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Under contract
  • Price cut: $125K (7/6)
    $525,000

    12690 Overseas Hwy APT 51, Marathon, FL 33050

    2beds
    1,387sqft
    : 
    $4,641/mo
    Get pre-qualified
    Condominium
    Built in 1989
    -- sqft lot
    $484,200 Zestimate®
    $379/sqft
    $1,400/mo HOA

    What's special

    Heated poolOutdoor living with balconiesCovered parkingDurable metal roofPrivate bathPickleball courtDining space
    Unbeatable Value Priced to Sell Don't Miss Out On ...the perfect blend of coastal comfort and investment potential in this elevated 2-bedroom, 2.5-bath condo located directly on the stunning Gulf in the Fabulous Florida Keys. Whether you're searching for a year-round home, a weekend retreat for world-class fishing, or a high-demand vacation rental (weekly rentals permitted!), this property checks all the boxes. Tucked within the well-maintained Gulfpointe complex Number One, residents enjoy a heated pool, pickleball court, and Gulfside dockage with finger piers—ideal for boaters looking for quick access to both the Gulf and Atlantic. The home features an open-concept main floor with a spacious living area, updated kitchen, dining space, and a convenient half bath. Upstairs, you'll find a comfortable primary suite with a private bath, an additional bedroom, and a full hallway bathroom. Enjoy outdoor living with balconies on both levels, plus the peace of mind that comes with impact-rated windows and doors, a durable metal roof, and solid concrete construction. Covered parking accommodates up to three vehicles.**Gulfpointe 1 has its own pool and docking facilities. Dock access is first-come for owners**The docks can accommodate boats up to 36 feet **They allow 7-day rentals**Elevated Building has covered parking and can accommodate up to three cars or a car and a boat trailer. DON'T MISS THIS OPPORTUNITY - THE SELLERS ARE MOTIVATED
    388 days
    |
    461
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robin G Nilsson 239-221-4230,

    Keller Williams Key West Compass Realty

    Source: FLKMLS,MLS#: 615733MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Microwave
      Features
      • Storage
      • Flooring: Tile
      Interior area
      • Total structure area: 1,387
      • Total interior livable area: 1,387 sqft

      Property

      Features
      • Patio & porch: Open Porch/Balcony
      • Exterior features: Lighting, Tennis Court(s)
      • Has private pool: Yes
      • Pool features: In Ground, Concrete, Decked
      Details
      • Parcel number: 00100491001700
      • Zoning: RM - Residential Medium

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • CBS
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

      Community & HOA

      Community
      • Features: Community Boat Ramp, Other, Bike Paths
      • Security: Security Guard
      • Subdivision: Gulfpointe (53.5)
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Maintenance Structure, Insurance, Common Area Mnt
      • HOA fee: $4,200 quarterly
      Location
      • Region: Marathon

      Financial & listing details

      • Price per square foot: $379/sqft
      • Tax assessed value: $589,322
      • Annual tax amount: $5,654
      • Date on market: 7/12/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $484,200

        $460,000 - $508,000

        $3,446/mo

        Price history

        DateEventPrice
        7/12/2026Contingent$525,000$379/sqft
        Source: Key West AOR #615733 Report a problem
        7/12/2026Listed for sale$525,000$379/sqft
        Source: Key West AOR #615733 Report a problem
        7/12/2026Pending sale$525,000$379/sqft
        Source: FLKMLS #615733 Report a problem
        7/6/2026Price change$525,000-19.2%$379/sqft
        Source: FLKMLS #615733 Report a problem
        4/4/2026Price change$650,000-4.4%$469/sqft
        Source: Key West AOR #615733 Report a problem
        1/27/2026Price change$680,000-2.2%$490/sqft
        Source: Key West AOR #615733 Report a problem
        7/9/2025Listed for sale$695,000-7.2%$501/sqft
        Source: FLKMLS #615733 Report a problem
        7/2/2025Listing removed--
        Source: Owner Report a problem
        6/2/2025Listed for sale$749,000+76.2%$540/sqft
        Source: Owner Report a problem
        2/18/2018Listing removed$425,000$306/sqft
        Source: RE/MAX All Keys (Marathon) Real Estate #576664 Report a problem
        8/17/2017Price change$425,000+6.8%$306/sqft
        Source: RE/MAX All Keys (Marathon) Real Estate #576664 Report a problem
        4/20/2017Price change$398,000-0.3%$287/sqft
        Source: RE/MAX All Keys (Marathon) Real Estate #574310 Report a problem
        2/17/2017Listed for sale$399,000$288/sqft
        Source: RE/MAX All Keys Real Estate #574310 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,717 +1.1%$520,757 +10%
        2024$5,655 +5.1%$473,415 +10%
        2023$5,380 +7.3%$430,377 +10%
        2022$5,015 +12.2%$391,252 +10%
        2021$4,471 +5.5%$355,684 +5.3%
        2020$4,236 $337,813 -4.8%
        2019$4,236 -3.7%$354,735 -7.1%
        2018$4,401 -1.3%$381,837 +3.9%
        2017$4,458 +6%$367,539 +19.7%
        2016$4,206 +7.5%$307,105 +15.9%
        2015$3,913 $264,892
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33050

        Getting around

        26 / 100
        Car-Dependent
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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