$1,115,000
SOLD DEC 31, 2018

2600 Overseas Hwy Unit 5 Marathon, FL 33050

3 Beds
2.5 Baths
1,400 Sq Ft
4,225 Sq Ft Lot

Recently Sold

$796 Per Sq Ft

7% Below List Price

140 Days on Market

Highlights

  • Beach
  • Sandy Beach
  • Gulf View
  • Coral Shores High School Rated A
  • Property Fronts a Bay or Harbor
  • Cathedral Ceiling

About This Home

As of December 2018

Enjoy the proven elegance and beauty of the Middle Keys premier Beachfront Resort, Tranquility Bay. In the top grossing investment category for all of the Florida Keys,this property generated pennies from 100K for the owner in 2016.Additional square footage and an end unit with privacy, this 3 bedroom Beach Home is perfectly located on the white sandy beach offering the best Sunset Views over the Gulf of Mexico. The lagoon style pool is just steps away,as well as the tasteful Butterfly Cafe Restaurant, an area favorite.Top of the line fitness center on property as well as an adult pool and putting green.Furnished and rental ready, just reserve your personal time and let this property generate excellent income when you are away. Very unique and much desired location at Tranquility Bay.

Last Agent to Sell the Property

Margaret Crowley

Florida Keys Realty Group LLC License #3209961 Listed on: 05/30/2018

Co-Listed By

Christopher Eversman

Florida Keys Realty Group LLC License #3286780

Last Buyer's Agent

Peter Schwarz-Top Producer

LoKation Real Estate License #3301618

LoKation Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,522

Year Built

  • Built in 2004

Lot Details

  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Privacy Fence
  • Sprinkler System

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Shutters
  • Tile Flooring
  • Gulf Views
  • Monitored

Kitchen

  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00101999-000101

Community Details

Overview

  • Property has a Home Owners Association
  • $823 Maintenance Fee
  • Association fees include cable, common area mnt, exterminating
  • Tranquility Bay Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Beach

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,522

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: Yes
  • Maintenance Fee: 822.56
  • Mandatory HOA: Yes
  • Document Count: 2
  • Fee Includes: Cable, Other, Common Area Mnt, Exterminating
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Mile Marker: 48.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5521.81
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Vehicle Restrictions, Off Street Parking, Guest Parking
  • Year Built: 2004
  • Alternate Key Number: 9080697
  • Cooling Heating: Central Air
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1400.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top, Window Treatments, Other, Smoke Alarms
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Stainless Steel Appliance(s)
  • Floor: Tile, Combo
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Sq Ft Remarks: additional bump out allows for extra sq ft.

Exterior Features

  • Dockage: None
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Lighting, Sprinkler System, Sandy Beach, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE
  • Parcel Number: 00101999-000101
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2019
Sold by
Peg 20 Llc
Bought by
Archibald Rental Property Llc

Purchase Details

Listed on
May 30, 2018
Closed on
Jan 23, 2019
Sold by
Tb 5 Llc
Bought by
Peg 20 Llc
Seller's Agent
Margaret Crowley
Florida Keys Realty Group LLC
Buyer's Agent
Peter Schwarz-Top Producer
LoKation Real Estate
List Price
$1,195,000
Sold Price
$1,115,000
Premium/Discount to List
-$80,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%

Purchase Details

Listed on
May 30, 2018
Closed on
Dec 28, 2018
Sold by
Tb 5 Llc
Bought by
Peg 20 Llc and Archibald Rental Property Llc
Seller's Agent
Margaret Crowley
Florida Keys Realty Group LLC
Buyer's Agent
Peter Schwarz-Top Producer
LoKation Real Estate
List Price
$1,195,000
Sold Price
$1,115,000
Premium/Discount to List
-$80,000
-6.69%

Purchase Details

Closed on
Nov 13, 2014
Sold by
Johnston Ann E
Bought by
Tb 5 Llc

Purchase Details

Closed on
Sep 19, 2013
Sold by
Allison John R
Bought by
Johnston Ann E

Purchase Details

Closed on
Mar 3, 2005
Sold by
Marathon Resort Development Inc
Bought by
Allison John R
Source: Public Records

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Range of Values:

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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 -- New Title Company Name
Warranty Deed $1,115,000 New Title Company Name
Warranty Deed $1,115,000 New Title Company Name
Warranty Deed $565,000 None Available
Warranty Deed $495,000 None Available
Special Warranty Deed $900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $775,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $1,375,000 -3.5% $1,022 / Sq Ft
06/09/2025 06/09/25 For Sale $1,425,000 +27.8% $1,059 / Sq Ft
12/31/2018 12/31/18 Sold $1,115,000 -6.7% $796 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $1,195,000 -- $854 / Sq Ft
Source: Marathon and Lower Keys Association 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 $9,388 $951,220 -- $951,220
2023 $9,388 $951,220 $0 $951,220
2022 $8,586 $809,623 $0 $809,623
2021 $8,528 $766,114 $0 $766,114
2020 $8,406 $766,114 $0 $766,114
2019 $8,702 $796,056 $0 $796,056
2018 $6,754 $668,282 $0 $0
2017 $6,446 $672,039 $0 $0
2016 $5,690 $489,992 $0 $0
2015 $5,686 $489,992 $0 $0
2014 $4,690 $376,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Crowley

    Seller's Agent in 2025

    Margaret Crowley

    Florida Keys Realty Group LLC

    (305) 923-5658

    258 Total Sales

    Section Image
  • Christopher Eversman

    Seller Co-Listing Agent in 2018

    Christopher Eversman

    Florida Keys Realty Group LLC

    (305) 393-3257

    79 Total Sales

    Section Image
  • Peter Schwarz-Top Producer

    Buyer's Agent in 2018

    Peter Schwarz-Top Producer

    LoKation Real Estate

    (305) 394-5171

    156 Total Sales

    Section Image
  • Barry Tracy

    Buyer Co-Listing Agent in 2018

    Barry Tracy

    LoKation Real Estate

    (305) 395-2625

    38 Total Sales

    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 580389

APN: 00101999-000101

Florida Monroe County Marathon 33050

2600 Overseas Hwy Unit 5, Marathon, FL

This home is located at 2600 Overseas Hwy Unit 5, Marathon, FL 33050 and is currently priced at $1,115,000, approximately $796 per square foot. This property was built in 2004. 2600 Overseas Hwy Unit 5 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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