SOLD for $415,000 on June 5, 2018

2600 Overseas Hwy, Unit 8, Marathon

2600 Overseas Highway, 8, Marathon, FL 33050

$415,000
Property Type: Residential Bedrooms: 2 Baths: 2.1 Square Footage: 850 Status: Closed
Current Price: $415,000 List Date: 12/16/2017 Last Modified: 5/15/2020

Description

If you can't be on the beach, this is the next best thing! Just 3 units off the beach! Nice water views of the Gulf of Mexico too! Fantastic location offers privacy and is just steps from the water where you can sip a cool drink at the tiki bar and watch the sunset! Also a convenient location to the inviting resort style pool and the Butterfly Cafe restaurant. Unit 8 comes fully furnished and has excellent rental income! $51K to owner in 2016 with est. net after all expenses of $23K. You won't find a better income property at this price! As an owner at Tranquility Bay Beach Resort, you must rent but will have up to 12 weeks of personal use per year.

Supplements: This laid back beach resort offers two pools (one for adults only), sandy beach, swimming lagoon, waterside tiki bar, watersports rentals, Jack Nicklaus putting greens, fitness center and the Butterfly Cafe restaurant.

More Information MLS# 577902

Contract Information

Current Price: $415,000 Listing Date: 2017-12-16 Listing Board: Marathon/Lower Keys Sold Price: $415,000 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 #: 8 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: AE9 Handicap Access: No Alternate Key #: 9080726 Parcel #: 00101999-000203 Zoning: RH - Residential High Deed Restrictions: Yes Legal: UNIT B-03 PIRATES COVE II A CONDOMINIUM OR2083-551 OR2087-1183C OR2523-337/45ORD Taxes: 3793.02 Tax Year: 2017 Pub Sewer HkUp: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Townhouse Waterfront: Yes Control Depth: 2 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: If you can't be on the beach, this is the next best thing! Just 3 units off the beach! Nice water views of the Gulf of Mexico too! Fantastic location offers privacy and is just steps from the water where you can sip a cool drink at the tiki bar and watch the sunset! Also a convenient location to the inviting resort style pool and the Butterfly Cafe restaurant. Unit 8 comes fully furnished and has excellent rental income! $51K to owner in 2016 with est. net after all expenses of $23K. You won't find a better income property at this price! As an owner at Tranquility Bay Beach Resort, you must rent but will have up to 12 weeks of personal use per year.

Status Change Info

Sold Date: 2018-06-05 Sold Price: $415,000 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes Condo Doc's: Yes 1st Right of Refusal: Yes Assoc Approval Req: No Association Fee $: 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; Open Water 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; 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 Appliance(s); Washer Exterior Features: Bar; 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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