Beach House with Income!

Unit 26, Tranquility Bay

2600 Overseas Highway, 26, Marathon, FL 33050

$375,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 850 Status: Closed
Current Price: $375,000 List Date: 1/18/2021 Last Modified: 4/08/2021

Description

Looking for an income property that you can enjoy from time to time as well? I guarantee you won't find a better producing property at this price point than Tranquility Bay Beach Resort in the Middle Florida Keys. Even during a pandemic year with the Keys shut down to non-residents for 2 1/2 months, this 2 bedroom unit brought $37K to the owner in rental checks (vs. $45K in 2019). These units rent nightly and average 320-340 nights rented per year. Gulf views from Unit 26, close to the beautiful resort pool and restaurant, and still just steps to the beach and tiki bar. Furnished and turn key. 3 pools (1 adult only), sandy beach, swimming lagoon, Jack Nicklaus putting greens and fitness center. Ask me to send you my Tranquility Bay package for all the details.

More Information MLS# 594226

Contract Information

Current Price: $375,000 Listing Date: 2021-01-18 Listing Board: Marathon/Lower Keys Sold Price: $375,000 As is Rght to Inspct: Yes Species List: No

Location, Tax & Legal

Street #: 2600 Street Name: Overseas Street Suffix: Highway Unit #: 26 Key/Island: Marathon State/Province: FL Zip Code: 33050 Off Shore Island: No County: Monroe Subdivision: Tranquility Bay (48.5) Mile Marker: 48.5 Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W Marathon Neighborhood: Old Town East (25th to Sombrero) Side: Bay/Gulf Flood Zone: AE Handicap Access: No Alternate Key #: 9082294 Parcel #: 00101999-000402 Zoning: RH - Residential High Deed Restrictions: Yes Legal: UNIT D-02 PIRATES COVE II, A CONDOMINIUM Taxes: 4303.17 Tax Year: 2019 Pub Sewer HkUp: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Townhouse Waterfront: Yes Control Depth: 1 Unit/Complex: Complex Pool: Yes Year Built: 2004 Total Units: 87 Living Apx SqFt: 850 SqFt Source: Property Data Card Total Bedrooms: 2 Full Baths: 2 Half Baths: 1 Total Baths: 3 Rentals Allowed: With Restrictions Min Rental Days: 1

Remarks & Misc

Remarks – Consumer: Looking for an income property that you can enjoy from time to time as well? I guarantee you won't find a better producing property at this price point than Tranquility Bay Beach Resort in the Middle Florida Keys. Even during a pandemic year with the Keys shut down to non-residents for 2 1/2 months, this 2 bedroom unit brought $37K to the owner in rental checks (vs. $45K in 2019). These units rent nightly and average 320-340 nights rented per year. Gulf views from Unit 26, close to the beautiful resort pool and restaurant, and still just steps to the beach and tiki bar. Furnished and turn key. 3 pools (1 adult only), sandy beach, swimming lagoon, Jack Nicklaus putting greens and fitness center. Ask me to send you my Tranquility Bay package for all the details. Directions: US 1 to 2600 Overseas Hwy, gulfside.

Status Change Info

Sold Date: 2021-04-08 Sold Price: $375,000 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes Condo Doc's: Yes 1st Right of Refusal: Yes Assoc Approval Req: No Association Fee $: 1365.29 Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Yes

Property Features

Fee Includes: Building Insurance; Cable; Common Area Mnt Tax Exemptions: None Waterfront: Bay Front; Gulf Front Waterview: Bay/Gulf View Dockage: None Property Condition: Updated/Remodeled Building Style: Conch; Townhouse Vehicle Storage: Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Porch/Balcony: Open Porch/Balcony Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Cathedral Ceilings; Drapes/Blinds Incl; Granite Counter Top; Split Bedroom Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Bar; Gazebo; Sandy Beach Pool Info: In Ground; Concrete; Decked Construction: Frame Windows/Doors: French Doors Floor: Carpet; Tile Roof: Metal Roof Pets: No Pets Allowed Neighborhood Feature: Beach; Community Pool; Manager on Premises Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: April - 08 - 2021

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