$220,000
102 Somerset F 102
West Palm Beach, FL 33417
MLS# F10548947
2 beds  |  3 baths


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Property 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.

Details
Contract Information
Comp Sale YN: No
Listing Contract Date: 2026-02-01
Status: Active
Original List Price: 220000
List Price: $220,000
Current Price: $220,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Zip: 33417
Geographic Area: PB24
Country: United States
Street Number: 102
Street Name: Somerset F
Unit Number: 102
State Or Province: FL
Postal Code: 33417
Postal Code +4: 2117
Subdivision Name: Century Village
Area: 5400
Parcel Number: 00424323340061020
General Property Information
Unit Floor #: 1
Living Area Main: 989
Gated Community YN: Yes
Senior Community YN: Yes
Outdoor Living Spaces YN: Yes
Land Lease YN: Yes
Stories Total: 2
LP/Assessed Value: 1.25
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: 1
Year Built: 1972
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Waterfront YN: 1
Financial Information
Application Required YN: Yes
Membership Fee Required YN: No
Tax Assessed/SOH Value: 175389
Assessor Market Value: 175389
Association YN: 1
Association Fee: 375
Association Fee Frequency: Monthly
Tax Annual Amount: 2129
Tax Year: 2025
Tax Legal Description: SOMERSET COND F PAR 102
Office/Member Information
DXORIGMLSID: FLL
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
3-4 Weeks Approval: 1
Amenities
Billiard Room: 1
Clubhouse: 1
Fitness Center: 1
Library: 1
Pickleball Court(s): 1
Pool: 1
Sauna: 1
Storage: 1
Association Amenities
Security: 1
Association Fee Includes
Common Areas: 1
Maintenance Grounds: 1
Trash: 1
Entry Information
Entry Level: 1
Entry Location: First Floor Entry
Exterior Features
Courtyard: 1
Tennis Court(s): 1
Flooring
Tile: 1
Parking Features
Assigned: 1
Guest: 1
Detached Carport: 1
Detached Garage: 1
Garage: 1
Property Condition
Resale: 1
Co-Ownership
Property Management YN: No
Fencing
Fenced: 1
Possession
Close Of Escrow: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Unit Description
Corner/End Unit: 1
Water Access
Other: 1
Water View
Canal: 1
Appliances
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Other: 1
Construction Materials
Block: 1
Land Lease Information
Land Lease Amount: 0
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Lot Features
Fruit Tree(s): 1
Other Equipment
Other: 1
Security Features
Security Fence: 1
Security Patrol: 1
Other: 1
Waterfront Features
Canal Front: 1
Recreation Lease Information
Recreation Lease Amount: 178
Recreation Lease Amount Frequency: Monthly
Cooling
Ceiling Fan(s): 1
Association Type
Homeowner Association: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Showing Service: 1
Main Level Rooms
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Restrictions
Limited # Vehicles: 1
Other Restrictions: 1
Parking - No Trailer: 1
Tax Information
City/County: 1
Price Calculations
Current Price To SqFt: 222.45
Section Details
Parcel Number MLX: 1020
Status Change Information
Major Change Timestamp: 2026-02-01T15:39:04Z
Major Change Type: New Listing
Status Change Date: 2026-02-08
Originating Details
Originating System Key: 609412796
Originating System ID: M00000170
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
Parking Features: Assigned; Guest; Detached Carport; Detached Garage; Garage
Property Condition: Resale
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
Possession: Close Of Escrow
Restrictions: Limited # Vehicles; Other Restrictions; Parking - No Trailer
Security Features: Security Fence; Security Patrol; Other
Tax Information: City/County
Unit Description: Corner/End Unit
Water Access: Other
Water View: Canal
Waterfront Features: Canal Front
Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service

IDX
Listing Office: Real Estate Center of West Palm Beach

Last Updated: March - 18 - 2026

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