12690 Overseas Highway 51, Marathon, FL 33050

$695,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,387 Status: Active
Current Price: $695,000 List Date: 7/09/2025 Last Modified: 12/14/2025

Description

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

More Information MLS# 615733

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Current Price: $695,000 Listing Date: 2025-06-26 List Price: $695,000

Location, Tax & Legal

Unit #: 51 City: MARATHON Mile Marker: 53.5 Marathon Neighborhood: Vaca East (Vaca to Coco) Side: Bay/Gulf Flood Zone: AE,VE,AE,VE Alternate Key #: 8691165 Parcel #: 00100491-001700 Zoning: RM - Residential Medium Deed Restrictions: Yes Legal: GULFPOINTE CONDOMINIUM UNIT 5-A1 & .05% COMMON ELEMENTS OR1157-1727/29 OR1347-1653 Taxes: 5654.84 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 12690 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Gulfpointe (53.5) Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: No Control Depth: 4 Lot SqFt: 0 Pool: Yes Total Units: 0 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Style: Condo Year Built: 1989 Living Apx SqFt: 1387 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: 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

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 4200 Assoc/Mnt Fee Per: Quarterly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1

Dockage

Dock: Wood Boat Slip: 1 First Come Dock: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1 Pets w/Restrictions: 2 pets under 25lbs

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Bay Front: 1 Gulf Front: 1

Waterview

Bay/Gulf View: 1

Floor

Tile: 1

Neighborhood Feature

Bike Paths: 1 Community Boat Ramp: 1 Other Area Features: 1

Interior Features

Storage: 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Yes Stilt Column Height: Tall - 10Ft & Over Stories: 2 Stories

Windows/Doors

Impact Rstnce Window: 1

Vehicle Storage

Car(s): 2 Covered Parking: 1 Guest Parking: 1 Assigned Parking: 1

Security

Patrolled Area: 1

Construction

CBS: 1

Land Size

2 Less Than 5 Acres: 1

Terms

Cash: 1 Conventional: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Open Porch/Balcony: 1

Exterior Features

Lighting: 1 Tennis Court(s): 1

Pool Info

In Ground: 1 Heated: Yes Concrete: 1 Decked: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt Tax Exemptions: None Waterfront: Bay Front; Gulf Front Waterview: Bay/Gulf View Dockage: Boat Slip; First Come Dock Property Condition: Updated/Remodeled Vehicle Storage: Assigned Parking; Covered Parking; Guest Parking Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Storage; Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Exterior Features: Lighting; Tennis Court(s) Pool Info: In Ground; Concrete; Decked Construction: CBS Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Bike Paths; Community Boat Ramp; Other Area Features Security: Patrolled Area Land Size: 2 Less Than 5 Acres Terms: Cash; Conventional
Listing Office: Keller Williams Key West Compass Realty
Last Updated: December - 14 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.