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.