$1,400,000
SOLD AUG 7, 2024

Monterrey at Cape Marco 980 Cape Marco Dr Unit 1703 Marco Island, FL 34145

3 Beds
2 Baths
1,978 Sq Ft
$2,320/mo HOA Fee

Recently Sold

$708 Per Sq Ft

6% Below List Price

154 Days on Market

Highlights

  • Beach Front
  • Boat Ramp
  • Gated with Attendant
  • Tommie Barfield Elementary School Rated A
  • Fitness Center
  • Gulf View

About This Home

As of August 2024

IMMACULATE UNIT features over $400,000 in top-to-bottom remodel with full designer furnishings included. 17th Floor, Tower II unit with UNOBSTRUCTED views of the gulf, 10,000 islands, and the lights of Marco at night. Windows feature electric shutters on exterior and plantation shutters on interior. New AC, and appliances. True turn-key furnished unit with everything included as shown.

Last Agent to Sell the Property

Darrin Palumbo

Sun Realty License #267510069 Listed on: 03/05/2024

Sun Realty

Last Buyer's Agent

Claudia DeJesus

Palm Paradise Realty Group License #258032858

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,671

Year Built

  • Built in 1996

Lot Details

  • Property fronts a private road
  • North Facing Home

HOA Fees

  • $2,320 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 17th floor
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1,978 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Electric Shutters
  • Single Hung Windows
  • Sliding Windows
  • French Doors
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Indoor Grill
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Laundry Tub

Outdoor Features

  • Rip-Rap
  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1703
  • Assessor Parcel Number 60581202309

Community Details

Overview

  • Association fees include management, cable TV, insurance, ground maintenance, pest control, security, trash, water
  • 136 Units
  • Association Phone (239) 642-6809
  • High-Rise Condominium
  • Monterrey At Cape Marco Subdivision
  • Car Wash Area
  • 20-Story Property

Amenities

  • Community Library
  • Secure Lobby
  • Bike Room

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant
  • Card or Code Access
  • Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,671

Year Built

Built in 1996

Lot Details

0

HOA Fees

$2,320 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: MONTERREY AT CAPE MARCO
  • Architectural Style: Contemporary, High Rise
  • Carport Y N: No
  • Entry Level: 17
  • Garage Yn: Yes
  • Structure Type: High Rise
  • Year Built: 1996
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Indoor Grill, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Breakfast Bar, Bathtub, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), Living/Dining Room, Pantry, Separate Shower, Cable TV, Walk-In Closet(s), Elevator, High Speed Internet, Split Bedrooms
  • Living Area: 1978.0
  • Stories: 20
  • Window Features: Single Hung, Sliding, Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Other
  • Pool Private: No
  • View: Gulf, Landscaped, Water
  • View: Yes
  • Waterfront Features: Beach Front, Gulf, Navigable Water, Riprap, Seawall
  • Waterfront: Yes
  • Disclosures: Familial Relation, RV Restriction(s), Seller Disclosure, Special Assessment
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Security/High Impact Doors, Shutters Electric, Shutters Manual, Tennis Court(s)
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Covered, Underground, Garage, One Space

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security Gate, Gated with Guard, Gated Community, Key Card Entry, Lobby Secured
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Beach Rights, Boat Dock, Boat Ramp, Bike Storage, Clubhouse, Fitness Center, Library, Pier, Sidewalks, Tennis Court(s), Trash, Vehicle Wash Area
  • Phone: 239-642-6809
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 2320.0

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Grounds, Pest Control, Security, Trash, Water

Lot Info

  • Parcel #: 60581202309
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 136

Tax Info

  • Tax Annual Amount: 10671.28
  • Tax Lot: 1703
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Aug 1, 2024
Sold by
Benanti Salvatore C
Bought by
Eselgroth Thomas G
Seller's Agent
Darrin Palumbo
Sun Realty
Buyer's Agent
Claudia DeJesus
Palm Paradise Realty Group
List Price
$1,489,000
Sold Price
$1,400,000
Premium/Discount to List
-$89,000
-5.98%
Views
46
Current Estimated Value
$1,358,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,889
Avg. Annual Appreciation
-2.70%

