Direct Gulf Front 3 Bedroom!

Superb Income Producer!

2600 Overseas Highway, 85, Marathon, FL 33050

$885,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,320 Status: Closed
Current Price: $885,000 List Date: 2/20/2022 Last Modified: 7/21/2023

Description

Direct gulf front 3 bedroom townhouse at Tranquility Bay Beach Resort! Beautiful water views and quiet location at the resort, tucked away on a tranquil lagoon. Superb rental income with $108K in rental checks to the owner in 2021. Perfect for an investor or as an income generator and vacation home. 5 weeks use available per year for owners. Resort amenities including 600+ feet of sandy beach, swimming lagoon, three pools (1 adults only), waterfront tiki bar, award winning Butterfly Cafe, fitness center and Jack Nicklaus putting greens. Photos of Unit 85 do not show new tile floors downstairs and there may be some furniture updates.

More Information MLS# 599749

Contract Information

Current Price: $885,000 Listing Date: 2022-02-20 Listing Board: Marathon/Lower Keys Sold Price: $885,000 As is Rght to Inspct: Yes Species List: Yes

Location, Tax & Legal

Street #: 2600 Street Name: Overseas Street Suffix: Highway Unit #: 85 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 #: 9083139 Parcel #: 00101999-000808 Zoning: RH - Residential High Deed Restrictions: Yes Legal: UNIT K-08 PIRATES COVE II, A CONDOMINIUM Taxes: 6367.88 Tax Year: 2021 Pub Sewer HkUp: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Townhouse Waterfront: Yes Control Depth: 3 Unit/Complex: Unit Pool: Yes Year Built: 2004 Total Units: 87 Living Apx SqFt: 1320 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3 Rentals Allowed: Yes Min Rental Days: 1

Remarks & Misc

Remarks – Consumer: Direct gulf front 3 bedroom townhouse at Tranquility Bay Beach Resort! Beautiful water views and quiet location at the resort, tucked away on a tranquil lagoon. Superb rental income with $108K in rental checks to the owner in 2021. Perfect for an investor or as an income generator and vacation home. 5 weeks use available per year for owners. Resort amenities including 600+ feet of sandy beach, swimming lagoon, three pools (1 adults only), waterfront tiki bar, award winning Butterfly Cafe, fitness center and Jack Nicklaus putting greens. Photos of Unit 85 do not show new tile floors downstairs and there may be some furniture updates. Directions: US 1 to 2600 Overseas Hwy, Tranquility Bay, located gulfside in Marathon.

Status Change Info

Sold Date: 2022-04-04 Sold Price: $885,000 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes Condo Doc's: Yes 1st Right of Refusal: Yes Assoc Approval Req: No Association Fee $: 1505.92 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; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: None Building Style: Conch; Townhouse Vehicle Storage: Guest Parking; 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: Gazebo; Sandy Beach Pool Info: In Ground; 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: Cash; Conventional; No Seller Finance Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: July - 21 - 2023

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