New Listing
12399 Overseas Highway # 10,MARATHON, FL 33050
MARATHON, FL 33050
Description
An exceptional opportunity to own a proven income-producing waterfront property in the heart of the Florida Keys! Located in the desirable Coral Lagoon Resort in Marathon, this 3-bedroom, 2.5-bath end-unit townhome offers the perfect combination of investment potential and personal enjoyment. Nightly rentals are permitted, and the property features a well-established vacation rental business with a documented history of gross rental income. Financial records available upon request. Enjoy the advantage of purchasing an established income-producing property while reserving time for your own Florida Keys getaway! Offering 1,360 square feet of living space, this two-story townhome features an open-concept living and dining area, kitchen with granite countertops, and covered outdoor living spaces overlooking the water. Upstairs, the spacious primary suite opens to a generous private balcony. Boaters will appreciate the included 40-foot deeded boat slip #13 located directly outside the back door! Enjoy quick access to the Atlantic Ocean, Gulf, reefs, sandbars, and world-class fishing. Coral Lagoon features lush tropical landscaping, a heated resort-style pool, and convenient access to the adjacent Boat House Marina with fuel, boat ramp, and boating services. Recent improvements include a new HVAC system and washer/dryer in spring 2026, professionally cleaned dryer vents in summer 2026, and replacement oven and dishwasher within the past three years. Metal roof! Conveniently located near Marathon's restaurants, shopping, and attractions. Whether you're seeking an established vacation rental investment, personal waterfront retreat, or both, this property offers the Florida Keys lifestyle with a proven rental history!
Details
| MLS # | 621845 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| HOA Dues | $881 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 4 |
| Listing Provided By | LoKation Real Estate | Brian Kruszewski |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,360 |
| Pool | Yes |
| Zoning | MU - M - Mixed Use - Maritime |
| Acreage | 0.02 |
| Water Front | Yes |
| Property View | Harbor, Marina View, Canal |
Taxes
| Property | 8721 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 18 East of Holiday Inn US #1 & Coco Plum |
| Community Name | Coral Lagoon Resort (53.0) |
| Listing VS Median (in Coral Lagoon Resort (53.0)) | |
Price: $1,095,000 low | high Med: $1,147,500 sqft: 1,360 low | high Med: 1,360 $ / sqft: $805 low | high Med: $844 On site: 4 low | high Med: 281.5 | |
Market Activity 33050
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 18 East of Holiday Inn US #1 & Coco Plum |
| Community Name | Coral Lagoon Resort (53.0) |
| Listing VS Median (in Coral Lagoon Resort (53.0)) | |
Price: $1,095,000 low | high Med: $1,147,500 sqft: 1,360 low | high Med: 1,360 $ / sqft: $805 low | high Med: $844 On site: 4 low | high Med: 281.5 | |
