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12399 Overseas Highway 5, Marathon, FL 33050

New Listing
$1,260,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,360 Lot Size (sq. ft.): 1,055 Status: Active
Current Price: $1,260,000 List Date: 3/12/2026 Last Modified: 3/12/2026

Description

CORAL LAGOON - 40' Boat Slip + 3 bedroom townhouse and weekly rentals allowed in the heart of Marathon! Imagine waking up in the Florida Keys with your boat just steps away and the open water calling. At Coral Lagoon Resort in Marathon, this 3-bedroom, 2-bath townhouse offers the perfect combination of island lifestyle and smart investment potential. The property includes a 40' boat slip at the marina, giving you quick access to both the Atlantic Ocean and Gulf waters for fishing, diving, and cruising some of the most beautiful waters in the world. Whether it's an early morning run to the reef or sunset at the sandbar, boating is simply part of daily life here. Coral Lagoon is known for its quaint Key West-style architecture, tropical landscaping, and resort-style pool, all within a professionally maintained, low-maintenance community that allows you to enjoy the Keys without the stress of constant upkeep. Even better, weekly rentals are permitted, making this an attractive opportunity for buyers looking to generate income while still enjoying their own private getaway in paradise. Located in the heart of Marathon, you're minutes from waterfront dining, fishing charters, beaches, and everything that makes the Florida Keys lifestyle so special. Whether you're looking for a vacation home, boating retreat, or income-producing property, Coral Lagoon offers a rare opportunity to own a piece of the Keys with both lifestyle and investment appeal. Make time to schedule your appointment for this winning combo as these are limited.

More Information MLS# 619032

Contract Information

Current Price: $1,260,000 Listing Date: 2026-03-12 Listing Board: Marathon/Lower Keys List Price: $1,260,000 As is Rght to Inspct: Yes

Location Tax Legal

Street #: 12399 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Coral Lagoon Resort (53.0) Area: 18 - East of Holiday Inn US #1 & Coco Plum

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Townhouse Waterfront: Yes Control Depth: 3 Unit/Complex: Unit Pool: Yes Year Built: 2007 Total Units: 1 Lot Size: X Lot SqFt: 1055 Acres: 0.02 Living Apx SqFt: 1360 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3 Rentals Allowed: With Restrictions 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 $: 1094.98 Assoc/Mnt Fee Per: Monthly

Dockage

Dock Length: 40

Building Style

Above Flood: Unknown

Pool Info

Heated: Yes

Property Features

Fee Includes: Common Area Mnt Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Slip Building Style: Townhouse Vehicle Storage: Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Cable Available; FKAA; Municipal Sewer Interior Features: Granite Counter Top; Smoke Alarms; Window Treatments Specialty Rooms: Other Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Pool Info: In Ground Construction: Frame Roof: Metal Roof Neighborhood Feature: Airstrip; Community Boat Ramp; Community Pool Land Size: Less Than 1/4 Acre Terms: Conventional; FHA; VA
Listing Office: Keller Williams Key West Compass Realty
Last Updated: March - 12 - 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.

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