Monterrey at Cape Marco is a Gulf-front luxury condominium tower at 980 Cape Marco Drive within the private, guard-gated Cape Marco community on southern Marco Island. Completed in 1996, Monterrey rises approximately 20 stories and contains approximately 136 condominium residences.
Monterrey occupies an important middle position within Cape Marco. Its two- and three-bedroom residences provide substantially more interior living area than many conventional Marco Island condominiums while generally remaining more manageable than the largest residences and penthouses in Belize and Veracruz.
Address 980 Cape Marco Drive
Completed 1996
Building Approx. 20 Stories
Residences Approx. 136 Condos
Bedrooms 2 & 3 Bedrooms
Views Gulf • Pass • Islands
Monterrey valuation sequence: exact floor-plan family → bedroom configuration → interior or end position → floor elevation → Gulf, Caxambas Pass or island exposure → front and rear balcony configuration → parking and storage → storm protection and renovation → association condition → closest same-building comparable sales.
Monterrey Floor Plans & Residence Sizes
Monterrey contains several distinct residence lines rather than one standard floor plan. Recurring air-conditioned living areas include approximately 1,820, 1,978, 2,100-plus and 2,451 square feet, with reported total area sometimes differing because balconies and other spaces may be measured under different conventions.
Approx. 1,820 Sq. Ft. A more manageable Cape Marco residence that can appear in two- or three-bedroom configurations depending on the residence line.
Approx. 1,978 Sq. Ft. An important true three-bedroom category with substantial Gulf-facing outdoor living potential.
Approx. 2,100+ Sq. Ft. Intermediate three-bedroom residences providing additional interior and guest-space flexibility.
Approx. 2,451 Sq. Ft. Large three-bedroom end residences with three baths, additional glass and multiple-view potential.
1,820-Square-Foot Monterrey Residences
The approximately 1,820-square-foot category provides an important entry point into Monterrey. It offers meaningful Cape Marco living space without requiring the much larger footprint found in the tower's end residences.
Buyers should verify the exact bedroom configuration because similar reported living area can appear with different interior arrangements. A true three-bedroom residence may compete differently from a two-bedroom plan even when both occupy the same general size category.
1,978-Square-Foot Three-Bedroom Condos
The approximately 1,978-square-foot floor plan is particularly relevant for buyers seeking a true three-bedroom Cape Marco condominium in a manageable size. Depending on stack and renovation, these homes can provide open living-dining areas, large Gulf-facing terraces and split-bedroom privacy.
This size range also creates a useful comparison with Tampico, where large three-bedroom ownership begins in a similar overall range but within a much lower-density building.
2,451-Square-Foot Monterrey End Residences
Monterrey's approximately 2,451-square-foot end residences occupy a different comparison category. These homes can provide three bedrooms, three full baths, additional family or informal living space, extensive glass and water views in more than one direction.
End positioning matters because windows, natural light, secondary exposures and balcony relationships cannot be duplicated through interior renovation. A large Monterrey end residence should therefore be compared first with other similar Monterrey end-unit sales rather than automatically with a smaller interior residence.
Gulf, Caxambas Pass & Ten Thousand Islands Views
Monterrey's position near Marco Island's southern end creates several waterfront orientations. Depending on stack and floor, a residence may emphasize the Gulf of Mexico, Caxambas Pass, Kice Island, Marco Island or the Ten Thousand Islands.
Gulf Exposure Western and southwestern positions can capture broad water horizons and evening sunset skies.
Caxambas Pass Selected secondary exposures may emphasize boats, moving water and the southern Marco Island coastal environment.
Island Views Additional glass in selected end residences can frame Marco Island, offshore islands and natural coastal scenery.
Multiple Exposures Front and rear views can allow one residence to experience very different light and scenery throughout the day.
Front & Rear Balconies
Selected Monterrey floor plans provide outdoor living on more than one side of the residence. A principal Gulf-facing terrace can support sunset-oriented dining and entertaining, while secondary outdoor space may capture morning light, Caxambas Pass or island scenery.
Buyers should compare usable depth, orientation, privacy, shade, wind exposure and which interior rooms have direct access. Two residences with similar enclosed square footage can function quite differently when their balcony layouts are not the same.
Full-Height Glass & Natural Light
Many Monterrey residences emphasize the relationship between interior living space and the water through substantial sliding-glass systems and broad window areas. This is particularly important in end residences where multiple exposures can bring natural light into more rooms.
Buyers should verify the condition and type of windows and sliders for the specific condominium together with any shutters, screens or other storm protection. These components can represent substantial replacement cost and should not be assumed to be identical throughout the building.
Semi-Private Elevator Living
Selected Monterrey residences feature a semi-private elevator relationship that creates a more residential arrival experience than a conventional shared high-rise hallway.
The exact elevator configuration can vary by residence line and floor. Buyers should verify lobby or foyer arrangements, service access and any applicable limited-common-element provisions in the current condominium documents.
Monterrey Social & Fitness Amenities
Monterrey is notable within Cape Marco for its substantial dedicated building-level social and fitness facilities. These spaces create a stronger independent amenity identity than a tower relying almost entirely on the Cape Marco master community.
Resident Social Areas Gathering and lounge spaces support owner events and seasonal social activities.
Fitness Facilities Dedicated exercise space complements the larger Cape Marco recreational environment.
Club & Event Space Resident facilities support organized gatherings and private social use subject to current rules.
Gulf-Side Pool The building's pool environment maintains a close visual connection with the surrounding Gulf-front setting.
Amenity availability, staffing, reservation procedures and operating rules can change. Buyers should verify the current Monterrey amenity package directly through management and condominium documents.
