Search

11600 1St Avenue Gulf 23, Marathon, FL 33050

New Listing
$999,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,600 Lot Size (sq. ft.): 1,152 Status: Active
Current Price: $999,000 List Date: 8/23/2026 Last Modified: 8/24/2026

Description

THE LOWEST-PRICED UNIT CURRENTLY ON THE MARKET AT INDIGO REEF, OFFERED UNDER $1 MILLION! An incredible opportunity to own in one of Marathon's most sought-after Gulf-front communities at a price rarely seen. Fully Furnished, turn-key, and ready for its next owner! Tucked away on more than 10 acres along the Gulf of Mexico, Indigo Reef offers the perfect combination of privacy, resort-style amenities, boating, and convenience, all just minutes from the heart of Marathon. Villa 23 is a spacious 3-bedroom, 2.5-bath townhome offering approximately 1,600 sq. ft., an open-concept floor plan, vaulted ceilings in the primary bedroom, and beautiful, unobstructed Gulf views from inside the villa and its covered porches. Freshly painted interior in 2025, the home features tile flooring, granite countertops, stainless steel appliances, and comes fully furnished and turn-key. For boaters, a separately deeded 35-ft boat slip conveys with the property and is located just steps from the villa, with quick access to both the Gulf and Atlantic through Vaca Cut. Spend the day fishing or boating, then come home, pour a Key lime margarita, and watch another unforgettable Keys sunset from your own Gulf-view porch. Indigo Reef offers a heated resort-style pool, fitness room, ice machine, kayak storage, lush tropical grounds, gated entry, and generous owner storage in the climate-controlled HOA building with room for bikes, fishing gear, and more. The villa also includes a covered parking space conveniently located near the unit, with additional parking available. Weekly vacation rentals are permitted, offering flexibility as a vacation home, investment property, or your own private Keys escape. With open-water views, deeded boating, resort-style amenities, weekly rental potential, furnishings included, and a price under $1M, Villa 23 represents an exceptional opportunity at Indigo Reef. Don't miss your chance to own a piece of the Keys lifestyle at an incredible value.

More Information MLS# 621068

Contract Information

Current Price: $999,000 Listing Date: 2026-08-23 Listing Board: Marathon/Lower Keys List Price: $999,000 As is Rght to Inspct: Yes Bank Owned: Yes Species List: Yes

Location Tax Legal

Street #: 11600 Street Name: 1St Avenue Gulf Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Indigo Reef Marina Homes (52.5) Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Townhouse Waterfront: Yes Control Depth: 3 Unit/Complex: Unit Pool: Yes Year Built: 2006 Lot SqFt: 1152 Lot Sqft Source: Property Data Card Acres: 0.03 Living Apx SqFt: 1600 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: Yes Condo Doc's: Yes 1st Right of Refusal: No Association Fee $: 1219 Assoc/Mnt Fee Per: Monthly

Dockage

Dock Length: 35 Dock: Composite

Building Style

Above Flood: Yes Stories: 2 Stories

Vehicle Storage

Car(s): 4+

Pool Info

Heated: Yes

Pets

Pets w/Restrictions: see condo docs

Property Features

Fee Includes: Cable; Common Area Mnt; Security; Other Tax Exemptions: None Waterfront: Bay Front; Canal Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Canal View; Open Water View Dockage: Boat Slip Building Style: Townhouse Vehicle Storage: Carport; Assigned Parking; Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air; Heat Pump Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Water Separate Meter Interior Features: Cathedral Ceilings; Drapes/Blinds Incl; Granite Counter Top; Smoke Alarms; Split Bedroom; Storage; Window Treatments Pre-Wired: Cable Specialty Rooms: Gym; Other Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Lanai; Outdoor Shower; Sprinkler System; Storage Pool Info: In Ground; Concrete Construction: Frame; Hardi Board Siding Floor: Carpet; Tile Roof: Metal Roof Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp; Community Pool; Tennis Courts; Other Area Features Security: Electric Gate Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: August - 24 - 2026
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.

Contact Us

Or feel free to call anytime - (305) 699-8154

Compare listings

Compare