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
...
(Read more)
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.
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.
