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6850 Overseas Highway 101
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PRICED AT ONLY: $719,000

Address: 6850 Overseas Highway 101, MARATHON, FL 33050

Description

Discover a rare investment opportunity in the heart of the Florida Keys with this beautifully upgraded 3 bedroom, 3 bath unit at The Reef in Marathon. Set against the tranquil backdrop of the bay with direct access to the Gulf of Mexico, this versatile property is ideal for investors and island dreamers alike.Designed with flexibility in mind, this unique unit allows for a variety of rental configurations including vacation rentals, long term leases, or even keeping a portion for personal use while generating income from the rest. With 7 day rentals permitted, the possibilities are endless.Inside, you'll find thoughtful, high end finishes throughout, including rich wood cabinetry, granite countertops, stained concrete floors with tile base, and completely renovated bathrooms featuring large walk in showers. Every detail has been updated to offer comfort, durability, and coastal style.The Reef is a sought after waterfront community offering resort style amenities, including a large saltwater pool, tennis courts, and a spacious marina with boat slips available by reservation. Guests and owners enjoy access to bicycles, paddle boats, and paddleboards, as well as convenient parking for boat trailers during their stay.This is more than a vacation home it's a lifestyle and an income producing asset, all in one of the most desirable locations in the Florida Keys. Don't miss your chance to own a piece of paradise.Co listed with Zillow

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More Like This
  • MLS#: 615279 ( Condominium )
  • Street Address: 6850 Overseas Highway 101
  • Viewed: 7
  • Price: $719,000
  • Price sqft: $587
  • Waterfront: Yes
  • Waterfront Type: Bay Front
  • Year Built: 1984
  • Bldg sqft: 1224
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 142

Description

Discover a rare investment opportunity in the heart of the Florida Keys with this beautifully upgraded 3 bedroom, 3 bath unit at The Reef in Marathon. Set against the tranquil backdrop of the bay with direct access to the Gulf of Mexico, this versatile property is ideal for investors and island dreamers alike.Designed with flexibility in mind, this unique unit allows for a variety of rental configurations including vacation rentals, long term leases, or even keeping a portion for personal use while generating income from the rest. With 7 day rentals permitted, the possibilities are endless.Inside, you'll find thoughtful, high end finishes throughout, including rich wood cabinetry, granite countertops, stained concrete floors with tile base, and completely renovated bathrooms featuring large walk in showers. Every detail has been updated to offer comfort, durability, and coastal style.The Reef is a sought after waterfront community offering resort style amenities, including a large saltwater pool, tennis courts, and a spacious marina with boat slips available by reservation. Guests and owners enjoy access to bicycles, paddle boats, and paddleboards, as well as convenient parking for boat trailers during their stay.This is more than a vacation home it's a lifestyle and an income producing asset, all in one of the most desirable locations in the Florida Keys. Don't miss your chance to own a piece of paradise.Co listed with Zillow
Request More Information
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Features
Building and Construction
  • Absolute Longitude: 81.066059
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Tennis Court(s)
  • Floor: Concrete
  • Porchbalcony: Screened Patio
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 8.00
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Open Parking, Trailer Storage, Off Street Parking, Guest Parking
Eco-Communities
  • Pool Info: In Ground, Decked, Concrete
  • Water View: No Waterview
Utilities
  • Cooling: Ceiling Fans(s), Ductless
  • Heating: Ductless
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Buyer to Verify
  • Windowsdoors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
Amenities
  • Neighborhood Feature: Community Pool, Manager on Premises, Tennis Courts, Community Boat Ramp, Community Dockage
Finance and Tax Information
  • Association Info Association Fee: 1375.00
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Tax Year: 2024
Rental Information
  • Min Rental Days: 7.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 8708769
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: Yes
  • Deed Restrictions: Yes
  • Dockage Dock: Wood
  • Dockage: Dock Privileges, Basin, Boat Ramp, First Come Dock
  • Flood Zone: AE, AE, AE, VE, VE
  • Furnished: Negotiable
  • Interior Features: Granite Counter Top, Tray Ceilings
  • Legal Description: UNIT 101 REEF AT MARATHON RESORT CLUB II A CONDOMINIUM OR1007-2485 OR1097-1606 OR1836-430D/C OR1837-361AFF OR1837-362 OR
  • Limitd Reprsntation: No
  • Mile Marker: 50.50
  • Parcel Num: 00103523-000100
  • Side: Bay/Gulf
  • Style: Condo
  • Unit Number: 101
  • Zoning: RM - Residential Medium
Nearby Subdivisions
Bonefish Towers (54.5)   Bougainvillea Villas Condomini   Captains Quarters (50.0)   Cobia Point Condo (49.0)   Coco Plum Terraces (54.5)   Coco Plum Villas (54.5)   Coral Club (50.0)   Coral Lagoon Resort (53.0)   Faro Blanco   Faro Blanco (48.0)   Gulfpointe (53.5)   Harbor Club South (50.0)   Harbor House (50.0)   Island Club (50.0)   Key Harbor (49.5)   Lady Alexander (49.5)   Lemon Cove (50.0)   Marathon Country C E (49.5)   Marathon Country C W (49.5)   Marina Vil Hwks Cay (61.0)   Marina Villas At Hawks Cay   Ocean Isles Fishing (52.5)   Overseas Estates (52.0)   Reef At Marathon (50.5)   Royal Plum (54.5)   Sea View Condo (marathon) (52.   Seawatch (53.5)   Shores, The (54.5)   Sombrero Properties (49.5)   Sombrero Ridge Two (49.5)   Spanish Galleon (50.0)   Stirrup Key Condo (52.5)   Tradewinds West (50.0)   Tranquility Bay (48.5)   Treasure Cay (54.5)  
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