Merida at Cape Marco is a Gulf-front condominium building at 990 Cape Marco Drive within the private, guard-gated Cape Marco community on southern Marco Island. Completed in 1992, Merida contains approximately 90 residences in a 12-story building overlooking the Gulf of Mexico, Caxambas Pass and the surrounding coastal waters.
Merida occupies a distinct position within Cape Marco because its recurring two- and three-bedroom residences are considerably more manageable in size than the large luxury floor plans found in Cozumel, Tampico, Belize and Veracruz. Buyers can therefore obtain the Cape Marco setting, water views and community amenities without requiring a 2,500- to 5,000-square-foot residence.
Address 990 Cape Marco Drive
Completed 1992
Building 12 Stories
Residences Approx. 90 Condos
Bedrooms 2 & 3 Bedrooms
Views Gulf • Pass • Wide Water
Merida valuation sequence: exact floor-plan family → bedroom configuration → end or interior position → floor elevation → Gulf or Caxambas Pass exposure → balcony configuration → parking and storage → storm protection and renovation → association condition → closest same-building comparable sales.
Merida Floor Plans & Residence Sizes
Merida contains several distinct floor-plan categories rather than one standardized residence. Recurring layouts generally range from approximately 1,316 square feet through approximately 1,756 square feet, with rarer upper-floor configurations extending beyond that range.
Approx. 1,316 Sq. Ft. Typically a two-bedroom configuration suited to buyers who want a more manageable Cape Marco residence.
Approx. 1,424–1,428 Sq. Ft. Efficient residences that may appear with different two- or three-bedroom interior configurations.
Approx. 1,510–1,590 Sq. Ft. True three-bedroom opportunities offering additional family and guest capacity.
Approx. 1,756 Sq. Ft. Large Merida end-residence category with wraparound outdoor space and multiple-water-view potential.
Two-Bedroom Merida Condos
Merida's smaller two-bedroom floor plans can appeal to seasonal or lock-and-leave buyers who prioritize location, security, views and Cape Marco amenities over maximum interior square footage.
Interior renovation can substantially change how these residences feel. Kitchens may be opened, flooring replaced and living areas visually connected more effectively with the surrounding water views. Permanent characteristics should nevertheless remain the starting point for value.
Three-Bedroom Merida Residences
Buyers who require a true third bedroom can focus on Merida's larger recurring configurations. These residences provide additional guest or office flexibility while remaining considerably smaller than many of the three-bedroom homes in Cozumel, Tampico, Belize and Veracruz.
Similar square footage does not always mean identical functionality. Buyers should confirm the legal bedroom configuration, room dimensions, closets, bathroom count, privacy between bedroom areas and any permitted changes made during prior renovations.
Merida End Units & Wraparound Balconies
Merida end residences deserve separate consideration because corner positioning can provide additional glass, more natural light, broader view angles and wraparound outdoor areas.
The approximately 1,756-square-foot end-unit category is especially relevant for buyers seeking three bedrooms, multiple baths and broad waterfront views without moving into one of Cape Marco's substantially larger luxury towers.
When a corner residence is being valued, recent Merida end-unit transactions should normally receive more weight than interior-unit sales of similar age or finish.
Gulf & Caxambas Pass Views
Merida's location creates a different visual experience from towers oriented primarily toward Marco Island's Crescent Beach. Depending on stack and floor, residences may emphasize the Gulf of Mexico, Caxambas Pass, wide bays, mangrove islands, marine traffic or scenery toward the Ten Thousand Islands.
Gulf Exposure Western and southwestern orientations can capture broad open-water scenery and evening light.
Caxambas Pass Pass-facing residences can provide views of boats, changing water conditions and active coastal scenery.
Ten Thousand Islands Selected southeastern exposures can frame mangrove islands and more natural coastal scenery.
Multiple Exposures End units may combine more than one water orientation through additional windows and wraparound balconies.
Balconies & Outdoor Living
Balcony configuration can materially affect the ownership experience. Depending on the residence, outdoor space may include a principal lanai, wraparound corner balcony, private primary-suite balcony or multiple exterior areas.
Compare usable depth, furniture placement, privacy, shade, wind, sun exposure, view angle and which interior rooms connect directly to the outdoor space. Balcony functionality can matter more than a simple total-square-foot figure.
Merida Amenities & Cape Marco Lifestyle
Merida combines building-level condominium amenities with the larger recreational environment available within Cape Marco. Amenities associated with Merida and Cape Marco include pool, social, fitness, sauna, fishing, racquet and waterfront recreation facilities.
Buyers should distinguish the amenities maintained by the Merida condominium association from those maintained by the Cape Marco master community when reviewing fees, rules and long-term ownership obligations.
