12690 Overseas Highway 112, Marathon, FL 33050
$994,000
Property Type:
Residential
Bedrooms:
2
Baths:
3
Square Footage:
1,352
Status:
Contingent/Show
Current Price:
$994,000
List Date:
12/17/2025
Last Modified:
5/18/2026
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.
More Information MLS# 617727
Contract Information
Current Price: $994,000
Listing Date: 2025-12-15
Listing Board: Marathon/Lower Keys
List Price: $994,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location Tax Legal
Street #: 12690
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Gulfpointe (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Unit/Complex: Unit
Pool: Yes
Year Built: 1989
Living Apx SqFt: 1352
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 7
Status Change Info
Contingent: Contingent/Show
Status: Contingent/Show
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Association Fee $: 1395
Assoc/Mnt Fee Per: Monthly
Building Style
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
Vehicle Storage
Car(s): 2
Pool Info
Other: Chiller
Heated: Yes
Pets
Pets w/Restrictions: 2 pets under 25lbs
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: First Come Dock
Vehicle Storage: Assigned Parking; Covered Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Pantry; Smoke Alarms; Storage; Window Treatments
Appliances: Dishwasher; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s)
Pool Info: In Ground; Concrete; Decked
Construction: CBS
Floor: Carpet; Tile
Roof: Metal Roof
Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp; Community Pool
Land Size: 2 Less Than 5 Acres
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: May - 18 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
