Date
Details
Price
Change
Source
3/12/2026
Listed
$1,260,000
—
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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1/41
$1,260,000
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Property Description
CORAL LAGOON - 40' Boat Slip + 3 bedroom townhouse that allow for rentals of 2 nights or more in the heart of Marathon! Imagine waking up in the Florida Keys with your boat just steps away and the open water calling. At Coral Lagoon Resort in Marathon, this 3-bedroom, 2-bath townhouse offers the perfect combination of island lifestyle and smart investment potential. The property includes a 40' BOAT SLIP at the marina, giving you quick access to both the Atlantic Ocean and Gulf waters for fishing, diving, and cruising some of the most beautiful waters in the world. Whether it's an early morning run to the reef or sunset at the sandbar, boating is simply part of daily life here. Coral Lagoon is known for its quaint Key West-style architecture, tropical landscaping, and resort-style pool, all within a professionally maintained, low-maintenance community that allows you to enjoy the Keys without the stress of constant upkeep. Even better, short-term rentals are permitted, making this an attractive opportunity for buyers looking to generate income while still enjoying their own private getaway in paradise. Located in the heart of Marathon, you're minutes from waterfront dining, fishing charters, beaches, and everything that makes the Florida Keys lifestyle so special. Whether you're looking for a vacation home, boating retreat, or income-producing property, Coral Lagoon offers a rare opportunity to own a piece of the Keys with both lifestyle and investment appeal. Make time to schedule your appointment for this winning combo as these are limited.
Full Property Details
Full Property Details for 12399 Overseas Hwy #5
General
- Price: $1,260,000
- HOA FEE: $1,095/month
- Taxes: $9,366 (2025)
- Status: Active
- Type: Townhouse
- Source: 927
- MLS ID: 619032
- Updated: 5/13/2026
- Added to Site: 77 day(s) ago
Interior
- Interior Features: Granite Counter Top, Smoke Alarms, Window Treatments
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Community Boat Ramp, Pool, Airport/Runway
- Pool: Yes
- Pool Description: Heated, In Ground
Exterior
- Exterior Features: Boat Slip
- Deck/Patio: Open Porch/Balcony, Deck
- Porch/Patio/Deck: Open Porch/Balcony, Deck
Parking
- Parking Features: Open, Guest
Location
- Area: 18 - East of Holiday Inn US #1 & Coco Plum
- County: Monroe
- Subdivision: Coral Lagoon Resort (53.0)
- Driving Directions: Coral Lagoon - located oceanside at Mile Marker 53. Turn at the Coral Lagoon sign on US1. Park in parking lot near marina. Unit 5 is on the rear canal to the right.
Community
- Association: Yes
- Assoc. Fees Include: Common Area Mnt
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
- Heating Type: Central
Structural Information
- Architectural Style: Above Flood, Townhouse
- Construction: Frame
- Roof: Metal
- Square Feet: 1,360
- Sq. Ft. Source: Property Data Card
- Year Built: 2007
Unit Information
- Units in Building: 1
- Unit Type: Unit
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,055
- Lot Dimensions: x
- Zoning: R-MH - Residential - MH
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Association Fee: Yes
- Association Fee: $1,095
- Assoc Fee Freq.: Monthly
- Tax Amount: $9,366.84
- Tax Year: 2025
- Terms: Conventional, VA Loan, FHA
Disclosures and Reports
- Legal Description: 5 66 33 FAT DEER KEY PT GOVT LOT 3 (AKA PARCEL 5 THE VILLAGE AT 12399 OVERSEAS) /UNIT 38 BOAT HOUSE MARINA CONDOMINIUM
- Flood Zone: AE-8
- APN: 00100390-000500
Listed by Keller Williams Key West Compass Realty, Donna Pezzi (305) 304-2602
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Listing agent
— 12399 Overseas Hwy #5 —
Donna Pezzi
Keller Williams Key West Compass Realty
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 12399 Overseas Hwy #5
Estimate the Cost
Estimate the Cost for 12399 Overseas Hwy #5
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12399 Overseas Highway #5, Marathon, FL 33050 (MLS# 619032) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 12399 Overseas Highway #5 is currently listed for $1,260,000 and was received on March 12, 2026. Want to learn more about 12399 Overseas Highway #5? 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.