Beach Access & Waterfront Recreation
Cape Marco's coastal setting provides Merida owners with access toward Marco Island's Gulf shoreline together with fishing and waterfront common areas. This creates a different ownership experience from a condominium that offers only a distant water view.
Common dock or day-docking privileges should not be interpreted as permanent private boat-slip ownership. Buyers intending to use any waterfront facility for a vessel should verify current size limits, access procedures, time limits, availability and other rules directly through the association.
Parking & Storage
Merida residences commonly include covered or garage parking, but every buyer should verify the exact parking space and storage rights transferring with the condominium.
Confirm the specific parking-space number.
Verify whether the space is deeded, assigned or a limited common element.
Review proximity to the appropriate building entrance or elevator.
Confirm the storage area associated with the residence.
Verify current guest-parking and electric-vehicle policies.
Merida vs. Monterrey
Monterrey at Cape Marco is one of the most logical comparisons for a Merida buyer. Both towers provide more manageable residence sizes than the largest Belize and Veracruz homes.
Merida begins with smaller two- and three-bedroom floor plans, while Monterrey offers several larger three-bedroom categories extending above 2,000 square feet. Buyers can therefore compare the amount of interior space needed before narrowing by floor, view and outdoor living.
Merida vs. Tampico
Tampico at Cape Marco offers a lower-density building environment but substantially larger recurring three-bedroom floor plans.
Merida is more appropriate for buyers seeking approximately 1,300 to 1,800 square feet, while Tampico becomes relevant when the priority shifts toward approximately 2,000 square feet or more.
Merida vs. Cape Marco's Larger Towers
The difference becomes even more pronounced when Merida is compared with Cozumel, Belize and Veracruz.
Those buildings include floor plans ranging from substantial three-bedroom beachfront residences to very large four-bedroom and penthouse properties. Combining their transactions indiscriminately with Merida can therefore produce misleading Cape Marco averages.
How to Value a Merida Condo
The strongest Merida comparable-sale analysis begins inside the building and with the closest floor-plan family rather than with a broad Cape Marco or Marco Island price-per-square-foot figure.
Floor plan: begin with similar living area.
Bedroom configuration: distinguish true two- and three-bedroom layouts.
Residence position: separate end units from interior units.
Floor: evaluate elevation, privacy and breadth of view.
Water exposure: compare Gulf, Pass, bay and island views separately.
Balcony: consider wraparound space, orientation and room access.
Parking and storage: verify exact property rights.
Storm protection: compare windows, sliders and shutters.
Renovation: adjust after permanent characteristics are aligned.
Association condition: review reserves, insurance and capital obligations.
Merida Condominium Due Diligence
A Merida purchase involves both the individual condominium association and the broader Cape Marco master community. Buyers should review both levels before closing.
Current operating budget and financial statements
Reserve funding and scheduled contributions
Applicable engineering and milestone documentation
Structural Integrity Reserve Study information where applicable
Buyers should first decide whether a two-bedroom residence is sufficient or whether a true three-bedroom plan is required. The next priorities should be floor elevation, end versus interior position, Gulf or Caxambas Pass exposure, balcony configuration, parking and interior condition.
Permanent characteristics should receive the greatest weight. Renovation, furnishings and decorative finishes can then be considered after the correct physical comparison group is established.
Selling a Merida Condo
Merida sellers should avoid pricing from the overall Cape Marco average, especially when recent transactions include very large Belize or Veracruz residences.
Begin with the closest Merida floor-plan family and stack. Adjust next for floor, end-unit position, water view, balcony, parking, storage and storm protection. Renovation and furnishings should be considered after those permanent characteristics are aligned.
Merida & Cape Marco Market Activity
The Cape Marco Market Report tracks current listings and recent sales across Merida, Monterrey, Tampico, Cozumel, Belize and Veracruz.
Because those six towers contain dramatically different residence sizes, the report should be used for broad Cape Marco context and then narrowed back to Merida before evaluating an individual condominium.
Schulz Realty can help buyers and sellers compare Merida residences by floor plan, bedroom configuration, floor, end-unit position, Gulf and Caxambas Pass views, balconies, parking, storage, renovation, association condition and the most relevant Cape Marco comparable sales.
Merida residence counts, building details, floor plans, living areas, bedroom configurations, upper-floor and penthouse measurements, views, balcony arrangements, parking and storage rights, storm protection, amenities, beach access, fishing facilities, common-dock procedures, Cape Marco facilities, condominium fees, master-association fees, reserves, insurance coverage, deductibles, assessments, structural and capital projects, rental restrictions, pet policies and individual residence features may vary or change. Buyers and sellers should verify material information through current Merida condominium documents, Cape Marco master-association documents, financial statements, applicable engineering and reserve information, insurance records, inspections, public records, title work and appropriate qualified professionals.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.