$1,625,000
3 Bed Waterfront Home for Sale in Marco Island
980 Cape Marco Drive 1102, Marco Island, FL, 34145
About this home
Experience elevated coastal living in Monterrey at Cape Marco with this beautifully renovated residence at the prestigious southern tip of Marco Island, where breathtaking panoramic water views span the Gulf and the Ten Thousand Islands. This TRUE three-bedroom, 2-bath home—rarely available in this community—offers sweeping vistas from both front and rear balconies and an expansive main terrace ideal for outdoor living and dining. A semi-private elevator opens to double doors and into a spacious great room with 9-foot ceilings and full-height glass designed to maximize the stunning coastal views. The split-bedroom floor plan places two guest suites privately at the rear—each with remodeled closets for enhanced storage—while the primary suite offers private balcony access, warm morning sunlight, and a spa-inspired bath with a soaking tub, walk-in shower, dual vanities, and a generous walk-in closet. The open kitchen is appointed with white modern cabinetry, granite countertops, a coffee bar, and a bright breakfast area overlooking the water. Additional updates include remodeled bathrooms, upgraded laundry area, and quality finishes throughout. Residents of Monterrey enjoy exceptional security with a 24-hour manned gate, secured building entry, and protected parking, plus resort-style amenities such as a Gulfside pool, fitness center, social room with bar, direct beach access, additional storage, and an active social calendar. Located within the private gated community of Cape Marco, enjoy community clubhouse facilities, six Har-Tru tennis courts, saunas, a fishing boardwalk, and scenic paver sidewalks. A rare opportunity to own an exceptional coastal retreat offering seamless indoor-outdoor living and the very best of 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
- 119
- Total association fees
- $24,984/yr (~$2,082/mo)
- CDD
- None
- Est. taxes (1.4%)
- $22,750/yr
- Flood zone (area est.)
- Not available
- 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
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 1702 | Apr 2026 | $1,600,000 | 3/2 | 1,820 | $879 |
| 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 | 3 comps | $1,680,000 | $919 |
Market trends, Monterrey At Cape Marco
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $75,000 (4.4%) from the original list price.
| May 29, 2026 | Price reducedfrom $1,650,000 | $1,625,000 |
| Feb 16, 2026 | Listed | $1,700,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- 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.