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2394 Coco Plum Drive 3, Marathon, FL 33050

$3,750,000
Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 4,066 Lot Size (sq. ft.): 23,130 Status: Active
Current Price: $3,750,000 List Date: 6/14/2025 Last Modified: 11/17/2025

Description

Welcome to one of the most exclusive waterfront parcels in the Florida Keys. Located just steps from Coco Plum Beach and the Atlantic Ocean, this rare investment opportunity is the ultimate blend of luxury, lifestyle, and income potential. Professional Designed and built by D'Asign Source in 2019, this home is testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship. Spanning 4,066 square feet and featuring 6 spacious bedrooms and 6.5 bathrooms with custom millwork and designer fixtures. The interiors are professionally furnished with a curated blend of comfort and elegance, complemented by expansive ceiling heights, open-concept living areas and balconies throughout. Designed with privacy in mind, this home includes its own private pool, tiki hut, and a dock offering deepwater and direct ocean access. Impact windows and doors provide storm security and peace of mind, while the three (3) air conditioning units to ensures optimal climate control on each level. Boating an abundance of storage on each level, an oversized laundry room, walk in pantry and en- suite accompanying each room. Whether you envision a serene primary residence or a luxury short-term rental business this property offers incredible versatility and value. Zoned for weekly rentals, the income potential is substantial, making this one of the most attractive investment opportunities in the Florida Keys. With seller financing available up to 50% of the purchase price, acquiring this rare trophy property is as strategic as it is luxurious. ALSO AVAILABLE TO PURCHASE AS A PORTFOLIO WITH THE TWO ADJACENT HOMES (See MLS #615102)

More Information MLS# 615437

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $3,750,000 Listing Date: 2025-06-14 List Price: $3,750,000

Location, Tax & Legal

Unit #: 3 City: MARATHON Mile Marker: 54.5 Marathon Neighborhood: Coco Plum Side: Ocean Flood Zone: AE9 Alternate Key #: 00366031-000100 Zoning: RM - Residential Medium Deed Restrictions: No Legal: BK 20 LT 1-A AND WLY 75FT OF CANAL LYING NLY AND CONTIGUOUS COCO PLUM BEACH RE-PLAT 1 PB7-68 Taxes: 15941 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 2394 Street Name: Coco Plum Street Suffix: Drive 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

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 7 Lot Size: 257 x 90 Lot SqFt: 23130 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 1 SqFt Source: Builder/Architect Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 2019 Living Apx SqFt: 4066 Total Bedrooms: 6 Full Baths: 6 Half Baths: 1 Total Baths: 7

Remarks & Misc

Remarks – Consumer: Welcome to one of the most exclusive waterfront parcels in the Florida Keys. Located just steps from Coco Plum Beach and the Atlantic Ocean, this rare investment opportunity is the ultimate blend of luxury, lifestyle, and income potential. Professional Designed and built by D'Asign Source in 2019, this home is testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship. Spanning 4,066 square feet and featuring 6 spacious bedrooms and 6.5 bathrooms with custom millwork and designer fixtures. The interiors are professionally furnished with a curated blend of comfort and elegance, complemented by expansive ceiling heights, open-concept living areas and balconies throughout. Designed with privacy in mind, this home includes its own private pool, tiki hut, and a dock offering deepwater and direct ocean access. Impact windows and doors provide storm security and peace of mind, while the three (3) air conditioning units to ensures optimal climate control on each level. Boating an abundance of storage on each level, an oversized laundry room, walk in pantry and en- suite accompanying each room. Whether you envision a serene primary residence or a luxury short-term rental business this property offers incredible versatility and value. Zoned for weekly rentals, the income potential is substantial, making this one of the most attractive investment opportunities in the Florida Keys. With seller financing available up to 50% of the purchase price, acquiring this rare trophy property is as strategic as it is luxurious. ALSO AVAILABLE TO PURCHASE AS A PORTFOLIO WITH THE TWO ADJACENT HOMES (See MLS #615102)

Association Info

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

License Info

# of City License: 1

Fee Includes

Sewer: 1 Water: 1

Dockage

Dock Length: 80

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Waterfront

Canal Front: 1

Waterview

Ocean View: 1

Floor

Combo: 1

Neighborhood Feature

Beach: 1

Interior Features

Entrance Foyer: 1 Fire Sprinkler: 1 Pantry: 1 Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1 Wet Bar: 1

Property Condition

New Construction: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Yes

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 4+ Open Parking: 1 Off Street Parking: 1

Construction

CBS: 1

Land Size

1/2 - Less Than 1 AC: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 Seller Finance Psble: 1

Utilities

Buyer to Verify: 1 FKAA: 1

Exterior Features

Chickee Hut: 1 Fencing: 1

Pool Info

In Ground: 1

Roof

Metal Roof: 1

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Status Change Info

Status: Active

Property Features

Fee Includes: Sewer; Water Tax Exemptions: None Waterfront: Canal Front Waterview: Ocean View Property Condition: New Construction Vehicle Storage: Off Street Parking; Open Parking Furnished: Furnished Cooling: Central Air Utilities: Buyer to Verify; FKAA Interior Features: Entrance Foyer; Fire Sprinkler; Pantry; Smoke Alarms; Storage; Walk-in Closet(s); Wet Bar Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Chickee Hut; Fencing Pool Info: In Ground Construction: CBS Floor: Combo Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach Land Size: 1/2 - Less Than 1 AC Terms: Cash; Conventional; Seller Finance Psble
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Last Updated: November - 17 - 2025
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.