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12400 Overseas Highway Villa # 3, Marathon, FL 33050

New Listing
$745,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,493 Status: Active
Current Price: $745,000 List Date: 3/22/2026 Last Modified: 3/22/2026

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.

More Information MLS# 619157

Contract Information

Current Price: $745,000 Listing Date: 2026-03-22 Listing Board: Florida Keys List Price: $745,000 As is Rght to Inspct: Yes Species List: No

Location Tax Legal

Street #: 12400 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Bougainvillea Villas Condominium (53.5) Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Townhouse Waterfront: Yes Control Depth: 6 Unit/Complex: Complex Pool: Yes Year Built: 2007 Total Units: 14 Lot Size: X Lot Sqft Source: Tax Records Living Apx SqFt: 1493 SqFt Source: Tax Records Total Bedrooms: 3 Full Baths: 3 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 Assoc Approval Req: Yes Association Fee $: 1805.3 Assoc/Mnt Fee Per: Quarterly

License Info

# of City License: VACA-24-204

Building Style

Above Flood: Yes Stilt Column Height: Medium - 5Ft - 9Ft Stories: 2 Stories

Vehicle Storage

Car(s): 2

Property Features

Fee Includes: Common Area Mnt; Sewer; Water Tax Exemptions: None Waterfront: Gulf Front Waterview: Bay/Gulf View Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Carport; Guest Parking; Off Street Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Entrance Foyer; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s) Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Lanai Accessibility Feat: Other See Remarks Pool Info: In Ground Construction: CBS Floor: Carpet; Laminate Roof: Concrete Roof Neighborhood Feature: Community Pool Security: Electric Gate Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: March - 22 - 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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