$1,650,000
3 Bed 2 Bath Waterfront Condominium for Sale in MONTERREY AT CAPE MARCO, FL
980 Cape Marco Drive 1702, Marco Island, FL, 34145
About this home
Experience elevated coastal living from the 17th floor of Monterrey at Cape Marco in this fully renovated residence, where breathtaking southwest-facing panoramic views stretch across the Gulf and the Ten Thousand Islands. This beautifully updated 3-bedroom, 2-bath residence offers an expansive terrace, perfect for relaxing and taking in the wide-open water vistas. Completely updated in January 2025, the residence showcases a thoughtfully redesigned interior with all-new flooring throughout, featuring tile in the main living areas and carpeting in the bedrooms. The fully reconfigured kitchen is a standout, offering custom cabinetry, elegant quartz countertops, a redesigned island, and a suite of premium Bosch appliances. Seamlessly open to the spacious great room, it’s designed for both everyday comfort and effortless entertaining. The primary suite serves as a private retreat with direct terrace access and panoramic water views, complemented by a beautifully renovated, spa-inspired bath with quartz finishes and custom details. Two additional guest bedrooms provide comfortable accommodations for family and visitors. Extensive upgrades continue throughout, including fully remodeled bathrooms, a redesigned laundry room with new washer and dryer, quartz finishes, new tile flooring, and a new hot water tank, along with all-new furnishings throughout the residence. The outdoor living space has also been enhanced with all-new lanai furnishings (2024), creating a comfortable and inviting extension of the home. Residents of Monterrey enjoy a full suite of amenities including a grand lobby, social and club rooms, fitness center, Gulf-front pool, and direct beach access. Located within the prestigious gated community of Cape Marco, residents also benefit from a clubhouse, six Har-Tru tennis courts, a fishing boardwalk, and beautifully maintained walking paths. A rare opportunity to own a fully transformed, turnkey residence with sweeping Gulf and island views—offering the very best of the Marco Island lifestyle.
Property details
- Type
- Condominium
- Year built
- 1996
- Interior
- 1,820 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 15
- Total association fees
- $24,984/yr (~$2,082/mo)
- CDD
- None
- Est. taxes (1.4%)
- $23,100/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors, Shutters
- 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 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 602 | Jan 2026 | $1,295,000 | 2/2 | 1,820 | $712 |
| 990 Cape Marco Drive 201 | May 2026 | $1,300,000 | 3/3 | 1,756 | $740 |
| 990 Cape Marco Drive 1101 | Apr 2026 | $1,590,000 | 3/3 | 1,756 | $905 |
| 1111 Abbeville Court | May 2026 | $1,850,000 | 4/2 | 1,901 | $973 |
| Average | 4 comps | $1,508,750 | $833 |
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 $99,000 (5.8%) from the original list price.
| Apr 23, 2026 | Sold | $1,600,000 |
| Apr 13, 2026 | Price reducedfrom $1,699,000 | $1,650,000 |
| Mar 30, 2026 | Listed | $1,699,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors, Shutters
- 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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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.