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$1,100,000
12399 Overseas Highway, 2
Marathon, FL 33050
MLS# 597296
3 beds  |  3 baths  |  1360 sqft


12399 Overseas Highway, 2, Marathon, FL 33050
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Property Description
Coral Lagoon is a premier resort style boutique community in Marathon. Only 25 townhomes with marina and community pool. Townhouse #2 has 3 beds and 2.5 bathrooms with over 1,360 SF of interior space, porch and upstairs balcony. Large kitchen with open layout to dining and living room. Upstairs offers 3 bedrooms with high ceilings. Townhouse #2 offers one of the best views in the community. It's also one of the top producing units with over 118k gross booked for 2021 and still taking reservations! The townhouse comes fully furnished and is meticulously maintained by the current owner. The A/C has been serviced twice a year and filters changed monthly. UV lights were recently installed inside the A/C unit to sanitize the air and reduce mold growth. Other updates include new tankless water heater, new LED TV's with either smart TV tech or AMAZON firesticks to give guests the latest in streaming, all new memory foam mattresses, linens and new towels were purchased in the last year. Home automation include wireless cameras for the front and back, NEST thermostat, WIFI electronic door lock and many more features making the renting process seamless. And to top it off, all brand-new downstairs furniture including a new queen sofa bed, increasing the overall occupancy rate. Coral Lagoon is one of the few properties in the Keys to allow a minimum 3-night rental. The current owner is willing to assist the new owner in the management of reservations.

Details
Maps
Contract Information
Current Price: $1,100,000
Listing Date: 2021-08-13
Listing Board: Florida Keys
List Price: $1,100,000
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 12399
Street Name: Overseas
Street Suffix: Highway
Unit #: 2
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Coral Lagoon Resort (53.0)
Mile Marker: 53
Area: 18 - East of Holiday Inn US #1 & Coco Plum
Marathon Neighborhood: Vaca East (Vaca to Coco)
Side: Ocean
Flood Zone: AE
Alternate Key #: 9091129
Parcel #: 00100390-000200
Zoning: RM - Residential Medium
Deed Restrictions: Yes
Legal: 5 66 33 FAT DEER KEY PT GOVT LOT 3 (AKA PARCEL 2 THE VILLAGE AT 12399 OVERSEAS HWY) OR2290-1331/1419DEC OR2290-1420/76DE
Taxes: 5982.18
Tax Year: 2020
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Control Depth: 6
Unit/Complex: Unit
Pool: Yes
Year Built: 2007
Lot SqFt: 1043
Acres: 0.02
Living Apx SqFt: 1360
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 2
Half Baths: 1
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 3
Remarks & Misc
Remarks – Consumer: Coral Lagoon is a premier resort style boutique community in Marathon. Only 25 townhomes with marina and community pool. Townhouse #2 has 3 beds and 2.5 bathrooms with over 1,360 SF of interior space, porch and upstairs balcony. Large kitchen with open layout to dining and living room. Upstairs offers 3 bedrooms with high ceilings. Townhouse #2 offers one of the best views in the community. It's also one of the top producing units with over 118k gross booked for 2021 and still taking reservations! The townhouse comes fully furnished and is meticulously maintained by the current owner. The A/C has been serviced twice a year and filters changed monthly. UV lights were recently installed inside the A/C unit to sanitize the air and reduce mold growth. Other updates include new tankless water heater, new LED TV's with either smart TV tech or AMAZON firesticks to give guests the latest in streaming, all new memory foam mattresses, linens and new towels were purchased in the last year. Home automation include wireless cameras for the front and back, NEST thermostat, WIFI electronic door lock and many more features making the renting process seamless. And to top it off, all brand-new downstairs furniture including a new queen sofa bed, increasing the overall occupancy rate. Coral Lagoon is one of the few properties in the Keys to allow a minimum 3-night rental. The current owner is willing to assist the new owner in the management of reservations.
Directions: Coral Lagoon is located at MM 53. Unit 2 is located in the back (left) close to the Marina.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 482
Building Style
Above Flood: Unknown
Pets
Pets w/Restrictions: check with HOA
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Property Features
Fee Includes: Water
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View; Open Water View
Dockage: None
Property Condition: Updated/Remodeled
Vehicle Storage: Open Parking
Furnished: Furnished
Cooling/Heating: Central A/C
Porch/Balcony: Deck
Utilities: Cable Available
Interior Features: Built-in Cabinets; Granite Counter Top; Window Treatments
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer
Pool Info: In Ground
Construction: Frame
Windows/Doors: French Doors
Floor: Tile Floor
Neighborhood Feature: Community Pool
Security: Other Security
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Title Ins - Buyer

Listing Office: Brown Harris Stevens Miami

Listing Agent: Christian Dreyfuss

Last Updated: September - 14 - 2021

12399 Overseas Highway, 2, Marathon, FL 33050 - MLS# 597296

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.