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  • $1,260,000

    515 Useppa Is, Useppa Island, FL 33921

    3beds
    1,708sqft
    : 
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    Duplex, Single Family Residence
    Built in 1980
    -- sqft lot
    $1,149,700 Zestimate®
    $738/sqft
    $-- HOA

    What's special

    Wraparound deckVintage coastal accoutrementsCustom tile accentsImpact-rated windows and doorsSerena and lilly furnishingsWaterfront villa
    Introducing Laguna Cottage, a beautifully updated waterfront villa located within the charming Village enclave of Useppa Island. Positioned to capture picturesque northwest-facing views over Pine Island Sound and the Intracoastal Waterway, this thoughtfully designed 3-bedroom, 2-bath residence with office/den offers 1,708± square feet of air-conditioned living space, an uncommon find among similar units on Useppa. This attached villa has been tastefully updated and appointed with impact-rated windows & doors, Serena & Lilly furnishings, and vintage coastal accoutrements, blending timeless coastal character with modern comfort. The open-concept living and dining areas are filled with natural light and showcase captivating water views from both the first and second floors. A welcoming fireplace adds warmth and charm to the main living space, while multiple outdoor seating areas invite quiet mornings, sunset gatherings, and evening stargazing. The updated and fully equipped kitchen features stainless steel appliances, including a propane range, custom tile accents, abundant cabinetry, and functional workspace ideal for both casual living and entertaining. Rich design details throughout the home include recessed lighting, stylish fixtures, and numerous ceiling fans that complement the island aesthetic. Recent improvements enhance both comfort and peace of mind, including a new roof installed in 2024, two-zoned HVAC systems replaced in November 2024, new tankless water heater, dishwasher, disposal, and propane tank in late 2025. Additional landscape improvements were completed in spring 2026, further enhancing the property’s inviting outdoor setting with lush tropical foliage. Plans to install pavers leading to the entrance are underway, with installation scheduled for the near future. The flexible floor plan offers the opportunity for a primary suite upstairs or downstairs. On the ground floor is a spacious bedroom with a full en-suite bath, complete with direct access to the wraparound deck. Upstairs is another primary option with a sitting room, separate office, and private balcony overlooking the water toward Boca Grande. Another guest room with Jack-and-Jill bath complements it all. Ownership includes dockage for one vessel up to 24 feet at a community dock located directly behind the cottage, offering convenient access to the surrounding waters of Southwest Florida. Laguna Cottage offers a turnkey opportunity to establish a true island lifestyle upon closing, complete with the convenience of dockage and world-class water views. Useppa Island is a private membership-only island, and all interested parties are encouraged to explore all aspects of its private Club and what it has to offer residents. The Club came under new ownership in 2025 and is undergoing a comprehensive, multi-million-dollar renovation of its facilities and infrastructure in an effort to create a one-of-a-kind private island experience.
    50 days
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    134
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rogan White 239-671-1710,

    Century 21 Sunbelt Realty,

    Chris Miles 239-246-6464,

    Century 21 Sunbelt Realty

    Source: Florida Gulf Coast MLS,MLS#: 2026022591MLS LogoOriginating MLS: Florida Gulf Coast

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bathroom, Den, Guest Quarters, Office, Other
      Heating
      • Central, Electric, Zoned
      Cooling
      • Central Air, Electric, Zoned
      Appliances
      • Included: Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
      • Laundry: Inside
      Features
      • Built-in Features, Bedroom on Main Level, Fireplace, Living/Dining Room, Other, See Remarks, Shower Only, Separate Shower, Tub Shower, Window Treatments, Home Office, Split Bedrooms, Bathroom, Den, Guest Quarters, Office, Other
      • Flooring: Other, Tile
      • Windows: Other, Impact Glass, Window Coverings
      • Has fireplace: Yes
      • Furnished: Yes
      Interior area
      • Total structure area: 2,469
      • Total interior livable area: 1,708 sqft

