$1,850,000
3 Bed Waterfront Home for Sale in Marco Island
980 Cape Marco Drive 508, Marco Island, FL, 34145
About this home
Southwest exposure and amazing Gulf views. Expansive terrace for outside living and entertaining. Light and bright end unit. Spacious three-bedroom, three-full bath functional layout. Soaring 9-foot ceilings with full-height glass to maximize wonderful water views. Beautifully furnished in a neutral color palette with beachy accents and plantation shutters. Living and dining areas blend effortlessly onto the balcony, ideal for alfresco hosting. A comfortable family room adjacent to the well-equipped kitchen provides additional space for casual gatherings, movies or game night. Luxurious updated primary suite affords water views and balcony access. The renovated primary bath area features high-quality materials, dual vanities, spa-like shower and large wardrobe closet with custom built-ins. Two privately located guest bedrooms afford ample space for your visiting family and friends. Residence has been meticulously maintained. Full storm shutter protection. Superb building amenities include clubroom, bar, fitness center, full catering kitchen, pool, extra storage, active social program, convenient beach access and more. In prestigious Cape Marco, a private gated beachfront community offering community clubhouse, additional fitness center, saunas, Har Tru tennis courts, pickleball courts under construction, fishing boardwalk, paver sidewalks along the Gulf and beach. A special lifestyle awaits!
Property details
- Type
- Condominium
- Year built
- 1996
- Interior
- 2,451 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 205
- Total association fees
- $24,984/yr (~$2,082/mo)
- CDD
- None
- Est. taxes (1.4%)
- $25,900/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- 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
- 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 3 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 1408 | Apr 2026 | $1,813,000 | 3/3 | 2,451 | $740 |
| 930 Cape Marco Drive 1204 | Dec 2025 | $1,875,000 | 3/3 | 2,340 | $801 |
| 870 S Collier Boulevard 104 | Dec 2025 | $1,700,000 | 3/3 | 2,340 | $726 |
| Average | 3 comps | $1,796,000 | $756 |
Market trends, Monterrey At Cape Marco
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $45,000 (2.4%) from the original list price.
| Apr 3, 2026 | Price reducedfrom $1,895,000 | $1,850,000 |
| Jan 21, 2026 | Listed | $1,895,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- 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.
Similar homes nearby
$1,550,000
MLS# 226015995520 S Collier Boulevard 504, Marco Island, FL, 34145
$2,199,000
MLS# 225059066970 Cape Marco Drive 402, Marco Island, FL, 34145
$1,625,000
MLS# 226006384980 Cape Marco Drive 1102, Marco Island, FL, 34145
$1,849,900
MLS# 226011988980 Cape Marco Drive 706, Marco Island, FL, 34145
$1,925,000
MLS# 226029435840 S Collier Boulevard 1703, Marco Island, FL, 34145
$1,895,000
MLS# 226010665780 S Collier Boulevard 703, Marco Island, FL, 34145
Similar communities
Matched by amenities, price tier, and location to Monterrey At Cape Marco.
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.