$994,000
 $5,336 est/mo Sourced by Back At You

12690 Overseas Highway 112,MARATHON, FL 33050

MARATHON, FL 33050

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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.

Details

MLS #617727
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,395
Sub-TypeResale
StatusContingent/show
Year1989
Days On Site253
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Samuel Davis Williams

Features

Bed(s)2
Bath(s) 3 Total
SQ Feet1,352
PoolYes
ZoningRH - Residential High
Water FrontYes
Property ViewOpen Water View, Bay

Taxes

Property7502

Area Information

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area17 Vaca Cut Both Sides Holiday Inn | Key Colony
Community NameGulfpointe (53.5)
Listing VS Median (in Gulfpointe (53.5))
Price:
$994,000
low | high
Med:
$799,000
69.617706237425% of Average
sqft:
1,352
low | high
Med:
1,352
50% of Average
$ / sqft:
$735
low | high
Med:
$591
69.617706237425% of Average
On site:
253
low | high
Med:
72
100% of Average
Sourced by Back At You

Market Activity 33050

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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area17 Vaca Cut Both Sides Holiday Inn | Key Colony
Community NameGulfpointe (53.5)
Listing VS Median (in Gulfpointe (53.5))
Price:
$994,000
low | high
Med:
$799,000
69.617706237425% of Average
sqft:
1,352
low | high
Med:
1,352
50% of Average
$ / sqft:
$735
low | high
Med:
$591
69.617706237425% of Average
On site:
253
low | high
Med:
72
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $745K - $1.242M
sqft: 1,000 - 1,500
Listing Updated: May 18, 2026 at 8:11:08 AM PDT