970 Cape Marco Dr Unit 2504 in Marco Island sells for $7.4 million

A condominium at 970 Cape Marco Dr Unit 2504 in Marco Island sold for $7,400,000 on September 14, 2026, according to the Collier County Property Appraiser's sales records. The price was 59% above the last sale on record: $4,650,000 in 2018.

An aerial photo shows the parcel directly on the bay, with a pool. Apartment and condo buildings surround it.

The record lists 970 Cape Marco First LLC as the buyer.

Assessor's records show 9,172 square feet of living area and a build year of 2004. The price works out to $807 per square foot. The market value on record is $6,373,520, 16% below the sale price. Listing data shows 4 bedrooms and 7 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 $51,800 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 $6,943,432. 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 $1,626,206 at closing. That covers the down payment and closing costs.

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