$1,249,000
2 Bed Waterfront Home for Sale in Merida
990 Cape Marco Drive 503, Marco Island, FL, 34145
About this home
Welcome to this updated Merida unit in prestigious Cape Marco with the most amazing water views. Spacious open floor plan with living, dining kitchen and bedrooms completely remodeled,. New flooring, cabinetry, quartz countertop, appliances and exquisite furnishings and decor throughout. Tropical heated pool, private access to beach walkway, fishing pier, Har-Tru tennis courts and well equipped fitness center and clubhouse. Guard gated entry, pet friendly, Southend of the island and within walking distance to dining, shopping and entertainment. Come sit on the spacious open balcony and watch the boating activity and dolphins playing.
Property details
- Type
- Condominium
- Year built
- 1992
- Interior
- 1,316 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 36
- Total association fees
- $21,200/yr (~$1,767/mo)
- CDD
- None
- Est. taxes (1.4%)
- $17,486/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- 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
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
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 604 | Mar 2026 | $1,370,000 | 3/2 | 1,510 | $907 |
| 890 S Collier Boulevard 1706 | Jun 2026 | $1,025,000 | 2/2 | 1,136 | $902 |
| 890 S Collier Boulevard 1406 | Jul 2026 | $1,000,000 | 2/2 | 1,136 | $880 |
| 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 |
| Average | 6 comps | $1,071,354 | $785 |
Market trends, Merida
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
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
- In a higher-risk flood zone (AE) — flood insurance likely required
- 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.