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$2,545,000
Property Description
Welcome to The Tides at Vaca Cut #2, a beautifully designed 5-bedroom, 4-bathroom waterfront retreat in one of the Florida Keys' most desirable luxury communities. Offering 2,607 square feet of living space, this newer construction residence (2020) was thoughtfully built and designed by D'Asign Source, a leader in Florida Keys luxury architecture and interiors. Furnished with refined coastal style, the home blends upscale design with relaxed island living. The spacious open-concept living area opens seamlessly to a private pool and hot tub, creating an exceptional outdoor entertainment space framed by sweeping views of the Vaca Cut. Whether enjoying a sunset soak or hosting guests, the outdoor living experience here is second to none. Built with longevity and performance in mind, the home features concrete block construction, impact windows and doors, a metal roof, and double-stacked washers and dryers, making it exceptionally well-suited for high-demand vacation rental use. Boaters will appreciate 36 feet of dockage with immediate access to both the Atlantic Ocean and the Gulf of America, while the constant boat traffic through the cut provides some of the best boat-watching in the Middle Keys. Located in a proven luxury complex with strong rental demand, this turnkey property offers outstanding income potential along with an elevated waterfront lifestyle. Luxury design, prime dockage, and resort-style outdoor living-The Tides at Vaca Cut #2 is an exceptional opportunity to own in one of Marathon's premier waterfront developments.
Full Property Details
Full Property Details for 11890 1st Ave Gulf #2
General
- Price: $2,545,000
- HOA FEE: $707/month
- Taxes: $19,296 (2025)
- Status: Active
- Type: Single Family
- Source: 927
- MLS ID: 618204
- Updated: 5/13/2026
- Added to Site: 113 day(s) ago
Interior
- Interior Features: Entrance Foyer, Walk-in Closet(s), Bar, Drapes/Blinds Incl, Pantry, Quartz Countertops, Storage, Window Treatments
- Appliances: Stainless Steel Appliance(s), Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
- Flooring: Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Pool Description: Heated, In Ground, Fiberglass
- Security/Safety: Electric Gate, On Premises System
Exterior
- Exterior Features: Fencing, Hot Tub
- Deck/Patio: Open Porch/Balcony, Deck, Patio
- Porch/Patio/Deck: Open Porch/Balcony, Deck, Patio
Parking
- Parking Features: Open, Guest, Off Street, Covered
Location
- Area: 18 - East of Holiday Inn US #1 & Coco Plum
- County: Monroe
- Subdivision: Fat Deer Key (53.0)
- Driving Directions: Turn North onto 120 St Gulf then turn left in the gravel lot, continue through the gated entrance to be welcomed to the Tides at the Vaca Cut.
Community
- Association: Yes
- Assoc. Fees Include: Other, 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
- Construction Status: New Construction
- Construction: CBS
- Roof: Metal
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
- Square Feet: 2,607
- Sq. Ft. Source: Property Data Card
- Year Built: 2020
- Property Condition: New Construction
Lot Features
- Property View: Open Water View, Ocean, Bay
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,375
- 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: $707
- Assoc Fee Freq.: Monthly
- Tax Amount: $19,296.02
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan, FHA
Disclosures and Reports
- Legal Description: FAT DEER KEY PT LOT 3 (AKA UNIT 2 THE TIDES AT VACA CUT) OR3030-228 OR3133-0964 OR3167-0851
- Flood Zone: AE
- APN: 00100740-000102
Listed by Berkshire Hathaway HomeServices Keys Real Estate, Nate Bartlett (305) 802-6283
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Schools
Schools serving 11890 1st Ave Gulf #2
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 | 4.4 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 11890 1st Ave Gulf #2
Date
Details
Price
Change
Source
1/20/2026
Listed
$2,545,000
6.04%
MLS
4/02/2022
Sold
$2,400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11890 1st Ave Gulf #2
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,297
—
$2,202,227
—
2024
$20,297
-1%
$2,194,419
1%
2023
$20,576
126%
$2,167,360
123%
2021
$9,111
-19%
$970,284
-14%
2022
$11,215
23%
$1,133,998
579%
2021
$9,111
—
$166,950
—
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 11890 1st Ave Gulf #2
11890 1st Ave Gulf #2, Marathon, FL 33050 (MLS# 618204) is a Single Family property with 5 bedrooms and 4 full bathrooms. 11890 1st Ave Gulf #2 is currently listed for $2,545,000 and was received on January 20, 2026. Want to learn more about 11890 1st Ave Gulf #2? Do you have questions about finding other Single Family real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.
