780 S Collier Blvd 703

Marco Island, FL 34145

$1,795,000

$1238 per ft²
$1,795,000
$1238 per ft²
Active
Active
 - For Sale
beds
2 Beds
baths
2 Baths
carpenters-square
1450 ft²
property_type
High Rise (8+)
calendar
Built 1990
Newly priced beachfront weekly rental with $140K+ income potentialone of the best investment opportunities on Marco Island.

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 capacitykey 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 turnkeyready to generate rental income immediately.

Resort-style amenities include beachfront pools, tennis, pickleball, fitness center, BBQ areas, gated entry, and on-site managementmaking this an effortless, income-producing vacation rental.

MLS# 226010665

Interior Features

Appliances:   Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Washer
Cooling:   Central Electric
Heating:   Central Electric
Flooring:   Tile
Furnished?:   Furnished
Misc Interior:   Common Elevator, Den - Study, Built-In Cabinets, Wired for Data

Exterior/Building Features

Acres:   0
Building Name:   MARCO ISLAND
Community Features:   BBQ - Picnic, Beach Access, Bike Storage, Pool, Fitness Center, Extra Storage, Internet Access, Pickleball, Tennis Court(s), Condo/Hotel
Construction Materials:   Concrete Block, Concrete, Stucco
Garage Spaces:   1
Levels:  
Parking Features:   1 Assigned, Detached
Security Features:   Smoke Detector(s), Smoke Detectors
Other Exterior:   Balcony, Storage

School Information

High School:   null
Middle School:   null
Elementary School:   null

Other Property Details

Pets Allowed:   With Approval
Owner Pays:  
Other Exterior:   Balcony, Storage
Num Units In Community:   122

 

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this one are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Data last updated

Kevin Bartlett
Knowledgebase Real Estate

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