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$1,050,000
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Property Description
TURNKEY Indigo Reef villa is now available! This 3-bedroom, 2.5-bathroom townhome is a boaters dream and income-earning gem. The highly desired Indigo Reef complex offers resort-like amenities for homeowners and guests. This private, gated community is conveniently located minutes from the heart of Marathon, while peacefully tucked away on 10+ acres along the water's edge. The community features a spacious, heated pool with comfortable lounge chairs, an ice machine, kayak storage, a professional-grade gym, plus ample owner storage in the temperature-controlled HOA building - perfect for bikes and fishing gear. Villa 47 stands out amongst the rest, offering breathtaking open-water views, vaulted ceilings, and a spacious open-concept downstairs living space. Throw open the French doors to expand your entertaining space further and unwind in the shade of the covered porch, overlooking manicured grounds and open water. Upstairs, you'll find a well-thought design with 3 bedrooms, 2 bathrooms, and laundry. Each bedroom features balcony access with the 2nd and 3rd bedrooms opening to the front balcony. The primary ensuite opens to the private, upper back deck overlooking the Gulf, where you can soak up the sun, relish the sunset views, or spend your nights stargazing. This home comes with an assigned covered parking space steps from the front entrance. Off the back porch, you'll find some of the best boating and fishing in the world. The 31' deeded boat slip is protected by mangroves while the deep-water channel is easy to maneuver and allows quick access to the Gulf and ocean via Vaca Cut. Fully furnished and currently a successful weekly vacation rental, the new owner can start earning income immediately with bookings in place through next spring. This home is a must-see! Call today to schedule your showing!
Full Property Details
Full Property Details for 11600 1st Ave Gulf #47
General
- Sold For: $1,050,000
- HOA FEE: $1,100/month
- Taxes: $7,355 (2024)
- Status: Closed
- Type: Townhouse
- Source: 927
- MLS ID: 613988
- Added to Site: 442 day(s) ago
Interior
- Interior Features: Built-in Cabinets, Drapes/Blinds Incl, Granite Counter Top, Smoke Alarms, Storage
- Appliances: Stainless Steel Appliance(s), Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Concrete, Heated, In Ground
- Security/Safety: Electric Gate
Exterior
- Exterior Features: Boat Slip
- Deck/Patio: Open Porch/Balcony, Deck, Patio
- Porch/Patio/Deck: Open Porch/Balcony, Deck, Patio
Parking
- Parking Features: Guest, Off Street, Covered, Assigned
Location
- Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
- County: Monroe
- Subdivision: Indigo Reef Marina Homes (52.5)
Community
- Association: Yes
- Assoc. Fees Include: Common Area Mnt
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood, Townhouse
- Construction: Frame, Hardi Board Siding
- Roof: Metal
- Windows/Doors: Shutters
- 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.): 1,226
- Lot Size Source: Property Data Card
- Zoning: RM - Residential Medium
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: $1,100
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,355.56
- Tax Year: 2024
Disclosures and Reports
- Legal Description: UNIT 47 RESIDENTIAL INDIGO REEF MARINA HOMES
- Flood Zone: AE
- APN: 00104180-001470
Listed by Coldwell Banker Schmitt Real Estate Co. (KW), Sarah Eckert (772) 501-6576
Sold by Outside Of MLS, outside of mls
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Schools
Schools serving 11600 1st Ave Gulf #47
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 #47
Date
Details
Price
Change
Source
12/22/2025
Sold
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11600 1st Avenue Gulf #47, Marathon, FL 33050 (MLS# 613988) is a Townhouse property that was sold at $1,050,000 on December 22, 2025. Want to learn more about 11600 1st Avenue Gulf #47? 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.

