102 Somerset F 102, West Palm Beach, FL 33417 (MLS# F10548947)

102 Somerset F 102, West Palm Beach, FL 33417

$220,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 989 Status: Active
Current Price: $220,000 List Date: 2/01/2026 Last Modified: 7/15/2026

Overview

Description

First-floor waterfront condo featuring 2 bedrooms and 2 bathrooms with a beautiful, serene water view. Unit is tenant-occupied with reliable rental income of $1,800 per month, offering immediate cash flow. Located in the desirable Somerset community, known for having one of the lowest HOA fees in the village, making it especially attractive for investors. Rentals are allowed with restrictions. Property is being sold with the current tenant in place, ideal for a low-maintenance investment opportunity.

Listing Details MLS# F10548947

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Living Area Main
989
Year Built
1972
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Parking Total
Yes
Gated Community YN
Yes
Senior Community YN
Yes
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Pool Private YN
No
Washer/Dryer Allowed YN
No
LP/Assessed Value
1.25

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Security Association Fee Includes: Common Areas; Maintenance Grounds; Trash Exterior Features: Courtyard; Tennis Court(s) Flooring: Tile Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned; Guest; Detached Garage; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Microwave; Refrigerator; Other Construction Materials: Block Cooling: Ceiling Fan(s) Association Type: Homeowner Association Fencing: Fenced Heating: Central Listing Terms: Cash; Conventional; FHA Lot Features: Fruit Tree(s) Other Equipment: Other Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Lease Restrictions; Limited # Vehicles; Other Restrictions; Parking - No Trailer Security Features: Security Fence; Security Patrol; Other Sewer: Public Sewer Structure Type: Multi Family Tax Information: City/County Unit Description: Corner/End Unit Water Access: Other Water Source: Public Water View: Canal Waterfront Features: Canal Front Canal Width: Canal Width 1-80 Feet Showing Requirements: 24 Hour Notice; Appointment Only Outdoor Living Spaces: Porch Porch Details: Porch - Screened Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
220000
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
102
Street Name
Somerset F
Unit Number
102
City Name
West Palm Beach
State Or Province
FL
Postal Code
33417
Postal Code +4
2117
Postal Zip
33417
Subdivision Name
Century Village
Area
5400
Geographic Area
PB24
Special Assessment YN
No
Parcel Number
00424323340061020

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
375
Association Fee Frequency
Monthly
Association Membership
Voluntary
Application Required YN
Yes
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
375
Membership Fee Required YN
No
Tax Annual Amount
2129
Tax Year
2025
Tax Assessed/SOH Value
175389
Tax Legal Description
SOMERSET COND F PAR 102
Assessor Market Value
175389

Status Change Information

Major Change Timestamp
2026-02-01T15:39:04Z
Major Change Type
New Listing
Status Change Date
2026-02-08

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry

Leasing Permitted Details

Leasing Permitted YN
Yes

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Price Calculations

Current Price To SqFt
222.44

Section Details

Parcel Number MLX
1020

Originating Details

Originating System Key
609412796
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: Real Estate Center of West Palm Beach
Last Updated: July - 15 - 2026
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