Introducing a stunning poolside retreat now available on the market! This charming two-story townhome is ideally situated just steps from a magnificent resort-style pool, a cozy beachside tiki hut, and a pristine white sandy beach with breathtaking Gulf of Mexico views. The appeal of these beach amenities is unmatched in the area.Tranquility Bay is well-known for its exceptional offerings, perfect for families seeking a dream getaway. Enjoy a state-of-the-art fitness center, a delightful putting green, and the acclaimed Butterfly Cafe, all complemented by the relaxed atmosphere of TJ's Tiki Bar right by the water. The resort maintains a strict non-smoking and no-pets policy (with the exception of service animals), ensuring a peaceful environment for all guests.Unit #22 showcases meticulous upkeep, featuring three bedrooms with cathedral ceilings and two bathrooms upstairs, along with a convenient half bath downstairs. Bright white balconies and spacious patios provide ideal spots for relaxation and outdoor enjoyment.Owners can enjoy up to 35 days annually in this luxurious home while also benefiting from strong rental income opportunities to help offset ownership costs. An on-site property manager oversees the property, ensuring smooth operations and peace of mind for both owners and guests.Net Owner Income:2022: $99, 570.002023: $77, 647.002024: $18, 976.70 (January & February)HOA Monthly Fees:Master Dues: $798.43 (insurance)Condo Dues: $1, 036.47Total: $1, 834.90 per month
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3.00
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Interior Features
- Drapes/Blinds Incl
- Granite Counter Top
- Smoke Alarms
- Split Bedroom
- Cathedral Ceilings
- Furnished Description: Negotiable
- Flooring: Tile, Carpet
- Window Features: French Doors, Other Windows/Doors
Appliances
- Washer
- Stainless Steel Appliance(s)
- Microwave
- Oven
- Refrigerator
- Dishwasher
- Dryer
Heating and Cooling
- Cooling Features: Central Air, Ceiling Fans(s)
Exterior and Lot Features
- Gazebo
- Sandy Beach
- Porch Description: Open Porch/Balcony, Patio
Pool and Spa
Waterfront and Water Access
Garage and Parking
- Garage Description: Open Parking, Guest Parking
Home Features
- View: Bay/Gulf View
- Security Features: On Premises System
Homeowners Association
- Association: Yes
- Association Amenities: Cable, Common Area Mnt, Building Insurance
- Association Fee: 1834
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 1834
- Pet Description: No Pets Allowed
Multi-Unit Info
Rental Info
- Lease Term: Min Rental Days: 1.00
Amenities and Community Features
- Community Features: Community Pool, Beach
Other Property Info
- Annual Tax Amount: 6119.30
- Source Listing Status: Active
- County: Monroe
- Directions: The property is located on Overseas Highway on the Gulf side in Marathon.
- Tax Year: 2023
- Source Property Type: Residential - Condo/Townhouse
- Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
- Property Subtype: condo
- Source Neighborhood: Tranquility Bay (48.5)
- Parcel Number: 00101999-000305
- Subdivision: Tranquility Bay (48.5)
- Zoning: RH - Residential High
- Property Subtype: Condotel
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1320
- Year Built: 2004
- Construction Materials: Frame
- Living Area Source: Property Data Card
- Property Age: 20
- Roof: Metal Roof
- Levels or Stories: 2
- House Style: Townhouse
Utilities
- FKAA
- Water Separate Meter
- Cable Available
- Elect Separate Meter
- Municipal Sewer