Cape Marco • 990 Cape Marco Drive • Marco Island • Luxury Gulf-Front Condominiums
Merida at Cape Marco Condos for Sale
Merida at Cape Marco is a Gulf-front condominium tower at 990 Cape Marco Drive within Marco Island's private, guard-gated Cape Marco community.
Completed in 1992, Merida contains 90 residences in a 12-story building. Although its residences are generally more compact than the later Belize, Veracruz and Cozumel towers, larger three-bedroom corner residences and penthouses remain firmly relevant to buyers seeking the Cape Marco luxury lifestyle.
Documented living areas range from approximately 1,316 square feet to 1,756 square feet among the principal tower residences, while penthouse configurations can reach approximately 1,950 square feet.
990 Cape Marco Drive Cape Marco 90 Residences 12 Stories Built 1992 2 & 3 Bedrooms Approx. 1,316–1,756 Sq Ft Penthouse Approx. 1,950 Sq Ft Gulf Front Private Beach Access Gulf & Caxambas Pass Views Wraparound Balconies Vary Heated Pool Fitness Center Clubhouse / Social Room Sauna Fishing Pier Day Dock Tennis & Pickleball Bike Storage Vehicle Wash Area Guard-Gated Cape Marco Published 30-Day Rental Minimum
Merida in Guard-Gated Cape Marco
Merida occupies the southernmost portion of the Cape Marco tower collection and benefits from the same private entrance, waterfront setting and recreational environment as the larger neighboring luxury towers.
The building's position near Caxambas Pass can create dramatic wide-water views toward the Gulf of Mexico, Cape Romano and the Ten Thousand Islands.
Merida is particularly relevant for buyers who want the Cape Marco address, security and amenities while preferring a residence that is more manageable in scale than a 3,000- to 5,000-square-foot condominium.
90 Merida Residences
The current Merida association rules specifically refer to 90 resident households, and current MLS records also identify 90 residences in the building.
The residences are distributed through 12 stories with several two- and three-bedroom floor-plan stacks.
Because larger three-bedroom corners and penthouses are limited, those homes can have relatively few directly comparable sales in a given year.
1992 Construction
Merida was completed in 1992, making it the earliest of Cape Marco's principal condominium towers.
Current MLS records identify concrete-block construction with stucco exterior finishes and secured high-rise access.
Individual residences vary substantially in renovation and storm protection, making property-specific inspection and permit review important.
Merida Floor Plans
Merida provides a broader variety of residence sizes than a simple two-bedroom-versus-three-bedroom description suggests.
Approx. 1,316 Sq Ft Two-bedroom, two-bath configurations offering an efficient entry into the Cape Marco lifestyle.
Approx. 1,424–1,428 Sq Ft A frequently represented two-bedroom residence family with Gulf or wide-water balcony views.
Approx. 1,510–1,600 Sq Ft Larger three-bedroom or flexible-plan residences providing expanded interior living areas.
Approx. 1,655–1,756 Sq Ft Desirable three-bedroom corner configurations with broader water views and larger balconies.
Approx. 1,950 Sq Ft Penthouse Rare three-bedroom penthouse configuration providing additional living area and exceptional upper-level views.
Multiple Balcony Configurations Corner and upper-floor homes can provide wraparound or multiple balconies with Gulf, pass and island exposures.
1,316-Square-Foot Residences
Approximately 1,316 square feet represents one of Merida's most compact principal floor plans.
These homes typically provide two bedrooms and two baths with balcony space and access to the full Cape Marco amenity environment.
They should be compared primarily with the same floor-plan family, not with Merida's larger three-bedroom corner residences.
1,424- to 1,428-Square-Foot Condos
Another common Merida residence family measures approximately 1,424 to 1,428 square feet.
Current property records document two-bedroom, two-bath homes in this category on multiple floors.
Floor level, balcony view and renovation can create substantial differences among otherwise similar residences.
1,510- to 1,600-Square-Foot Residences
Merida's middle-size floor plans provide approximately 1,510 to 1,600 square feet.
These residences commonly provide three-bedroom or flexible two-bedroom-plus-den configurations and additional interior room for seasonal or full-time living.
Recent 2026 sales document three-bedroom residences around 1,510 square feet within this category.
