Tranquility Bay (48.5)

2600 Overseas Highway #85, Marathon, FL 33050

Description

Best priced direct Gulf front 3 bedroom unit at beautiful Tranquility Bay Beach Resort! #85 is tucked away in a private and tranquil location but still near the beach and adult pool. These lagoon units have higher rental income than the units that sit back off the water and make excellent investment properties! $71K rental checks to owner w/ est. net after all expenses of $35K! You can't find a better return at this price point! You'll love the laid back vibe of this beach resort in Marathon, relaxing on the sandy beach, swimming in one of 3 pools, having a wonderful dinner at the Butterfly Cafe and enjoying a Margarita at the waterfront tiki bar! Sold fully furnished and turn key, nothing to do but start receiving your rental checks! Owners have 12 weeks use per year.

Details

MLS#583880
StyleTown House
Sub-TypeResale
StatusActive
Year2004
Days On Site121

Features

Bed(s)3
Bath(s) 2 Full, 1 Half
SQ Feet1,320
PoolYes
Story(s)1 Story
Water FrontOpen Water
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:
$729,000
low | high
Med:
$699,000
54.115226337449% of Average
SqFt:
1,320
low | high
Med:
1,320
50% of Average
$ / SqFt:
$552
low | high
Med:
$530
54.115226337448% of Average
On Site:
121
low | high
Med:
438
27.625570776256% of Average
Listing Updated: 05/24/2019