and on-site management provide peace of mind. Bring your furry friends along with approval from the association to enjoy this incredible lifestyle. Located at the south end of Marco Island, this property offers a private exit to a beach access walkway and is within walking distance to the island’s finest dining, shopping, and entertainment. Don’t miss the chance to own this exceptional condo that combines modern luxury with relaxed island living. With its stunning views, elegant finishes, and unmatched location, this property defines coastal living at its finest.
Property details
- Type
- Condominium
- Year built
- 1992
- Interior
- 1,424 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 447
- Total association fees
- $21,200/yr (~$1,767/mo)
- CDD
- None
- Est. taxes (1.4%)
- $12,599/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- 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 9 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 |
|---|---|---|---|---|---|
| 990 Cape Marco Drive 1102 | Feb 2026 | $935,000 | 2/2 | 1,425 | $656 |
| 880 Huron Court 101 | Mar 2026 | $1,028,125 | 2/2 | 1,502 | $685 |
| 1141 S Collier Boulevard 307 | Mar 2026 | $725,000 | 3/2 | 1,368 | $530 |
| 880 Huron Court 403 | Mar 2026 | $955,000 | 2/2 | 1,502 | $636 |
| 880 Huron Court 107 | Jan 2026 | $1,050,000 | 2/2 | 1,502 | $699 |
| 900 Panama Court 4 | Dec 2025 | $818,000 | 2/2 | 1,360 | $601 |
| Average | 6 comps | $918,521 | $635 |
Market trends, Merida
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $275,000 (23.9%) from the original list price.
| Jun 10, 2026 | Sold | $875,000 |
| May 5, 2026 | Back on market | |
| Apr 14, 2026 | Price reducedfrom $975,000 | $899,900 |
| Feb 7, 2025 | Listed | $1,150,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1992 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$21,200/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.