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 20, 2021
Sold by
Grossman Alan and Grossman Alan Amended
Bought by
Benanti Salvatore C and Benanti Janet
Seller's Agent
Judith Kenney
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY
Buyer's Agent
Darrin Palumbo
IBR-Independent Brokers Realty
List Price
$979,000
Sold Price
$945,000
Premium/Discount to List
-$34,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Apr 28, 2010
Sold by
Grossman Alan and Grossman Judith
Bought by
Grossman Alan

Purchase Details

Closed on
Apr 14, 2003
Sold by
Henderson Don E and Henderson Carolyn A
Bought by
Grossman Alan L and Grossman Judith H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.6%

Purchase Details

Closed on
Aug 21, 1998
Sold by
Point Marco Dev Corp
Bought by
Henderson Don E and Henderson Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,400,000 Paradise Coast Title & Escrow
Warranty Deed $945,000 Island Title
Interfamily Deed Transfer -- None Available
Warranty Deed $750,000 --
Warranty Deed $437,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Commercial
Previous Owner $460,000 No Value Available
Previous Owner $634,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $1,400,000 -6.0% $708 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $1,489,000 0.0% $753 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
05/27/2024 05/27/24 Price Changed $1,489,000 -0.6% $753 / Sq Ft
05/10/2024 05/10/24 Price Changed $1,498,000 -3.3% $757 / Sq Ft
05/04/2024 05/04/24 Price Changed $1,549,000 -3.1% $783 / Sq Ft
05/03/2024 05/03/24 Price Changed $1,599,000 -3.0% $808 / Sq Ft
04/18/2024 04/18/24 Price Changed $1,649,000 -7.9% $834 / Sq Ft
03/26/2024 03/26/24 Price Changed $1,790,000 -5.3% $905 / Sq Ft
03/21/2024 03/21/24 Price Changed $1,890,000 -5.0% $956 / Sq Ft
03/05/2024 03/05/24 For Sale $1,990,000 +110.6% $1,006 / Sq Ft
01/22/2021 01/22/21 Sold $945,000 -3.5% $478 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $979,000 -- $495 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,414 $1,317,800 -- $1,317,800
2024 $10,671 $1,184,364 -- --
2023 $10,671 $1,174,140 $0 $0
2022 $11,164 $1,139,942 $0 $1,139,942
2021 $6,801 $667,219 $0 $0
2020 $6,669 $658,007 $0 $0
2019 $6,632 $643,213 $0 $0
2018 $6,516 $631,220 $0 $0
2017 $6,454 $618,237 $0 $0
2016 $6,398 $605,521 $0 $0
2015 $6,531 $601,312 $0 $0
2014 $6,553 $546,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Darrin Palumbo

    Sun Realty

    Section Image

  • C

    Buyer's Agent in 2024

    Claudia DeJesus

    Palm Paradise Realty Group

    (716) 553-8552

    8 in this area

    95 Total Sales

    Claudia DeJesus
    Section Image
  • Judith Kenney

    Seller's Agent in 2021

    Judith Kenney

    BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY

    (239) 860-3141

    19 in this area

    22 Total Sales

    Judith Kenney
    Section Image
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About Monterrey at Cape Marco

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224021764

Florida Gulf Coast Multiple Listing Service

APN: 60581202309

Florida Collier County Marco Island 34145

980 Cape Marco Dr Unit 1703, Marco Island, FL

This home is located at 980 Cape Marco Dr Unit 1703, Marco Island, FL 34145 and is currently priced at $1,400,000, approximately $707 per square foot. This property was built in 1996. 980 Cape Marco Dr Unit 1703 is a home located in Collier County with nearby schools including Tommie Barfield Elementary School, Manatee Middle School, and Lely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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