Fat Deer Key (53.0) Real Estate, Homes, Condos for Sale in Marathon, FL

4 Beds ⋅ 3 Baths ⋅ 620026 MLS

Experience the best of Florida Keys waterfront living in this stunning 4-bedroom, 3-bath home located in the highly desirable Vaca Cove community. Offered fully furnished and turnkey, this elevated residence features a spacious open-concept design with large bedrooms, wide hallways, and inviting indoor-outdoor living spaces designed for comfort and entertaining. Boaters will appreciate 35 feet of dockage and quick, deep-water access to both the Atlantic Ocean and Gulf of America through Vaca Cut. Vaca Cove is an intimate enclave of only seven homes built in 2016, centered around a private lagoon marina and resort-style swimming pool. The lagoon seawall is ideal for launching kayaks and paddleboards, adding to the laid-back island lifestyle. Fully licensed for vacation rentals with bookings already in place, this property presents an outstanding opportunity for investors or buyers seeking an easy-care second home with strong rental potential. Constructed for durability and peace of mind, the home includes a metal roof, impact-resistant windows and doors, covered parking, hot tub area, and ample storage for vehicles and boat trailers. Beautifully maintained and move-in ready, this exceptional waterfront retreat offers luxury, convenience, and income potential in one of Marathon's most unique waterfront communities.

12555 Overseas Highway Unit F, Marathon

$1,245,000

4 Beds ⋅ 3 Baths ⋅ 620023 MLS

Nestled within the exclusive waterfront enclave of Vaca Cove, this beautifully furnished 4-bedroom, 3-bath elevated home offers the perfect blend of luxury, comfort, and investment potential. Designed with an expansive open floor plan, wide hallways, and generously sized bedrooms, the home is ideal for entertaining and relaxed coastal living. Enjoy 35 feet of private dockage with easy, deep-water access to both the Atlantic Ocean and Gulf of America via nearby Vaca Cut. Built in 2016, Vaca Cove is a private community of just seven single-family homes surrounding a tranquil lagoon and resort-style pool. The lagoon seawall provides the perfect launch point for kayaks and paddleboards. Fully licensed as a vacation rental with future bookings in place, this turnkey property is being sold beautifully furnished and rental ready. Additional features include covered parking, room for multiple vehicles and boat trailer storage, hot tub area beneath the home, metal roof, and impact windows and doors designed to maximize insurance savings. Whether you're seeking a proven income-producing property, second home, or full-time island retreat, this exceptional Vaca Cove residence delivers effortless Florida Keys living.

12555 Overseas Hwy Unit C, Marathon

$2,500,000

5 Beds ⋅ 4 Baths ⋅ 613765 MLS

Welcome to The Tides at Vaca Cut #3, a stunning 5-bedroom, 4-bathroom luxury retreat in one of the Florida Keys' most sought-after waterfront communities. Spanning 2,607 square feet, this newer construction (2020) home was expertly built and tastefully designed by D'Asign Source, a premier name in Florida Keys luxury living. Furnished with coastal elegance in mind, this home offers a seamless blend of style and comfort. The bright, open-concept living area flows effortlessly to a private pool and outdoor entertainment space, where breathtaking views of the Vaca Cut create the perfect backdrop for relaxation. Built for durability and efficiency, this home features concrete block construction, impact windows and doors, a metal roof, and double-stacked washers and dryers—ideal for quick turnovers in a high-demand rental market. For boating enthusiasts, 36 feet of dockage provides direct access to both the Atlantic Ocean and the Gulf of America. And if you love to take in the scenery, the boat-watching here is second to none! With a strong rental history of revenues exceeding $200,000 per year and exceptional income potential, this turnkey property is an ideal investment or the ultimate vacation escape. Luxury, waterfront living, and unbeatable design—all in a prime Florida Keys location!

