$1,085,000
$65K PRICE DROP

2600 Overseas Hwy Unit 87 Marathon, FL 33050

Estimated payment $8,522/month

Total Views 15,279
3 Beds
2.5 Baths
1,320 Sq Ft
$822 Price per Sq Ft

Highlights

  • Ocean Front
  • Bar or Lounge
  • Putting Green
  • Coral Shores High School Rated A
  • Heated Community Pool
  • Balcony

About This Home

YTD May 31 2025 Gross Rental Income 95K!!! Welcome to Tranquility Bay Resort, located in the heart of Marathon, offering resort-style amenities & outstanding rentals. A rare corner unit, this 3-bedroom, 2.5-bath gulf front townhome is uniquely situated at the quiet, northern end of the resort. A perfect blend of luxury & investment with a strong rental history. Step inside & be greeted by stunning open bay views from your private porch! Enjoy the extra light from additional windows afforded by the end location. Offered fully equipped down the dishes. Resort amenities incl 2 pools, sandy beach, watersports, top rated Butterfly Cafe restaurant, Tiki Bar, & putting greens, making it a top destination for visitors - recognized w/ multiple TripAdvisor awards.

Listing Agent

Lorie Leal

American Caribbean Real Estate License #0703307 Listed on: 11/15/2024

Co-Listing Agent

Shelby Morris

American Caribbean Real Estate License #3450732

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,331

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor

HOA Fees

  • $1,835 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Frame Construction

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00101999-000810

Community Details

Overview

  • Tranquility Bay Condos
  • Pirates Cove Ii, A Condom,Tranquility Bay Subdivision

Amenities

  • Community Barbecue Grill
  • Bar or Lounge

Recreation

  • Heated Community Pool
  • Community Spa
  • Putting Green

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,331

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,835 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: ACAR01
  • Co List Office Phone: 305-451-4078
  • Directions: South end of Marathon on the gulf side
  • Entry Level: 1
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: PIRATES COVE II, A CONDOM,Tranquility Bay
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1320
  • Stories: 2
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Frame
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Tranquility Bay
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1835
  • Amenities: Bar, Barbecue, Exterior Lighting, Heated Pool, Pool, Putting Green, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00101999-000810

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8331

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,011 $857,538 -- $857,538
2023 $8,011 $857,538 $0 $857,538
2022 $7,096 $650,850 $0 $650,850
2021 $6,950 $626,287 $0 $626,287
2020 $6,509 $626,287 $0 $626,287
2019 $6,185 $623,562 $0 $623,562
2018 $5,510 $557,735 $0 $0
2017 $5,276 $560,865 $0 $0
2016 $4,944 $489,992 $0 $0
2015 $4,747 $489,992 $0 $0
2014 $3,989 $306,240 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $1,085,000 -5.7% $822 / Sq Ft
11/15/2024 11/15/24 For Sale $1,150,000 +67.9% $871 / Sq Ft
03/31/2021 03/31/21 Sold $685,000 -2.0% $519 / Sq Ft
09/09/2020 09/09/20 For Sale $699,000 -- $530 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $685,000 Attorney
Special Warranty Deed $925,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,000 Commercial
Source: Public Records

About the Listing Agent

Lorie Leal

American Caribbean Real Estate

(305) 942-6044

Section Image

Lorie Leal is a native Floridian and has lived all over the state. She and her husband Roland chose Key Largo to be their home in 2001 and haven't looked back! Lorie is a 24-year, full-time, professional Realtor® with American Caribbean Real Estate, a Christie's International Real Estate affiliate in Key Largo. Lorie is continually recognized as a company top performer & has also earned her Christie's Luxury Specialist designation. In 2021, she was inducted into the Christie's Masters Circle,

Lorie's Other Listings

  • 94220 Overseas Hwy Unit 5, Tavernier, FL 33070

    $675,000

    • 2 Beds
    • 2.5 Baths
    • 1,523 Sq Ft
    • 94220 Overseas Hwy
    • Unit 5
    • Tavernier, FL

    SPACIOUS TOWNHOME! Nestled in the tropical hammock on Florida Bay in Tavernier is the exclusive, gated community of Sunset Hammock. This townhome offers a private covered carport that connects to the ground floor entrance foyer, and up the stairs is an expansive open living space with soaring ceilings. The updated kitchen is light and bright with quartz counters, stainless appliances, tiled back

    Lorie Leal American Caribbean Real Estate, Christie's International Real Estate

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  • 97501 Overseas Hwy Unit 131, Key Largo, FL 33037

    $1,975,000

    • 4 Beds
    • 3 Baths
    • 2,635 Sq Ft
    • 97501 Overseas Hwy
    • Unit 131
    • Key Largo, FL

