12400 Overseas Highway Villa 3
Marathon, FL 33050
MLS# 621323
3 beds | 3 baths | 1493 sqft
Property DescriptionWelcome to Villa #3, a turnkey, fully furnished 3-bedroom, 3-bath villa offering 1,493 sq. ft. in a private gated bayfront community in Marathon. With 7-day rentals allowed and rental income already being produced, this property offers excellent flexibility as a vacation rental, second home, or Florida Keys getaway.
Beautifully decorated in warm coastal style, the villa features an open-concept living, dining, and kitchen area with bar seating, stainless steel appliances, and a fully equipped kitchen. The spacious layout includes two primary suites with en-suite baths, a third bedroom and full bath, washer and dryer, owner's closet, and multiple private balconies. Impact-resistant windows and doors and a pre-built elevator shaft add additional value.
A standout feature is the expansive private concrete rooftop terrace with panoramic views of the Gulf, Vaca Cut and Marathon--perfect for sunset cocktails and entertaining. Outdoor amenities include covered parking for at least two vehicles, a grill, seating area, bait freezer, kayaks, and sunshades.
The community offers a pool, dockage, and waterfront common areas with beautiful bay views. Association services include water, sewer, trash, landscaping, and pool maintenance.
Fully furnished and ready to enjoy from day one, Villa #3 combines the Florida Keys lifestyle with the added advantage of weekly rental flexibility and income potential.
Listing Board: Marathon/Lower Keys
Current Price: $799,000
Listing Date: 2026-09-17
List Price: $799,000
Unit #: Villa 3
City: MARATHON
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Vaca East (Vaca to Coco)
Side: Bay/Gulf
Flood Zone: AE
Alternate Key #: 9090958
Parcel #: 00100571-000300
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: 4
Lot Size: X
Lot SqFt: 0
Unit/Complex: Complex
Pool: Yes
Lot Sqft Source: Tax Records
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Style: Townhouse
Year Built: 2007
Living Apx SqFt: 1493
Total Bedrooms: 3
Full Baths: 3
Remarks – Consumer: Welcome to Villa #3, a turnkey, fully furnished 3-bedroom, 3-bath villa offering 1,493 sq. ft. in a private gated bayfront community in Marathon. With 7-day rentals allowed and rental income already being produced, this property offers excellent flexibility as a vacation rental, second home, or Florida Keys getaway.
Beautifully decorated in warm coastal style, the villa features an open-concept living, dining, and kitchen area with bar seating, stainless steel appliances, and a fully equipped kitchen. The spacious layout includes two primary suites with en-suite baths, a third bedroom and full bath, washer and dryer, owner's closet, and multiple private balconies. Impact-resistant windows and doors and a pre-built elevator shaft add additional value.
A standout feature is the expansive private concrete rooftop terrace with panoramic views of the Gulf, Vaca Cut and Marathon--perfect for sunset cocktails and entertaining. Outdoor amenities include covered parking for at least two vehicles, a grill, seating area, bait freezer, kayaks, and sunshades.
The community offers a pool, dockage, and waterfront common areas with beautiful bay views. Association services include water, sewer, trash, landscaping, and pool maintenance.
Fully furnished and ready to enjoy from day one, Villa #3 combines the Florida Keys lifestyle with the added advantage of weekly rental flexibility and income potential.
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 1805.33
Assoc/Mnt Fee Per: Quarterly
# of City License: VACA-26-170
Common Area Mnt: 1
Sewer: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets w/Restrictions: 2 w/ board approval
Ceiling Fans(s): 1
Central Air: 1
Bay Front: 1
Gulf Front: 1
Bay/Gulf View: 1
Open Water View: 1
Community Pool: 1
Other Area Features: 1
Built-in Cabinets: 1
Drapes/Blinds Incl: 1
Entrance Foyer: 1
Smoke Alarms: 1
Storage: 1
Walk-in Closet(s): 1
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
FKAA: 1
Municipal Sewer: 1
Deck: 1
Open Porch/Balcony: 1
Fee Includes: Common Area Mnt; Sewer; Water; Other
Waterfront: Bay Front; Gulf Front
Waterview: Bay/Gulf View; Open Water View
Vehicle Storage: Carport; Guest Parking
Cooling: Ceiling Fans(s); Central Air
Utilities: FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Entrance Foyer; Smoke Alarms; Storage; Walk-in Closet(s); Whirlpool Bath Tub
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Storage
Neighborhood Feature: Community Pool; Other Area Features
Land Size: Less Than 1/4 Acre
Listing Office: Engel & Völkers Marathon
Last Updated: September - 17 - 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.