970 Cape Marco Dr Unit 2506 in Marco Island sells for $7.2 million

The condominium sold for $7,200,000 on August 28, 2026, according to the Collier County Property Appraiser's sales records. The Assessor's records put its market value at $8,707,360, making the sale price 17% lower.

An aerial photo shows the parcel directly on the bay, with a pool. The photo also shows apartment and condo buildings around it.

The property is at 970 Cape Marco Dr Unit 2506 in Marco Island. The record lists Anthony V Reck & Farideh Reck Joint Rev Trust as the buyer.

Assessor's records show 13,528 square feet of living area and a build year of 2004. At that size, the sale price works out to $532 per square foot. The last sale on record was $8,900,000 in 2004. Listing data shows 6 bedrooms and 8 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 $50,400 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 $6,757,927. 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 $1,571,294 at closing. That covers the down payment and closing costs.

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