NOT LISTED FOR SALE

2600 Overseas Hwy Unit 66 Marathon, FL 33050

Estimated Value: $921,692

3 Beds
3.5 Baths
1,520 Sq Ft
$606/Sq Ft Est. Value

Last Sold November 25, 2022

Last sale price $865,000 $569 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,292/month

111 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 November 2022

Buy your own beach house at this laid back beach resort in the Florida Keys! Perfect as an investment and vacation home, owners have up to 5 weeks use per year and property generates good rental income with nightly rentals, ask for details. This is the largest floor plan in the resort at approximately 1520 sq. ft. with 3 bedrooms and 3.5 baths. An accessible unit with a bedroom and bath on the first floor, perfect for those that don't want to or can't use stairs. Sold fully furnished and turn key. The resort offers a sandy beach, swimming lagoon, waterfront tiki bar, 3 pools (1 adults only), watersports rentals, gourmet restaurant, putting greens and a fitness center. Tranquility Bay recently received two very prestigious awards from TripAdvisor: 2021 Travelers' Choice. The resort and Butterfly Cafe are now counted in the top 10% of hotels and restaurants worldwide. Wouldn't you like to own a property here?

Last Agent to Sell the Property

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615 Listed on: 06/21/2022

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Margaret Crowley

Florida Keys Realty Group LLC License #3209961

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,443

Year Built

  • Built in 2004 | Remodeled

Lot Details

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

HOA Fees

  • $1,790 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • French Doors
  • Gulf Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Kitchen

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00101998-000207

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

Recreation

  • Beach
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,443

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$1,790 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: 1790.24
  • Mandatory HOA: No
  • Control Depth: 1
  • Document Count: 1
  • Fee Includes: Building Insurance, Common Area Mnt, Cable
  • 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, Other Area Features, 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: 5443.03
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 2004
  • Alternate Key Number: 9080654
  • 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: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1520.00
  • Pre Wired: Cable
  • 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: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Single Hung Windows
  • Total Bedrooms: 3
  • Accessibility Features: Accessible, Accessible Kitchen, Accessible Full Bath, Accessible Elevator Installed
  • Sq Ft Remarks: Approximate sq. ft. Unit is over 1320 SF being an accessible unit with an additional bedroom/bath downstairs.

Exterior Features

  • Dockage: None
  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Sandy Beach
  • 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,AE
  • Parcel Number: 00101998-000207
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 87.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Nov 25, 2022
Sold by
Berberian Lawrence D and Berberian Laura A
Bought by
Beaverson Brandon A and Beaverson Carol J
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Margaret Crowley
Florida Keys Realty Group LLC
List Price
$810,000
Sold Price
$865,000
Premium/Discount to List
$55,000
6.79%
Current Estimated Value
$921,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,692
Avg. Annual Appreciation
2.26%
Original Mortgage
$648,750
Outstanding Balance
$629,283
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$292,409

Purchase Details

Closed on
Jan 5, 2005
Sold by
Marathon Resort Associates Inc
Bought by
Berberian Lawrence D and Berberian Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.71%
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 Buyer Sale Price Title Company
Beaverson Brandon A $865,000 --
Berberian Lawrence D $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaverson Brandon A $648,750
Previous Owner Berberian Lawrence D $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2022 11/25/22 Sold $865,000 -1.1% $569 / Sq Ft
07/11/2022 07/11/22 Price Changed $875,000 +8.0% $576 / Sq Ft
06/21/2022 06/21/22 For Sale $810,000 -- $533 / 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 $7,148 $712,083 -- $712,083
2023 $7,148 $712,083 $0 $712,083
2022 $5,299 $504,066 $0 $504,066
2021 $5,443 $496,419 $0 $496,419
2020 $5,314 $496,419 $0 $496,419
2019 $5,185 $542,598 $0 $542,598
2018 $4,641 $502,461 $0 $0
2017 $4,429 $505,279 $0 $0
2016 $3,755 $334,051 $0 $0
2015 $3,679 $334,051 $0 $0
2014 $3,480 $306,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601486

Florida Keys Board of REALTORS®

APN: 00101998-000207