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$994,000
Property 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.
Full Property Details
Full Property Details for 12690 Overseas Hwy #112
General
- Price: $994,000
- HOA FEE: $1,395/month
- Taxes: $7,502 (2024)
- Status: Active
- Type: Condo
- Source: 927
- MLS ID: 617727
- Updated: 5/13/2026
- Added to Site: 149 day(s) ago
Interior
- Interior Features: Pantry, Smoke Alarms, Storage, Window Treatments
- Appliances: Stainless Steel Appliance(s), Dishwasher, Microwave, Oven, Range, Refrigerator
- Flooring: Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Community Boat Ramp, Bike Paths, Beach, Pool, Airport/Runway
- Pool: Yes
- Pool Description: Concrete, Heated, In Ground, Decked
Exterior
- Deck/Patio: Open Porch/Balcony
- Porch/Patio/Deck: Open Porch/Balcony
Parking
- Parking Features: Covered, Assigned
Location
- Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
- County: Monroe
- Subdivision: Gulfpointe (53.5)
- Driving Directions: Off US 1 behind the Credit Union, all the way to the end is Gulfpointe 2
Community
- Association: Yes
- Assoc. Fees Include: Bldg Exterior Mnt, Building Insurance, Cable TV, Common Area Mnt, Exterminating
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood
- Construction: CBS
- Roof: Metal
- Windows/Doors: Awning Windows, Impact Rstnce Window, Sliding Glass Doors
- Square Feet: 1,352
- Sq. Ft. Source: Property Data Card
- Year Built: 1989
Unit Information
- Unit Type: Unit
Lot Features
- Property View: Open Water View, Bay
- Zoning: RH - Residential High
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay Front, Gulf Front, Open Water
Financial Considerations
- Association Fee: Yes
- Association Fee: $1,395
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,502.82
- Tax Year: 2024
Disclosures and Reports
- Legal Description: UNIT 112 GULFPOINTE II, A CONDOMINIUM OR1087-2354
- Flood Zone: VE-Yes2
- APN: 00100490-000106
Listed by Coldwell Banker Schmitt Real Estate Co., Samuel Davis Williams (305) 289-6559
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Schools
Schools serving 12690 Overseas Hwy #112
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 4.7 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12690 Overseas Hwy #112
Date
Details
Price
Change
Source
12/15/2025
Listed
$994,000
75.93%
MLS
12/06/2019
Sold
$565,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12690 Overseas Hwy #112
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,503
5%
$828,691
3%
2023
$7,154
21%
$805,198
61%
2021
$5,891
-11%
$499,305
-30%
2022
$6,642
13%
$717,703
55%
2021
$5,891
15%
$464,261
8%
2019
$5,120
2%
$428,510
-2%
2018
$5,027
-1%
$435,814
-1%
2017
$5,066
17%
$439,736
25%
2016
$4,324
8%
$350,962
11%
2015
$4,011
-25%
$316,811
-26%
2014
$5,331
7%
$427,562
10%
2013
$4,988
—
$388,693
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12690 Overseas Hwy #112
12690 Overseas Highway #112, Marathon, FL 33050 (MLS# 617727) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 12690 Overseas Highway #112 is currently listed for $994,000 and was received on December 15, 2025. Want to learn more about 12690 Overseas Highway #112? Do you have questions about finding other Condo real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.
