$975,000
2 Bed Waterfront Home for Sale in Merida
990 Cape Marco Drive 1102, Marco Island, FL, 34145
About this home
In the prestigious Cape Marco community, this two-bedroom, two-bath condominium offers an exceptional opportunity to experience the distinguished lifestyle of Marco Island. The residence provides sweeping panoramic views of the Gulf and the Ten Thousand Islands. The spacious primary suite features a private bath with double vanities, a separate tub and shower, and a comfortable guest bedroom. A versatile flex space functions as a den, office, additional dining area and includes a built-in Murphy bed. The great room, equipped with a wet bar, seamlessly connects the dining and living areas, facilitating effortless entertainment. Luxury vinyl flooring extends throughout the living areas and bedrooms, enhancing the coastal aesthetic. Further conveniences include in-unit laundry, upgraded hurricane protection with new impact-resistant glass sliders, and comprehensive Miami-Dade storm shutters securing all exterior openings. Positioned on the 11th floor, the residence boasts exclusive higher ceilings visible upon entry, at the elevator, and within the lanai. Cape Marco residents enjoy access to numerous upscale amenities such as private beach access, a state-of-the-art fitness center, six Har-Tru tennis courts, a newly constructed private fishing pier, and a large, heated swimming pool. Residents can indulge in dolphin and bird watching or admire the remarkable vistas of Ten Thousand Islands from their private balcony. This property presents an outstanding opportunity to fully embrace the coastal lifestyle at Cape Marco.
Property details
- Type
- Condominium
- Year built
- 1992
- Interior
- 1,425 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 39
- Total association fees
- $21,200/yr (~$1,767/mo)
- CDD
- None
- Est. taxes (1.4%)
- $13,650/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 7 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 1003 | Jun 2026 | $875,000 | 2/2 | 1,424 | $614 |
| 880 Huron Court 101 | Mar 2026 | $1,028,125 | 2/2 | 1,502 | $685 |
| 880 Huron Court 107 | Jan 2026 | $1,050,000 | 2/2 | 1,502 | $699 |
| 880 Huron Court 403 | Mar 2026 | $955,000 | 2/2 | 1,502 | $636 |
| 900 Panama Court 4 | Dec 2025 | $818,000 | 2/2 | 1,360 | $601 |
| 1100 S Collier Boulevard 1524 | Dec 2025 | $800,000 | 2/2 | 1,296 | $617 |
| Average | 6 comps | $921,021 | $642 |
Market trends, Merida
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $40,000 (4.1%) from the original list price.
| Feb 25, 2026 | Sold | $935,000 |
| Dec 5, 2025 | Listed | $975,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- 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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Matched by amenities, price tier, and location to Merida.
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.