11890 1st Ave Unit 3, Marathon

$950,000

2 Beds ⋅ 3 Baths ⋅ 607634 MLS

Nothing compares to endless opportunity. Premier mixed-use commercial building with 100 ft of US-1 frontage, high visibility, excellent signage, and parking. Retail commercial space on the lower level that is currently tenant occupied on a month to month lease. Fully appointed and furnished two bedroom, two bathroom residential apartment on second level that can be rented long term for $3,000 per month or vacation rental licensed for 7 day rentals. Impact windows and doors throughout, metal roof and updated hardiboard siding. Large covered second level back porch to enjoy the views and afternoon breezes of the Gulf plus covered front porch on first level. Convenient, luxurious living quarters on second level provide a realm of possibilities: housing for business owner, employees, or even a vacation rental. Residential unit features an updated kitchen, bathrooms, gorgeous natural light, and spacious rooms galore. Beautiful both inside and out! Mixed use commercial zoning allows for a variety of uses, including retail, medical office, small business, restaurant, or residential - envision what's next in Marathon.

12420 Overseas Hwy, Marathon

$3,549,000

9 Baths ⋅ 614211 MLS

RARE 100' of waterfront re-development opportunity with DEEP WATER DOCKAGE APPROVED! 200' HIGHWAY FRONTAGE! Huge 74,890 SQ FT site with an approved Conditional Use PERMIT for 10 unit and 4 affordable staff group home units. MIXED USE ZONING has many commercial-residential possibilities...for example: could go to 10 market rate units on site, or higher density with affordable housing, or boutique HOTEL if you bring transient rights, etc. Includes a RECERTIFIED two-story raised CBS 6,128 SQ FT building that could be used in so many different ways, includes 2,340 SQ FT of extra outdoor porches. BEST LOCATION near Vaca Cut for easy Ocean-Bay access, easy airport access, SHORT-TERM RENTAL FRIENDLY! 6 TBR's are available separately or no TBR's required for pure commercial use! Contact Peter and Ewa Schwarz 305-394-5171 for more info and a private viewing of this amazing opportunity to get into THE KEYS LIFESTYLE...live, work, business, family compound...you can do it all right here on the water!

14 125th St, Marathon

$1,250,000

4 Beds ⋅ 3 Baths ⋅ 603917 MLS

Vaca Cove Condominiumized SIngle Family Home units featuring 4 bedrooms, 3 full bathrooms, spacious open floor plan, laundry, covered parking for cars and trailers, water facing balconies, hot tub, and assigned 35' dockage. This 7 home community features resort sized pool, fish docks, boat dockage, tropical landscaping and much more. These are all active vacation rental with established rental histories. Please call today for more information on this unit and to schedule a viewing. DO NOT GO ON PROPERTY WITHOUT PERMISSION.

12555 Overseas Hwy Unit G, Marathon

$2,525,000

4 Beds ⋅ 3 Baths ⋅ 613766 MLS

Welcome to The Tides at Vaca Cut #7, a stunning 4-bedroom, 3-bathroom waterfront retreat offering 2,607 square feet of luxury living, expertly built and designed by D'Asign Source in 2020. The oversized master suite is a true sanctuary, featuring a spa-like ensuite with serene water views, a freestanding soaking tub, spacious walk-in shower, double vanities, and a massive closet. The bright, open-concept living area flows seamlessly to a private pool and outdoor space, where breathtaking Vaca Cut views and unbeatable boat-watching create the perfect backdrop for relaxation. For boating enthusiasts, 36 feet of dockage with a 12,000-lb boat lift provides direct access to the Atlantic Ocean and Gulf of America. A dedicated laundry room, spacious downstairs enclosure, and storage closet offer extra convenience—ideal for stowing all your Florida Keys lifestyle essentials. Built for durability and efficiency, the home features concrete block construction, impact windows and doors, and a metal roof. With strong rental history and exceptional income potential, this turnkey waterfront home is a rare opportunity in one of the most sought-after locations in the Florida Keys.

11890 1st Ave Unit 7, Marathon

$700,000

3 Beds ⋅ 3 Baths ⋅ 608149 MLS

Commercial property along US 1 with highway frontage. This property features an 8,091 sq ft. lot and 1,784 sq ft. Double-sided billboard included producing $2,000 monthly. Zoned for mixed-use commercial, it offers versatile business potential, as well as outside storage. Currently a residence, presenting an opportunity for conversion to commercial use.

