NOT LISTED FOR SALE

The Somerset 780 S Collier Blvd Unit 105 Marco Island, FL 34145

Estimated Value: $1,167,000 - $1,896,000

2 Beds
2 Baths
1,288 Sq Ft
1990 Built

Last Sold June 04, 2024

Last sale price $1,850,000 $1,436 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $9,230/month

20 Days on Market

Highlights

  • Beach View
  • Community Cabanas
  • No HOA
  • Tommie Barfield Elementary School Rated A
  • Fitness Center
  • Tennis Courts

About This Home

As of June 2024

Enjoy the beautiful Marco sunsets from this Gulf facing unit. Rarely available unit that has a private spiral staircase that leads from your lanai down to the beach. Image living directly on the beach!
Included is a beach level cabana that is approximately 1200 square feet. Upscaled beachfront condo has a total recent remodel with a flex room off of bedroom. Hurricane rated Impact windows and doors in unit. Exceptional weekly unit that can generate substantial income. Ideally located close to restaurants, shopping , entertainment and other conveniences.

Last Agent to Sell the Property

Joe Contarino

RE/MAX Alliance Group License #3230639 Listed on: 04/12/2024

RE/MAX Alliance Group

Last Buyer's Agent

Julie Wilson

Premier Sotheby's International Realty License #0655496

Premier Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,023

Year Built

  • Built in 1990

Lot Details

  • West Facing Home
  • Landscaped

Parking

  • 1 Car Garage

Property Views

Home Design

  • 1,288 Sq Ft Home
  • Entry on the 1st floor
  • Turnkey
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Additional Features

  • Breakfast Bar
  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 73742500086

Community Details

Overview

  • No Home Owners Association
  • Application Fee Required
  • $1,667 Maintenance Fee
  • Association fees include cable TV, ground maintenance, pest control, security, trash, internet, water, sewer
  • 122 Units
  • Somerset Community
  • Somerset Of Marco Island Condo, The Subdivision
  • Park Phone (239) 642-5888
  • Property managed by Somerset of Marco
  • 10-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute

Recreation

  • Recreation Facilities
  • Community Cabanas

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,023

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Somerset Of Marco Island Condo, The
  • Building Name: SOMERSET
  • Year Built: 1990
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Beach
  • Location Tax and Legal:Parcel Number: 73742500086
  • Location Tax and Legal:Tax Annual Amount: 10023.0
  • Location Tax and Legal:Tax Year: 2023
  • Location Tax and Legal:Land Lease YN: No
  • General Property Information:Condominium Name: SOMERSET
  • General Property Information:Stories Total: 10
  • General Property Information:Unit Floor: 1
  • General Property Information:Furnished: Turnkey
  • General Property Information:Flood Plain: Yes
  • General Property Information:AC SqFt: 1288.0
  • General Property Information:Rear Exposure: West
  • General Property Information:Boat Dock: No
  • General Property Information:Community Pool: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:HOA YN: No
  • General Property Information:Application Fee: 100.0
  • General Property Information:Maintenance Fee Per Month: 1667.0
  • Contract Information:Management Firm: Somerset of Marco
  • Contract Information:Manager Phone: 239-642-5888
  • General Information Details:Number Of Units Total: 122
  • Approval:Application Fee3: Yes
  • Cooling:Central Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Floor:Tile: Yes
  • Hot Sheet:Condominium: Yes
  • Maintenance Includes:Cable TV: Yes
  • Maintenance Includes:Landscaping: Yes
  • Maintenance Includes:Management: Yes
  • Maintenance Includes:Trash: Yes
  • Primary BedroomBath Description:Shower Only: Yes
  • General Property Information:Boat Lift: No
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Split Bedrooms: Yes
  • View:Gulf: Yes
  • View:Long Water: Yes
  • Floor:Carpet: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer: Yes
  • Maintenance Includes:Water: Yes
  • Maintenance Includes:InternetWifi: Yes
  • Maintenance Includes:Security: Yes
  • Maintenance Includes:Recreation Facilities: Yes
  • Pets Allowed:No: Yes
  • View:Beach2: Yes
  • Roof:Built-Up: Yes
  • Special Features: VirtualTour
  • Stories: 10

Interior Features

  • Furnished: Turnkey
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Concrete, Tile, See Remarks
  • Interior Amenities: Breakfast Bar, Double Vanity
  • Living Area: 1288.0
  • Stories: 10

Exterior Features

  • Pool Private: No
  • View: Beach, Gulf, Long Water
  • Construction Type: Concrete Block Structure, Stucco
  • Roof: Built-Up
  • Construction Materials:Concrete Block Structure: Yes
  • Construction Materials:Stucco: Yes
  • Construction Materials:Concrete: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Property Information:Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Barbecue, Bike Storage, Cabana, Exercise Room, Fitness Center, Pickleball, Pool, Tennis Court(s), Trash Chute
  • Association: No
  • Pets Allowed: No

Association/Amenities

  • Association Amenities:Barbecue: Yes
  • Association Amenities:Pool: Yes
  • Association Amenities:Cabana: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Pickleball: Yes
  • Association Amenities:Tennis Court(s): Yes
  • Association Amenities:Exercise Room: Yes
  • Association Amenities:Bike Storage: Yes
  • Association Amenities:Trash Chute: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Pest Control, Security, Trash, Internet, Water, Sewer

Lot Info

  • Land Lease: No
  • Parcel #: 73742500086

Multi Family

  • Number Of Units In Community: 122

Tax Info

  • Tax Annual Amount: 10023.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jun 4, 2024
Sold by
Jastyjes Llc
Bought by
Max And Bradley Investments Llc
Seller's Agent
Joe Contarino
RE/MAX Alliance Group
Buyer's Agent
Julie Wilson
Premier Sotheby's International Realty
List Price
$1,925,000
Sold Price
$1,850,000
Premium/Discount to List
-$75,000
-3.9%
Views
23
Current Estimated Value
$1,570,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$279,843
Avg. Annual Appreciation
-12.03%
Original Mortgage
$1,295,000
Outstanding Balance
$1,278,411
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$291,746

Purchase Details

Closed on
Nov 30, 2011
Sold by
Pazell Mary and Gray Thomas W
Bought by
Jastyjes Llc

Purchase Details

Closed on
Nov 20, 1995
Sold by
Pazell John A
Bought by
Pazell John A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Max And Bradley Investments Llc $1,850,000 None Listed On Document
Jastyjes Llc $685,000 Island Title
Pazell John A $110,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Max And Bradley Investments Llc $1,295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $1,850,000 -3.9% $1,436 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $1,925,000 -- $1,495 / Sq Ft
Source: Marco Island Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,371 $1,267,624 -- $1,267,624
2024 $10,024 $1,074,383 -- --
2023 $10,024 $976,712 $0 $0
2022 $9,315 $887,920 $0 $0
2021 $8,734 $807,200 $0 $807,200
2020 $8,341 $775,000 $0 $775,000
2019 $8,286 $755,680 $0 $755,680
2018 $7,723 $695,740 $0 $0
2017 $7,145 $632,491 $0 $0
2016 $6,691 $574,992 $0 $0
2015 $6,210 $522,720 $0 $0
2014 $5,576 $475,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2240960

APN: 73742500086