$2,450,000
SOLD APR 4, 2025
3 Beds
3 Baths
1,624 Sq Ft
$1,667/mo HOA Fee

Recently Sold

$1,509 Per Sq Ft

2% Below List Price

92 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Heated Pool
  • Tommie Barfield Elementary School Rated A
  • Gated with Attendant
  • Gulf View

About This Home

As of April 2025

5 STAR BEACHFRONT SPLENDOR with a large rental income. of $260,000 at the Somerset of Marco Island. Set directly on the beautiful Beachfront of Marco Island Florida. Revel to breathtaking views of sand ,sun and sea. Amazing gulf sunsets beckon you. Offering outrageous panoramas that will delight your senses.

Decorated in the latest Coastal tropical décor, you will feel like you have just opened the pages of a magazine, but the reality is all yours to enjoy!! Worthy of the finest Hotels, This condo will “WOW” you and your guests!!

RESTAURANTS WITHIN WALKING DISTANCE!!!! IF YOU ONLY WANT THE BEST!! THIS UNIT Is COMPLETELY UPDATED AND IS TRULY SPECTACULAR! It is unrivaled by any other condol unit or hotel suite!

Breathtaking views of the sugar sand and gulf right the master bedroom or living room! Completely renovated which includes beautiful wide plank hardwood floors throughout, all new furniture, marble bathrooms, deluxe beds, power shades in the master and living room, , the best of appliances, 4 extra large LED High Definition flat screen TV's including a 75 inch TV in the living room and three additional 55 inch TV's in the bedrooms! Two master bedrooms suites each with king size beds and a guest bedroom with two full size beds and a sitting room.. Ultra FABULOUS kitchen with big breakfast bar. Marble countertops and backsplash! Designer cabinets throughout the unit. No detail has been overlooked! USB ports in the wall above nightstands in each bedroom and at the kitchen counter. This unit is extra special!!
Walk-in laundry room equipped with washer and dryer and laundry sink located directly off of the kitchen,
.
Don't forget about all the amenities of the Somerset Condominium building - similar to those of a luxury resort. This luxurious beachfront condominium features two private heated pools, tennis and pickle ball court, beach access, and barbecue grills all within seconds of this condo unit's front door. The building sits directly on Marco's pristine white sandy beach where you can collect shells while leisurely walking along or just sit and watch the tide come and go. The Somerset has a gated street entry and a gated beach entry. The Somerset building is easy to get around in because it features both elevators and stairways and the grounds have lighted pathways throughout tropical, landscaped gardens. The Somerset is also located within walking distance to some of Marco's best restaurants, shopping and entertainment!

Last Agent to Sell the Property

Donna Sterling

Downing Frye Realty Inc. License #NAPLES-249530123 Listed on: 12/04/2024

Downing Frye Realty Inc.

Last Buyer's Agent

Donna Sterling

Downing Frye Realty Inc. License #NAPLES-249530123 Listed on: 12/04/2024

Downing Frye Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,453

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • East Facing Home
  • Gated Home

HOA Fees

  • $1,667 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Concrete Block With Brick
  • Poured Concrete
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,624 Sq Ft Home
  • Furnished
  • Furnished or left unfurnished upon request
  • 4 Ceiling Fans
  • Ceiling Fan
  • Casement Windows
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Balcony
  • Deck
  • Attached Grill

Schools

  • Tommie Barfeld Elementary School
  • Manatee Middle School
  • Lely High School

Utilities

  • Central Heating
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73742500701
  • Tax Block 2

Community Details

Overview

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

Amenities

  • Elevator
  • Lobby

Recreation

  • Community Beach Access
  • Exercise Course

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Card or Code Access
  • Phone Entry
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,453

