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29 Somerset St

Alys Beach, FL 32461

1 bd 2 ba 1,003 sqft Built 2017 condos
Most recent sale
$1,885,000
Jan 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 9, 2024 Sold $1,885,000 NWFlorida
Jan 8, 2024 Listed $1,900,000 NWFlorida
Jan 29, 2020 Sold $1,200,000 NWFlorida
Jul 5, 2017 Sold $1,050,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,367,730 $1,367,730 $15,730
2022 $1,022,704 $12,858
2021 $929,731 $929,731 $12,593
2020 $929,731 $929,731 $11,695
2019 $911,496 $911,496 $11,466
2018 $893,623 $893,623 $11,333
2017 $97,882 $97,882 $3,392

Property facts

Year built
2017
Property type
condos
Stories
Beds
1
Baths
2
Living area
1,003 sqft
Lot size
ZIP code
32461
City
Alys Beach
Street
Somerset St
Coordinates
30.28503, -86.02888

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$11,310
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 29 Somerset St last sell?
29 Somerset St most recently sold on Jan 9, 2024 for $1,885,000.
What is the current tax assessment for 29 Somerset St?
The most recent total assessment for 29 Somerset St (year 2025) is $1,367,730 with $15,730 in property tax.
How does 29 Somerset St's assessment compare to its last sale price?
The current assessment is 27.4% below the last sale price of $1,885,000.
When was 29 Somerset St built?
29 Somerset St was built in 2017.
How does 29 Somerset St compare to others on Somerset St?
We track 8 other properties on Somerset St. Browse the list under "Other properties on Somerset St" to compare beds, baths, and sale history.
What are the property facts for 29 Somerset St?
29 Somerset St is a 1 bed, 2 bath, 1,003 sqft condos.
Is 29 Somerset St a flip candidate?
No — 29 Somerset St does not appear in our flips dataset.
Is 29 Somerset St a tax-appeal candidate?
No — 29 Somerset St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$2.47M
2026 Q4
$2.49M
ZIP 32461 — Median Price History + Forecast

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