NOT LISTED FOR SALE

Cape Marco Merida Condo 990 Cape Marco Dr Unit 203 Marco Island, FL 34145

Estimated Value: $1,118,720 - $1,221,000

3 Beds
2 Baths
1,428 Sq Ft
1992 Built

Last Sold April 05, 2021

Last sale price $760,000 $532 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,060/month

58 Days on Market

Highlights

  • Beach Access
  • Fishing Pier
  • Fitness Center
  • Tommie Barfield Elementary School Rated A
  • Access to a Dock
  • Gated with Attendant

About This Home

As of April 2021

Prestigious Cape Marco community with fantastic southern views of the Caxambas Pass, 10 thousand islands, Gulf of Mexico and the private pool.A gated community with a private access the Marco island beach, fishing pier, club house, tennis courts, fitness room and social rooms.The unit is turnkey furnished and ready to move in.

Last Agent to Sell the Property

David Flowers

Premier Sotheby's International Realty License #656717 Listed on: 12/28/2020

Premier Sotheby's International Realty

Last Buyer's Agent

Lisa Gandy

Keller Williams Marco Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,838

Year Built

  • Built in 1992

Lot Details

  • South Facing Home
  • Landscaped

Parking

  • Tuck Under Parking

Property Views

Home Design

  • Turnkey
  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,428 Sq Ft Home
  • Wet Bar
  • Sliding Windows
  • Combination Dining and Living Room
  • Pest Guard System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Access to a Dock

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 60130000185

Community Details

Overview

  • No Home Owners Association
  • Application Fee Required
  • $1,000 Maintenance Fee
  • Association fees include cable TV, ground maintenance, pest control, security, trash, water, sewer
  • 12 Units
  • Mid-Rise Condominium
  • Merida Community
  • Merida A Condo Subdivision
  • Park Phone (239) 642-8872
  • Property managed by Spinnaker Cay
  • Car Wash Area
  • 12-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Clubhouse
  • Bike Room

Recreation

  • Fishing Pier
  • Recreation Facilities
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction: one pet, max weight 25 lbs.

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,838

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Merida A Condo
  • Building Name: MERIDA
  • Year Built: 1992
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Gulf
  • Location Tax and Legal:Parcel Number: 60130000185
  • Location Tax and Legal:Tax Annual Amount: 5838.0
  • Location Tax and Legal:Tax Year: 2020
  • General Property Information:Condominium Name: MERIDA
  • General Property Information:Stories Total: 12
  • General Property Information:Unit Floor: 2
  • General Property Information:Furnished: Turnkey
  • General Property Information:AC SqFt: 1428.0
  • General Property Information:Rear Exposure: South
  • General Property Information:Community Pool: Yes
  • General Property Information:HOA YN: No
  • General Property Information:Application Fee: 100.0
  • General Property Information:Maintenance Fee Per Month: 1000.0
  • Contract Information:Management Firm: Spinnaker Cay
  • Contract Information:Manager Phone: 239-642-8872
  • General Information Details:Number Of Units Total: 12
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Approval:Application Fee3: Yes
  • Cooling:Central Air: Yes
  • Floor:Tile: Yes
  • Maintenance Includes:Cable TV: Yes
  • Maintenance Includes:Landscaping: Yes
  • Maintenance Includes:Management: Yes
  • Maintenance Includes:Trash: Yes
  • Pets Allowed:With Approval: Yes
  • Pets Allowed:Pet Restrictions2: one pet, max weight 25 lbs.
  • Dining Area:Dining-Living Room: Yes
  • Security Features:Elevator2: Yes
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Separate Tub Shower: Yes
  • View:Bay: Yes
  • View:Gulf: Yes
  • View:Long Water: Yes
  • Floor:Carpet: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer: Yes
  • Maintenance Includes:Water: Yes
  • Security Features:Gated with Guard: Yes
  • Maintenance Includes:Security: Yes
  • View:Inland: Yes
  • Maintenance Includes:Recreation Facilities: Yes
  • Unit Design:Mid Rise: Yes
  • Security Features:Fob Entry: Yes
  • Special Features: VirtualTour
  • Stories: 12

Interior Features

  • Furnished: Turnkey
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Wet Bar, Double Vanity
  • Living Area: 1428.0
  • Stories: 12
  • Window Features: Sliding
  • Appliances Dishwasher: Yes
  • Appliances:Range3: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • View: Bay, Gulf, Inland, Long Water
  • Waterfront Features: Access Private Dock, Beach Access
  • Waterfront: Yes
  • Construction Type: Brick, Concrete Block Structure
  • Exterior Features: Tennis Court(s)
  • Construction Materials:Concrete Block Structure: Yes
  • Window and Door Features:Sliding: Yes
  • Waterfront Features:Access Private Dock: Yes
  • Waterfront Features:Beach Access: Yes
  • Exterior Features:Tennis Court(s)2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Under Building Open
  • Parking Features:Under Building Open: Yes

Utilities

  • Security: Gated with Guard, Fob Entry, Elevator
  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Bike Path, Bike Storage, Car Wash Area, Clubhouse, Fishing Pier, Fitness Center, Jogging Path, Pool, Sauna, Tennis Court(s), Trash Chute
  • Association: No
  • Pets Allowed: With Approval

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Bike Path: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Tennis Court(s): Yes
  • Association Amenities:Sauna: Yes
  • Association Amenities:Fishing Pier: Yes
  • Association Amenities:Bike Storage: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Amenities:Trash Chute: Yes

Fee Information

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

Lot Info

  • Parcel #: 60130000185

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 5838.0
  • Tax Book Number: 3714
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Garcia Ricky Lee and Garcia Rhonda Gail
Bought by
R & R Merida Llc
Current Estimated Value
$1,170,680

Purchase Details

Listed on
Dec 28, 2020
Closed on
Apr 5, 2021
Sold by
Rankens Larry D and Rankens Katherine R
Bought by
Garcia Ricky Lee and Garcia Rhonda Gail
Seller's Agent
David Flowers
Premier Sotheby's International Realty
Buyer's Agent
Lisa Gandy
Keller Williams Marco Realty
List Price
$779,000
Sold Price
$760,000
Premium/Discount to List
-$19,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$532,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
Gilman Jeffery P
Bought by
Rankens Larry D and Rankens Katherine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2004
Sold by
Zahn Gary E and Zahn Dorelle L
Bought by
Gilman Jeffery P
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
R & R Merida Llc -- None Listed On Document
Garcia Ricky Lee $760,000 Title Services Llc
Rankens Larry D $875,000 --
Gilman Jeffery P $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Ricky Lee $532,000
Previous Owner Rankens Larry D $688,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $760,000 -2.4% $532 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $779,000 -- $546 / Sq Ft
Source: Marco Island Area Association of REALTORS®

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
2024 $8,755 $991,901 -- --
2023 $8,755 $901,728 $0 $0
2022 $8,312 $819,753 $0 $819,753
2021 $6,123 $565,880 $0 $565,880
2020 $6,019 $559,300 $0 $559,300
2019 $5,989 $546,140 $0 $546,140
2018 $6,004 $546,140 $0 $546,140
2017 $5,787 $519,820 $0 $519,820
2016 $5,567 $493,500 $0 $0
2015 $5,342 $460,600 $0 $0
2014 -- $421,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2202939

APN: 60130000185