NOT LISTED FOR SALE

2600 Overseas Hwy Unit 26 Marathon, FL 33050

Estimated Value: $509,953

2 Beds
2.5 Baths
850 Sq Ft
$600/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $375,000 $441 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,603/month

29 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Concrete Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Key West Architecture

About This Home

As of April 2021

Looking for an income property that you can enjoy from time to time as well? I guarantee you won't find a better producing property at this price point than Tranquility Bay Beach Resort in the Middle Florida Keys. Even during a pandemic year with the Keys shut down to non-residents for 2 1/2 months, this 2 bedroom unit brought $37K to the owner in rental checks (vs. $45K in 2019). These units rent nightly and average 320-340 nights rented per year. Gulf views from Unit 26, close to the beautiful resort pool and restaurant, and still just steps to the beach and tiki bar. Furnished and turn key. 3 pools (1 adult only), sandy beach, swimming lagoon, Jack Nicklaus putting greens and fitness center. Ask me to send you my Tranquility Bay package for all the details.

Last Agent to Sell the Property

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615 Listed on: 01/18/2021

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

David Grego

Island Breeze Realty Branch Office License #BK3107004

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,303

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach

HOA Fees

  • $1,365 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 850 Sq Ft Home
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Gazebo

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00101999-000402

Community Details

Overview

  • Association fees include building insurance, common area mnt, cable
  • 87 Units
  • Tranquility Bay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,303

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$1,365 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: No
  • Association Fee: 1365.29
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Fee Includes: Building Insurance, Common Area Mnt, Cable
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Mile Marker: 48.50
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Manager on Premises, Community Pool
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4303.17
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 2004
  • Alternate Key Number: 9082294
  • Building Style: Conch, Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 850.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Bar, Sandy Beach, Gazebo
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00101999-000402
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 87.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Apr 8, 2021
Sold by
Davenport Lynn P and Davenport Diane L
Bought by
Becker Michael A and Becker Joanne K
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$382,000
Sold Price
$375,000
Premium/Discount to List
-$7,000
-1.83%
Current Estimated Value
$509,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,953
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
May 24, 2005
Sold by
Marathon Resort Development Inc
Bought by
Davenport Lynn P and Davenport Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Becker Michael A $375,000 Attorney
Davenport Lynn P $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davenport Lynn P $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $375,000 -1.8% $441 / Sq Ft
01/18/2021 01/18/21 For Sale $382,000 -- $449 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,066 $496,811 -- $496,811
2023 $5,066 $496,811 $0 $496,811
2022 $4,533 $377,938 $0 $377,938
2021 $4,379 $346,651 $0 $346,651
2020 $4,321 $346,651 $0 $346,651
2019 $4,303 $366,845 $0 $366,845
2018 $3,989 $365,629 $0 $0
2017 $3,793 $357,283 $0 $0
2016 $3,536 $300,768 $0 $0
2015 $3,406 $300,768 $0 $0
2014 $3,002 $207,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Puto

    Seller's Agent in 2021

    Amy Puto

    Coldwell Banker Schmitt Real Estate Co.

    (305) 766-1745

    288 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    David Grego

    Island Breeze Realty Branch Office

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594226

Florida Keys Board of REALTORS®

APN: 00101999-000402

Florida Monroe County Marathon 33050

2600 Overseas Hwy Unit 26, Marathon, FL

This home is located at 2600 Overseas Hwy Unit 26, Marathon, FL 33050 since 18 January 2021 and is currently estimated at $509,953, approximately $599 per square foot. This property was built in 2004. 2600 Overseas Hwy Unit 26 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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