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229 Pescayo Avenue, Marathon, FL 33050

$2,500,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,040 Lot Size (sq. ft.): 10,907 Status: Active
Current Price: $2,500,000 List Date: 5/13/2026 Last Modified: 6/01/2026

Overview

Description

Built in 2023 and already one of the busiest vacation rentals, this turnkey waterfront property delivers immediate income with 2026 bookings already in place. Designed from the ground up for serious boaters and guests who demand premium amenities. Every detail has been selected to drive occupancy, command top nightly rates, and minimize owner headaches. Located in popular Coco Plum, less than 10 minutes from the open water & Vaca Cut for Gulf access. 72' of deep water dockage, heated pool, paver decking, water & electric at dock with outdoor lighting, covered entertaining area, 240V EV charger, 800 sq ft storage enclosure, aluminum gate for secure vehicle access & security cameras for peace of mind. Follow the stairs up the back to the large covered terrace where you can find shelter in the shade while still enjoying the fresh salt air. Head through the double doors into the open kitchen and living area where you will find 4 master suites all with private bathrooms, tile flooring throu ...

Listing Details MLS# 619881

Location, Tax & Legal

Street #
229
Street Name
Pescayo
Street Suffix
Avenue
Key/Island
Marathon
State/Province
FL
Zip Code
33050
County
Monroe
Subdivision
Coco Plum Beach (54.5)
Area
18 - East of Holiday Inn US #1 & Coco Plum
City
MARATHON
Mile Marker
54
Marathon Neighborhood
Coco Plum
Side
Ocean
Alternate Key #
9104808
Parcel #
00363451000500
Zoning
RH - Residential High
Deed Restrictions
Unknown
Legal
Lot 5 Coco Plum Estates Pb7-95 Or3148-2388 Or3177-570
Taxes
13262.44
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Marathon/Lower Keys

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
6
Pool
Yes
Year Built
2023
Lot SqFt
10907
Lot Sqft Source
Property Data Card
Acres
0.38
Living Apx SqFt
2040
SqFt Source
Property Data Card
Total Bedrooms
4
Full Baths
4
Half Baths
Yes
Total Baths
5
Rentals Allowed
Yes
Min Rental Days
7

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

License Info

# of City License
Yes

More Information

Dockage

Dock Length
72
Dock
Composite

Building Style

Above Flood
Yes
Stories
1 Story

Pool Info

Heated
Yes
In Ground
Yes
Concrete
Yes
Decked
Yes

Remarks & Misc

Remarks – Consumer
Built in 2023 and already one of the busiest vacation rentals, this turnkey waterfront property delivers immediate income with 2026 bookings already in place. Designed from the ground up for serious boaters and guests who demand premium amenities. Every detail has been selected to drive occupancy, command top nightly rates, and minimize owner headaches. Located in popular Coco Plum, less than 10 minutes from the open water & Vaca Cut for Gulf access. 72' of deep water dockage, heated pool, paver decking, water & electric at dock with outdoor lighting, covered entertaining area, 240V EV charger, 800 sq ft storage enclosure, aluminum gate for secure vehicle access & security cameras for peace of mind. Follow the stairs up the back to the large covered terrace where you can find shelter in the shade while still enjoying the fresh salt air. Head through the double doors into the open kitchen and living area where you will find 4 master suites all with private bathrooms, tile flooring throughout, beautiful quartz countertops, tile backsplash, built in wine cooler and additional half bath. Property is being sold furnished from dishes to linens to smart tvs. Nothing to do but bring your boat and start enjoying the Keys Salt Life. Seller owns the bay bottom!

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes
Wine Cooler
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Heating

Central
Yes

Waterfront

Canal Front
Yes

Waterview

Canal View
Yes

Floor

Tile
Yes

Neighborhood Feature

Beach
Yes
Bike Paths
Yes

Interior Features

Quartz Countertops
Yes
Smoke Alarms
Yes
Split Bedroom
Yes
Storage
Yes
Window Treatments
Yes

Property Condition

New Construction
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Vehicle Storage

Carport
Yes
Covered Parking
Yes
Guest Parking
Yes
Open Parking
Yes

Security

On Premises System
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Furnished
Yes

Utilities

Elect Separate Meter
Yes
FKAA
Yes
Water Separate Meter
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Exterior Features

Lighting
Yes
Storage
Yes

Roof

Metal Roof
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Property Condition: New Construction Vehicle Storage: Carport; Covered Parking; Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Elect Separate Meter; FKAA; Water Separate Meter Interior Features: Quartz Countertops; Smoke Alarms; Split Bedroom; Storage; Window Treatments Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Lighting; Storage Pool Info: In Ground; Concrete; Decked Construction: CBS Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths Security: On Premises System Land Size: Less Than 1/4 Acre
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: June - 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.