12350 Overseas Hwy, Marathon

$1,250,000

2 Baths ⋅ 610377 MLS

Massive commercial building boasting over 11,000 sq. ft. on a spacious 44,866 Sq. Ft. Lot in a prime location on US-1 in Marathon! Zoning is Mixed Use - Commercial and may be adapted for a myriad of functions. Presents as a canvas for personalization for your next business venture!

13371 Overseas Hwy, Marathon

$829,000

4 Beds ⋅ 3 Baths ⋅ 615165 MLS

Coastal Living with Gulf Views & Versatile Layout Tucked away on a quiet street just one block from the boat ramp, this elevated 4-bedroom, 3-bath home offers serene Gulf views, spacious interiors, and thoughtful features ideal for both full-time residents and vacationers alike. With 1,782 sq ft of well-designed living space, this stilted home impresses with its versatile layout and charming outdoor amenities. The open floor plan features vaulted ceilings, crown molding, and a bright, airy feel throughout. The kitchen is a chef's dream, complete with quartz countertops, stainless steel appliances, and a hooded stove. The primary suite includes double closets and a private bath, while the additional bedrooms are generously sized. One of the home's most unique features is its flexible stilted layout, offering the potential to create a private studio-style space—ideal for a roommate, colleague, or guest. A rare and valuable bonus worth seeing in person Enjoy open water views of the Gulf from your east-facing back porch, or relax in the 8-person hot tub/swim spa. Under the home, you'll find covered parking, a hammock lounge area, an outdoor kitchen setup, and an open yard ideal for your furry friends. Beautifully maintained and full of character, the property reflects true pride of ownership. Accordion shutters, a newer A/C (2018), and low-maintenance vinyl siding add both comfort and functionality. Peacefully situated well off US-1, this home offers surprising space, quiet surroundings, and true Keys charm at every turn. Come see it for yourself—you'll be pleasantly surprised.

7 125th St, Marathon

$2,750,000

5 Beds ⋅ 4 Baths ⋅ 605949 MLS

Maintenance free 5 bedroom single family, pool-home on Vaca Cut with incredible open water views! This unbeatable location awards you with instant access to both the Ocean & the Bay from its 36 ft. deep water dock. Built for modern living, its professionally designed interior boasts a gorgeous quartz kitchen with waterfall island, a gas range (rare in the Keys), 7 inch baseboards, luxury vinyl plank flooring and a wealth of water views that can be enjoyed from one of the numerous tiled porches. Hurricane impact windows and doors encompass this 2020 concrete home, creating quiet and efficient living! Nestled in a gated community which offers a waterfront gazebo, dog walk and perfectly maintained landscaping & pools both managed by the HOA, ensuring this 9 home community stays pristine! Home #9 offers the best location within the Tides community and has been lovingly cared for by its owner but if you choose, could also become a very successful weekly vacation rental. Must Sea!

11890 1st Ave Unit 9, Marathon

$3,549,000

614698 MLS

RARE 100' of waterfront re-development opportunity with DEEP WATER DOCKAGE APPROVED! 200' HIGHWAY FRONTAGE! Huge 74,890 SQ FT site with an approved Conditional Use PERMIT for 10 unit and 4 affordable staff group home units. 6 TBR's are available to add on, more are available. No TDR's required for pure commercial use! MIXED USE ZONING has many commercial-residential possibilities...for example: could go to 10 market rate units on site, or higher density with affordable housing, or boutique HOTEL if you bring transient rights, etc. Includes a RECERTIFIED two-story raised CBS 6,128 SQ FT building that could be used in so many different ways, includes 2,340 SQ FT of extra outdoor porches. BEST LOCATION near Vaca Cut for easy Ocean-Bay access, easy airport access, SHORT-TERM RENTAL FRIENDLY! Contact Peter and Ewa Schwarz for more info and a private viewing of this amazing opportunity to get into THE KEYS LIFESTYLE...live, work, business, family compound...you can do it all right here on the water!

