3 Bed Waterfront Home for Sale in Marco Island
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For SaleMLS# 226019600

$1,350,000

3 Bed Waterfront Home for Sale in Marco Island

980 Cape Marco Drive 1602, Marco Island, FL, 34145

3 beds2 baths1,820 sqft1 garage
PickleballTennisBeach AccessFitness CenterClubhouseCommunity PoolBoatingWaterfront

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

AssociationManagementCableTvInsuranceInternetIrrigationWaterMaintenanceGroundsPestControlReserveFundTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBeachAccessClubhouseFitnessCenterPickleballPoolStorageSidewalksTennisCourts
Above marketThis home is priced above comparable recent sales.
This home
$742/sqft
Comp median
$625/sqft
Difference
+19%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
980 Cape Marco Drive 602Jan 2026$1,295,0002/21,820$712
990 Cape Marco Drive 201May 2026$1,300,0003/31,756$740
1061 S Collier Boulevard 501Feb 2026$1,225,0003/31,975$620
910 Panama Court 402Jul 2026$1,150,0003/21,920$599
1111 Swallow Avenue 1-602Oct 2025$1,165,0003/31,907$611
1111 Swallow Avenue 601Aug 2026$1,200,0003/31,907$629
Average6 comps$1,222,500$652

Market trends, Monterrey At Cape Marco

Median list
$1,737,450
Median $/sqft
$824
Avg days on market
119
Active listings
4
Median sold price · Monterrey At Cape Marco
$1,881,500last 6 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1996 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$24,984/yr)
Location convenienceModerate
Hospital
17.5 mi
NCH Baker Hospital (Naples)
Beach
16.2 mi
Naples Pier / Beach
Airport
17.1 mi
Naples Airport
Shopping
18 mi
Coastland Center (Naples)

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.