2 Bed Waterfront Home for Sale in Merida
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SoldMLS# 225010003

$899,900

2 Bed Waterfront Home for Sale in Merida

990 Cape Marco Drive 1003, Marco Island, FL, 34145

2 beds2 baths1,424 sqft1 garage
GatedTennisFitness CenterClubhouseCommunity PoolBoatingWaterfront

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

AssociationManagementCableTvInternetIrrigationWaterMaintenanceGroundsMaintenanceStructureRecreationFacilitiesReserveFundSewerSecurityWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BikeStorageClubhouseFitnessCenterPoolSpaHotTubStorageTennisCourts
At marketThis home is priced in line with comparable recent sales.
This home
$632/sqft
Comp median
$617/sqft
Difference
+2%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
990 Cape Marco Drive 1102Feb 2026$935,0002/21,425$656
880 Huron Court 101Mar 2026$1,028,1252/21,502$685
1141 S Collier Boulevard 307Mar 2026$725,0003/21,368$530
880 Huron Court 403Mar 2026$955,0002/21,502$636
880 Huron Court 107Jan 2026$1,050,0002/21,502$699
900 Panama Court 4Dec 2025$818,0002/21,360$601
Average6 comps$918,521$635

Market trends, Merida

Median list
$1,249,000
Median $/sqft
$949
Median sold (90d)
$535,000
Avg days on market
31
Active listings
3
Median sold price · Merida
$535,000last 3 monthsnot enough sold data to compare

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, 2026Sold$875,000
May 5, 2026Back on market
Apr 14, 2026Price reducedfrom $975,000$899,900
Feb 7, 2025Listed$1,150,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1992 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$21,200/yr)
Location convenienceModerate
Hospital
17.5 mi
NCH Baker Hospital (Naples)
Beach
16.2 mi
Naples Pier / Beach
Airport
17.1 mi
Naples Airport
Shopping
18 mi
Coastland Center (Naples)

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.