2 Bed Waterfront Home for Sale in Merida
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SoldMLS# 225082214

$975,000

2 Bed Waterfront Home for Sale in Merida

990 Cape Marco Drive 1102, Marco Island, FL, 34145

2 beds2 baths1,425 sqft1 garage
GatedTennisBeach AccessFitness CenterClubhouseCommunity PoolBoatingWaterfront

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

AssociationManagementCableTvInsuranceInternetIrrigationWaterMaintenanceGroundsPestControlRecreationFacilitiesReserveFundSewerSecurityTrashWater

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

Amenities

BeachRightsBeachAccessBikeStorageClubhouseFitnessCenterLibraryPierPoolSeeRemarksStorageSidewalksTennisCourtsTrashVehicleWashAreaManagement
Above marketThis home is priced above comparable recent sales.
This home
$684/sqft
Comp median
$617/sqft
Difference
+11%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
990 Cape Marco Drive 1003Jun 2026$875,0002/21,424$614
880 Huron Court 101Mar 2026$1,028,1252/21,502$685
880 Huron Court 107Jan 2026$1,050,0002/21,502$699
880 Huron Court 403Mar 2026$955,0002/21,502$636
900 Panama Court 4Dec 2025$818,0002/21,360$601
1100 S Collier Boulevard 1524Dec 2025$800,0002/21,296$617
Average6 comps$921,021$642

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 $40,000 (4.1%) from the original list price.

Feb 25, 2026Sold$935,000
Dec 5, 2025Listed$975,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
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.