Don't miss this rare opportunity to own a 3-bed/2.5-bath condo at Somerset at the Reef, located on the pristine shores of Sanibel. This first-level living condo is an architectural delight, beloved by the public for its unique design and appeal. Featuring 2,023 square feet of living space, this condo features impact windows and several rooms with views of the pool and Gulf. Enjoy the tranquility of a low-density complex with designated parking and storage units under the building. As an end unit, you'll relish added privacy and space. Somerset offers residents access to an oversized community pool with breathtaking Gulf views, tennis & pickleball courts. Situated on six acres, this low-density complex comprises just 30 units, ensuring a peaceful atmosphere. Additionally, there is $102,648.58 in insurance proceeds allocated to the unit for repair & remodeling to add your personal style. Approval from the Board of Directors is required before utilizing these funds, which can only be used for remodeling purposes. This is your chance to embrace the private and perfect island lifestyle you've been dreaming of!
Taxes (Tax Year 2022) | $4,748 |
Amenity Rec Fee | $0 |
Condo Fee | $3,200 |
Land Lease Fee | $0 |
Mandatory Club Fee | $0 |
Special Assessment | $0 |
Master HOA Fee | $0 |
HOA Fee | $0 |
Application Fee | $0 |
Transfer Fee | $0 |
Total Annual Recurring Fees | $12,800 |