Tranquility Bay (48.5)

2600 Overseas Highway #49, Marathon, FL 33050

Description

First time on the market, Unit 49 was the first unit sold when this resort was under construction! Owner's family has grown and they are moving on to a larger property, but say they will still plan vacations at Tranquility Bay! Owners spend 25 nights in the unit last year and received $44K in rental checks! This 2 bedroom townhouse is in a desirable location, in the heart of the resort! Beautiful Gulf views, close to the pools, beach, waterfront tiki bar, restaurant and all the amenities! Excellent rental income as well, income reports available upon request. If you're looking for an income property that you can also use up to 12 weeks per year, this resort property is a perfect fit for you! You won't find a better return at this price point!

Details

MLS#585404
StyleTown House
Sub-TypeResale
StatusActive
Year2004
Days On Site80

Features

Bed(s)2
Bath(s) 2 Full, 1 Half
SQ Feet850
PoolYes
Story(s)1 Story
Water FrontGulf Front
Property ViewYes

Market Activity 33050

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Area Information

StateFL
CountyMonroe
CityMarathon
Zip Code33050
AreaMiddle Keys
Community NameTranquility Bay (48.5)
Listing VS Median (in Tranquility Bay (48.5))
Price:
$429,000
low | high
Med:
$709,000
15.268065268065% of Average
SqFt:
850
low | high
Med:
660
72.352941176471% of Average
$ / SqFt:
$505
low | high
Med:
$265
97.539203221021% of Average
On Site:
80
low | high
Med:
292
27.397260273973% of Average
Listing Updated: 07/17/2019