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Sold for $1,590,000
  • $1,590,000

    990 Cape Marco Dr Unit 1101, Marco Island, FL 34145

    3beds
    1,756sqft
    Condominium, Residential
    Built in 1992
    -- sqft lot
    $1,580,900 Zestimate®
    $905/sqft
    $4,151 Estimated rent

    Home value

    $1,580,900

    $1.42M - $1.75M

    $4,151/mo

    Zestimate® history
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    What's special

    Direct beach accessOceanfront retreatElevated penthouse positionOpen-concept living spaceSerene viewsIn-residence washer and dryerSpacious primary suite
    Welcome to your slice of paradise at the prestigious Merida at Cape Marco where every day feels like a vacation. This beautifully refreshed penthouse residence offers the privacy everyone wants with no one above you in a distinctive step-down penthouse unit that enhances both space and views. Featuring 3 bedrooms, this oceanfront retreat blends coastal elegance with relaxed island luxury. The spacious primary suite features a king-sized sanctuary with serene views, an en-suite bath with soaking tub and walk-in shower the perfect place to unwind after a day in the sun. The guest bedroom offers a queen bed with plush comfort, while the versatile den serves as an additional sleeping space with a queen sleeper, ideal for hosting family and friends who suddenly decide they need an 'island getaway.' The open-concept living space feels light and airy with refreshed furnishings and effortless flow. The fully equipped kitchen is ready for everything from casual beach-day breakfasts to sunset dinners at home, and the in-residence washer and dryer add everyday convenience. But the true showstopper? The expansive wraparound balcony. This elevated penthouse position allows you to enjoy panoramic views in every direction from the sparkling Gulf of America to the lights of Marco Island giving you a front-row seat to sunrise, sunset, and everything in between. Morning coffee tastes better with salt air, and evening cocktails pair perfectly with painted skies. Residents of Cape Marco enjoy direct beach access along with upscale amenities including a fitness center, tennis courts, and the privacy of a gated community. If you've been dreaming of luxury, privacy, sweeping views, and that unmistakable Marco Island lifestyle where flip-flops count as formalwear and the Gulf is your backyard this is your opportunity. Welcome to penthouse island living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Katherine Dennis 312-437-2887,

    John R. Wood Properties

    Bought with:

    Paul Tateo, 0194442

    Horizons by the Sea, INC

    Source: Marco Multi List,MLS#: 2260487MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 12 x 15
    Bedroom 2
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 11 x 15
    Bedroom 3
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Dining room
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 12 x 14
    Living room
    • Level: Main
    • Area: 273 Square Feet
    • Dimensions: 13 x 21
    Heating
    • Electric, Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Freezer, Microwave, Range, Refrigerator
    • Laundry: Inside, Washer Hookup, Electric Dryer Hookup
    Features
    • Entrance Foyer, Pantry, Walk-In Closet(s), Double Vanity
    • Flooring: Concrete, Tile
    • Doors: Impact Doors
    • Windows: Impact Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 2,378
    • Total interior livable area: 1,756 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Tennis Court(s)
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Bay, Beach, Gulf
    • Has water view: Yes
    • Water view: Bay,Beach,Gulf
    • Waterfront features: Bay Front, Gulf Front, Beach Access
    Details
    • Parcel number: 60130001582

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential
    Materials
    • Concrete
    • Roof: Flat
    Condition
    • Year built: 1992

    Community & HOA

    Community
    • Features: Pool
    • Security: Smoke Detector(s), Phone Entry, Lobby, Gated with Guard, Gated Community, Fire Sprinkler System, Fire Alarm, Elevator, 24 Hour Security
    • Subdivision: Merida A Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Jogging Path, Pier, Pool, Tennis Court(s), Trash Chute
    • Services included: Internet, Cable TV, Electricity, Trash, Water, Sewer
    Location
    • Region: Marco Island

    Financial & listing details

    • Price per square foot: $905/sqft
    • Tax assessed value: $1,463,340
    • Annual tax amount: $12,151
    • Date on market: 3/3/2026
    • Cumulative days on market: 5 days
    • Listing terms: Buyer Obtain Mortgage,Cash

    Price history

    DateEventPrice
    4/6/2026Sold$1,590,000+17.8%$905/sqft
    Source: Marco Multi List #2260487 Report a problem
    3/7/2026Pending sale$1,350,000$769/sqft
    Source: SWFLMLS #226009615 Report a problem
    3/3/2026Listed for sale$1,350,000+229.3%$769/sqft
    Source: SWFLMLS #226009615 Report a problem
    3/19/1997Sold$410,000+2.5%$233/sqft
    Source: Public Record Report a problem
    6/15/1994Sold$400,000$228/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,152 +4.1%$1,226,213 +10%
    2024$11,676 +4.7%$1,114,739 +10%
    2023$11,153 +7.2%$1,013,399 +10%
    2022$10,408 +14.9%$921,272 +10%
    2021$9,062 +1.6%$837,520 +1.1%
    2020$8,919 -1.8%$828,740
    2019$9,087 -0.3%$828,740
    2018$9,110 $828,740 +6.8%
    2017$9,110 +5.5%$775,620 +6%
    2016$8,635 +4.6%$731,720 +5.8%
    2015$8,254 +2.5%$691,812 +10%
    2014$8,050 +9.6%$628,920 +1%
    2013$7,346 -4.3%$622,920 -3%
    2012$7,675 +0.6%$642,260
    2011$7,632 -4.9%$642,260 -1.6%
    2010$8,022 +0.5%$652,625 -7.4%
    2009$7,985 $704,680 -7.4%
    2008$7,985 -10.9%$761,261 -2.8%
    2007$8,966 +8.4%$783,136
    2006$8,273 $783,136 +16.3%
    2005$8,273 +10.2%$673,566 +12.9%
    2004$7,509 +8%$596,374 +11%
    2003$6,951 +11.3%$537,299 +13.4%
    2002$6,245 -43.1%$473,739 +16.7%
    2001$10,968 +121.6%$406,084
    2000$4,949 --
    Find assessor info on the county website

    Neighborhood: 34145

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