12400 Overseas Highway Villa # 3
Marathon, FL 33050
MLS# 619157
3 beds | 3 baths | 1493 sqft
Property Description7-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.
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Species List: No
Current Price: $745,000
Listing Date: 2026-03-22
List Price: $745,000
Unit #: Villa # 3
City: MARATHON
Mile Marker: 53.5
Marathon Neighborhood: Vaca East (Vaca to Coco)
Side: Bay/Gulf
Flood Zone: AE-9
Alternate Key #: 9090958
Parcel #: 00100571000300
Zoning: RH - Residential High
Deed Restrictions: Unknown
Legal: Unit 3 Bougainvillea Villas Condominium Or2337-978/1047Dec Or2656-703/04 Or3037-1827
Taxes: 6219.18
Tax Year: 2025
Pub Sewer HkUp: Yes
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
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: Yes
Control Depth: 6
Lot Size: X
Lot SqFt: 0
Unit/Complex: Complex
Pool: Yes
Lot Sqft Source: Tax Records
SqFt Source: Tax Records
Rentals Allowed: Yes
Min Rental Days: 7
Style: Townhouse
Year Built: 2007
Living Apx SqFt: 1493
Total Bedrooms: 3
Full Baths: 3
Remarks – Consumer: 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.
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Condo Doc's: Yes
Assoc Approval Req: Yes
Association Fee $: 1805.3
Assoc/Mnt Fee Per: Quarterly
# of City License: VACA-24-204
Common Area Mnt: 1
Sewer: 1
Stainless Steel Appliance(s): 1
Washer: 1
Ceiling Fans(s): 1
Central Air: 1
Built-in Cabinets: 1
Drapes/Blinds Incl: 1
Entrance Foyer: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Guest Parking: 1
Off Street Parking: 1
FKAA: 1
Municipal Sewer: 1
Deck: 1
Open Porch/Balcony: 1
Fee Includes: Common Area Mnt; Sewer; Water
Property Condition: Updated/Remodeled
Vehicle Storage: Carport; Guest Parking; Off Street Parking
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
Accessibility Feat: Other See Remarks
Neighborhood Feature: Community Pool
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
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.