940 Cape Marco DR Unit 603, Marco Island
(239) 682-5800
Real Estate Company
940 Cape Marco Drive • Gulf Front • Large 3 & 4 Bedroom Luxury Residences
Condos For Sale Veracruz at Cape Marco
Map Search 940 Cape Marco Drive
Market Report Cape Marco Listings & Sales Veracruz at Cape Marco is an upper-luxury Gulf-front condominium tower at 940 Cape Marco Drive within the private, guard-gated Cape Marco community on southern Marco Island. Veracruz occupies a distinctive position in the island's condominium market because its three- and four-bedroom residences are unusually large, while its rare penthouses move into an estate-scale category of their own.
Conventional Veracruz floor plans extend from roughly 3,265 square feet into configurations exceeding 4,700 square feet, with exceptional upper-floor residences substantially larger. That scale allows buyers to retain the living area, guest capacity and entertaining space associated with a luxury home while gaining the security, amenities and exterior-maintenance structure of high-rise condominium ownership.
Veracruz should not be evaluated as though every residence shares the same basic floor plan. Its recurring configurations vary by well over one thousand square feet even before the penthouse level is considered.
The exact floor-plan family should therefore be established before relying on price per square foot. A residence near 3,265 square feet and another near 4,700 square feet can appeal to different buyers even though both carry the same Veracruz address.
True four-bedroom Gulf-front condominiums are comparatively limited on Marco Island, which gives the larger Veracruz residences an important position in the luxury market. The additional suites can accommodate extended family, grandchildren, long-term guests, home offices or owners who expect to spend extended seasons on the island.
At this level, buyers should compare much more than bedroom count. Bedroom separation, ensuite baths, family and living rooms, kitchen scale, terrace access, ceiling height, elevator foyer, parking and storage all contribute to the practical difference between floor plans.
The rare Veracruz penthouses should be treated as a separate real-estate category. Their size, upper-floor position, panoramic exposure, terrace configuration, architectural customization and scarcity make ordinary building-wide averages particularly unreliable.
When one becomes available, the strongest valuation evidence may include historical Veracruz penthouse transactions, large Belize residences, selected Cape Marco sales and other exceptional Marco Island luxury condominiums rather than conventional high-rise transactions.
One of Veracruz's most compelling design characteristics is the relationship between its principal western Gulf exposure and secondary eastern outdoor space. Gulf-facing terraces can frame open water, Marco Island's Crescent Beach and sunset skies, while east-facing areas may provide morning light, island scenery and outlooks toward the Ten Thousand Islands.
Buyers should evaluate both sides of a residence. Terrace depth, furniture capacity, wind, shade, privacy and direct access from principal living spaces can materially change how outdoor areas function even when two units contain similar interior square footage.
A generic description such as "Gulf view" does not sufficiently distinguish Veracruz residences. Floor elevation and stack can change beach visibility, panoramic width, horizon, privacy and the relationship between Gulf and island scenery.
Same-stack transactions can therefore provide especially useful comparable evidence. The underlying floor plan and general orientation are more likely to resemble the subject residence than a sale from an entirely different line within the tower.
Private or owner-controlled elevator arrival contributes to Veracruz's residential character. For buyers transitioning from a large single-family home, a private foyer can create a more individual sense of arrival than a conventional shared high-rise corridor.
The exact elevator configuration, service access, foyer area, emergency procedures and legal treatment of any limited common elements should be confirmed for the specific residence through the current condominium documents.
Secure under-building parking is an important part of Veracruz ownership, and larger luxury residences may convey multiple parking spaces. The exact spaces, however, should never be assumed from another unit in the building.
Veracruz provides an extensive building-level amenity program in addition to the broader facilities available within Cape Marco. Current building information identifies two pools, spa facilities, fitness and wellness areas, guest accommodations, theater and social spaces, business facilities, building staffing and on-site management.
Amenity availability, staffing and procedures can change. Buyers should verify the current building package and reservation or usage rules directly through Veracruz management and current association documents.
