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Mile Marker 40 - 50 condos for Sale in the Florida Keys Real Estate

Total Listings 26
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$730,000
Marathon
Tranquility Bay   - MM: 48.50
3 Bed, 3 Baths, 1,100 SqFt Days Listed: 121
-8.64% ($69,000) 9 Price Changes : Last Change 2 Days Ago
Condotel - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: None

Discover your paradise at Tranquility Bay Beach Resort, the most Insta-worthy resort in the Middle Keys! Its the perfect place for your family to make memories AND income! Explore water sports, swim in one of three pools, tee off at the putting green, or unwind at TJs Tiki Bar. Another option is to find a spot on the white sandy beach and do nothing at all. Experience the convenience of on-site resort management and the potential for income through nightly rentals. Owners enjoy up to 35 days annually and can generate income the rest of the year. Recent earnings paid to owner are impressive: $19K in Q1 2024, $70K in 2023, and $65K in 2022. This spacious two story end-unit home offers 1,000+/- square feet of living space, featuring a large handicap-accessible kitchen and open living areas with lush tropical views. Kick back and relax with your morning coffee or an evening cocktail on one of two charming porches with views of the bay and gardens. In addition to the main living areas, the first level hosts an ADA compliant primary suite and bath. Upstairs, youll find a second primary bedroom with ensuite bath and a third bedroom and full bath. This ADA-compliant home is larger than most and has an exterior wheelchair lift. Whether you seek adventure or relaxation, Tranquility Bay offers something for everyone.

$880,000
Marathon
Faro Blanco   - MM: 48.00
3 Bed, 3 Baths, 1,650 SqFt Days Listed: 79
-6.38% ($60,000) 2 Price Changes : Last Change 4 Days Ago
Condo - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: None

Welcome to Faro Blanco, one of the Middle Keys most iconic locations. This gorgeous three-bedroom, two-bathroom condo has recently been completely gutted and fully remodeled with the necessary permits ready for you to move in. With its open floor plan, youll find plenty of room to stretch out and enjoy this homes wide open water views. The kitchen has been tastefully designed with Cambria Montgomery Quartz countertops, custom white cabinets, and stainless steel appliances. As you enter the primary bedroom, youll be able to enjoy open views of the Gulf of Mexico and its own private entrance onto the screened-in patio. The airy, coastal-style Armstrong tile installed over soundproof underlayment throughout the home will bring a piece of the Keys right into your living space. With a Carrier AC unit and ducts, a Tempra Trend tankless hot water heater, and all impact-resistant windows, you wont have to worry about repairs - this home is truly move-in ready. Plus, youll have access to three luxurious pools, fitness center, and a discount at the nearby Faro Blanco resort restaurant. With magnificent views of the Gulf and the remarkable Faro Blanco lighthouse right within reach, this beautiful condo is not an opportunity to be missed.

$919,000
Marathon
Tranquility Bay   - MM: 48.50
3 Bed, 3 Baths, 1,320 SqFt Days Listed: 5
Condotel - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: None

Introducing a stunning poolside retreat now available on the market! This charming two-story townhome is ideally situated just steps from a magnificent resort-style pool, a cozy beachside tiki hut, and a pristine white sandy beach with breathtaking Gulf of Mexico views. The appeal of these beach amenities is unmatched in the area.Tranquility Bay is well-known for its exceptional offerings, perfect for families seeking a dream getaway. Enjoy a state-of-the-art fitness center, a delightful putting green, and the acclaimed Butterfly Cafe, all complemented by the relaxed atmosphere of TJs Tiki Bar right by the water. The resort maintains a strict non-smoking and no-pets policy (with the exception of service animals), ensuring a peaceful environment for all guests.Unit #22 showcases meticulous upkeep, featuring three bedrooms with cathedral ceilings and two bathrooms upstairs, along with a convenient half bath downstairs. Bright white balconies and spacious patios provide ideal spots for relaxation and outdoor enjoyment.Owners can enjoy up to 35 days annually in this luxurious home while also benefiting from strong rental income opportunities to help offset ownership costs. An on-site property manager oversees the property, ensuring smooth operations and peace of mind for both owners and guests.

