NOT LISTED FOR SALE

2600 Overseas Hwy Unit 87 Marathon, FL 33050

Estimated Value: $928,037

3 Beds
2.5 Baths
1,320 Sq Ft
$703/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $685,000 $519 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,404/month

169 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Cathedral Ceiling
  • Coral Shores High School Rated A
  • Outdoor Pool
  • Furnished

About This Home

As of March 2021

This fabulous three bedroom Tranquility Bay home is perfectly situated on ''Dolphin Lagoon''. Enjoy stunning sunsets and breathtaking open water bay views from your lovely back deck. There is much to be desired in owning within a resort community. Take advantage of the many amenities right on property including fine dining, tiki bar, 2 pools, sandy beach, putting green, & water sports. Great income potential and the resort is located in the heart of Marathon where you have endless restaurants and activities to choose from.

Last Agent to Sell the Property

Margaret Crowley

Florida Keys Realty Group LLC License #3209961 Listed on: 09/09/2020

Last Buyer's Agent

Howard & Lily Leitner

Robert Slack LLC License #0518284

Robert Slack LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,185

Year Built

  • Built in 2004

Lot Details

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

HOA Fees

  • $1,365 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • French Doors
  • Tile Flooring
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • 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 00101999-000810

Community Details

Overview

  • Association fees include building insurance, common area mnt
  • Tranquility Bay Subdivision
  • The community has rules related to deed restrictions
  • Rental 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

$6,185

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,835 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1365.29
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Building Insurance, Common Area Mnt
  • 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: Community Pool, Other Area Features, Beach, Fire Hydrant, Manager on Premises
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6185.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 2004
  • Alternate Key Number: 9083147
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1320.00
  • Pool Info Other Surroundings: community pools 2
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Single Hung Windows, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00101999-000810
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Mar 31, 2021
Sold by
Strang Family Limited Partnership
Bought by
Luster Dina and Luster Jason
Seller's Agent
Margaret Crowley
Florida Keys Realty Group LLC
Buyer's Agent
Howard & Lily Leitner
Robert Slack LLC
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$928,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,037
Avg. Annual Appreciation
7.03%
Original Mortgage
$548,000
Outstanding Balance
$413,322
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$514,715

Purchase Details

Closed on
Sep 23, 2005
Sold by
Marathon Resort Development Inc
Bought by
Strang Family Lp
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
Luster Dina $685,000 Attorney
Strang Family Lp $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luster Dina $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Off Market $1,085,000 -- --
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: 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 $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

Agents Affiliated with this Home

  • Shelby Morris

    Seller's Agent in 2024

    Shelby Morris

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 393-3686

    100 Total Sales

    Shelby Morris
    Section Image
  • Lorie Leal

    Seller Co-Listing Agent in 2024

    Lorie Leal

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 942-6044

    147 Total Sales

    Lorie Leal
    Section Image
  • Margaret Crowley

    Seller's Agent in 2021

    Margaret Crowley

    Florida Keys Realty Group LLC

    (305) 923-5658

    253 Total Sales

    Margaret Crowley
    Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 592476

APN: 00101999-000810

Florida Monroe County Marathon 33050

2600 Overseas Hwy Unit 87, Marathon, FL

This home is located at 2600 Overseas Hwy Unit 87, Marathon, FL 33050 since 09 September 2020 and is currently estimated at $928,037, approximately $703 per square foot. This property was built in 2004. 2600 Overseas Hwy Unit 87 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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