940 Cape Marco Dr Unit 1905 in Marco Island sells for $4.3 million

A condominium at 940 Cape Marco Dr Unit 1905 in Marco Island sold for $4,300,000 on September 29, 2026. That was 83% above its last recorded sale of $2,350,000 in 2015, according to the Collier County Property Appraiser's sales records.

An aerial photo shows the parcel is steps from the bay and has a pool. Apartment and condo buildings surround it, the photo shows.

The record lists Lager Family Trust as the buyer.

Assessor's records show 3,268 square feet of living area and a build year of 2005. The price was $1,316 per square foot. The recorded market value was $2,989,140, making the sale price 44% above that value. Listing data shows 3 bedrooms and 4 bathrooms.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Collier County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $30,100 for the documentary stamp tax on deed and $550 for the settlement / closing fee. Who pays what follows Collier County custom.

How much did the seller net?

By our estimate, the seller netted about $4,033,172. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $937,454 at closing. That covers the down payment and closing costs.

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