Superior Rental Income makes this a Great Investment!

2600 Overseas Highway, Unit 52, Tranquility Bay, Marathon

If you are looking for a great investment, you can stop looking, here it is! Superior rental income at this beautiful beach resort located on the Gulfside in Marathon, and you can enjoy it yourself up to 12 weeks per year! Unit 52 brought $54K income to owner in 2016 with an estimated net after all expenses of $26K. You won’t find a better return at this price point!   Tranquility Bay Beach Resort has laid back, relaxing atmosphere, offering an expansive sandy beach, swimming lagoon, two pools (one adult), waterfront tiki bar, Jack Nicklaus putting greens, water sports, Butterfly Cafe for gourmet dining, a fitness center and gorgeous sunsets! Unit 52 is the only 2 bedroom end unit with a bump-out for a little extra space in the living area. The porches are wide and set back for more privacy than other units. You are just steps from the beach, adult pool and the putting greens. You’ll enjoy sitting on the shady porch with a tropical drink and looking at the Gulf views too! Unit 52 comes fully furnished, all you have to do is start depositing your rental checks!


$449,000
2600 Overseas Highway, 52
Marathon, FL 33050
MLS# 574860
2 beds  |  2.1 baths  |  900 sqft


2600 Overseas Highway, 52, Marathon, FL 33050
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Property Description
If you are looking for a great investment, you can stop looking, here it is! Superior rental income at this beautiful beach resort located on the Gulfside in Marathon, and you can enjoy it yourself up to 12 weeks per year! Unit 52 brought $54K income to owner in 2016 with an estimated net after all expenses of $26K. You won’t find a better return at this price point!

Details
Maps
Documents
Contract Information
Current Price: $449,000
Listing Board: Marathon/Lower Keys
List Price: $449,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 2600
Street Name: Overseas
Street Suffix: Highway
Unit #: 52
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
Side: Bay/Gulf
Flood Zone: AE
Handicap Access: No
Alternate Key #: 9082843
Parcel #: 00101999-000608
Zoning: RH - Residential High
Deed Restrictions: Yes
Legal: UNIT F-08 PIRATES COVE II, A CONDOMINIUM OR2141-1649 OR2588-1518/19
Taxes: 3558.4
Tax Year: 2016
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Property Sub Type: Townhouse
Waterfront: Yes
Control Depth: 1
Unit/Complex: Complex
Pool: Yes
Year Built: 2004
Total Units: 87
Living Apx SqFt: 900
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Baths: 2.1
Rentals Allowed: Yes
Min Rental Days: 1
Commission
Limitd Reprsntation: No
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: Yes
Association Fee $: 822.56
Assoc/Mnt Fee Per: Monthly
Building Style
Above Flood: Yes
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Fee Includes: Common Area Mnt
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front
Waterview: Bay/Gulf View
Dockage: None
Building Style: Conch; Townhouse
Vehicle Storage: Guest Parking; Open Parking
Furnished: Furnished
Cooling/Heating: Ceiling Fans; Central A/C
Porch/Balcony: Open Porch/Balcony
Utilities: Cable Available; FKAA; Municipal Sewer
Interior Features: Cathedral Ceilings; Drapes/Blinds Incl; Granite Counter Top; Split Bedroom
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appl; Washer
Exterior Features: Sandy Beach
Accessibility Feat: None
Pool Info: In Ground; Decked
Construction: Frame
Windows/Doors: French Doors
Floor: Carpet; Tile Floor
Roof: Metal Roof
Pets: No Pets Allowed
Neighborhood Feature: Beach; Community Pool; Manager on Premises; Other Area Features
Land Size: Less Than 1/4 Acre
Terms: Buyer Obtain Finance; No Seller Finance
Title: Title Ins - Buyer
Supplements
Tranquility Bay Beach Resort has laid back, relaxing atmosphere, offering an expansive sandy beach, swimming lagoon, two pools (one adult), waterfront tiki bar, Jack Nicklaus putting greens, water sports, Butterfly Cafe for gourmet dining, a fitness center and gorgeous sunsets! Unit 52 is the only 2 bedroom end unit with a bump-out for a little extra space in the living area. The porches are wide and set back for more privacy than other units. You are just steps from the beach, adult pool and the putting greens. You'll enjoy sitting on the shady porch with a tropical drink and looking at the Gulf views too! Unit 52 comes fully furnished, all you have to do is start depositing your rental checks!

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Listing Agent: Amy Puto

Last Updated: April - 19 - 2017

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

Sunday 23rd of April 2017 05:24 AM