Somerset Cay Condos in Siesta Key FL
Condos for sale in Somerset Cay, which is located in Siesta Key, FL, are displayed below and updated multiple time a day from the MLS.
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More often than not, when people think about Siesta Key the first thing that pops into their minds is it being one of the more popular vacation spots in the country. What they do not often realize is that Siesta Key is home to thousands of permanent and temporary residents. And just when you think that it would cost you an arm and a leg to acquire a condo unit in this part of the world, prices of most Siesta Key condos have been reduced.
There are a number of Siesta Key real estate properties to choose from in this barrier island. But if you are extremely particular with exclusivity, then Somerset Cay at 9122 Midnight Pass Road is worth checking out. This bay front property consists of only 11 units. Built just in 2003, Somerset Cay is one of the newest residential developments in the island while other communities were built as far back as the 1970s.
Typical Somerset Cay condos for sale have three bedrooms, three bathrooms and a two-car garage. That kind of unit should have a floor area of 2,500 square feet and can have a starting price of around $950,000. Close to two of Siesta Key’s three internationally renowned beaches, Somerset Cay has excellent rental potential. All units in this development have a two month rental minimum and residents can earn a tidy profit out of renting their units out.
The amenities offered by Somerset Cay rival those featured by various resorts. Ideal for boating and sailing enthusiasts, this community has private boat docks. The property itself is strategically located so that it overlooks the Gulf of Mexico as well as the Intracoastal Waterway. Residents also share the use of the property’s fitness center. Finally, Somerset Cay has a large swimming pool with spa as well as a cabana with granite bar.
The first beach which is located close to the community is Turtle Beach. This stretch of sand is unique from the other two beaches in the island in that it has a coarser sand quality. Because of this, Turtle Beach is conducive for collecting shells. In fact, it is common to find petrified shark’s teeth after a storm. Turtle Beach has its own boat launch, picnic area, playground and volleyball court, and horseshoe pit. Fishing is allowed at the nearby Blind Pass Lagoon.
Situated north of Somerset Cay, Crescent Beach is a secluded stretch of sand which privacy-loving individuals will cherish. Popular to snorkelers and divers for another reason, Crescent Beach hosts Point of Rocks. A known diving site in the Gulf of Mexico, Point of Rocks features a coral formation which has been inhabited by various species of colorful tropical fishes.