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$402,250
Marathon, FL 33050
MLS# 578946
Status: Closed
2 beds | 2.1 baths | 850 sqft
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Property 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!
Details
Maps
Documents
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
2016 Rental Income 
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: May - 15 - 2020
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