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940 Cape Marco Dr APT 602, Marco Island, FL, 34145

4beds
4baths
3,830sqft
$4,695,000
$1,226price/sqft
$32,573/moest. monthly cost
$1,302,920/yrincome needed

About This Home

Enjoy magnificent views of Marco's entire Crescent Beach. Year round sunsets from the expansive Gulf terrace perfect for outside living & entertaining. Large East terrace for sunrise & morning sun. Several custom design features & floor plan enhancements add to the desirability & functionality of the spacious 4 bedroom 4 bath layout, Soaring 10'' ceilings with full height glass maximize the amazing Gulf & beach views. Well appointed and stylishly furnished. Quality features include stunning marble & warm wood flooring , coffered & decorative ceiling treatments , crown moldings, wainscotting, custom built-ins designed to integrate into the many quality features of the home decor & more. Luxurious primary suite affords beach & Gulf views, sumptuous primary bath & large wardrobe closet. 3 guest bedrooms , plus 5th convertible sleeping area provides plenty of space for all your visiting family & friends. The opened gourmet kitchen will delight the family chef with Sub Zero and Dacor stainless appliances, gas cooktop , double ovens , warming drawer, wine cooler , rich wood cabinetry & center prep Island. Elegant grand salon with fireplace & wet bar seamlessly transitions to the beach terrace for entertaining. Seller has started some updating projects allowing buyer to finish in their own personal design style. Superb building amenities include lavish lobby with 24 hour front desk service, club rooms, bar, billiards , state of the art fitness center, theater ,business center , guest suites two pools & spas, convenient beach access and active social program. Located within prestigious Cape Marco, a private gated beachfront community . Cape Marco amenities include club house, additional fitness, saunas & gathering space, 6 Har Tru lighted tennis courts, fishing boardwalk, paver sidewalks and a VERY special Island lifestyle. The sounds of the surf, glorious sunsets & paradise awaits!

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

7/10
Manatee Middle SchoolGrades 6-89.9 mi
5/10
Lely High SchoolGrades 9-1212.3 mi

Construction

Condition

  • Year built: 2005

Materials

  • Roof: Flat
  • Construction materials: Block,Stucco,Concrete

Type & Style

  • Home type: Condo
  • Architectural style: See Remarks
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Washer,Wine Cooler
  • Laundry features: Sink,Inside

Bedroom2

  • Level: Upper
  • Area: 182
  • Dimensions: 14 x 13

Bedroom3

  • Level: Main
  • Area: 182
  • Dimensions: 13 x 14

Bedroom4

  • Level: Main
  • Area: 196
  • Dimensions: 14 x 14

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Family Room

  • Level: Main
  • Area: 285
  • Dimensions: 19 x 15

Features

  • Built-in Features,Custom Closets,Entrance Foyer,Walk-In Closet(s),Wet Bar,Breakfast Bar,Double Vanity
  • Window features: Impact Windows,Shutters,Sliding
  • Flooring: Marble,Wood
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Multi Units,Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 4,370
  • Total interior livable area: 3,830 sqft

Kitchen

  • Level: Main
  • Area: 272
  • Dimensions: 17 x 16

Living Room

  • Level: Main
  • Area: 418
  • Dimensions: 19 x 22

Master Bedroom

  • Level: Main
  • Area: 300
  • Dimensions: 15 x 20

Property

Details

  • Parcel number: 79859000282

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community,Association
  • Exterior features: Balcony
  • Spa features: Association
  • Has view: Yes
  • View description: Beach,Gulf,Pool
  • Has water view: Yes
  • Water view: Beach,Gulf
  • On waterfront: Yes
  • Waterfront features: Beach Front,Beach Access

Lot

  • Features: See Remarks

Parking

  • Total spaces: 2
  • Parking features: Under Building Close
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters in Collier County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $23,740$284,880
Home Insurance *$4,526$54,312
Property Taxes $3,922$47,064
Electricity $385$4,625
Total$32,573$390,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,116,788/yr
40% on housing$977,190/yr
45% on housing$868,613/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,226This listing

vs Other Active Listings

Avg $/sqft

ZIP 34145$568
Collier County$525

vs Homes Sold Last Month

Median $/sqft

ZIP 34145$704
Collier County$385

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-10Listed for sale$4,695,000
2008-05-07Sold$1,875,000

For Sale by Agent

AgentKristine Bareis
BrokeragePremier Sotheby's International Realty

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