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,667 per month

Parking

1

Listing Details

  • Legal Description: SOMERSET OF MARCO ISLAND CONDOMINIUM, THE UNIT 311
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Other
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1990
  • Property Information: 5 STAR BEACHFRONT SPLENDOR with a large rental income. of $260,000 at the Somerset of Marco Island. Set directly on the beautiful Beachfront of Marco Island Florida. Revel to breathtaking views of sand ,sun and sea. Amazing gulf sunsets beckon you. Offering outrageous panoramas that will delight your senses. Decorated in the latest Coastal tropical décor, you will feel like you have just opened the pages of a magazine, but the reality is all yours to enjoy!! Worthy of the finest Hotels, This condo will “WOW” you and your guests!! RESTAURANTS WITHIN WALKING DISTANCE!!!! IF YOU ONLY WANT THE BEST!! THIS UNIT Is COMPLETELY UPDATED AND IS TRULY SPECTACULAR! It is unrivaled by any other condol unit or hotel suite! Breathtaking views of the sugar sand and gulf right the master bedroom or living room! Completely renovated which includes beautiful wide plank hardwood floors throughout, all new furniture, marble bathrooms, deluxe beds, power shades in the master and living room, , the best of appliances, 4 extra large LED High Definition flat screen TV's including a 75 inch TV in the living room and three additional 55 inch TV's in the bedrooms! Two master bedrooms suites each with king size beds and a guest bedroom with two full size beds and a sitting room.. Ultra FABULOUS kitchen with big breakfast bar. Marble countertops and backsplash! Designer cabinets throughout the unit. No detail has been overlooked! USB ports in the wall above nightstands in each bedroom and at the kitchen counter. This unit is extra special!! Walk-in laundry room equipped with washer and dryer and laundry sink located directly off of the kitchen, . Don't forget about all the amenities of the Somerset Condominium building - similar to those of a luxury resort. This luxurious beachfront condominium features two private heated pools, tennis and pickle ball court, beach access, and barbecue grills all within seconds of this condo unit's front door. The building sits directly on Marco's pristine white sandy beach where you can collect shells while leisurely walking along or just sit and watch the tide come and go. The Somerset has a gated street entry and a gated beach entry. The Somerset building is easy to get around in because it features both elevators and stairways and the grounds have lighted pathways throughout tropical, landscaped gardens. The Somerset is also located within walking distance to some of Marco's best restaurants, shopping and entertainment!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Furnished Description: Furnished
  • Numberof Ceiling Fans: 4
  • Num Unit Floor: 311
  • Price Per Sq Ft: 1508.62
  • Total Floors: 10
  • Additional Rooms: Balcony, Den/Study, Laundry in Residence
  • Estimated Living Area: 1624
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Wood
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Fire Sprinkler, Walk-In Closet
  • Primary Bathroom: Dual Sinks
  • Windows: Casement, Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block, Poured Concrete
  • Irrigation: Central
  • Road: Paved Road
  • View: Gulf
  • Exterior Features: Built In Grill, Deck, Grill, Tennis Court
  • Exterior Finish: Stucco
  • Private Pool Type: Heated Electric
  • Waterfront Type: On the Gulf Beach

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1
  • Parking: 1 Assigned, Covered, Driveway Paved, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Heat Pump
  • Heat: Central Electric, Heat Pump
  • Security: Entry Keypad, Entry Phone, Entry TV, Gated, Guard At Gate, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-642-5888
  • Approval: Application Fee
  • Management: On-Site
  • Mandatory HOA: Yes
  • Restrictions: No RV
  • Sub Condo Name: SOMERSET OF MARCO ISLAND
  • Maintenance: Cable, Lawn/Land Maintenance, Manager, Pest Control Exterior, Pest Control Interior, Trash Removal, Water
  • Master Hoa Fee: 5000
  • Master HOA Fee Frequency: Quarterly
  • Development Name: MARCO ISLAND

Association/Amenities

  • Pets: Not Allowed
  • Development: Marco Island
  • Amenities: Beach Access, Bike Storage, Exercise Room, Pickleball, Tennis Court
  • Community Type: Gated
  • Units In Building: 122
  • Total Number of Units: 122

