2600 Overseas Highway, Unit 85

Marathon, FL 33050

$1,300,000
Price
3
Beds
2
Baths
1
1/2 Bath
1,320 Sq. Ft.
$985 / Sq. Ft.
1,320
Sq. Ft.
$985
per Sq. Ft.

Description

If you're looking to experience the beautiful 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...If you're looking to experience the beautiful 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 & 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 & laundry. Onsite amenities are endless - 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!

Listing Agents

  1. Steve Conley

    Steve Conley

    Alternative Listing Agent

    Compass

Property Details for 2600 Overseas Highway, Unit 85

Waterfront
Bay Front, Open Water
Waterfront
Yes
Zoning
RH - Residential High
Subdivision
Tranquility Bay (48.5)
Building Style
Townhouse
Vehicle Storage
Guest Parking, Open Parking
Pets
No Pets Allowed

Location

Add your commute
LISTING UPDATED: 04/17/2024 12:45 PM

Property Details for 2600 Overseas Highway, Unit 85

StatusActive
MLS #609622
Days on Market14
Taxes$7,965 / year
HOA Fees$1,506 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Townhouse
Year Built2004
Lot Size0.00 AC / 0 SF
CountyMonroe County

Building

2600 Overseas Hwy

87 Units2 StoriesBuilt in 2004

Location

Add your commute

Building Information for 2600 Overseas Highway, Unit 85

Stories2Year Built2004Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$9,264 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$664

HOA Dues

$1,506

The Payment Calculator is for illustrative purposes only.

Property Information for 2600 Overseas Highway, Unit 85

Summary
Location and General Information
  • Waterview: Bay/Gulf View, Open Water View
  • Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
  • Absolute Longitude: 81.098661
  • Control Depth: 3
  • Off Shore Island: No
  • Listing Board: Florida Keys
  • Side: Bay/Gulf
  • Unit/Complex: Unit
  • Mile Marker: 48.5
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Neighborhood Feature: Beach, Manager on Premises, Community Dockage
  • Key/Island: Marathon
Owner
  • Owner Name: See Tax Rolls
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: Yes
  • Fee Includes: Building Insurance, Common Area Mnt, Cable
  • Furnished: Furnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Parcel #: 00101999-000808
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: UNIT K-08 PIRATES COVE II, A CONDOMINIUM OR2158-1546 OR3167-0152
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Yes
  • Picture Count: 61
  • Document Count: 0
  • Building Style: Above Flood: Unknown
Utilities
  • Utilities: Cable Available, FKAA
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: In Ground
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Interior Features: Granite Counter Top, Split Bedroom
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Refrigerator, Oven, Microwave, Dryer
Exterior Features
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Sandy Beach
  • Windows/Doors: French Doors

Property History for 2600 Overseas Highway, Unit 85

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2600 Overseas Highway, Unit 85

Taxable ValueLand-Additions$800,702Total-
Tax Record2023$7,965 ($664 / month)
Home Facts
Total Finished SqFt1,320 SqFtAbove Grade Finished SqFt1,320 SqFtLot Size11,449 SqFtStyleHotel / MotelYear Built2004CountyMONROEAPN00101999-000808

Schools near 2600 Overseas Highway, Unit 85

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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2600 Overseas Highway, Unit 85 is a single family home for sale in Marathon, FL 33050. This property was listed for sale on April 17, 2024 by Compass, it's currently listed at $1,300,000. It has been on the market for a total of 14 days and was last sold on April 4, 2022. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 2600 Overseas Highway, Unit 85 is a 3-bed, 2.5-bath, 1,320 sqft single family home built in 2004.

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.