12400 Overseas Hwy Unit Villa # 3, Marathon, FL 33050

$670,000
3
BD
3
BA
1,493
SqFt

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Sold Price
$670,000
List Price
$745,000
Closing Date
May 13, 2026
MLS#
619157
Status
CLOSED
Island
Marathon
County
Monroe
City
Marathon
Area
Vaca Cut - Both Sides Holiday Inn/Key Colony
Subdivision
Bougainvillea Villas Condominium (53.5)
Neighborhood
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Bedrooms
3
Bathrooms
3
Living Area
1,493
Year Built
2007
Days on Market
52

Property Description

7-day rentals allowed in a high-demand Marathon market, offering strong income potential and flexibility for short-term rental use. Turnkey, fully furnished villa-style residence ready for immediate enjoyment or income from day one. Welcome to a 3 bedroom, 3 bathroom property offering 1,493 sq ft, ideal as a vacation rental, second home, or income-producing property. Located in a desirable bayfront community, this home combines durability, flexibility, and the Florida Keys lifestyle. Features include impact-resistant windows and doors and a solid concrete rooftop terrace, well suited for the Keys environment. The layout is ideal for rental use, featuring two spacious primary suites with en-suite bathrooms for flexible occupancy. A third bedroom provides additional guest space or added income potential. Offered fully furnished, this is a true turnkey opportunity with everything in place for immediate use. 7-day rentals are allowed, a key advantage in the Florida Keys where year-round demand remains strong and inventory with this level of flexibility is limited, positioning the property well for short-term rental performance. This property is a newer addition to the short-term rental market, giving a new owner the opportunity to establish rental history and maximize income potential. Additional value includes a pre-built elevator shaft for future installation. Enjoy access to a community pool and waterfront common area, along with a private rooftop terrace perfect for relaxing, entertaining, and taking in the Florida Keys atmosphere. Low insurance costs and manageable association dues help keep ownership expenses predictable, with services including water, sewer, trash, landscaping, and pool maintenance. Whether used as a personal getaway, income-producing property, or both, this offers flexibility and long-term value in the Florida Keys.

Additional Information

Hoa Fee
$1,805
Taxes
$6,219
Interior Features
Custom Cabinets, Storage, Walk-In Closet(s)
Furnished
Furnished
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Roof
Concrete
Pool
Yes
Property Condition
Updated/Remodeled
Waterfront
Yes
Control Depth
6
Zoning
RH - Residential High
Terms
Cash, Conventional

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Listing Courtesy Of Coldwell Banker Schmitt Islamorada, Contact: 305-664-4470

Selling Office: .