14 125th St, Marathon

$2,495,000

5 Beds ⋅ 4 Baths ⋅ 618204 MLS

Welcome to The Tides at Vaca Cut #2, a beautifully designed 5-bedroom, 4-bathroom waterfront retreat in one of the Florida Keys' most desirable luxury communities. Offering 2,607 square feet of living space, this newer construction residence (2020) was thoughtfully built and designed by D'Asign Source, a leader in Florida Keys luxury architecture and interiors. Furnished with refined coastal style, the home blends upscale design with relaxed island living. The spacious open-concept living area opens seamlessly to a private pool and hot tub, creating an exceptional outdoor entertainment space framed by sweeping views of the Vaca Cut. Whether enjoying a sunset soak or hosting guests, the outdoor living experience here is second to none. Built with longevity and performance in mind, the home features concrete block construction, impact windows and doors, a metal roof, and double-stacked washers and dryers, making it exceptionally well-suited for high-demand vacation rental use. Boaters will appreciate 36 feet of dockage with immediate access to both the Atlantic Ocean and the Gulf of America, while the constant boat traffic through the cut provides some of the best boat-watching in the Middle Keys. Located in a proven luxury complex with strong rental demand, this turnkey property offers outstanding income potential along with an elevated waterfront lifestyle. Luxury design, prime dockage, and resort-style outdoor living—The Tides at Vaca Cut #2 is an exceptional opportunity to own in one of Marathon's premier waterfront developments.

11890 1st Ave Unit 2, Marathon

$3,549,000

10 Beds ⋅ 9 Baths ⋅ 614550 MLS

Live and/or work in this RARE 100' of waterfront re-development opportunity with DEEP WATER DOCKAGE APPROVED! 200' HIGHWAY FRONTAGE! Huge 74,890 SQ FT site with an approved Conditional Use PERMIT for 10 unit and 4 affordable staff group home units. 6 TBR's are available to add on, more are available. No TDR's required for pure commercial use! This MIXED USE ZONING has many commercial-residential possibilities...for example: could go to 10 market rate units on site, or higher density with affordable housing, or boutique HOTEL if you bring transient rights, etc. Includes a RECERTIFIED two-story raised CBS 6,128 SQ FT building that could be used in so many different ways, includes 2,340 SQ FT of extra outdoor porches. This would make an amazing live-work setup, or re-hab the huge building into whatever your imagination could create. BEST LOCATION near Vaca Cut for easy Ocean-Bay access, easy airport access, SHORT-TERM RENTAL FRIENDLY! Contact Peter and Ewa Schwarz for more info and a private viewing of this amazing opportunity to get into THE KEYS LIFESTYLE...live, work, business, family compound...you can do it all right here on the water!

14 125th St, Marathon

$950,000

4 Beds ⋅ 3 Baths ⋅ 610235 MLS

Waterfront stilted newer construction home that combines modern luxury with the serene beauty of the Florida Keys. This 4-bedroom, 3-bathroom residence is priced to sell. Inside, you'll find a beautifully appointed living space, fully furnished and rental-ready. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space. The open floor plan, accentuated by tile flooring throughout, makes it perfect for both relaxation and entertaining. The large master suite boasts a luxurious bath with a dual vanity, a huge walk-in closet, and an additional linen closet. Wake up to breathtaking sunrise views from the east-facing balcony that overlooks open waters. Outside, the property offers covered parking for four cars or space for trailers. The home also accommodates up to a 35 ft boat, making it ideal for boating enthusiasts. Community amenities include kayaks available for everyone to use, a resort-sized heated pool surrounded by comfortable lounge chairs and a charming thatched-roof cabana. The boat docks cater to the avid angler, while a sandy beach area invites you to unwind and soak up the tropical ambiance. Additional features include a newer A/C installed in 2020, a hot tub, a bait freezer, and window treatments throughout the home. The lush tropical landscaping enhances the vacation-like atmosphere. The home's metal roof and stilted design add to its durability and charm. With its excellent rental history and many repeat visitors, this property is a fantastic investment opportunity. The assumable flood policy under a favorable rate further adds to its appeal. Don't miss out on this exceptional property that combines luxury with the natural beauty of the Florida Keys. Contact us today to schedule a private tour and experience this tropical haven for yourself!

12555 Ovrsas Hwy Unit E, Marathon

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Fat Deer Key (53.0) Real Estate & Homes