2 Beds
2 Baths
1,450 SqFt
2 Beds
2 Baths
1,450 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $1,237
Subdivision Somerset Of Marco Island
MLS Listing ID 226010665
Style Other,High Rise
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $5,150/qua
HOA Y/N Yes
Annual Recurring Fee 20600.0
Year Built 1990
Annual Tax Amount $12,203
Tax Year 2025
Lot Dimensions Appraiser
Property Sub-Type Condominium
Property Description
Rarely available, Somerset is one of the few buildings from Naples to Marco Island that allows weekly rentals, making this a high-demand, high-revenue property with a strong 5.5% cap rate and excellent 1031 exchange potential.
Renovated 7th-floor Gulf-front condo with direct beachfront access, panoramic ocean views, and western exposure delivering year-round sunsets. The flexible 2BR + enclosed den layout increases rental occupancy and guest capacity—key for maximizing income.
Updated kitchen with granite countertops and custom cabinetry, impact-resistant sliders, and a spacious private lanai overlooking the beach. Offered fully furnished and turnkey—ready to generate rental income immediately.
Resort-style amenities include beachfront pools, tennis, pickleball, fitness center, BBQ areas, gated entry, and on-site management—making this an effortless, income-producing vacation rental.
Location
State FL
County Collier
Community Marco Island
Area Mi01 - Marco Island
Direction East
Rooms
Bedroom Description 2.0
Interior
Interior Features Breakfast Bar, Built-in Features, Dual Sinks, Family/ Dining Room, Kitchen Island, Living/ Dining Room, Cable T V, High Speed Internet
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Furnishings Furnished
Fireplace No
Window Features Impact Glass
Appliance Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Security/ High Impact Doors, Storage
Parking Features Assigned, Detached, Garage, One Space
Garage Spaces 1.0
Garage Description 1.0
Pool Community
Community Features Condo Hotel Community, Elevator, Near Hotel/ Motel
Utilities Available Cable Available
Amenities Available Beach Rights, Beach Access, Bike Storage, Fitness Center, Barbecue, Picnic Area, Pickleball, Pool, Storage, Tennis Court(s)
Waterfront Description Beach Front, Gulf
View Y/N Yes
Water Access Desc Public
View Gulf
Roof Type Metal
Porch Balcony
Garage Yes
Private Pool No
Building
Lot Description Zero Lot Line
Dwelling Type High Rise
Building Description Block,Concrete,Stucco, On Site Management
Faces East
Story 10
Sewer Public Sewer
Water Public
Architectural Style Other, High Rise
Unit Floor 7
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Call, Conditional
HOA Fee Include Association Management,Cable TV,Insurance,Internet,Maintenance Grounds,Sewer,Trash,Water
Senior Community No
Tax ID 73742501661
Ownership Condo
Security Features Smoke Detector(s)
Acceptable Financing All Financing Considered, Cash
Disclosures RV Restriction(s)
Listing Terms All Financing Considered, Cash
Pets Allowed Call, Conditional
Nearby Locations
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