$1,475,000
SOLD DEC 28, 2023

The Somerset 780 S Collier Blvd Unit 207 Marco Island, FL 34145

2 Beds
2 Baths
1,580 Sq Ft
$1,133/mo HOA Fee

Recently Sold

$934 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Clubhouse
  • Community Pool
  • Tommie Barfield Elementary School Rated A
  • Furnished
  • Tennis Courts

About This Home

As of December 2023

Seldom available; extra spacious beachfront unit in the highly desired Somerset, which allows weekly rentals. Boasting lanais off its 2 bedrooms; one facing the the Sun rising, and the other looking over the Golf of Mexico for the Sun setting. Noteworthy attributes include: remodelled kitchen and bathroom, diagonal floor ceramic tiles complemented by brand new carpet. Newly installed Hurricane glass sliders and shutters. An in unit laundry and storage space, capacious walk in closets and vanity. And a full size Murphy bed for your extra guests. Full amenity gated complex with; dual pools, BBQ, tennis, pickleball, fitness facility and social activities space.

Last Agent to Sell the Property

Doug Addeo

Community Realty Associates License #NAPLES-276502085 Listed on: 12/06/2023

Last Buyer's Agent

Paul Tateo

Horizons by the Sea Inc License #NAPLES-267500211

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,431

Year Built

  • Built in 1990

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $1,133 Monthly HOA Fees

Parking

  • 1 Parking Garage Space
  • Deeded Parking

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • 2 Ceiling Fans
  • Ceiling Fan
  • Sliding Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Balcony
  • Patio

Schools

  • Tommie Barfield Elementary School
  • Manate Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73742500345

Community Details

Overview

  • 122 Units
  • High-Rise Condominium
  • Somerset Of Marco Island Condos
  • Marco Island Community

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Gulf Boat Access
  • Exercise Course

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,431

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,133 per month

Parking

1

Listing Details

  • Legal Description: SOMERSET OF MARCO ISLAND CONDOMINIUM, THE UNIT 207
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Other
  • Year Built: 1990
  • Directions: From RSW Airport: take interstate 75 south to Exit 101, take Highway 951 south to Marco Island where it turns into Collier Blvd.
  • Property Information: Seldom available; extra spacious beachfront unit in the highly desired Somerset, which allows weekly rentals. Boasting lanais off its 2 bedrooms; one facing the the Sun rising, and the other looking over the Golf of Mexico for the Sun setting. Noteworthy attributes include: remodelled kitchen and bathroom, diagonal floor ceramic tiles complemented by brand new carpet. Newly installed Hurricane glass sliders and shutters. An in unit laundry and storage space, capacious walk in closets and vanity. And a full size Murphy bed for your extra guests. Full amenity gated complex with; dual pools, BBQ, tennis, pickleball, fitness facility and social activities space.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Numberof Ceiling Fans: 2
  • Num Unit Floor: 2
  • Price Per Sq Ft: 933.54
  • Total Floors: 1
  • Room Count: 4
  • Additional Rooms: Balcony
  • Estimated Living Area: 1580
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Other
  • Elevator: Common
  • Flooring: Carpet, Tile
  • Floor Plan: Other
  • Primary Bathroom: 2 Masters, Combo Tub And Shower, Dual Sinks, Shower Only
  • Windows: Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Gulf, Landscaped Area
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1
  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-642-5888
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: SOMERSET OF MARCO ISLAND
  • Condo Fees: 1133
  • Condo Fee Frequency: Monthly
  • Maintenance: Cable, Lawn/Land Maintenance, Manager, Other, Trash Removal
  • Development Name: MARCO ISLAND

Association/Amenities

  • Pets: Not Allowed
  • Development: Marco Island
  • Amenities: Bike Storage, Clubhouse, Community Pool, Exercise Room, Extra Storage, Tennis Court
  • Community Type: Gated
  • Total Number of Units: 122

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: TOMMIE BARFIELD
  • Middle School: MANATE
  • High School: LELY
  • Elementary School: Tommie Barfield
  • High School: Lely
  • Middle School: Manate

Lot Info

  • Builder Product: No
  • Lot Unit: 207
  • Section: 19
  • Total Area: 1880
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 73742500345

Rental Info

  • Lease Limits: Yes
  • Min Days Of Lease: 7

Tax Info

  • Tax Description: No Homestead
  • Taxes: 10430.82
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Dec 29, 2023
Sold by
Arlanbay Real-Estate Inc
Bought by
South Collier One Inc and 711 S Collier Blvd Llc
Seller's Agent
Doug Addeo
Community Realty Associates
Buyer's Agent
Paul Tateo
Horizons by the Sea Inc
List Price
$1,450,000
Sold Price
$1,475,000
Premium/Discount to List
$25,000
1.72%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Jan 28, 1998
Sold by
Seigle Thomas R and Seigle Nina P
Bought by
Arlanbay Real Estate Inc

Purchase Details

Closed on
Jun 2, 1994
Sold by
Caruso Frank V
Bought by
Seigle Thomas R and Seigle Nina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
8.52%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,475,000 First Title & Abstract
Warranty Deed $335,000 --
Warranty Deed $339,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $271,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Price Changed $1,749,000 -2.6% $1,107 / Sq Ft
11/12/2024 11/12/24 For Sale $1,795,000 +21.7% $1,136 / Sq Ft
12/28/2023 12/28/23 Sold $1,475,000 +1.7% $934 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $1,450,000 -- $918 / Sq Ft
Source: Naples Area Board 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 $12,256 $1,409,360 -- $1,409,360
2024 $11,035 $1,343,000 -- $1,343,000
2023 $11,035 $1,032,372 $0 $0
2022 $10,431 $938,520 $0 $0
2021 $9,232 $853,200 $0 $853,200
2020 $8,706 $808,960 $0 $808,960
2019 $8,663 $790,000 $0 $790,000
2018 $8,424 $766,300 $0 $766,300
2017 $8,092 $726,800 $0 $726,800
2016 $8,020 $711,000 $0 $0
2015 $7,764 $660,440 $0 $0
2014 $7,045 $600,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223090554

Naples Area Board of REALTORS®

APN: 73742500345