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12400 Overseas Highway Villa # 3, Marathon, FL 33050

$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

Overview

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 y ...

Listing Details MLS# 619157

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
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

Contract Information

Listing Board
Florida Keys
As is Rght to Inspct
Yes
Species List
No

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 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
Lot SqFt
0
Acres
0

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

More Information

Building Style

Above Flood
Yes
Stilt Column Height
Medium - 5Ft - 9Ft
Stories
2 Stories

Vehicle Storage

Car(s)
2
Carport
Yes
Guest Parking
Yes
Off Street Parking
Yes

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.

Fee Includes

Common Area Mnt
Yes
Sewer
Yes
Water
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

Gulf Front
Yes

Waterview

Bay/Gulf View
Yes

Floor

Carpet
Yes
Laminate
Yes

Neighborhood Feature

Community Pool
Yes

Interior Features

Built-in Cabinets
Yes
Drapes/Blinds Incl
Yes
Entrance Foyer
Yes
Smoke Alarms
Yes
Split Bedroom
Yes
Storage
Yes
Walk-in Closet(s)
Yes

Property Condition

Updated/Remodeled
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes
Sliding Glass Doors
Yes

Security

Electric Gate
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Furnished
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Deck
Yes
Open Porch/Balcony
Yes
Roof Top Deck
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Lanai
Yes

Pool Info

In Ground
Yes

Roof

Concrete Roof
Yes

Accessibility Feat

Other See Remarks
Yes

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.