2264 Overseas Highway, Unit 18

Marathon, FL 33050

$8,650,000
Last Sold Price
32
Beds
24
Baths
11,804 Sq. Ft.
$733 / Sq. Ft.
11,804
Sq. Ft.
$733
per Sq. Ft.

Description

Built in 2018, turnkey waterfront vacation rental development comprised of eight single family houses, each with four bedrooms and three full bathrooms built to current windstorm standards. Each home is designed for guests to enjoy their own private pool, laundry, outdoor grill area, covered parking and balconies. Excellent rental history and future bookings with tremendous growth opportunity. This vacation rental compound was built to maximize income and minimize overhead. Guests can enjoy the community...Built in 2018, turnkey waterfront vacation rental development comprised of eight single family houses, each with four bedrooms and three full bathrooms built to current windstorm standards. Each home is designed for guests to enjoy their own private pool, laundry, outdoor grill area, covered parking and balconies. Excellent rental history and future bookings with tremendous growth opportunity. This vacation rental compound was built to maximize income and minimize overhead. Guests can enjoy the community beach, docks, tiki hut, fish cleaning station, plus nearby amenities including tons of dining options such as Florida Keys Steak and Lobster House, major food and home shopping chains, two major marinas and Marathon Airport.

Listing Agent

  1. Megann Lucaj

    Megann Lucaj

    Listing Agent

    Compass

Property Details for 2264 Overseas Highway, Unit 18

Subdivision
Keys Cove
Design
Key West
Waterfront
Yes
Waterfront Details
Navigable, No Fixed Bridges, Ocean Access, Ocean Front, Seawall
View
Ocean
Furnished
Furnished
Style
WF/Pool/Ocean Access

Location

Sold By Compass Florida LLC

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LISTING UPDATED: 03/04/2022 07:55 AM

Property Details for 2264 Overseas Highway, Unit 18

StatusClosed
MLS #RX-10676029
Days on Market343
Taxes$33,878 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single Family Detached
Year Built2018
Lot Size1.38 AC / 60,306 SF
CountyMonroe County

Location

Sold By Compass Florida LLC

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Building Information for 2264 Overseas Highway, Unit 18

Stories2Year Built2018Building Size-Lot Size1.38 AC / 60,306 SF

Payment Calculator

$50,030 per month

30 year fixed, 7.25% Interest

Principal and Interest

$47,207

Property Taxes

$2,823

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2264 Overseas Highway, Unit 18

Summary
Location and General Information
  • Boat Services: Common Dock, Private Dock, Up to 40 Ft Boat, Up to 50 Ft Boat, Up to 60 Ft Boat
  • Property Condition: Resale
  • Development Name: Keys Cove
  • Directions: Located next to the newly constructed Courtyard by Marriott in Marathon, FL at mile marker 48.2 in the Florida Keys.
  • Geo Area: PB07
  • Street Number: 2264
  • Subdivision Complex Bldg: Keys Cove
  • Municipal Code: Marathon
  • Boat Access: Common Dock, Private Dock, Up to 40 Ft Boat, Up to 50 Ft Boat, Up to 60 Ft Boat
  • State: FL
  • City Postal ID: 33050
  • MLS Area: 5940
  • MLS Sub Area: PB07
Parking
  • Carport Spaces: 16
  • Garage Spaces: 0
  • Parking: 2 Or More Spaces, Carport - Attached, Driveway
  • Num Parking Spaces: 16
  • Covered Spaces: 16
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • Governing Bodies: None
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2020
  • Type of Governing Bodies: None
Property
Lot Information
  • Area: 5940
  • Bldg #: 1-8
  • Front Exp: South
  • HOA Amenities: None
  • Lot Description: 1 to < 2 Acres
  • Parcel ID: 00102290000000
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 23,680
  • Square Ft Source: Appraisal
  • Ttl Units in Complex: 8
  • Zoning: MU
  • Condo Model Name: Vacation Rentals
  • Front Exposure: South
Property and Assessments
  • Legal Desc: 9 66 32 KEY VACCAS PT LOT 1 AND ADJ PT R-O-W OR71-43 OR73-462 OR499-151/52 OR499-154/55 OR570-338E OR775-977 OR944-192QC
  • Sq Ft Liv Area: 11804.0
  • Legal Description: 9 66 32 KEY VACCAS PT LOT 1 AND ADJ PT R-O-W OR71-43 OR73-462 OR499-151/52 OR499-154/55 OR570-338E OR775-977 OR944-192QC
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick, Modular Construction
  • Contingents: None
  • Equip/Appl Included: Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator, Washer, Water Heater - Elec
  • Exterior Features: Covered Patio, Deck, Open Balcony
  • Private Pool: Yes
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: Boating, Cabana, Picnic Area, Private Beach Pvln
  • Waterfrontage: 110
  • Year Roof Installed: 2018
  • Gated Community YN: No
Interior Features
  • Roof: Metal
  • Cooling: Ceiling Fan, Central
  • Flooring: Tile
  • Heating: Central
  • Interior Features: Stack Bedrooms
  • Window Treatments: Impact Glass
  • Dining Area: Dining/Kitchen, Eat-In Kitchen, Snack Bar
  • Main Level Bedrooms: 32
  • Main Level Bathrooms: 24
  • Guest Accommodations: No
  • Master Bath Features: Dual Sinks
  • Master Bathroom Description: Dual Sinks
  • Baths Total: 24
Master Bedroom
  • Primary Bedroom/Bath: Dual Sinks
Porch
  • PatioFeatures: Balcony, Patio
Multi Family
Multi-Family Information
  • Stories: 2.0
Agent
Agent Only
  • Selling Agent Full Name: Megann Marie Lucaj
  • Selling Office Branch ID: 276611618
Rental
Rental Information
  • Pets on Premises: No
  • Minimum Num of Days for Lease: 7
  • Pets Allowed: Yes
  • Lease Times per Year: 52

Property History for 2264 Overseas Highway, Unit 18

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2264 Overseas Highway, Unit 18

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - PK to 5
Charter - PK to 8
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.