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Bean Group
Offered at $220,000Active
beds
2
baths
3
sq ft
989
Built
1972

102 Somerset F #102

West Palm Beach, FL 33417

About this home

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 last checked: Listing updated:

Listed by Nona Winters · Real Estate Center of West Palm Beach · MLS #F10548947

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Details at a glance

Interior3 property facts
Heating
Central
Cooling
Ceiling Fan(s)
Flooring
Tile
Building4 property facts
Style
Condominium
Year built
1972
Garage
1
Parking
1
Land & utilities4 property facts
Lot size
0 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$2,129
Assessment year
2025
HOA fee
$375 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $220,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,290 / monthAdjust
Principal & interest
$1,112
Property tax
$177
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,129. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $375. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Comparable properties 3 supplied

Sold Jul 15, 2026

$231,265

5600 N Flagler Drive #1502

Sold Aug 6, 2026

$225,000

2550 Presidential Way #301

Sold Jul 1, 2026

$210,000

617 Sea Pine Way #D2

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About 102 Somerset F #102

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Request a tour of 102 Somerset F #102 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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