1,756-Square-Foot Corner Residences
Approximately 1,756 square feet is one of Merida's most desirable regular floor-plan categories.
Current 2026 sales and listings document three-bedroom, three-bath corner residences of this size.
A southwest corner configuration can provide panoramic Caxambas Pass and Gulf views together with a substantial wraparound balcony and a private balcony serving the primary suite.
These homes belong in a stronger luxury comparable-sales category than Merida's smaller two-bedroom residences.
Merida Penthouse Residences
Merida also contains larger penthouse configurations.
Public property records document a three-bedroom, three-bath penthouse of approximately 1,950 square feet.
The combination of top-floor position, expanded living area and panoramic Gulf and Ten Thousand Islands views makes penthouse properties a distinct valuation category.
Gulf & Caxambas Pass Views
Merida's southern Cape Marco position creates a distinctive water-view orientation.
Depending on stack and floor, residences may overlook the Gulf, Caxambas Pass, Cape Romano, Ten Thousand Islands waterways, Marco Island and the landscaped Cape Marco grounds.
Southwest corner residences can provide especially broad water exposure.
Wraparound Balconies
Selected Merida corner residences provide expansive wraparound balconies that substantially increase usable outdoor living.
Some larger floor plans also provide a second private balcony serving the primary bedroom.
Balcony configuration should be considered separately from interior square footage because it materially changes how a residence captures the Gulf and pass views.
Private Beach Access
Merida owners benefit from private access to the Cape Marco waterfront and beach environment.
Current listings specifically document a private wraparound walkway providing access toward Marco Island's beach.
The setting allows owners to enjoy beachfront recreation without leaving the guard-gated Cape Marco community.
Heated Community Pool
Merida provides a heated tropical swimming pool within its landscaped waterfront grounds.
The pool offers a resort-style recreational alternative to beach use while remaining close to the Gulf and common waterfront walkways.
Fitness Center
Current Merida MLS information identifies a well-equipped fitness and exercise center.
The fitness facilities complement Cape Marco's tennis, pickleball, walking areas, pool and other recreational amenities.
Clubhouse & Social Room
Merida residents have access to clubhouse and social-room facilities for gatherings and community activities.
The current association rules also address use of the Cape Marco clubhouse, tennis courts, pool and common grounds.
Sauna
Current MLS information identifies a sauna among Merida's common amenities.
Together with the fitness center and pool, this provides an additional wellness feature within the building.
Fishing Pier & Day Dock
Current Merida listings identify a common dock and fishing pier within the Cape Marco waterfront environment.
Recent MLS information describes the dock as suitable for fishing and day docking.
This should not be interpreted as a permanent deeded private boat slip attached to every Merida residence.
Boating distinction: Merida provides common waterfront and day-docking amenities, but buyers requiring permanent private boat storage should verify current docking rights separately rather than assuming a private slip accompanies the condominium.
Tennis & Pickleball
Merida owners participate in Cape Marco's extensive racquet-sports environment.
Current MLS records identify tennis and pickleball facilities together with the Cape Marco clubhouse and fitness amenities.
These recreational facilities are a meaningful distinction between Cape Marco and standalone beachfront buildings with fewer common amenities.
Covered Parking
Merida residences generally include assigned or attached covered parking.
Current 2026 listings commonly document one garage or under-building parking space with the residence.
The exact parking space and legal assignment should always be confirmed through condominium documents and title information.
Private Storage & Bike Storage
Current MLS records identify assigned storage and bicycle storage within Merida.
These features are particularly useful for seasonal owners keeping beach equipment, bicycles and personal property on Marco Island.
Storage dimensions and location should be verified for the exact residence.
Vehicle Wash Area
A vehicle-wash area is included among Merida's current common amenities.
This is a practical benefit in the coastal environment where salt and sand can accumulate on vehicles.
Cape Marco Security
Merida benefits from several layers of security.
Cape Marco maintains a staffed gated entrance, while current Merida MLS records identify lobby security, fob entry and secured elevator access.
This structure is particularly attractive to seasonal and lock-and-leave owners.
Merida Rental Rules
Established current Marco Island condominium references continue to identify a 30-day minimum rental period at Merida, with older detailed guides describing a monthly or 12-times-per-year rental framework.
