SOLD!  Unit 69, Tranquility Bay!

2 bedroom, 2.5 bath

Sold for $402,250 on 3/13/19

2600 Overseas Highway, 69, Marathon, FL 33050

$402,250
Property Type: Residential Bedrooms: 2 Baths: 2.1 Square Footage: 850 Status: Closed
Current Price: $402,250 List Date: 2/26/2018 Last Modified: 5/15/2020

Description

Looking for an excellent rental property that you can enjoy part of the year too? Take a closer look at Tranquility Bay Beach Resort! This is one of the best priced 2 bedrooms on the market with stunning views of the Gulf and just steps from the beach! New refrigerator in 2018! Unit 69 is one of the 22 condos with the building insurance included in the monthly fee. Owner received $52K in rental checks with an estimate net after all expenses of $24K. You won't find a better income property at this price! Tranquility Bay Beach Resort is located on the Gulfside in Marathon with 87 total units, beautiful sandy beach, watersports, tiki bar, gourmet restaurant, two pools, putting greens, and fitness center!

More Information MLS# 578946

Contract Information

Current Price: $402,250 Listing Date: 2018-02-26 Listing Board: Marathon/Lower Keys Sold Price: $402,250 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes

Location, Tax & Legal

Street #: 2600 Street Name: Overseas Street Suffix: Highway Unit #: 69 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,AE Handicap Access: No Alternate Key #: 9080668 Parcel #: 00101998-000303 Zoning: RH - Residential High Deed Restrictions: Yes Legal: UNIT I-03 PIRATES COVE I, A CONDOMINIUM OR2187-1289 OR2770-1751/52 Taxes: 3948.28 Tax Year: 2018 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: 2.1 Rentals Allowed: Yes Min Rental Days: 1

Remarks & Misc

Remarks – Consumer: Looking for an excellent rental property that you can enjoy part of the year too? Take a closer look at Tranquility Bay Beach Resort! This is one of the best priced 2 bedrooms on the market with stunning views of the Gulf and just steps from the beach! New refrigerator in 2018! Unit 69 is one of the 22 condos with the building insurance included in the monthly fee. Owner received $52K in rental checks with an estimate net after all expenses of $24K. You won't find a better income property at this price! Tranquility Bay Beach Resort is located on the Gulfside in Marathon with 87 total units, beautiful sandy beach, watersports, tiki bar, gourmet restaurant, two pools, putting greens, and fitness center! Directions: US 1 to 2600 Overseas Highway on the Gulfside.

Status Change Info

Sold Date: 2019-03-13 Sold Price: $402,250 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes Condo Doc's: Yes 1st Right of Refusal: Yes Association Fee $: 1349.11 Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Yes

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Fee Includes: Building Insurance; Cable; Common Area Mnt; Exterminating Tax Exemptions: None Waterfront: Bay Front; Gulf Front Waterview: Bay/Gulf View; Open Water View Dockage: None Building Style: Conch; Townhouse Vehicle Storage: Off Street 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: Sandy Beach Accessibility Feat: None 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; Other Area Features Land Size: Less Than 1/4 Acre Terms: Buyer Obtain Finance; No Seller Finance Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: May - 15 - 2020

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