    Welcome to your dream vacation home at Mariners Club Key Largo! This oceanfront penthouse-style condo offers resort-style living with stunning Atlantic views and a private deep-water marina, perfect for boating enthusiasts. Bright and spacious, this 4 bedroom, 3 bath upgraded penthouse corner condo features travertine floors, crown molding, impact windows, a gourmet kitchen, and a luxurious

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    Section Image
  • 6 Silver Springs Dr, Key Largo, FL 33037

    $540,000 Under Contract

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • 6 Silver Springs Dr
    • Key Largo, FL

    Neat & Tidy Bungalow in popular Key Largo Park! This extremely well maintained 2 bedroom CBS home sits on a large, 50 x 100 lot that runs street to street. It's neat as a pin and move in ready with a brand new roof, tankless water heater & fresh paint inside & out. Triple sliders from the main living area open right out to the private, paver courtyard - perfect for morning coffee & al fresco

    Lorie Leal American Caribbean Real Estate, Christie's International Real Estate

    Section Image
  • 147 Long Key Rd, Key Largo, FL 33037

    $795,000

    • 3 Beds
    • 2 Baths
    • 1,133 Sq Ft
    • 147 Long Key Rd
    • Key Largo, FL

    60ft of dockage on a wide canal with direct bay and ocean access on desirable Long Key Road in Lake Surprise. Update the existing 3 bedroom, 2 bath manufactured home or demo and build your dream Keys home surrounded by the swaying palms, just like many of the neighbors have already done! Large, cleared 60 x 100 waterfront lot on a 55' wide canal - no conservation easements, mangrove shorelines or

    Lorie Leal American Caribbean Real Estate, Christie's International Real Estate

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  • 220 Jasmine St, Tavernier, FL 33070

    $1,000,000 Sold Dec 30, 2024

    • 3 Beds
    • 3 Baths
    • 2,200 Sq Ft
    • 220 Jasmine St
    • Tavernier, FL

    ALL CONCRETE BUNKER in an X Zone, beautifully updated! With 2,200sqft under air, this all concrete, 3/3 pool home has it all! Located one of Islamorada's most popular & convenient subdivisions Plantation Key Colony, on a fully fenced and gated lot & a half in an X zone. You'll be greeted by an lots of sunlight & greenery as you come up the stairs through the fully climate controlled sunroom.

    Lorie Leal American Caribbean Real Estate, Christie's International Real Estate

  • 154 Garden St, Tavernier, FL 33070

    $305,000 Sold Feb 03, 2025

    • 2 Beds
    • 1.5 Baths
    • 672 Sq Ft
    • 154 Garden St
    • Tavernier, FL

    Live the Keys Lifestyle! This bright and airy manufactured home in Tavernier's popular Sherrill Park offers everything you need for relaxed coastal living. Perfectly located near Harry Harris Park, enjoy access to the oceanfront sandy beach, boat ramps, basketball courts, playground, and more.Inside, the open living space features tile floors throughout and a nicely updated kitchen with quartz

    Lorie Leal American Caribbean Real Estate, Christie's International Real Estate

  • 174 Westminster Dr, Tavernier, FL 33070

    $1,600,000 Sold Apr 08, 2025

    • 3 Beds
    • 2 Baths
    • 1,648 Sq Ft
    • 174 Westminster Dr
    • Tavernier, FL

    RARE Bayfront oversized corner lot with 160ft on the water in popular Hammer Point! Spectacular Bay Views! ROGO letter in hand! SELLER FINANCING considered! This bayfront doublewide enjoys stunning bay views from almost every room. Take in nightly sunsets from the huge wrap around screen patio or the enclosed Florida room with a cold beverage in hand. Enjoy the beauty of ocean life with 160ft of

    Lorie Leal American Caribbean Real Estate, Christie's International Real Estate

  • 213 Banyan Ln, Tavernier, FL 33070

    $625,000 Sold Aug 26, 2024

    • 3 Beds
    • 2 Baths
    • 1,139 Sq Ft
    • 213 Banyan Ln
    • Tavernier, FL

    For statistical purposes only

    Lorie Leal American Caribbean Real Estate, Christie's International Real Estate

  • 1500 Ocean Bay Dr Unit S3, Key Largo, FL 33037

    $800,000 Sold Jun 04, 2025

    • 3 Beds
    • 3 Baths
    • 925 Sq Ft
    • 1500 Ocean Bay Dr
    • Unit S3
    • Key Largo, FL

    Large 3/3 townhome at popular Kawama Yacht Club in the heart of Key Largo! Rare opportunity to own a 3 level townhome with FANTASTIC RENTAL HISTORY in Key Largo. Solid concrete construction with metal roofs and impact windows & doors. Perfect floor plan for entertaining - the lower level has a bedroom, full bath & rec room/ den; on the second floor there's full bath, open kitchen & living area

    Lorie Leal American Caribbean Real Estate, Christie's International Real Estate

Source: MIAMI REALTORS® MLS

MLS Number: A11694747

MIAMI REALTORS® MLS

APN: 00101999-000810