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$1,300,000   Price Analysis
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2600 Overseas Hwy Unit 85
Marathon, FL 33050
3 bed 3 bath 1,320 SqFt ($984/SqFt)
Built 2004
Listed 2024-04-17, HOA $1834, Taxes $6,291
Ⓧ USDA Ineligible
due to price & location

near Marathon

If you're looking to experience the pleasing Florida Keys while also making an income - this is for you!

Welcome to this turnkey 3 bedroom, 3 bathroom waterfront townhome located at Tranquility Bay Beach Resort in Marathon. Owners can enjoy up to 5 weeks annually, while the remainder of the year is rented through the onsite management company generating income through nightly rentals. Substantial TAKE HOME earnings to the owners: $95K in 2023 and $14K for Jan/Feb of 2024. This is one of the few DIRECT waterfront units with open views of the bay.

The property features a large living space, half bathroom and porch downstairs. Upstairs you'll find the primary bedroom with an en-suite bathroom and large porch overlooking the blue waters. And down the hall are two guest bedrooms, full bathroom and laundry. Onsite amenites are unlimited - relax by one of the pools, get your fix of adventure through the many watersports, grab a cocktail at the tiki bar, kick back on the white sandy beach or play a round on the putting greens. Don't miss out on this incredible investment opportunity!


Presented by Courtney Conley at
Compass Florida LLC.


Property MLS #609622 from FloridaKeys

Bedrooms: 3

Total Bathrooms: 3.00
Full Bathrooms: 2
1/2 Bathrooms: 1

Split Bedroom
Granite Counter Top
Furnished Description: Furnished
Window Features: French Doors

Washer
Stainless Steel Appliance(s)
Microwave
Oven
Refrigerator
Dishwasher
Dryer

Cooling Features: Central Air, Ceiling Fans(s)

Sandy Beach
Porch Description: Open Porch/Balcony

Pool Features: In Ground

Bay Front
Open Water

Garage Description: Open Parking, Guest Parking

View: Bay/Gulf View, Open Water View

Association: Yes
Association Amenities: Cable, Common Area Mnt, Building Insurance
Association Fee: 1834
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 1834
Pet Description: No Pets Allowed

Number of Units: 87

Lease Term: Min Rental Days: 1.00

Community Features: Community Dockage, Beach, Manager on Premises

Annual Tax Amount: 7965.47
Source Listing Status: Active
County: Monroe
Tax Year: 2023
Source Property Type: Residential - Condo/Townhouse
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
Property Subtype: townhouse
Source Neighborhood: Tranquility Bay (48.5)
Parcel Number: 00101999-000808
Subdivision: Tranquility Bay (48.5)
Zoning: RH - Residential High
Property Subtype: Townhouse
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$609,751 + $unknown
$609,751
$6,291
2021$589,924 + $unknown
$589,924
$6,367
2020$unknown + $unknown
$542,522
$5,969
2019$unknown + $unknown
$493,202
$5,676
2018$unknown + $unknown
$448,366
$4,999
2017$527,889 + $unknown
$527,889
$4,747
2016$470,975 + $unknown
$470,975
$4,460
2015$unknown + $unknown
$336,864
$4,261
2014$unknown + $unknown
$306,240
$3,571
2013$unknown + $unknown
$282,480
$3,358
2012$unknown + $unknown
$349,282
$3,991
2011$unknown + $unknown
$475,490
$5,198
2010$unknown + $unknown
$641,615
$6,994
2009$unknown + $unknown
$773,030
$7,632
2008$unknown + $unknown
$1,054,799
$8,910
2007$unknown + $unknown
$1,096,500
$8,770

Listed 2024-04-17
$1,300,000
FloridaKeys
Sold 2022-04-04
$885,000
Marathon
Listing removed 2020-07-22
$729,000
Marathon
Listing removed 2020-07-16
$729,000
FloridaKeys
Listed 2019-01-24
$729,000
Marathon
Sold 2005-10-13
$925,000
Public Record

Total Square Feet Living: 1320
Year Built: 2004
Construction Materials: Frame
Living Area Source: Property Data Card
Property Age: 20
House Style: Townhouse

FKAA
Cable Available

Stanley Switlik Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Marathon School is a public middle and high school located approximately 1.4 miles away.
directions icon Map directions

Marathon Lutheran School is a private elementary school located approximately 4.8 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.