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$745,000
12400 Overseas Highway Villa # 3
Marathon, FL 33050
MLS# 619157
3 beds  |  3 baths  |  1493 sqft


Elevated coastal home with parking
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Elevated coastal home with parking Pool area with bay views and palms Elevated coastal home with rooftop deck Aerial Coastal living room, bright and airy Bright dining with palm view balcony Kitchen Rooftop Terrace/ bay views Rooftop Terrace Primary bedroom with balcony access Primary Bedroom #1 Primary Bathroom #1 Soaking tub with tile surround Large walk-in closet Primary Balcony living area balcony Primary Bed #2 Primary Bed #2 Living room Open concept living Primary Bathroom #2 Primary Bathroom #2 3rd Bathroom 3rd Bathroom 3rd Bedroom/ office area 3rd Bedroom 3rd Bedroom Rooftop terrace Rooftop terrace Stairs leading up Stairs/ main entrance Covered parking/ elevator door Covered parking Waterfront common area with Bay views Private sandy area with palms and lounge Rooftop aerial Aerial community pool Rooftop aerial Aerial exterior Bayfont community pool Community pool aerial Exterior aerial Welcome! Gated entry Aerial Aerial

Property 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.

Details
Maps
Contract Information
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
Location, Tax & Legal
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
General Property Description
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
Total Units: 14
Acres: 0
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
Total Baths: 3
Remarks & Misc
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.
Association Info
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
License Info
# of City License: VACA-24-204
Fee Includes
Common Area Mnt: 1
Sewer: 1
Water: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Gulf Front: 1
Waterview
Bay/Gulf View: 1
Floor
Carpet: 1
Laminate: 1
Neighborhood Feature
Community Pool: 1
Interior Features
Built-in Cabinets: 1
Drapes/Blinds Incl: 1
Entrance Foyer: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
Property Condition
Updated/Remodeled: 1
Building Style
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
Stories: 2 Stories
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 2
Carport: 1
Guest Parking: 1
Off Street Parking: 1
Security
Electric Gate: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Roof Top Deck: 1
Title
Title Ins - Buyer: 1
Exterior Features
Lanai: 1
Pool Info
In Ground: 1
Roof
Concrete Roof: 1
Accessibility Feat
Other See Remarks: 1
Status Change Info
Status: Active
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

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