Veracruz ownership also includes the broader environment of Cape Marco. The master community provides controlled access and coastal amenities in addition to those maintained independently by each condominium tower.
Cape Marco's established community amenities include beachfront and waterfront common areas, clubhouse facilities, racquet recreation, landscaped pedestrian areas and fishing opportunities. Buyers should still distinguish master community amenities from Veracruz association amenities when reviewing fees and ownership responsibilities.
For buyers focused on Cape Marco's largest later-generation luxury residences, Belize at Cape Marco is the most natural first comparison.
Both towers provide substantial three- and four-bedroom residences, large terraces, private-elevator relationships, Gulf exposure and rare penthouse opportunities. Instead of treating one building as universally superior, compare the best available residences by floor-plan family, floor, stack, panorama, terraces, parking, storage, renovation and association condition.
A Veracruz purchase involves two levels of ownership consideration: the individual Veracruz condominium association and the broader Cape Marco master community. Both should be reviewed before closing.
Large coastal condominium buildings can have significant long-term expenses involving exterior restoration, balconies, waterproofing, elevators, roofs, garages, mechanical equipment and amenity areas. Association finances and physical condition should therefore be evaluated together.
Buyers should review the condominium association's insurance coverage together with the individual residence's insurance requirements. Windows, sliders, shutters, interior improvements and loss-assessment exposure may involve different responsibilities.
Determine the actual impact protection installed in the specific residence rather than assuming every Veracruz unit has been upgraded identically. A current property-specific insurance quotation is more useful than relying on another owner's premium.
Veracruz should not be valued from a broad Marco Island condominium average. Its very large residence sizes and rare upper-floor properties can distort island-wide or even Cape Marco-wide statistics.
The preferred comparable-sales order is:
If same-building evidence is limited, expand carefully to Belize and other genuinely comparable upper-luxury Cape Marco residences rather than using the entire Marco Island condo market.
Belize • Cozumel • Merida • Monterrey • Tampico • Veracruz
Start with the permanent characteristics. Determine how much interior space is genuinely needed, whether three or four bedrooms best fit the intended use, preferred floor height, Gulf orientation and the importance of the eastern terrace.
Once those characteristics are established, compare parking, storage, ceiling height, impact protection, renovation, mechanical systems, furnishings and the condominium association's current financial position.
Veracruz sellers should establish value within the correct residence category before relying on broader Cape Marco or Marco Island statistics. Same-plan and same-stack sales provide the strongest starting point.
Adjust next for floor elevation, Gulf panorama, east-facing exposure, terrace configuration, parking, storage and association condition. Renovation, furnishings and decorative finishes should be applied after the permanent real-estate characteristics have been matched.
Veracruz inventory can be limited because large upper-luxury residences trade less frequently than conventional island condominiums. The Cape Marco Market Report provides current listings and recent sales across all six Cape Marco towers.
Use that broader report for context, then narrow the analysis back to Veracruz, the correct floor-plan family, floor, stack, permanent water exposure and terrace configuration before drawing conclusions about an individual residence.
Buyers comparing Veracruz with luxury properties outside Cape Marco can also use the Marco Island Condo Guide and Marco Island Waterfront Condos hub to compare other Gulf-front and waterfront buildings.
Schulz Realty can help buyers and sellers compare Veracruz residences by floor-plan family, stack, floor elevation, Gulf and Crescent Beach exposure, terraces, parking, storage, renovation, condominium financial condition and the most relevant Cape Marco comparable sales.
Contact Schulz Realty for Listings & Private ToursVeracruz residence counts, floor plans, living areas, bedroom configurations, penthouse measurements, views, terraces, elevator arrangements, parking and storage rights, storm protection, amenities, staffing, Cape Marco facilities, association fees, master-association fees, reserves, insurance coverage, deductibles, assessments, structural and capital projects, rental provisions, pet policies and individual residence features may vary or change. Buyers and sellers should verify material information through current Veracruz 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.