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12690 Overseas Highway , #112

Marathon, FL 33050
  • $994,000
  • STATUS: Active Under Contract
  • ON SITE: 153 Days
  • MLS #: 617727
Under Contract
UPDATED: 54 min ago
$994,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,352
    SQFT
  • $735
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1989
County:

School Ratings & Info

Description

Direct oceanfront unit with almost 2 years of dues effectively already covered by income on the books. Close in May and step into a turnkey, high-income-producing rental with over $30,000 already booked after May 2026 as of 3/24/26. Seller will continue booking up until closing, adding even more value. This well-maintained 2-bedroom, 2.5-bath condo offers direct Gulf views, covered parking, impact windows and doors, solid concrete construction, dockage, and weekly rental potential--making it an ideal Keys getaway or investment opportunity.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/171436095
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12690 Overseas Highway , #112 Marathon, FL 33050

  • Price: $994,000
  • Status: Active Under Contract
  • On Site: 153 Days
  • Updated: 54 min ago
  • MLS #: 617727
2
Beds
2
Baths
1
½ Baths
N/A
Acres
1,352
SQFT
$735
$/SQFT
1989
Built
Neighborhood:
Gulfpointe (53.5)
County:
Monroe
Area:
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Property Description
Direct oceanfront unit with almost 2 years of dues effectively already covered by income on the books. Close in May and step into a turnkey, high-income-producing rental with over $30,000 already booked after May 2026 as of 3/24/26. Seller will continue booking up until closing, adding even more value. This well-maintained 2-bedroom, 2.5-bath condo offers direct Gulf views, covered parking, impact windows and doors, solid concrete construction, dockage, and weekly rental potential--making it an ideal Keys getaway or investment opportunity.
Exterior Features

Architectural Style [] Attached Garage YN No Construction Materials CBS Dockage First Come Dock Exterior Features [] Parking Features [] Patio And Porch Features Open Porch/Balcony Pool Features In GroundConcreteDecked Pool Heated Yes Pool Info Chiller Pool Private YN Yes Roof Metal Roof Vehicle Storage Assigned ParkingCovered Parking Vehicle Storage Cars 2 View [] Waterview Bay/Gulf ViewOpen Water View Window Features [] Windows Doors Sliding Glass DoorsAwning WindowsImpact Rstnce Window

Interior Features

Accessibility Features [] Appliances DishwasherRefrigeratorRangeOvenMicrowaveStainless Steel Appliance(s) Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring TileCarpet Furnished Furnished Interior PantrySmoke AlarmsStorageWindow Treatments Interior Features Storage Laundry Features [] Levels [] Rooms Total 0

Property Features

Above Flood Yes Association Fee 1395 Association Fee Frequency Monthly Association Fee Includes Cable TVExterminatingBldg Exterior MntBuilding InsuranceCommon Area Mnt Association YN Yes Association1st Right Of Refusal Yes Bank Owned No Building Features [] Community Features Community Boat RampBeachBike Paths Control Depth 0 Deed Restricts Unknown Electric [] Flood Zone VE-12 Frontage Type [] Green Energy Generation [] Green Water Conservation [] Land Size 2 Less Than 5 Acres Listing Terms [] Marathon Nbhd Vaca East (Vaca to Coco) Mile Marker 53.5 Min Rental Days 7 Other Equipment [] Other Structures [] Pets Allowed [] Pets WRestrictions 2 pets under 25lbs Potential Short Sale No Property Condition [] Property Sub Type Condominium Public Sewer Hookup Yes Rental Allowed Yes Security Features [] Special Licenses [] Stilt Column Height Medium - 5Ft - 9Ft Tax Annual Amount 7502.82 Tax Legal Description UNIT 112 GULFPOINTE IIA CONDOMINIUM OR1087-2354 Tax Year 2024 Utilities Water Separate MeterElect Separate Meter Utilities Info FKAAMunicipal SewerWater Separate MeterElect Separate Meter Water Source [] Waterfrnt Yes Waterfront Bay FrontGulf FrontOpen Water Waterfront Features [] Waterfront YN Yes Zoning RH - Residential High

Listing courtesy of Samuel Williams of Coldwell Banker Schmitt Real Estate Co.: 305-743-5181.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Bascom Grooms Real Estate
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