Cape Marco Beach, Racquet & Waterfront Lifestyle
Monterrey owners also participate in the broader Cape Marco environment. Cape Marco provides controlled access together with established beachfront, waterfront, clubhouse, fishing and racquet amenities.
Building-level Monterrey facilities and Cape Marco master-community facilities should be considered separately when reviewing fees, insurance, reserves and ownership responsibilities.
Waterfront & Dockage Due Diligence
Access to Cape Marco waterfront facilities should not be interpreted as ownership of a private boat slip. Any day-dock or common waterfront use is subject to current Cape Marco rules and availability.
Buyers intending to use a vessel should verify permitted use, vessel size, time restrictions, water depth, docking procedures and any other current master-association requirements rather than relying on historical listing descriptions.
Parking & Storage
Monterrey residences typically include secured or assigned parking, while selected larger residences may convey more than one space. Parking should always be confirmed for the exact condominium.
Verify the numbered parking space or spaces.
Confirm whether rights are deeded, assigned or limited common elements.
Review location relative to the appropriate elevator.
Confirm the individual storage area.
Verify current guest-parking procedures.
Confirm current electric-vehicle charging rules.
Monterrey vs. Tampico
Tampico at Cape Marco is one of the strongest comparisons for Monterrey buyers. Both towers provide substantial three-bedroom Gulf-front ownership without moving automatically into the estate-scale floor plans of Belize or Veracruz.
Monterrey offers a broader range of residence sizes and a larger building population, while Tampico is notably lower-density. Buyers should compare the actual floor plan, view, outdoor living, parking and association condition rather than selecting solely by building name.
Monterrey vs. Merida
Merida at Cape Marco is relevant for buyers who want the Cape Marco environment in a smaller residence.
Merida's recurring floor plans begin considerably below Monterrey's larger three-bedroom categories. Monterrey becomes especially relevant when buyers want approximately 1,800 to 2,500 square feet together with larger balconies, end-unit possibilities and stronger building-specific social amenities.
Monterrey vs. Cozumel
Cozumel at Cape Marco generally moves into larger recurring three-bedroom residence sizes than Monterrey.
Monterrey can therefore suit a buyer seeking true luxury Gulf-front living without requiring nearly 2,700 to 3,300-plus square feet. Cozumel becomes increasingly relevant as interior-space requirements increase.
How to Value a Monterrey Condo
Monterrey contains enough variation in floor plan, bedroom configuration, stack and view that one building-wide price-per-square-foot number can be misleading.
The strongest comparable-sales sequence is:
Exact floor-plan family — begin with similar enclosed living area.
Bedroom configuration — distinguish true two- and three-bedroom layouts.
Interior vs. end position — additional glass and exposures can materially affect value.
Floor elevation — compare horizon, privacy and waterfront visibility.
Permanent view — Gulf, Pass and island exposures should not be treated as identical.
Balconies — compare front and rear outdoor living rather than total square footage alone.
Parking and storage — confirm the exact rights associated with each residence.
Storm protection — compare windows, sliders and shutter systems.
Renovation — adjust for interior finish after permanent characteristics are aligned.
Association condition — review reserves, insurance, assessments and planned work.
Monterrey Condominium Due Diligence
A Monterrey purchase involves both the individual condominium association and the broader Cape Marco master community. Buyers should review both ownership layers before closing.
Current operating budget and financial statements
Reserve balances and scheduled contributions
Applicable milestone and engineering documentation
Structural Integrity Reserve Study information where applicable
Master-property insurance and deductibles
Approved, pending or contemplated special assessments
Completed and planned capital projects
Cape Marco master-association fees and obligations
Parking and storage rights
Current rental restrictions
Current pet policies
Building condition and association finances should be considered together. Exterior restoration, terraces, glazing, elevators, roofs, garages, mechanical equipment, pools and amenity facilities can create significant long-term ownership obligations even when the individual residence is beautifully renovated.
Buyers should first determine whether a more manageable approximately 1,800- to 2,000-square-foot residence or a larger end-unit configuration is the better fit. Bedroom count should then be confirmed rather than inferred from square footage alone.
Next compare floor elevation, Gulf and Pass exposure, front and rear balconies, parking, storage and storm protection. Interior renovation should be evaluated after those permanent characteristics have been matched.
Selling a Monterrey Condo
Monterrey sellers should avoid relying on a broad Cape Marco or Marco Island condominium average. Begin with recent sales from the closest Monterrey floor-plan category and residence line.
Adjust for floor elevation, end-unit position, permanent Gulf or island views, front and rear balconies, parking, storage and association condition. Renovation, furnishings and decorative finishes can then be considered after the correct physical comparison group has been established.
Monterrey & Cape Marco Market Activity
The Cape Marco Market Report tracks current listings and recent transactions across Monterrey, Merida, Tampico, Cozumel, Belize and Veracruz.
That report should be used for Cape Marco context rather than as a substitute for building-specific analysis. A Monterrey residence near 1,820 square feet and a very large Belize or Veracruz condominium belong to fundamentally different comparison groups despite sharing the same Cape Marco entrance.
Schulz Realty can help buyers and sellers compare Monterrey residences by floor-plan family, bedroom configuration, end-unit position, floor elevation, Gulf and Caxambas Pass views, balconies, parking, storage, renovation, association condition and the most relevant Cape Marco comparable sales.
Monterrey residence counts, building details, floor plans, air-conditioned and total reported areas, bedroom configurations, views, balcony arrangements, elevator relationships, parking and storage rights, storm protection, amenities, Cape Marco facilities, waterfront-use rules, 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 Monterrey 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.