      Property

      Parking
      • Parking features: Driveway, Golf Cart Garage, Unpaved
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Deck, Open, Patio, Porch
      • Exterior features: Deck, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Grill, Other, Patio, Gas Grill
      • Pool features: Community
      • Has view: Yes
      • View description: Bay, Landscaped, Mangroves, Trees/Woods, Water
      • Has water view: Yes
      • Water view: Bay,Water
      • Waterfront features: Bayfront, Across the Road Water Frontage
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 33 x 92 x 28 x 91
      • Features: Other, Sprinklers Automatic
      Details
      • Additional structures: Guest House Attached
      • Parcel number: 0944210200003.0000
      • Lease amount: $0
      • Zoning description: RM-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story,Duplex
      • Property subtype: Duplex, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding, Wood Frame
      • Foundation: Pillar/Post/Pier, Raised
      • Roof: Metal
      Condition
      • Resale
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Not Available, Natural Gas Available, High Speed Internet Available, Underground Utilities

      Community & HOA

      Community
      • Features: Boat Facilities, Street Lights
      • Security: Smoke Detector(s)
      • Condo and coop fee: $0
      • Membership fee: $475 monthly
      • Subdivision: USEPPA ISLAND
      HOA
      • Has HOA: No
      • Amenities included: Bocce Court, Boat Dock, Marina, Fitness Center, Other, Pickleball, Private Membership, Pool, Restaurant, Spa/Hot Tub, See Remarks, Tennis Court(s), Trail(s)
      • Services included: Other, Road Maintenance, Street Lights, Trash
      • HOA phone: 239-283-1061
      Location
      • Region: Useppa Island

      Financial & listing details

      • Price per square foot: $738/sqft
      • Tax assessed value: $567,155
      • Annual tax amount: $8,838
      • Date on market: 5/26/2026
      • Cumulative days on market: 50 days
      • Listing terms: All Financing Considered,Cash
      • Ownership: Single Family

        Estimated market value

        $1,149,700

        $1.09M - $1.21M

        $1,435/mo

        Price history

        DateEventPrice
        5/26/2026Listed for sale$1,260,000+140%$738/sqft
        Source: Florida Gulf Coast MLS #2026022591 Report a problem
        7/12/2019Sold$525,000+23.5%$307/sqft
        Source: Public Record Report a problem
        5/22/2017Sold$425,000-9.6%$249/sqft
        Source: Public Record Report a problem
        10/16/2013Sold$470,000-12.1%$275/sqft
        Source: Public Record Report a problem
        4/8/2004Sold$535,000+205.7%$313/sqft
        Source: Public Record Report a problem
        10/14/1997Sold$175,000$102/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,839 +166.9%$567,155 +167.9%
        2024$3,312 -37.2%$211,717 -35.9%
        2023$5,273 -20.1%$330,398 -21.4%
        2022$6,603 +19.4%$420,134 +10%
        2021$5,529 +7.2%$381,940 +10%
        2020$5,156 -1.9%$347,218 -0.9%
        2019$5,257 $350,448 +9.6%
        2018$5,257 +8.5%$319,767 +0.8%
        2017$4,845 -1.4%$317,354 +12%
        2016$4,915 +9.2%$283,316 -3.5%
        2015$4,499 -6.8%$293,599 -33.6%
        2014$4,826 -34.4%$441,905 +8.7%
        2013$7,362 +8%$406,602 -11%
        2012$6,816 -24.8%$456,858 -22.9%
        2011$9,069 -2.1%$592,325 0%
        2010$9,263 -6.8%$592,562 -7.7%
        2009$9,938 +5.1%$642,040 -2.3%
        2007$9,460 +38.9%$657,260 +52.9%
        2006$6,809 -5.3%$430,000 +10.6%
        2004$7,189 +4.2%$388,720 +10.1%
        2003$6,898 -2.2%$353,120 -1.4%
        2002$7,055 $358,280 +55.4%
        2000-- $230,490
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Useppa Island

        Getting around

        2 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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