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Wade M. Berlin

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12690 Overseas Highway 112
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PRICED AT ONLY: $999,000

Address: 12690 Overseas Highway 112, MARATHON, FL 33050

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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More Like This
  • MLS#: 617727 ( Condominium )
  • Street Address: 12690 Overseas Highway 112
  • Viewed: 1
  • Price: $999,000
  • Price sqft: $739
  • Waterfront: Yes
  • Waterfront Type: Bay Front,Open Water,Gulf Front
  • Year Built: 1989
  • Bldg sqft: 1352
  • Bedrooms: 2
  • Total Baths: 3
  • Full Baths: 2
  • 1/2 Baths: 1
  • Days On Market: 103

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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Features
Building and Construction
  • Absolute Longitude: 81.023679
  • Construction: CBS
  • Floor: Tile, Carpet
  • Porchbalcony: Open Porch/Balcony
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Assigned Parking, Covered Parking
Eco-Communities
  • Pool Info Heated: Yes
  • Pool Info Other: Chiller
  • Pool Info: In Ground, Decked, Concrete
  • Water View: Bay/Gulf View, Open Water View
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Pets Pets Wrestrictions: 2 pets under 25lbs
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer
  • Windowsdoors: Sliding Glass Doors, Impact Rstnce Window, Awning Windows
Amenities
  • Neighborhood Feature: Community Pool, Bike Paths, Airstrip, Beach, Community Boat Ramp
Finance and Tax Information
  • Association Info Association Fee: 1395.00
  • Association Info Assocmnt Fee Per: Monthly
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Tax Year: 2024
Rental Information
  • Min Rental Days: 7.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 8749589
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: Yes
  • Association Info Mandatory Home Owners Asc: Yes
  • Deed Restrictions: Unknown
  • Dockage: First Come Dock
  • Flood Zone: VE-12
  • Furnished: Furnished
  • Interior Features: Pantry, Smoke Alarms, Window Treatments, Storage
  • Legal Description: UNIT 112 GULFPOINTE II, A CONDOMINIUM OR1087-2354
  • Mile Marker: 53.50
  • Parcel Num: 00100490-000106
  • Side: Ocean
  • Species List: No
  • Style: Condo
  • Unit Number: 112
  • Zoning: RH - Residential High
Nearby Subdivisions
Bonefish Towers (54.5)   Cobia Point Condo (49.0)   Coco Plum Terraces (54.5)   Coco Plum Villas (54.5)   Coral Club (50.0)   Faro Blanco   Faro Blanco (48.0)   Gulfpointe (53.5)   Harbor Club South (50.0)   Key Harbor (49.5)   Marathon Country C W (49.5)   Ocean Isles Fishing (52.5)   Royal Plum (54.5)   Seawatch (53.5)   Seawatch At Marathon-phase I A   Shores, The (54.5)   Stirrup Key Condo (52.5)   Tradewinds West (50.0)   Tranquility Bay (48.5)  
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