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.
Sold for $960,000
Zestimate®
$960,000
12690 Overseas Hwy #112, Marathon, FL 33050
2beds
1,352sqft
Condominium
Built in 1989
-- sqft lot
$960,000 Zestimate®
$710/sqft
$3,877 Estimated rent
Home value
$960,000
$864,000 - $1.07M
$3,877/mo
Zestimate® history
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$3,877/mo
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$7,210/mo
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List your homeWhat's special
Direct gulf viewsDirect oceanfront unitCovered parkingImpact windows and doors
Zillow last checked:
Listing updated:
Listed by:
Samuel Davis Williams 305-289-6559,
Coldwell Banker Schmitt Real Estate Co.
Bought with:
Tisa Del Valle, 3283115
American Caribbean Real Estate, Christie's International Real Estate
Source: FLKMLS,MLS#: 617727
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Features
- Storage
- Flooring: Tile, Carpet
- Furnished: Yes
Interior area
- Total structure area: 1,352
- Total interior livable area: 1,352 sqft
Property
Features
- Patio & porch: Open Porch/Balcony
- Has private pool: Yes
- Pool features: In Ground, Concrete, Decked
- On waterfront: Yes
Details
- Parcel number: 00100490000106
- Zoning: RH - Residential High
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS
Condition
- Year built: 1989
Utilities & green energy
- Utilities for property: Water Separate Meter, Elect Separate Meter
Community & HOA
Community
- Features: Community Boat Ramp, Beach, Bike Paths
- Subdivision: Gulfpointe (53.5)
HOA
- Has HOA: Yes
- Services included: Cable TV, Pest Control, Maintenance Structure, Insurance, Common Area Mnt
- HOA fee: $1,395 monthly
Location
- Region: Marathon
Financial & listing details
- Price per square foot: $710/sqft
- Tax assessed value: $828,691
- Annual tax amount: $7,502
- Date on market: 12/17/2025
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Sold | $960,000-3.4%$710/sqft |
Source:  FLKMLS #617727 Report a problem | ||
| 5/18/2026 | Contingent | $994,000$735/sqft |
Source: FLKMLS #617727 Report a problem | ||
| 4/1/2026 | Price change | $994,000-0.5%$735/sqft |
Source: FLKMLS #617727 Report a problem | ||
| 2/5/2026 | Price change | $999,000-5.7%$739/sqft |
Source:  Key West AOR #617727 Report a problem | ||
| 12/17/2025 | Listed for sale | $1,059,000+87.4%$783/sqft |
Source: FLKMLS #617727 Report a problem | ||
| 12/30/2019 | Sold | $565,000+8.7%$418/sqft |
Source: Public Record Report a problem | ||
| 6/15/2016 | Sold | $520,000-5.4%$385/sqft |
Source:  MLKAR #569177 Report a problem | ||
| 5/2/2016 | Pending sale | $549,500$406/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #569177 Report a problem | ||
| 12/15/2015 | Price change | $549,500+4.7%$406/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #569177 Report a problem | ||
| 12/10/2015 | Price change | $525,000-4.5%$388/sqft |
Source: Schmitt Real Estate Co. #569177 Report a problem | ||
| 12/8/2015 | Listed for sale | $549,500+4.7%$406/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #569177 Report a problem | ||
| 1/23/2015 | Listing removed | $525,000$388/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #565322 Report a problem | ||
| 9/27/2014 | Listed for sale | $525,000-4.5%$388/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #565322 Report a problem | ||
| 5/7/2004 | Sold | $550,000$407/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,579 +1% | $731,034 +10% |
| 2024 | $7,503 +4.9% | $664,576 +10% |
| 2023 | $7,154 +7.7% | $604,160 +10% |
| 2022 | $6,642 +12.7% | $549,236 +10% |
| 2021 | $5,891 +7.7% | $499,305 +7.5% |
| 2020 | $5,468 | $464,261 +8.3% |
| 2019 | $5,468 +6.8% | $428,510 -1.7% |
| 2018 | $5,120 +1.9% | $435,814 -0.9% |
| 2017 | $5,027 -0.8% | $439,736 +25.3% |
| 2016 | $5,066 | $350,962 +10.8% |
| 2015 | -- | $316,811 |
Find assessor info on the county website
Neighborhood: 33050
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Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 4.7 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 4 mi
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Estimated market value
$960,000
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Estimated market value
$960,000
- Florida
- Monroe County
- Marathon
- 33050
- 12690 Overseas Hwy Unit 112
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