NOT LISTED FOR SALE

2600 Overseas Hwy Unit 7 Marathon, FL 33050

Estimated Value: $540,181

2 Beds
2 Baths
850 Sq Ft
$636/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $390,000 $459 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,768/month

56 Days on Market

Highlights

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

About This Home

As of March 2021

Beautifully located in Tranquility Bay with open water views! Great rental history. Come enjoy the tranquil atmosphere that offers a family pool, adult pool, beach, lagoon, putt-putt course, gym, tiki bar-restaurant, Butterfly Cafe, and centrally located in the City of Marathon. This villa has granite countertops and stainless steel appliances with travertine flooring. Walkout to the deck to enjoy the views. Upstairs has two bedrooms with two baths. Make this the perfect getaway for you and your family while being able to create rental income. Call for availability

Last Agent to Sell the Property

Lela Ashkarian

Coldwell Banker Schmitt Real Estate Co. License #622790 Listed on: 12/15/2020

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

  • $4,239

Year Built

  • Built in 2004

Lot Details

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

HOA Fees

  • $1,390 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 850 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • French Doors
  • Home Gym
  • Gulf Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Gazebo
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00101999-000202

Community Details

Overview

  • Association fees include building insurance, exterminating, common area mnt, cable
  • 87 Units
  • Tranquility Bay Subdivision

Recreation

  • Beach
  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,239

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,390 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1389.65
  • Mandatory HOA: Yes
  • Fee Includes: Building Insurance, Exterminating, Common Area Mnt, Cable
  • 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
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Manager on Premises, Community Pool, Bike Paths, Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4239.23
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Off Street Parking, Open Parking
  • Year Built: 2004
  • Alternate Key Number: 9080722
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 850.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Gym
  • Windows/Doors: French Doors, Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00101999-000202
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 87.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Mar 23, 2021
Sold by
Sampo Peter L and Sampo Kristen L
Bought by
H & H Vacation Properties Llc
Seller's Agent
Lela Ashkarian
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Margaret Crowley
Florida Keys Realty Group LLC
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%
Current Estimated Value
$540,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,181
Avg. Annual Appreciation
7.59%

Purchase Details

Closed on
Sep 26, 2005
Sold by
Dugan Leo R and Dugan Deborah D
Bought by
Dildine Thomas L and Dildine Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 20, 2005
Sold by
Marathon Resort Development Inc
Bought by
Dugan Leo R and Dugan Deborah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
H & H Vacation Properties Llc $390,000 Florida Title Professional
Dildine Thomas L $870,000 Florida Keys Title Company
Dugan Leo R $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dildine Thomas L $650,000
Previous Owner Dugan Leo R $467,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $390,000 +0.3% $459 / Sq Ft
03/02/2021 03/02/21 For Sale $389,000 0.0% $458 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $389,000 -- $458 / 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 $5,274 $568,725 -- $568,725
2023 $5,274 $568,725 $0 $568,725
2022 $4,533 $377,938 $0 $377,938
2021 $4,197 $328,203 $0 $328,203
2020 $4,141 $328,203 $0 $328,203
2019 $4,239 $347,720 $0 $347,720
2018 $3,918 $344,416 $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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593761

Florida Keys Board of REALTORS®

APN: 00101999-000202