$1,210,000
SOLD JUL 9, 2025

2600 Overseas Hwy Unit 37 Marathon, FL 33050

3 Beds
2.5 Baths
1,320 Sq Ft
$1,980/mo HOA Fee

Recently Sold

$917 Per Sq Ft

5% Above List Price

15 Days on Market

Highlights

  • Ocean View
  • Boat Ramp
  • Waterfront
  • Coral Shores High School Rated A
  • Property has ocean access
  • Deck

About This Home

As of July 2025

Rare Prime Beachfront Rental Property at Tranquility Bay. Directly on the sand, 3-bedroom, 2.5-bath beachfront townhome in sought-after destination in the Florida Keys directly on the sand. One of the most requested rental units in the heart of Marathon. Boasting uninterrupted Gulf views from your private porch, this two-story home offers the ultimate in coastal living with strong, consistent rental income and professional onsite management. A proven income producer with multiple TripAdvisor accolades, this property is the perfect hands-free investment or luxurious personal getaway. The incredible amenities include a marina, multiple pools, putting green, gym, waters sports, award winning beach front restaurant and tiki bar. This is truly the Keys living at its best!

Last Agent to Sell the Property

Rene Mahfood

Compass Florida LLC License #3485450 Listed on: 06/09/2025

Compass Florida LLC

Co-Listed By

Tinka Ellington

Compass Florida LLC License #3290973

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,533

Year Built

  • Built in 2004

HOA Fees

  • $1,980 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 1st floor
  • Metal Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • French Doors
  • Family Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Free Form Pool
  • Property has ocean access
  • Balcony
  • Deck
  • Open Patio
  • Porch

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00101999000502

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, pest control, pool(s)
  • 9 Units
  • Pirates Cove Ii, A Condom Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Community Pool
  • Community Spa
  • Putting Green

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,533

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,980 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type Additional: Condominium
  • Directions: South on Overseas Highway to the end of Marathon on the gulf side.
  • Year Built: 2004
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Kitchen/Dining Combo
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Living Area: 1320.0
  • Dining Room Type: Family Room, Laundry, Dining Room, Florida Room
  • Stories: 2
  • Window Features: Blinds, Plantation Shutters

Exterior Features

  • Exterior Features: Balcony, Deck, Porch, Patio
  • View: Bay, Ocean
  • Lot Features: < 1/4 Acre
  • Pool Features: Free Form, None, Other, Association, Community
  • View: Yes
  • Waterfront Features: Bayfront, Ocean Access
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Security: Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1980.0
  • Community Features: Boat Facilities, Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Management, Pool, Putting Green(s), Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Pool(s)

Lot Info

  • Parcel #: 00101999000502
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9004.0
  • Zoning Description: Mixed Us

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9533.0

Multi Family

  • Number Of Units In Community: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2025
Closed on
Jul 9, 2025
Sold by
37 Tranquility Way E02 Llc
Bought by
Vc & Tc Holdings Llc
Seller's Agent
Rene Mahfood
Compass Florida LLC
List Price
$1,150,000
Sold Price
$1,210,000
Premium/Discount to List
$60,000
5.22%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2187.63%

Purchase Details

Closed on
Jul 14, 2006
Sold by
E02 Llc
Bought by
37 Tranquility Way E02 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2005
Sold by
Marathon Resort Development Inc
Bought by
E02 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,210,000 None Listed On Document
Warranty Deed $1,210,000 None Listed On Document
Warranty Deed $1,350,000 Florida Keys Title Company
Special Warranty Deed $900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,075,000 Purchase Money Mortgage
Previous Owner $720,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $1,210,000 +5.2% $917 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $1,150,000 -- $871 / Sq Ft
Source: BeachesMLS

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 $9,159 $1,034,909 -- $1,034,909
2023 $9,159 $1,034,909 $0 $1,034,909
2022 $8,096 $801,877 $0 $801,877
2021 $7,875 $759,044 $0 $759,044
2020 $7,333 $759,044 $0 $759,044
2019 $6,981 $769,068 $0 $769,068
2018 $5,993 $640,645 $0 $0
2017 $5,689 $639,062 $0 $0
2016 $4,993 $470,975 $0 $0
2015 -- $470,975 $0 $0
2014 -- $376,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11097820

BeachesMLS

APN: 00101999-000502