$1,350,000
3 Bed Waterfront Home for Sale in Marco Island
980 Cape Marco Drive 1602, Marco Island, FL, 34145
About this home
Spectacular views from one of the most prestigious addresses in Marco Island! This 3 bedroom, 2 bathroom residence offers comfortable, elegant living with breathtaking views of The Ten Thousand Islands. This 1820 square foot condo is significant in size, allowing a spacious floor plan for your vacation retreat, entertainment pleasure, or for full-time living. The expansive gulf view is present through the windows and from the lanai. Meticulously cared for and move-in ready gives ample time for enjoying the best Marco has to offer. The Monterrey building is highly-coveted for its updated common spaces and resort-style amenities. A community room that can accommodate large parties, a state of the art fitness center, tennis and pickleball courts, assigned covered parking, a beautiful pool, and private storage lockers make this property an excellent real estate investment. Cape Marco is within walking distance of premier shopping and dining. The combination of relaxed, elevated, beach living makes this an incredible opportunity for owning a piece of paradise.
Property details
- Type
- Condominium
- Year built
- 1996
- Interior
- 1,820 sqft
- Lot size
- 121,968 sqft
- Acreage
- 2.80 acres
- Garage
- 1 car
- Days on market
- 1
- Total association fees
- $24,984/yr (~$2,082/mo)
- CDD
- None
- Est. taxes (1.4%)
- $18,900/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- 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 6 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 |
| 1061 S Collier Boulevard 501 | Feb 2026 | $1,225,000 | 3/3 | 1,975 | $620 |
| 910 Panama Court 402 | Jul 2026 | $1,150,000 | 3/2 | 1,920 | $599 |
| 1111 Swallow Avenue 1-602 | Oct 2025 | $1,165,000 | 3/3 | 1,907 | $611 |
| 1111 Swallow Avenue 601 | Aug 2026 | $1,200,000 | 3/3 | 1,907 | $629 |
| Average | 6 comps | $1,222,500 | $652 |
Market trends, Monterrey At Cape Marco
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
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.