980 Cape Marco DR, Marco Island, FL, 34145 | $1,325,000

Experience unparalleled private coastal living in this breathtaking 14th-floor condo within the prestigious Monterrey building at Cape Marco, nestled on the coveted south end of Marco Island.
Your privacy and security is paramount as the Cape Marco complex includes a 24 hour security guard at the gate and Monterrey features fob-entry secured lobbies with semi private elevators serving only two units per floor. Secure garage parking under the building provides convenient access to your unit above.
This exceptional 3-bedroom, 2-bathroom residence offers sweeping views of the Gulf, providing a tranquil backdrop for your Island life. The expansive living room, designed for both relaxation and entertaining flows onto the open balcony inviting ocean breezes and the sound of gentle waves lapping at the shore. The stylish kitchen featuring a breakfast bar, gleaming stainless steel appliances, and pristine white cabinetry includes a full breakfast room with the same tranquil view of the vast water below.
The serene main bedroom suite serves as a luxurious retreat, offering a spacious walk-in closet, dual sinks, deep soaking tub and separate shower. Recent upgrades include a new water heater (2023) and a new AC system (2020). Full size laundry room with sink and extra storage space provide convenience at your fingertips. Hurricane impact windows throughout, plus metal accordion shutters on the balcony guard your sanctuary from inclement weather.
The Monterrey's 4, 600 square foot Social Facility is beautifully designed with a country club atmosphere. Come in and browse through the many books in the library and relax while taking in the panoramic views of Caxambas Pass and Kice Island. The 1, 400 square foot fitness facility features spectacular views of the Monterrey pool deck and Gulf of Mexico. You will find the facility equipped with the latest True and Octane cardio equipment all with private LCD TV monitors. Top-of-the-line Cybex strength equipment, and ample space for free weights, stretching and floor exercises. The fishing dock and two private beach accesses offer space to enjoy nature and the Marco lifestyle to the fullest.
As a resident of Cape Marco, you will also enjoy six impeccably maintained Har-Tru tennis courts and the exquisite clubhouse with its spacious open lobby used for lounging, entertainment or private gatherings, a meeting/card room, two fitness rooms, private saunas and a kitchen sized appropriately for catering.
Don't miss your chance to own a slice of paradise in one of Marco Island's most sought-after addresses.

Features

  • Building Design: High Rise (8+)
  • Parking: 1 Assigned,Covered,Guest,Under Bldg Closed
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: Beach - Private,Beach Access,Bike And Jog Path,Bike Storage,Business Center,Clubhouse,Community Pool,Community Room,Exercise Room,Extra Storage,Fishing Pier,Internet Access,Library,Pickleball,Sauna,Sidewalk,Tennis Court,Trash Chute
  • Rooms: 2
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: MONTERREY AT CAPE MARCO
  • Development: CAPE MARCO
  • Year Built: 1996
  • Approx Sq. Feet: 1,820
  • Est. Taxes: $9,811
  • Condo Fee: $6,864 Quarterly
  • Lot Desc: Regular
  • View: Gulf,Pool/Club,Water
  • Community Type: Gated,Tennis
  • Water Front: Yes
  • Elem. School: TOMMIE BARFIELD ELEMENTARY
  • Middle School: MANATEE MIDDLE
  • High School: LELY HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 224067169
  • Website: https://www.raveis.com
    /prop/224067169/980capemarcodr_marcoisland_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Keller Williams Marco Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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980 Cape Marco DR, Marco Island, FL, 34145

$1,325,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,060,000 $1,060,000 $1,060,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $818 $818 $818
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,875 $6,787 $9,307
Total Monthly Payment $7,818 $7,730 $10,250

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.