• OVERSEAS MARATHON, FL 33050

  • 3 Beds 3.5 Baths 1,100 SqFt
  • Commercial / Rent To Own

Property Details for OVERSEAS St, MARATHON, FL 33050

Features

Facts

Pre-Foreclosure Info

Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

Discover your paradise at Tranquility Bay Beach Resort, the most Insta-worthy resort in the Middle Keys! It's the perfect place for your family to make memories AND income! Explore water sports, swim in one of three pools, tee off at the putting green, or unwind at TJ's Tiki Bar. Another option is to find a spot on the white sandy beach and do nothing at all. Experience the convenience of on-site resort management and the potential for income through nightly rentals. Owners enjoy up to 35 days annually and can generate income the rest of the year. Recent earnings paid to owner are impressive: $19K in Q1 2024, $70K in 2023, and $65K in 2022. This spacious two story end-unit home offers 1,100 square feet of living space, featuring a large handicap-accessible kitchen and open living areas with lush tropical views. Kick back and relax with your morning coffee or an evening cocktail on one of two charming porches with views of the bay and gardens. In addition to the main living areas, the first level hosts an ADA compliant primary suite and bath. Upstairs, you'll find a second primary bedroom with ensuite bath and a third bedroom and full bath. This ADA-compliant home is larger than most and has an exterior wheelchair lift. Whether you seek adventure or relaxation, Tranquility Bay offers something for everyone.

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Property Brokerage: Coldwell Banker Schmitt Islamorada 85996 Overseas Highway ISLAMORADA FL 33036
Copyright © 2024 Florida Keys Board of REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.