$2,000,000
3 Bed 2.5 Bath Waterfront Condominium for Sale in MONTERREY AT CAPE MARCO, FL
980 Cape Marco Drive 1705, Marco Island, FL, 34145
About this home
One or more photo(s) has been virtually staged. Perched high on the 17th floor of the Monterrey at Cape Marco, this 2,100-square-foot Gulf-front residence is a masterclass in elevated coastal living. Completely reimagined with no expense spared, this 3-bedroom, 2.5-bath condo, with the rare 2 covered parking spaces delivers expansive Gulf views paired with uncompromising, high-end design. The chef’s kitchen is nothing short of exceptional, featuring a Sub-Zero refrigerator, Monogram cooktop, and two Monogram wall ovens, including a 5-in-1 oven with microwave and air-fryer functionality. The kitchen is fully outfitted for serious entertaining with a Miele dishwasher plus an additional dishwasher drawer, blending luxury with everyday convenience. A beautifully designed bar area adds another layer of sophistication and includes a Sub-Zero beverage refrigerator, and separate wine refrigerator making hosting effortless and elegant. Every finish, fixture, and detail throughout the home reflects intentional luxury and timeless style. Expansive living spaces flow seamlessly toward breathtaking Gulf views, creating an atmosphere that is refined, inviting, and undeniably impressive. Class is written into every square inch of this Cape Marco showpiece. Residences of this caliber, elevation, and location are rare—this is Marco Island Gulf-front living at its absolute finest. **PLEASE ENJOY THE 3D INTERACTIVE VIRTUAL TOUR ASSOCIATED WITH THIS LISTING**
Property details
- Type
- Condominium
- Year built
- 1996
- Interior
- 2,112 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 2 car
- Days on market
- 42
- Total association fees
- $24,984/yr (~$2,082/mo)
- CDD
- None
- Est. taxes (1.4%)
- $28,000/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- 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 4 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 |
|---|---|---|---|---|---|
| 980 Cape Marco Drive 1304 | May 2026 | $2,300,000 | 3/2 | 2,112 | $1,089 |
| 750 Orchid Court | Sep 2025 | $2,000,000 | 3/2 | 2,250 | $889 |
| 740 Partridge Court | Feb 2026 | $2,125,000 | 3/3 | 2,003 | $1,061 |
| 1241 Mimosa Court | Apr 2026 | $1,821,000 | 3/2 | 2,203 | $827 |
| Average | 4 comps | $2,061,500 | $967 |
Market trends — Marco Island
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 $250,000 (11.4%) from the original list price.
| Mar 23, 2026 | Sold | $1,950,000 |
| Mar 9, 2026 | Price reducedfrom $2,100,000 | $2,000,000 |
| Jan 30, 2026 | Listed | $2,200,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1996 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$24,984/yr)
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
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MLS# 226002514980 Cape Marco Drive 508, Marco Island, FL, 34145
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MLS# 226012723840 S Collier Boulevard 904, Marco Island, FL, 34145
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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.