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$650,000
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Property Description
Seller will consider financing with large downpayment. 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
Full Property Details
Full Property Details for 6850 Overseas Hwy #101
General
- Sold For: $650,000
- HOA FEE: $1,375/month
- Taxes: $3,197 (2024)
- Status: Closed
- Type: Condo
- Source: 927
- MLS ID: 615279
- Added to Site: 351 day(s) ago
Interior
- Interior Features: Granite Counter Top, Tray Ceilings
- Appliances: Stainless Steel Appliance(s), Dishwasher, Microwave, Oven, Refrigerator
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Manager on Premises, Community Dockage, Community Boat Ramp, Tennis Court(s), Pool
- Pool: Yes
- Pool Description: Concrete, In Ground, Decked
Exterior
- Exterior Features: Tennis Court(s), Chickee Hut
- Deck/Patio: Screened Patio
- Porch/Patio/Deck: Screened Patio
Parking
- Parking Features: Open, Guest, Off Street
Location
- Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
- County: Monroe
- Subdivision: Reef At Marathon (50.5)
Community
- Association: Yes
- Assoc. Fees Include: Bldg Exterior Mnt, Building Insurance, Cable TV, Common Area Mnt, Exterminating, Sewer, Water
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless, Ceiling Fans(s)
- Heating Type: Ductless
Structural Information
- Architectural Style: Above Flood
- Construction Status: Updated/Remodeled
- Construction: CBS, Concrete
- Roof: Metal
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window, Sliding Glass Doors
- Square Feet: 1,224
- Sq. Ft. Source: Property Data Card
- Year Built: 1984
- Property Condition: Updated/Remodeled
Unit Information
- Units in Building: 8
- Unit Type: Complex
Lot Features
- Property View: No Waterview
- Zoning: RM - Residential Medium
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay Front
Financial Considerations
- Association Fee: Yes
- Association Fee: $1,375
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,197.83
- Tax Year: 2024
Disclosures and Reports
- Legal Description: UNIT 101 REEF AT MARATHON RESORT CLUB II A CONDOMINIUM OR1007-2485 OR1097-1606 OR1836-430D/C OR1837-361AFF OR1837-362 O
- Flood Zone: AE, AE, AE, VE, VE
- APN: 00103523-000100
Listed by Lokation Real Estate, Dawn M McComish
Sold by Berkshire Hathaway HomeServices Keys Real Estate, Nate Bartlett
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Schools
Schools serving 6850 Overseas Hwy #101
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 | 1.9 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 1.3 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 6850 Overseas Hwy #101
Date
Details
Price
Change
Source
1/19/2026
Sold
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6850 Overseas Highway #101, Marathon, FL 33050 (MLS# 615279) is a Condo property that was sold at $650,000 on January 19, 2026. Want to learn more about 6850 Overseas Highway #101? 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.

