Date
Details
Price
Change
Source
8/25/2026
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$999,000 Just Listed
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Property Description
THE LOWEST-PRICED UNIT CURRENTLY ON THE MARKET AT INDIGO REEF, OFFERED UNDER $1 MILLION! An incredible opportunity to own in one of Marathon's most sought-after Gulf-front communities at a price rarely seen. Fully Furnished, turn-key, and ready for its next owner! Tucked away on more than 10 acres along the Gulf of Mexico, Indigo Reef offers the perfect combination of privacy, resort-style amenities, boating, and convenience, all just minutes from the heart of Marathon. Villa 23 is a spacious 3-bedroom, 2.5-bath townhome offering approximately 1,600 sq. ft., an open-concept floor plan, vaulted ceilings in the primary bedroom, and beautiful, unobstructed Gulf views from inside the villa and its covered porches. Freshly painted interior in 2025, the home features tile flooring, granite countertops, stainless steel appliances, and comes fully furnished and turn-key. For boaters, a separately deeded 35-ft boat slip conveys with the property and is located just steps from the villa, with quick access to both the Gulf and Atlantic through Vaca Cut. Spend the day fishing or boating, then come home, pour a Key lime margarita, and watch another unforgettable Keys sunset from your own Gulf-view porch. Indigo Reef offers a heated resort-style pool, fitness room, ice machine, kayak storage, lush tropical grounds, gated entry, and generous owner storage in the climate-controlled HOA building with room for bikes, fishing gear, and more. The villa also includes a covered parking space conveniently located near the unit, with additional parking available. Weekly vacation rentals are permitted, offering flexibility as a vacation home, investment property, or your own private Keys escape. With open-water views, deeded boating, resort-style amenities, weekly rental potential, furnishings included, and a price under $1M, Villa 23 represents an exceptional opportunity at Indigo Reef. Don't miss your chance to own a piece of the Keys lifestyle at an incredible value. 3D tour ava
Full Property Details
Full Property Details for 11600 1st Ave Gulf #23
General
- Price: $999,000
- HOA FEE: $1,219/month
- Taxes: $8,590 (2025)
- Status: Active
- Type: Townhouse
- Source: 927
- MLS ID: 621097
- Updated: 8/27/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Cathedral Ceilings, Drapes/Blinds Incl, Granite Counter Top, Smoke Alarms, Split Bedroom, Storage, Window Treatments, Gym
- Appliances: Stainless Steel Appliance(s), Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Flooring: Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Other Area Features, Community Boat Ramp, Bike Paths, Beach, Tennis Court(s), Pool, Airport/Runway
- Pool: Yes
- Pool Description: Concrete, Heated, In Ground
- Security/Safety: Electric Gate
Exterior
- Exterior Features: Fencing, Lanai, Outdoor Shower, Sprinkler System, Storage, Boat Slip
- Deck/Patio: Open Porch/Balcony, Deck
- Porch/Patio/Deck: Open Porch/Balcony, Deck
Parking
- Parking Features: Open, Guest, Carport, Assigned
Location
- Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
- County: Monroe
- Subdivision: Indigo Reef Marina Homes (52.5)
- Driving Directions: From US 1 turn onto 1st Ave Gulf, Gate will open automatically. Take the road to the stop sign and turn right house on left.
Community
- Association: Yes
- Assoc. Fees Include: Other, Cable TV, Common Area Mnt, Security
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Central Air, Ceiling Fans(s)
- Heating Type: Electric
Structural Information
- Architectural Style: Above Flood, Townhouse
- Construction: Frame, Hardi Board Siding
- Roof: Metal
- Windows/Doors: Aluminum Windows, French Doors, Other Windows/Doors
- Square Feet: 1,600
- Sq. Ft. Source: Property Data Card
- Year Built: 2006
Unit Information
- Unit Type: Unit
Lot Features
- Property View: Canal, Open Water View, Bay
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,152
- Lot Size Source: Property Data Card
- Zoning: RH - Residential High
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay Front, Canal Front, Gulf Front, Open Water
Financial Considerations
- Association Fee: Yes
- Association Fee: $1,219
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,590.32
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan, FHA
Disclosures and Reports
- Legal Description: RESIDENTIAL UNIT 23 INDIGO REEF MARINA HOMES OR2180-686/684DEC OR2315-1697 OR2687-915AMD OR2736-1492C/T OR3263-0841
- Flood Zone: AE
- APN: 00104180-001230
Listed by Coldwell Banker Schmitt Real Estate Co., Monica Jane Barrett (305) 433-0349
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 11600 1st Ave Gulf #23 —
Monica Jane Barrett
Coldwell Banker Schmitt Real Estate Co.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 11600 1st Ave Gulf #23
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 4.3 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11600 1st Ave Gulf #23
Tax History
Tax History for 11600 1st Ave Gulf #23
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,590
11%
$885,357
1%
2024
$7,707
3%
$878,805
-3%
2023
$7,497
26%
$903,732
78%
2021
$5,967
-10%
$507,300
-28%
2022
$6,655
12%
$704,137
39%
2021
$5,967
-3%
$507,738
-5%
2019
$6,139
3%
$533,332
—
2018
$5,964
-7%
$535,919
-8%
2017
$6,394
5%
$581,130
10%
2016
$6,066
15%
$528,835
21%
2015
$5,263
5%
$437,839
10%
2014
$5,010
10%
$398,036
10%
2013
$4,571
—
$361,851
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11600 1st Ave Gulf #23
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11600 1st Ave Gulf #23, Marathon, FL 33050 (MLS# 621097) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 11600 1st Ave Gulf #23 is currently listed for $999,000 and was received on August 25, 2026. Want to learn more about 11600 1st Ave Gulf #23? Do you have questions about finding other Townhouse real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.