2 Beds
2 Baths
1,450 SqFt
2 Beds
2 Baths
1,450 SqFt
Key Details
Property Type Condo
Sub Type High Rise (8+)
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 Resale Property
Bedrooms 2
Full Baths 2
HOA Fees $20,600
HOA Y/N Yes
Min Days of Lease 7
Leases Per Year 52
Year Built 1990
Annual Tax Amount $12,203
Tax Year 2025
Property Sub-Type High Rise (8+)
Source Naples
Land Area 1695
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 Condo/Hotel
Area Marco Island
Rooms
Dining Room Breakfast Bar, Dining - Family
Kitchen Island
Interior
Interior Features Built-In Cabinets, Smoke Detectors
Heating Central Electric
Flooring Tile
Equipment Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Smoke Detector, Washer
Furnishings Furnished
Fireplace No
Appliance Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Washer
Heat Source Central Electric
Exterior
Exterior Feature Balcony, Storage
Parking Features 1 Assigned, Detached
Garage Spaces 1.0
Pool Community
Community Features Pool, Fitness Center, Tennis Court(s)
Amenities Available Barbecue, Beach Access, Bike Storage, Pool, Fitness Center, Storage, Internet Access, Pickleball, Tennis Court(s)
Waterfront Description Gulf Frontage,On the Gulf Beach
View Y/N Yes
View Gulf
Roof Type Metal
Total Parking Spaces 1
Garage Yes
Private Pool No
Building
Lot Description Zero Lot Line
Building Description Concrete Block,Poured Concrete,Stucco, DSL/Cable Available
Story 10
Water Central
Architectural Style High Rise (8+)
Level or Stories 10
Structure Type Concrete Block,Poured Concrete,Stucco
New Construction No
Others
Pets Allowed With Approval
Senior Community No
Tax ID 73742501661
Ownership Condo
Security Features Smoke Detector(s)
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Agent | SL3392363