3 Bed 2.5 Bath Waterfront Condominium for Sale in MONTERREY AT CAPE MARCO, FL
1 / 32
▶ View Virtual Tour
SoldMLS# 225073220

$2,395,000

3 Bed 2.5 Bath Waterfront Condominium for Sale in MONTERREY AT CAPE MARCO, FL

980 Cape Marco Drive 1304, Marco Island, FL, 34145

3 beds2.5 baths2,112 sqft2 garage
GatedTennisBeach AccessFitness CenterClubhouseCommunity PoolBoatingWaterfront

About this home

Exquisite and refined, this residence at Cape Marco epitomizes sophisticated coastal living. Featuring 3 bedrooms and 2.5 baths, the condominium was fully reimagined in 2023 by Driftwood Build. Renowned for transforming properties from the ground up with elevated details, bespoke lighting, and master craftsmanship, they have created a home that impresses even the most selective buyer. Italian porcelain flooring, a custom-crafted cypress ceiling, artisanal beaded fixtures, a full wet bar, and premium Wolf and Subzero appliances set the stage. A built-in Miele coffee system makes mornings effortless and evenings indulgent with an espresso martini at hand. The baths showcase marble showers, designer plumbing, and every major mechanical component—electrical, ductwork, HVAC, washer/dryer, and water heater—has been recently updated. Designed with intentional luxury by a professional interior stylist, the home includes integrated speakers, advanced lighting controls, a distinctive speakeasy room, and a lanai with an outdoor kitchen and wet bar. Added conveniences include a private storage unit and two deeded garage parking spaces. Positioned in the desirable 04 stack, the residence affords maximum privacy and sweeping, unobstructed views of the Gulf—an offering of true distinction.

Property details

Type
Condominium
Year built
1996
Interior
2,112 sqft
Lot size
Not specified
Acreage
Not specified
Garage
2 car
Days on market
144
Total association fees
$24,764/yr (~$2,064/mo)
CDD
None
Est. taxes (1.4%)
$33,530/yr
Flood zone (area est.)
Not available
Storm protection
Shutters
Exposure
Southwest
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
Yes
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

AssociationManagementCableTvInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

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

Amenities

BeachRightsBeachAccessBikeStorageClubhouseFitnessCenterLibraryPoolSpaHotTubStorageSidewalksTennisCourtsVehicleWashAreaManagement
Above marketThis home is priced above comparable recent sales.
This home
$1,134/sqft
Comp median
$923/sqft
Difference
+23%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.

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
980 Cape Marco Drive 1705Mar 2026$1,950,0003/22,112$923
850 S Collier Boulevard 802Apr 2026$2,399,0003/22,171$1,105
750 Orchid CourtSep 2025$2,000,0003/22,250$889
740 Partridge CourtFeb 2026$2,125,0003/32,003$1,061
1241 Mimosa CourtApr 2026$1,821,0003/22,203$827
Average5 comps$2,059,000$961

Market trends — Marco Island

Median list
$945,000
Median $/sqft
$688
Median sold (90d)
$950,000
Avg days on market
112
Active listings
399
Median sold price · Marco Island
$942,500last 3 months21.5% vs $1,200,000 prior 3 months
Median closed price by month · Marco Island
27% MoM42% YoY
$725k$1.1M$1.4MJul ’25Jul ’26
$725,000Jul ’26 · 41 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $195,000 (7.8%) from the original list price.

May 11, 2026Sold$2,300,000
Feb 13, 2026Price reducedfrom $2,495,000$2,395,000
Oct 6, 2025Listed$2,495,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Shutters
  • 2-car garage
Consider
  • Built 1996 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$24,764/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.

Loading map…

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.