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.