12399 Overseas Highway 5, Marathon, FL 33050
$1,260,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,360
Lot Size (sq. ft.):
1,055
Status:
Active
Current Price:
$1,260,000
List Date:
3/12/2026
Last Modified:
4/01/2026
Overview
Description
...
(Read more)
CORAL LAGOON - 40' Boat Slip + 3 bedroom townhouse that allow for rentals of 2 nights or more in the heart of Marathon!
Imagine waking up in the Florida Keys with your boat just steps away and the open water calling. At Coral Lagoon Resort in Marathon, this 3-bedroom, 2-bath townhouse offers the perfect combination of island lifestyle and smart investment potential.
The property includes a 40' BOAT SLIP at the marina, giving you quick access to both the Atlantic Ocean and Gulf waters for fishing, diving, and cruising some of the most beautiful waters in the world. Whether it's an early morning run to the reef or sunset at the sandbar, boating is simply part of daily life here.
Coral Lagoon is known for its quaint Key West-style architecture, tropical landscaping, and resort-style pool, all within a professionally maintained, low-maintenance community that allows you to enjoy the Keys without the stress of constant upkeep.
Even better, short-term rentals are permitted, making this an attractive opportunity for buyers looking to generate income while still enjoying their own private getaway in paradise.
Located in the heart of Marathon, you're minutes from waterfront dining, fishing charters, beaches, and everything that makes the Florida Keys lifestyle so special.
Whether you're looking for a vacation home, boating retreat, or income-producing property, Coral Lagoon offers a rare opportunity to own a piece of the Keys with both lifestyle and investment appeal.
Make time to schedule your appointment for this winning combo as these are limited.
Listing Details MLS# 619032
Location, Tax & Legal
- Street #
- 12399
- Street Name
- Overseas
- Street Suffix
- Highway
- Key/Island
- Marathon
- State/Province
- FL
- Zip Code
- 33050
- County
- Monroe
- Subdivision
- Coral Lagoon Resort (53.0)
- Area
- 18 - East of Holiday Inn US #1 & Coco Plum
- Unit #
- 5
- City
- MARATHON
- Mile Marker
- 53
- Marathon Neighborhood
- Vaca East (Vaca to Coco)
- Side
- Ocean
- Flood Zone
- AE-8
- Alternate Key #
- 9088696
- Add'l Parcel #1
- 00100360-001380
- Parcel #
- 00100390-000500
- Zoning
- R-MH - Residential - MH
- Deed Restrictions
- Yes
- Legal
- 5 66 33 FAT DEER KEY PT GOVT LOT 3 (AKA PARCEL 5 THE VILLAGE AT 12399 OVERSEAS) /UNIT 38 BOAT HOUSE MARINA CONDOMINIUM
- Taxes
- 9366.84
- Tax Year
- 2025
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Marathon/Lower Keys
- As is Rght to Inspct
- Yes
General Property Description
- Realtor.COM Type
- Residential - Condo/Townhouse
- Style
- Townhouse
- Waterfront
- Yes
- Control Depth
- 3
- Unit/Complex
- Unit
- Pool
- Yes
- Year Built
- 2007
- Total Units
- Yes
- Lot SqFt
- 1055
- Acres
- 0.02
- Living Apx SqFt
- 1360
- SqFt Source
- Property Data Card
- Total Bedrooms
- 3
- Full Baths
- 2
- Half Baths
- Yes
- Total Baths
- 3
- Rentals Allowed
- With Restrictions
- Min Rental Days
- 2
Association Info
- Mandatory Home Owners Asc
- Yes
- Condo Doc's
- Yes
- 1st Right of Refusal
- No
- Association Fee $
- 1094.98
- Assoc/Mnt Fee Per
- Monthly
Dockage
- Dock Length
- 40
- Boat Slip
- Yes
More Information
Building Style
- Above Flood
- Unknown
- Townhouse
- Yes
Pool Info
- Heated
- Yes
- In Ground
- Yes
Remarks & Misc
- Remarks – Consumer
- CORAL LAGOON - 40' Boat Slip + 3 bedroom townhouse that allow for rentals of 2 nights or more in the heart of Marathon! Imagine waking up in the Florida Keys with your boat just steps away and the open water calling. At Coral Lagoon Resort in Marathon, this 3-bedroom, 2-bath townhouse offers the perfect combination of island lifestyle and smart investment potential. The property includes a 40' BOAT SLIP at the marina, giving you quick access to both the Atlantic Ocean and Gulf waters for fishing, diving, and cruising some of the most beautiful waters in the world. Whether it's an early morning run to the reef or sunset at the sandbar, boating is simply part of daily life here. Coral Lagoon is known for its quaint Key West-style architecture, tropical landscaping, and resort-style pool, all within a professionally maintained, low-maintenance community that allows you to enjoy the Keys without the stress of constant upkeep. Even better, short-term rentals are permitted, making this an attractive opportunity for buyers looking to generate income while still enjoying their own private getaway in paradise. Located in the heart of Marathon, you're minutes from waterfront dining, fishing charters, beaches, and everything that makes the Florida Keys lifestyle so special. Whether you're looking for a vacation home, boating retreat, or income-producing property, Coral Lagoon offers a rare opportunity to own a piece of the Keys with both lifestyle and investment appeal. Make time to schedule your appointment for this winning combo as these are limited.
- Directions
- Coral Lagoon - located oceanside at Mile Marker 53. Turn at the Coral Lagoon sign on US1. Park in parking lot near marina. Unit 5 is on the rear canal to the right.
Fee Includes
- Common Area Mnt
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
Heating
- Central
- Yes
Waterfront
- Canal Front
- Yes
Waterview
- Canal View
- Yes
Neighborhood Feature
- Airstrip
- Yes
- Community Boat Ramp
- Yes
- Community Pool
- Yes
Interior Features
- Granite Counter Top
- Yes
- Smoke Alarms
- Yes
- Window Treatments
- Yes
Specialty Rooms
- Other
- Yes
Vehicle Storage
- Guest Parking
- Yes
- Open Parking
- Yes
Construction
- Frame
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Furnished
- Yes
Terms
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Utilities
- Cable Available
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
Porch/Balcony
- Deck
- Yes
- Open Porch/Balcony
- Yes
Roof
- Metal Roof
- Yes
Property Features
Fee Includes:
Common Area Mnt
Tax Exemptions:
None
Waterfront:
Canal Front
Waterview:
Canal View
Dockage:
Boat Slip
Building Style:
Townhouse
Vehicle Storage:
Guest Parking; Open Parking
Furnished:
Furnished
Cooling:
Ceiling Fans(s); Central Air
Heating:
Central
Utilities:
Cable Available; FKAA; Municipal Sewer
Interior Features:
Granite Counter Top; Smoke Alarms; Window Treatments
Specialty Rooms:
Other
Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Pool Info:
In Ground
Construction:
Frame
Roof:
Metal Roof
Neighborhood Feature:
Airstrip; Community Boat Ramp; Community Pool
Land Size:
Less Than 1/4 Acre
Terms:
Conventional; FHA; VA
Listing Office:
Keller Williams Key West Compass Realty
Last Updated: April - 01 - 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.
