Tranquility Bay is a beautiful resort in Marathon, Florida.   87 Key West style townhouses, condos and a few time shares are situated on a tropically landscaped property with sandy beach, two pools, putting green, fitness center, beach front tiki bar and a gourmet restaurant.  2 bedroom and 3 bedroom units are available.  24 units are located directly on the Gulf of Mexico, about 16 of them are right in the sand, the other 8 are situated on Dolphin Lagoon (no dolphins, just the name!)  The remaining units are located around one of the 2 pools or the putting green.  Each home offers a view of the Gulf of Mexico.


Tranquility Bay for sale Marathon Fl


Tranquility Bay Current Listings

Featured Properties:

Unit 34 – 3 bedroom for sale

Unit 45 – 3 bedroom end unit for sale  Under Contract!

Unit 60 – 3 bedroom end unit for sale

Unit 72 – 2 bedroom for sale

Unit 73 – 3 bedroom for sale

Units 1-52 and 75-87 are fee simple owned townhomes.  They are NOT condos.  However, the land they sit on is a condo, so the Association is referred to as a Condo Association.  For these units, the owner is responsible for their own insurance and maintenance of the unit.

The remaining units (53-74) are condos and are a Condo Association.  The Association is responsible for the insurance and exterior maintenance.

There is also a Master Homeowner’s Association that is over both of the other Associations which handles all the common areas. Contact me for a copy of the HOA/Condo documents and budget.

FINANCING:  Units are individually owned and can be rented short term (less than a week) through the resort.  You are not able to live here full time, this is designated as a “condo hotel”.  Because of this designation, financing options are limited.  Typically, what you can expect is a 5/1 ARM and I would suggest a local bank:  Lori Bailey at  First State Bank or Mike Kiraly at Centennial Bank.

RENTALS:  All units must be rented through the resort.  Owners get 12 weeks of personal use per year.  For more information about the rental program, please contact the resort at 305-289-0888.

PLEASE NOTE:  The developer has the first right of refusal on all contracts.  This means that he can buy the property from the seller at the price you negotiated.  Once we put a property under contract, we have to request a waiver of his first right of refusal before we can close.

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Tip:  You can sort the list by Sold Date, Price, Bedrooms, etc.

2011-2012 Sales:

  • #9 – 2 bedroom $233,000 12/14/12 (Plus $15k for furnishings)  My Sale! Foreclosure
  • #52 – 2 bedroom $259,000 9/5/12 (My Sale!) Short Sale
  • #77 – 3 bedroom beachfront $341,000 8/16/12 Foreclosure   (My Sale!)
  • #86 – 3 bedroom Gulf front (lagoon) $315,000  6/22/12 Short Sale
  • #51 – 2 bedroom – $240,000 unfurnished 6/12/12 Foreclosure
  • #18 – 3 bedroom – $350,000 6/8/12
  • #79 – 3 bedroom direct Gulf front – $350,000 5/17/12 Short Sale
  • #40 – 2 bedroom Beachfront – $340,000 4/2/12 (my sale!) Short Sale
  • #74 – 3 bedroom handicapped unit  (220 sq. ft. more than a regular 3 bedroom), – $385,000 3/30/12
  • #47 – 2 bedroom – $259,900 2/16/12 Foreclosure
  • #20 – 3 bedroom – $285,000 1/25/12 (my listing and my sale!) Short Sale
  • #84 – Direct Gulf front 3 bedroom – $375,000 11/30/11 Short Sale
  • #11 – 2 bedroom – $260,000 – 9/8/11 Foreclosure
  • #23 – 3 bedroom – $312,500 – 6/2/11
  • #43 – 2 bedroom beachfront – $362,500 – 5/13/11 (my listing and my sale!) Short Sale
  • #46 – 2 bedroom – $265,000 5/13/11 (my listing and my sale!) Short Sale



Tranquility Bay for sale Marathon Fl



Tranquility Bay for sale Marathon Fl

43 porch view w chairs adult pool with gulf behind
Tranquility Bay-Gazebo and beach Beach grass
Tranquility Bay-Adult pool-putting green beach chairs and umbrellas pano
Tranquility Bay-3 bedroom-living area Tranquility Bay-lagoon pool-view from unit 20
Tranquility-2 bedroom-Master bedroom Tranquility Bay-2bedroom-Living-Dining
Tranquility Bay-beach units Middle row of units-1

Tranquility Bay for sale Marathon Fl


Tranquility Bay for sale Marathon Fl


Tranquility Bay


Tranquility Bay-Floor plan 3 bedroom


Floor plans 2 bedroom