$999,000
Marathon
Cobia Point Condo   - MM: 49.00
3 Bed, 3 Baths, 2,440 SqFt Days Listed: 48
Condo - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 46ft.Concrete

Glorious views of Boot Key Harbor from your 800 sq foot wrap-a-round screened balcony. ASSIGNED BOAT SLIP conveys with this unit for up to a 40ft vessel. Luxurious, quiet condo living at its best. Split floor plan, huge master suite. Water views from living, dining, kitchen and two bedrooms. Renovations underway, kitchen and new floors are finished. Elevator, heated pool, outside shower and pool side rest rooms, tennis court, kayak storage rack. Like to fish? Cast your line off the dock or your personal boat slip. Ground floor is covered parking, unit is 1st floor above the parking. Large storage unit under the building. Walk or bike around the golf course. Centrally located in the heart of Marathon. Close to Sombrero Beach, restaurants and the Marathon Airport, all that Marathon has to offer. NO vacation rentals allowed. Quarterly does not include complex insurance. $7K is assessed in March annually for insurance Also, yearly Contingency Fund of $3K due in March.

$1,150,000
Marathon
Tranquility Bay   - MM: 48.50
3 Bed, 3 Baths, 1,320 SqFt Days Listed: 69
Townhouse - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: None

Tranquility and stunning Bay views await! Welcome to Tranquility Bay Resort, located in the heart of Marathon, offering resort-style amenities and outstanding rental capabilities. A rare opportunity for a corner unit, this 3-bedroom, 2.5-bath gulf front townhome is uniquely situated at the quiet, northern end of the resort, yet convenient to all of the fabulous amenities. A perfect blend of luxury and investment with no rental restrictions and a strong rental history.Step inside and be greeted by stunning open bay views from your private porch! Enjoy the extra light from additional windows afforded by the end location. This home comes fully equipped with dishes, linens, furniture, and more, making it truly turnkey. The inviting main level features a spacious living and dining area, a fully equipped kitchen, a half bath, and a balcony that leads directly to the water. Upstairs, the primary suite includes an en-suite bath and a large porch with breathtaking water views, while two additional guest bedrooms, a full bath, and a laundry area complete the second floor.Resort amenities include two pools, a sandy beach, watersports, top rated Butterfly Cafe restaurant, a Tiki Bar, and putting greens, making Tranquility Bay a top destination for visitors. Centrally located in the heart of the Florida Keys, this property is a strong income producer, recognized with multiple TripAdvisor awards.Dont let the sun set on this exceptional investment and vacation home opportunity at one of the Florida Keys most successful & sought-after resorts!

$1,166,000
Marathon
Tranquility Bay   - MM: 48.50
3 Bed, 3 Baths, 1,320 SqFt Days Listed: 3
Condotel - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: None

Welcome to a breathtaking beach house in Tranquility Bay Resort, where luxury meets profitability. This 3-bedroom, 3-bathroom waterfront townhome offers the perfect blend of a tropical escape and an income-producing investment.Nestled in an idyllic location just steps from the Gulf and pristine white sandy beaches, this stunning property boasts direct open-water views of the bay. The ground floor features a spacious living area, a convenient half bathroom, and a private porch perfect for relaxing or entertaining. Upstairs, the primary bedroom includes an en-suite bath and a large private porch with mesmerizing water views, while two additional guest bedrooms, a full bathroom, and a laundry area complete the second floor.Tranquility Bay Resort offers an array of amenities, including two resort-style pools, a sandy beach, a tiki bar for sipping cocktails while enjoying stunning sunsets, a fitness center, a Jack Nicklaus putting green, and the award-winning Butterfly Cafe. With beautifully landscaped grounds and endless opportunities for watersports, this is the ultimate destination for relaxation and recreation.As one of the top income-producing properties in the Middle Keys, Tranquility Bay Beach Homes have earned multiple TripAdvisor awards and are a favorite among guests. Owners can enjoy up to 35 days annually for personal use while generating rental income. On-site management handles all operations, providing effortless ownership and peace of mind.This turnkey property is more than a home--its your opportunity to balance personal enjoyment with smart investment potential. Experience the Florida Keys lifestyle, where relaxation and returns meet. Dont wait--your slice of paradise awaits at Tranquility Bay Resort!

The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated on 01-22-2025.
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