Merida's official rules explicitly address renters and require owners to make renters aware of association rules.
Because the exact lease frequency and application procedures can be amended, investment buyers should verify the current declaration and association application before calculating rental income.
Rental due diligence: published sources currently identify a 30-day minimum. Buyers should verify the present minimum lease, annual lease frequency, application fee, approval procedure and Cape Marco master association requirements through current written documents.
Merida Pet Policy
Current 2026 MLS information identifies Merida as pet-friendly with association approval.
One current listing specifically reports two dogs up to 30 pounds each for owners. Older published Merida guides identify two pets with approximately 25-pound or 17-inch limits.
Because the current and older summaries differ slightly, owners with animals should obtain the current written Merida pet policy before purchasing.
Impact Glass & Hurricane Protection
Storm protection varies among Merida residences.
Current 2026 inventory includes condominiums with impact-resistant windows and doors, sometimes supplemented by manual shutters.
Other residences may have different systems, so every window, slider and exterior opening should be reviewed individually.
Renovated Merida Condos
More than three decades of ownership have created substantial differences in interior condition.
Current renovated residences document new flooring, redesigned cabinetry, quartz or stone surfaces, updated appliances, remodeled bathrooms, modern furnishings, impact glass and updated mechanical systems.
Permanent characteristics—particularly floor plan, corner position, floor height, Gulf view and balcony configuration—should generally be evaluated before cosmetic renovation.
Merida Condominium Association
The legal association is Merida Condominium Association, Inc.
Florida corporate records identify it as an active Florida not-for-profit corporation, document number N48355, filed April 14, 1992.
Its principal address is 990 Cape Marco Drive, Marco Island, Florida 34145. The association filed its current 2026 annual report in March 2026.
Budget & Reserves Review current operating expenses, reserve balances and long-term capital planning.
Master Insurance Evaluate property, wind, flood and liability coverage together with current deductibles.
Structural Information Review applicable milestone inspection, engineering and structural reserve documents.
Special Assessments Identify paid, approved, outstanding or contemplated assessments.
Elevators Review inspection history, maintenance and capital planning for elevator systems.
Building Envelope Review concrete, balconies, waterproofing, windows, roofing and exterior maintenance.
Flood & Coastal Insurance
Merida's Gulf-front setting makes flood, wind and condominium master-insurance analysis an important part of ownership.
Buyers should distinguish association master coverage from the individual owner's HO-6 policy and review current deductibles, loss-assessment exposure and flood requirements.
What Merida Buyers Should Compare
Floor Plan Separate 1,316-, 1,424/1,428-, 1,510/1,600- and 1,756-square-foot residence families.
Bedroom Configuration Distinguish two-bedroom homes from true three-bedroom and three-bath corner residences.
Floor Height Compare privacy, horizon width, water perspective and wind exposure.
Corner Position Corner residences can provide additional glass, wraparound balconies and broader water views.
Water View Compare Gulf, Caxambas Pass, Cape Romano and Ten Thousand Islands exposure.
Balcony Configuration Compare wraparound, primary-suite and standard balcony layouts.
Parking Confirm the exact assigned or garage parking space.
Storage Verify assigned storage and bicycle-storage rights.
Storm Protection Confirm impact windows, doors and supplemental shutters.
Renovation Compare kitchens, bathrooms, flooring, appliances and mechanical systems.
Rental Rules Verify the current minimum term and annual lease frequency.
Association Condition Review reserves, insurance, structural reports and capital projects.
How to Value a Merida Condo
Merida valuation should begin with the correct floor-plan stack and living area rather than one building-wide price-per-square-foot average.
A 1,316-square-foot two-bedroom residence does not compete directly with a 1,756-square-foot three-bedroom corner home or a 1,950-square-foot penthouse.
Floor level, water view, corner position, balcony configuration, parking, renovation and association condition should then be incorporated into the valuation.
Merida valuation sequence: floor-plan stack → living area → bedroom and bath count → floor level → corner or interior position → Gulf / Caxambas Pass view → balcony configuration → parking → storage → storm protection → renovation → association condition → most relevant recent Merida sales.
Luxury Merida Residences & Recent Sales
Merida's larger three-bedroom residences continue to participate in the million-dollar Cape Marco market.
