2394 Coco Plum Drive, Marathon, FL 33050
$11,000,000
Property Type:
Commercial Sale
Bedrooms:
18
Baths:
21
Lot Size (sq. ft.):
1
Status:
Active
Current Price:
$11,000,000
List Date:
12/03/2025
Last Modified:
12/03/2025
Description
Welcome to an unparalleled collection of THREE designer residences on 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, each residence is a testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship.
Each of the three homes spans off 4,066 square feet and features 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, each 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 each home offers 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 family compound, a luxury short-term rental business, or an exclusive corporate retreat, 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 INDIVIDUALLY (See MLS #615435, 615436, 615437)
More Information MLS# 615102
Contract Information
Listing Board: Florida Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $11,000,000
Listing Date: 2025-05-21
List Price: $11,000,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 54.6
Marathon Neighborhood: Coco Plum
Side: Ocean
Flood Zone: AE8
Alternate Key #: 8902808
Parcel #: 00366031-000100
Bldg Nbr: 1-3
Zoning: RM - Residential Medium
Legal: BK 20 LT 1-A AND WLY 75FT OF CANAL LYING NLY AND CONTIGUOUS COCO PLUM BEACH RE-PLAT 1 PB7-68
Taxes: 47825
Tax Year: 2024
Street #: 2394
Street Name: Coco Plum
Street Suffix: Drive
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Coco Plum (54.6)
County: Monroe
Area: 18 - East of Holiday Inn US #1 & Coco Plum
General Property Description
Realtor.COM Type: Multi-Family
Waterfront: Yes
Control Depth: 7
Lot Size: 57,135 sq ft
Lot SqFt: 0.6
Total Units: 3
Year Established: 2018-12-31
Off Street Parking: yes
# Stories: 3
SqFt Source: Property Data Card
Total # Buildings: 3
Building SqFt: 12198
Style: Commercial
Year Built: 2019
Total Bedrooms: 18
Full Baths: 18
Half Baths: 3
Total Baths: 21
Remarks & Misc
Remarks – Consumer: Welcome to an unparalleled collection of THREE designer residences on 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, each residence is a testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship.
Each of the three homes spans off 4,066 square feet and features 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, each 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 each home offers 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 family compound, a luxury short-term rental business, or an exclusive corporate retreat, 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 INDIVIDUALLY (See MLS #615435, 615436, 615437)
Deed Restrictions
Affordable Housing: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 3
Type
Apartment 3 or more: 1
Fee Includes
None: 1
Dockage
Dock: Wood
Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Property Info
# Kitchens: 3
Cooling
Central Air: 1
Waterfront
Canal Front: 1
Waterview
Ocean View: 1
Floor
Carpet: 1
Combo: 1
Tile: 1
Interior Features
Drapes/Blinds Incl: 1
Entrance Foyer: 1
Furnished: 1
Laundry Room: 1
Pantry: 1
Wet Bar: 1
Windows/Doors
Impact Rstnce Doors: 1
Vehicle Storage
Car(s): 4+
Off Street Parking: 1
Construction
CBS: 1
Land Size
1/2 - Less Than 1 AC: 1
Terms
Seller Finance Psble: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Separate Meters: 1
Miscellaneous
Chickee Hut: 1
Open Water View: 1
Patio: 1
Pool: 1
Sprinkler System: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Contingent: None
Status: Active
Property Features
Deed Restrictions: Affordable Housing
Type: Apartment 3 or more
Waterfront: Canal Front
Waterview: Ocean View
Vehicle Storage: Off Street Parking
Cooling: Central Air
Utilities: Buyer to Verify; FKAA; Separate Meters
Interior Features: Drapes/Blinds Incl; Entrance Foyer; Furnished; Laundry Room; Pantry; Wet Bar
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Miscellaneous: Chickee Hut; Open Water View; Patio; Pool; Sprinkler System
Construction: CBS
Floor: Carpet; Combo; Tile
Roof: Metal Roof
Land Size: 1/2 - Less Than 1 AC
Fee Includes: None
Terms: Seller Finance Psble
Listing Office:
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Last Updated: December - 03 - 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.
