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Sold for $4,200,000
  • $4,200,000

    940 Cape Marco Dr Unit 701, Marco Island, FL 34145

    4beds
    4,687sqft
    Condominium, Residential
    Built in 2005
    -- sqft lot
    $4,458,500 Zestimate®
    $896/sqft
    $6,488 Estimated rent

    Home value

    $4,458,500

    $3.97M - $5.04M

    $6,488/mo

    Zestimate® history
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    What's special

    Rarely available SW corner 01 residence. Spectacular views of the Crescent Beach & Gulf of Mexico. Enjoy year round sunsets from the expansive Gulf terrace perfect for outside living & entertaining. Large east terrace for morning sun. Spacious 4 bedroom ,4.5 floor plan. Elegant living abounds, 10' ceilings with floor to ceiling glass to maximize the amazing beach views. Stunning marble floors, fine architectural details, custom built-ins, moldings & trim & floor plan enhancements by renowned builder 41 West. Elegant grand salon with fireplace, casual family room adjacent to chef's kitchen with center prep island, rich cabinetry , high end appliances, gas cooktop, wine cooler & more. Luxurious primary suite with bay window for beach views, sumptuous bath , with private sauna, jetted tub and large shower. 3 privately located guest suites afford ample space for visiting family & friends, Superb amenities include lavish lobby with 24 hour front desk, club rooms, bar, billiards, theater, guest suites, fitness, two pools, BBQ area , spa , active social program , convenient beach access and so much more. Located within prestigious Cape Marco, a private gated beachfront community offering 6 Har Tru tennis courts, club house, fishing boardwalk, lighted paver sidewalks, walking distance to many fine restaurants. A very special Island lifestyle. Seller is taking most furnishings, all artwork and housewares . See inventory for included items 4th bedroom currently being used as a sewing/craft room.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristine Bareis 239-860-8177,

    Premier Sotheby's International Realty

    Bought with:

    Kent Hedrick, 0649044

    Source: Marco Multi List,MLS#: 2230994MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 506 Square Feet
    • Dimensions: 23 x 22
    Bedroom 2
    • Area: 196 Square Feet
    • Dimensions: 14 x 14
    Bedroom 4
    • Area: 182 Square Feet
    • Dimensions: 14 x 13
    Bedroom 4
    • Area: 273 Square Feet
    • Dimensions: 21 x 13
    Family room
    • Area: 285 Square Feet
    • Dimensions: 19 x 15
    Kitchen
    • Area: 272 Square Feet
    • Dimensions: 17 x 16
    Living room
    • Level: Main
    • Area: 576 Square Feet
    • Dimensions: 24 x 24
    Heating
    • Electric, 2 or More Systems, Central
    Cooling
    • Multi Units, Central Air
    Appliances
    • Included: Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Wine Cooler
    • Laundry: Sink
    Features
    • Storage, Elevator, Entrance Foyer, Walk-In Closet(s), Breakfast Bar, Bidet, Double Vanity
    • Flooring: Concrete, Marble
    • Windows: Impact Windows, Shutters, Sliding
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 5,407
    • Total interior livable area: 4,687 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Under Building Close
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony
    • Pool features: Community, Association
    • Spa features: Association
    • Has view: Yes
    • View description: Beach, Gulf
    • Has water view: Yes
    • Water view: Beach,Gulf
    • Waterfront features: Beach Front, Gulf Front, Beach Access
    Lot
    • Features: See Remarks
    Details
    • Parcel number: 79859000389

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: See Remarks
    • Property subtype: Condominium, Residential
    Materials
    • Concrete
    • Roof: Flat,Built-Up
    Condition
    • Year built: 2005

    Community & HOA

    Community
    • Features: Pool
    • Security: Smoke Detector(s), Security Gate, Secured Garage/Parking, Owner Locked Elevator, Gated Community, Fob Entry, Fire Sprinkler System, Fire Alarm
    • Subdivision: Veracruz At Cape Marco A Condo
    HOA
    • Has HOA: No
    • Amenities included: Elevator(s), Barbecue, Business Center, Car Wash Area, Clubhouse, Exercise Room, Fishing Pier, Fitness Center, Guest Suite, Pool, Sauna, Tennis Court(s), Trash Chute, Spa/Hot Tub
    • Services included: Internet, Cable TV, Maintenance Grounds, Pest Control, Trash, Water, Sewer
    Location
    • Region: Marco Island

    Financial & listing details

    • Price per square foot: $896/sqft
    • Tax assessed value: $4,057,385
    • Annual tax amount: $19,988
    • Date on market: 5/5/2023
    • Cumulative days on market: 43 days
    • Listing terms: At Close,Buyer Obtain Mortgage,Cash

    Price history

    DateEventPrice
    8/17/2023Sold$4,200,000-6.6%$896/sqft
    Source: Marco Multi List #2230994 Report a problem
    6/21/2023Pending sale$4,495,000$959/sqft
    Source: SWFLMLS #223031903 Report a problem
    5/5/2023Listed for sale$4,495,000+136.6%$959/sqft
    Source: SWFLMLS #223031903 Report a problem
    10/22/2009Sold$1,900,000-13.4%$405/sqft
    Source: Public Record Report a problem
    5/2/2009Price change$2,195,000-10.4%$468/sqft
    Source: Horizons By The Sea Inc. #209009054 Report a problem
    12/11/2008Listed for sale$2,450,000$523/sqft
    Source: Horizons By The Sea Inc. #209009054 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$36,875 +6.3%$4,057,385 +6.8%
    2024$34,674 +81.6%$3,799,600 +83.5%
    2023$19,096 -4.5%$2,070,586 +3%
    2022$19,989 -3.4%$2,010,278 +3%
    2021$20,699 +2%$1,951,726 +1.4%
    2020$20,303 +0.5%$1,924,779 +2.3%
    2019$20,210 +1.7%$1,881,504 +1.9%
    2018$19,874 $1,846,422 +2.1%
    2017$19,874 +0.9%$1,808,445 +2.1%
    2016$19,705 +0.8%$1,771,249 +0.7%
    2015$19,548 -2.1%$1,758,936 +3.8%
    2014$19,958 +0.7%$1,694,976 +1.5%
    2013$19,827 +0.4%$1,669,188 +1.8%
    2012$19,742 -0.5%$1,640,450 -1.8%
    2011$19,850 -7.2%$1,670,450 -6%
    2010$21,387 +8.5%$1,777,626 -5.4%
    2009$19,708 $1,878,779
    2008$19,708 -7.6%$1,878,779 -2%
    2007$21,317 $1,916,510 +2.9%
    2006-- $1,862,000
    Find assessor info on the county website

    Neighborhood: 34145

    Nearby schools

    GreatSchools rating
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