$700,000

2600 Overseas Hwy Unit Tranquility Bay 25 Marathon, FL 33050

Estimated payment $6,339/month

Total Views 1,301
3 Beds
3.5 Baths
1,100 Sq Ft
$636 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • Furnished

About This Home

Discover your paradise at Tranquility Bay Beach Resort, the most Insta-worthy resort in the Middle Keys! It's the perfect place for your family to make memories AND income! Explore water sports, swim in one of three pools, tee off at the putting green, or unwind at TJ's Tiki Bar. Another option is to find a spot on the white sandy beach and do nothing at all. Experience the convenience of on-site resort management and the potential for income through nightly rentals. Owners enjoy up to 35 days annually and can generate income the rest of the year. Recent earnings paid to owner are impressive: $57K 2024, $70K in 2023, and $65K in 2022. This spacious two story end-unit home offers 1,000+/- square feet of living space, featuring a very large kitchen and open living areas with lush tropical views. Kick back and relax with your morning coffee or an evening cocktail on one of two charming porches with views of the bay and gardens. In addition to the main living areas, the first level hosts a spacious primary suite and bath. Upstairs, you'll find a second primary bedroom with ensuite bath and a third bedroom and full bath. Whether you seek adventure or relaxation, Tranquility Bay offers something for everyone.

Listing Agent

Christy Hughes

Coldwell Banker Schmitt Islamorada License #3265558

Coldwell Banker Schmitt Islamorada

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,507

Year Built

  • Built in 2004

Lot Details

  • Property fronts gulf or ocean
  • Sandy Beach

HOA Fees

  • $1,980 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Furnished
  • French Doors
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Handicap Accessible
  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 00101999-000401

Community Details

Overview

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

Recreation

  • Beach
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,507

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,980 per month

Listing Details

  • Property Type: Residential
  • Style: Condotel
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1979.97
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance
  • Handicap Access: Yes
  • 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, Beach
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5507.29
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 2004
  • Alternate Key Number: 9082290
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1100.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Gulf Front
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Sandy Beach
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00101999-000401
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

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 $4,997 $540,948 -- $540,948
2023 $4,997 $540,948 $0 $540,948
2022 $4,418 $411,406 $0 $411,406
2021 $4,217 $372,477 $0 $372,477
2020 $4,154 $372,477 $0 $372,477
2019 $4,286 $385,970 $0 $385,970
2018 $3,643 $386,843 $0 $0
2017 $3,458 $382,044 $0 $0
2016 $3,174 $316,886 $0 $0
2015 $3,046 $316,886 $0 $0
2014 $2,584 $207,060 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $700,000 +3.7% $636 / Sq Ft
06/26/2023 06/26/23 Sold $675,000 -3.4% $614 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/17/2023 04/17/23 Price Changed $699,000 -4.9% $635 / Sq Ft
03/27/2023 03/27/23 Price Changed $735,000 -5.2% $668 / Sq Ft
02/10/2023 02/10/23 Price Changed $775,000 -3.0% $705 / Sq Ft
01/18/2023 01/18/23 For Sale $799,000 +69.8% $726 / Sq Ft
09/20/2018 09/20/18 Sold $470,500 -5.7% $376 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $499,000 -- $399 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $470,500 Florida Title Of The Keys
Warranty Deed $470,500 Florida Title Professionals
Warranty Deed $625,000 Attorney
Special Warranty Deed $600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $696,000 New Conventional
Closed $377,000 Commercial
Closed $376,400 Commercial
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 614947

Florida Keys Board of REALTORS®

APN: 00101999-000401