Recent 2026 transactions include 1,510-square-foot and 1,756-square-foot three-bedroom residences selling comfortably above $1 million.
Rather than hard-coding sale prices into this evergreen guide, buyers should compare the current IDX inventory with the latest same-stack and similar-size closed sales.
Merida Condos for Sale
Current MLS legal descriptions identify the subdivision as Merida A Condo, while the building is commonly displayed simply as Merida within the Cape Marco development.
Luxury buyers should pay particular attention to the larger three-bedroom corner residences and penthouse configurations when comparing Merida with other Cape Marco towers.
Merida Condos For Sale • Merida Map Search • Marco Island Waterfront Condo Market Report
Compare Luxury Cape Marco Condos
Compare Merida with the larger and higher-value Cape Marco towers that are most relevant to luxury Marco Island buyers.
Merida vs. Monterrey
Monterrey is newer and generally offers larger residence choices, with floor plans extending well beyond 2,000 square feet.
Merida offers a more compact Cape Marco option while retaining the guard-gated Gulf-front setting, beach access and master-community amenities.
Luxury buyers comparing the two should focus especially on Merida's larger corner and penthouse residences rather than its smallest two-bedroom plans.
Merida vs. Tampico
Tampico is one of Cape Marco's lowest-density towers and offers larger standard three-bedroom floor plans.
Merida provides more compact floor plans and can represent a different ownership profile for buyers who want Cape Marco without requiring more than 2,000 square feet.
Merida vs. Cozumel
Cozumel was completed in 1998 and provides substantially larger three- and four-bedroom residences, many approaching or exceeding 3,000 square feet.
Merida is more compact, while still providing the Gulf-front location, private Cape Marco security and recreational environment.
Merida vs. Belize & Veracruz
Belize and Veracruz represent the estate-scale end of Cape Marco condominium living.
Their standard residences generally offer much greater interior space, more elaborate private elevator relationships and higher luxury price points.
Merida serves a different buyer seeking the Cape Marco lifestyle in a residence that is easier to maintain and typically smaller in overall scale.
Merida vs. Madeira
Madeira is a newer-generation 2006 luxury beachfront tower along central Crescent Beach and generally offers substantially larger residences.
Merida's advantage is its position inside private Cape Marco, particularly for buyers who value south-island views toward Caxambas Pass and the Ten Thousand Islands.
Selling a Merida Condo
Merida sellers should begin with the correct floor-plan stack and bedroom configuration rather than using every sale in the building.
The larger 1,756-square-foot three-bedroom corner residences and penthouses should be separated from 1,316- and 1,425-square-foot two-bedroom homes.
Floor height, Gulf exposure, balcony configuration, parking, renovation, impact protection and association condition should then be incorporated into the pricing analysis.
Explore Merida at Cape Marco With Schulz Realty
Schulz Realty can help luxury buyers compare Merida residences by floor-plan stack, living area, bedroom count, floor level, corner position, Gulf and Caxambas Pass view, balcony configuration, parking, storage, renovation, hurricane protection, association financials and the most relevant recent same-building sales before arranging private tours.
Contact Schulz Realty for Merida Listings & Private Tours
Call David Schulz at (239) 682-5800.
Learn more about Schulz Realty and Broker David H. Schulz .
Local representation for luxury Marco Island and Naples beachfront, waterfront and high-rise condominium real estate.
Merida residence counts, floor plans, living areas, bedroom and bathroom configurations, views, balcony configurations, parking and storage rights, association fees, reserve funding, insurance coverage, deductibles, assessments, structural and capital projects, amenities, rental provisions, pet policies and individual residence features may vary or change. Current Merida association information and MLS records support 90 residences, 12 stories and 1992 construction at 990 Cape Marco Drive. Current property records document principal floor-plan categories from approximately 1,316 through 1,756 square feet and a larger approximately 1,950-square-foot penthouse configuration. Published community references identify a 30-day minimum rental period, while current pet information varies between published association summaries and individual MLS listings. Buyers should verify all material information through current Merida and Cape Marco governing documents, association financial statements, insurance records, applicable engineering and reserve information, public records, inspections, title work and appropriate qualified professionals before purchasing.
Back to Top ↑
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.