$1,999,999
$150K PRICE DROP

Estimated payment $13,653/month

Total Views 3,036
2 Beds
2 Baths
1,588 Sq Ft
$1,259 Price per Sq Ft

Highlights

  • Beach Front
  • Community Beach Access
  • Gulf View
  • Tommie Barfield Elementary School Rated A
  • Heated Pool
  • Lanai

About This Home

This is the one you’ve been searching for…. Step in to a live watercolor painting as you watch the spectacular endless views of water and sky from this exquisite 7th floor beachfront condo on the white sands of Marco Island. The majestic view of the Gulf seen from this higher level floor is truly a game changer! Completely renovated and offered turnkey furnished with the highest quality finishes, decor, appliances, and accoutrements. Upon entering, you will notice the clean, crisp, coastal, beach home vibe with wood-look tile flooring, pristine white walls and shiplap accents, curated quartz counters, beautiful lighting, and storage galore. Luxurious primary suite with additional built-ins for storage, generous guest room and bath, extra lounge area, spacious dining and living room, plus a fabulously designed all white kitchen and coffee bar. All the designer furnishings were selected in subdued coastal shades of white, cream, and grey allowing the magnificent view to steal the show! An additional private balcony from the entry and guest room offers sparkling city lights in the evening, plus a peek at the waters of Caxamba’s Pass. Every inch of this home was designed creatively, aesthetically and functionally. Never rented, and lovingly cared for by the original family, this rare opportunity doesn’t present itself often. This one of a kind home on the beach offers that perfect combination of comfort and casual sophistication that is undeniably unforgettable. The Somerset of Marco Island, at the loveliest southern end of the island, is extremely well maintained, lushly landscaped, and well thought out with 2 banks of elevators, wide, well lit hallways, ample parking, storage lockers, 2 heated pools, library, event space, exercise room, outdoor grilling area, tennis and pickle ball courts, gated at the entry drive and from the beach. Building management is in-house, friendly, and efficient, and the flexible rental policy allows investors the opportunity for generous rental income. Do not miss experiencing this very special home in the very special place!

Listing Agent

Lori Grandon

Downing Frye Realty Inc. License #NAPLES-249526518 Listed on: 02/27/2025

Downing Frye Realty Inc.

Co-Listing Agent

Corey Geddis

Downing-Frye Realty License #NAPLES-249514789

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,837

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • West Facing Home

HOA Fees

  • $1,717 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • 1 Parking Garage Space

Home Design

  • Turnkey
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 1,588 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Built-In Bedroom Cabinets
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Balcony
  • Lanai
  • Attached Grill

Schools

  • Tommie Barfield Elementary School
  • Marco Island Charter Middle School
  • Marco Usland Charter Academy High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73742501768

Community Details

Overview

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

Amenities

  • Trash Chute
  • Elevator

Recreation

  • Community Beach Access
  • Exercise Course

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,837

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,717 per month

Parking

1

Listing Details

  • Legal Description: SOMERSET OF MARCO ISLAND CONDOMINIUM, THE UNIT 708
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Other
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1990
  • Directions: Business card to guard gate then proceed to the main building covered passage to the right, to the bank of elevators on the Right ( North ) side to the 7th floor. Unit is the last one on the left. #708
  • Property Information: This is the one you’ve been searching for…. Step in to a live watercolor painting as you watch the spectacular endless views of water and sky from this exquisite 7th floor beachfront condo on the white sands of Marco Island. The majestic view of the Gulf seen from this higher level floor is truly a game changer! Completely renovated and offered turnkey furnished with the highest quality finishes, decor, appliances, and accoutrements. Upon entering, you will notice the clean, crisp, coastal, beach home vibe with wood-look tile flooring, pristine white walls and shiplap accents, curated quartz counters, beautiful lighting, and storage galore. Luxurious primary suite with additional built-ins for storage, generous guest room and bath, extra lounge area, spacious dining and living room, plus a fabulously designed all white kitchen and coffee bar. All the designer furnishings were selected in subdued coastal shades of white, cream, and grey allowing the magnificent view to steal the show! An additional private balcony from the entry and guest room offers sparkling city lights in the evening, plus a peek at the waters of Caxamba’s Pass. Every inch of this home was designed creatively, aesthetically and functionally. Never rented, and lovingly cared for by the original family, this rare opportunity doesn’t present itself often. This one of a kind home on the beach offers that perfect combination of comfort and casual sophistication that is undeniably unforgettable. The Somerset of Marco Island, at the loveliest southern end of the island, is extremely well maintained, lushly landscaped, and well thought out with 2 banks of elevators, wide, well lit hallways, ample parking, storage lockers, 2 heated pools, library, event space, exercise room, outdoor grilling area, tennis and pickle ball courts, gated at the entry drive and from the beach. Building management is in-house, friendly, and efficient, and the flexible rental policy allows investors the opportunity for generous rental income. Do not miss experiencing this very special home in the very special place!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 708
  • Price Per Sq Ft: 1259.45
  • Total Floors: 10
  • Room Count: 6
  • Additional Rooms: Balcony, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 1588
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Formal
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer, Wine Cooler
  • Flooring: Tile
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fire Sprinkler, Foyer, Smoke Detectors, Window Coverings
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road
  • View: Gulf
  • Exterior Features: Built In Grill, 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, Driveway Paved, Paved Parking, Under Bldg Open

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Heat Pump
  • Heat: Central Electric, Heat Pump
  • 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
  • Master Hoa Fee: 5150
  • 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, Trash Chute
  • Community Type: Gated
  • Units In Building: 122
  • Total Number of Units: 122

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: TOMMIE BARFIELD
  • Middle School: MARCO ISLAND CHARTER MS
  • High School: MARCO USLAND CHARTER ACADEMY
  • Elementary School: Tommie Barfield
  • High School: Marco Usland Charter Academy
  • Middle School: Marco Island Charter Ms

Lot Info

  • Builder Product: No
  • Lot Unit: 708
  • Section: 19
  • Total Area: 1888
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 73742501768

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: 11836.68
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,601 $1,092,872 $0 $0
2022 $11,008 $993,520 $0 $0
2021 $9,773 $903,200 $0 $903,200
2020 $9,245 $858,960 $0 $858,960
2019 $9,211 $840,000 $0 $840,000
2018 $8,974 $816,300 $0 $816,300
2017 $8,537 $766,800 $0 $766,800
2016 $8,415 $746,000 $0 $0
2015 $8,158 $693,440 $0 $0
2014 -- $630,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $1,999,999 -7.0% $1,259 / Sq Ft
02/27/2025 02/27/25 For Sale $2,150,000 -- $1,354 / Sq Ft
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $960,000 Attorney
Source: Public Records

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Source: Naples Area Board of REALTORS®

MLS Number: 225021042

Naples Area Board of REALTORS®

APN: 73742501768