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: TOMMIE BARFELD ELEM
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Tommie Barfeld Elem
  • High School: Lely High School
  • Middle School: Manatee Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 311
  • Section: 19
  • Total Area: 2200
  • Waterfront: Yes
  • Zoning Code: 34145
  • Rear Exposure: East
  • Lot Description: Other
  • Parcel Number: 73742500701

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 52
  • Min Days Of Lease: 7

Tax Info

  • Tax Description: City And County
  • Tax District Type: Community Development District
  • Taxes: 12453.40
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
May 2, 2025
Sold by
Flessner Mark Leslie and Kelly Elaine
Bought by
Flessner Properties Llc
Seller's Agent
Donna Sterling
Downing Frye Realty Inc.
Buyer's Agent
Donna Sterling
Downing Frye Realty Inc.
List Price
$2,500,000
Sold Price
$2,450,000
Premium/Discount to List
-$50,000
-2%
Views
21
Current Estimated Value
$2,386,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,580
Avg. Annual Appreciation
-7.67%

Purchase Details

Listed on
Dec 4, 2024
Closed on
Apr 4, 2025
Sold by
Sterling Suites At Somerset Llc
Bought by
Flessner Mark Leslie and Flessner Kelly Elaine
Seller's Agent
Donna Sterling
Downing Frye Realty Inc.
Buyer's Agent
Donna Sterling
Downing Frye Realty Inc.
List Price
$2,500,000
Sold Price
$2,450,000
Premium/Discount to List
-$50,000
-2%
Views
21

Purchase Details

Listed on
Jun 19, 2018
Closed on
Aug 23, 2018
Sold by
Somerest 311 Llc
Bought by
Sterling Suites At Somerest Llc
Seller's Agent
John Covelli
Downing-Frye Realty
Buyer's Agent
John Covelli
Downing-Frye Realty
List Price
$1,590,000
Sold Price
$1,530,000
Premium/Discount to List
-$60,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$757,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2016
Closed on
Jan 5, 2017
Sold by
Annett Tim and Edwards Shawn
Bought by
Somerset 311 Llc
Seller's Agent
Larry Caruso
Premier Sotheby's International Realty
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$1,300,000
Sold Price
$1,050,000
Premium/Discount to List
-$250,000
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.98%

Purchase Details

Closed on
Jan 25, 2006
Sold by
Murphy Kevin D and Murphy Kathleen
Bought by
Annett Tim and Edwards Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,550
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Listed On Document
Warranty Deed $2,450,000 Paradise Coast Title & Escrow
Warranty Deed $2,450,000 Paradise Coast Title & Escrow
Warranty Deed $1,530,000 Alpha Title Svcs Of Floridai
Warranty Deed $1,050,000 Attorney
Warranty Deed $1,450,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $757,000 New Conventional
Previous Owner $303,550 Credit Line Revolving
Previous Owner $1,000,000 Fannie Mae Freddie Mac
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $2,450,000 -2.0% $1,509 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
12/04/2024 12/04/24 For Sale $2,500,000 +63.4% $1,539 / Sq Ft
08/23/2018 08/23/18 Sold $1,530,000 -3.8% $818 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $1,590,000 +51.4% $850 / Sq Ft
01/05/2017 01/05/17 Sold $1,050,000 -19.2% $559 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $1,300,000 -- $693 / 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
2023 $12,453 $1,132,173 $0 $0
2022 $11,227 $1,029,248 $0 $0
2021 $10,124 $935,680 $0 $935,680
2020 $9,895 $919,440 $0 $919,440
2019 $10,082 $919,440 $0 $919,440
2018 $9,661 $878,840 $0 $878,840
2017 $9,310 $836,240 $0 $836,240
2016 $9,083 $793,276 $0 $0
2015 $8,456 $721,160 $0 $0
2014 $7,693 $655,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224097729

Naples Area Board of REALTORS®

APN: 73742500701