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$745,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 3 Full Baths
  • 1,493 Sq. Ft.
  • Updated 13 hours ago
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7-day rentals allowed in a high-demand Marathon market, offering strong income potential and flexibility for short-term rental use. Turnkey, fully furnished villa-style residence ready for immediate enjoyment or income from day one.Welcome to a 3 bedroom, 3 bathroom property offering 1,493 sq ft, ideal as a vacation rental, second home, or income-producing property. Located in a desirable bayfront community, this home combines durability, flexibility, and the Florida Keys lifestyle. Features include impact-resistant windows and doors and a solid concrete rooftop terrace, well suited for the Keys environment.The layout is ideal for rental use, featuring two spacious primary suites with en-suite bathrooms for flexible occupancy. A third bedroom provides additional guest space or added income potential.Offered fully furnished, this is a true turnkey opportunity with everything in place for immediate use.7-day rentals are allowed, a key advantage in the Florida Keys where year-round demand remains strong and inventory with this level of flexibility is limited, positioning the property well for short-term rental performance.This property is a newer addition to the short-term rental market, giving a new owner the opportunity to establish rental history and maximize income potential.Additional value includes a pre-built elevator shaft for future installation.Enjoy access to a community pool and waterfront common area, along with a private rooftop terrace perfect for relaxing, entertaining, and taking in the Florida Keys atmosphere.Low insurance costs and manageable association dues help keep ownership expenses predictable, with services including water, sewer, trash, landscaping, and pool maintenance.Whether used as a personal getaway, income-producing property, or both, this offers flexibility and long-term value in the Florida Keys.

Full Property Details for 12400 Overseas Hwy #Villa # 3

General

  • Price: $745,000
  • HOA FEE: $602/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $6,219 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: 927
  • MLS ID: 619157
  • Updated: Today (3/22/2026)
  • Added to Site: Today

Interior

  • Interior Features: Drapes/Blinds Incl, Walk-in Closet(s), Storage, Smoke Alarms, Built-in Cabinets, Entrance Foyer, Split Bedroom
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Community Pool
  • Pool: Yes
  • Pool Description: In Ground
  • Security/Safety: Electric Gate

Exterior

  • Exterior Features: Lanai
  • Deck/Patio: Open Porch/Balcony, Roof Top Deck, Deck

Parking

  • Garage Spaces: 2
  • Carports: Yes
  • Total Spaces: 2
  • Parking: Carport, Off Street Parking, Guest Parking

Location

  • Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
  • County: Monroe
  • Subdivision: Bougainvillea Villas Condominium (53.5)

Community

  • Assoc. Fees Include: Sewer, Common Area Mnt, Water
  • Pet Restrictions: YES

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fans(s)

Utilities

  • Water: Bay/Gulf View
  • Utility Description: FKAA, Municipal Sewer

Structural Information

  • Architectural Style: Townhouse
  • Construction Status: Updated/Remodeled
  • Construction: CBS
  • Roof: Concrete Roof
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Stories/Levels: 2 Stories
  • Square Feet: 1,493
  • Sq. Ft. Source: Tax Records
  • Year Built: 2007
  • Property Condition: Updated/Remodeled

Unit Information

  • Unit Type: Complex

Lot Features

  • Lot Dimensions: x
  • Zoning: RH - Residential High

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Gulf Front
  • Dock Description: None

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $1,805
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $6,219
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: Unit 3 Bougainvillea Villas Condominium Or2337-978/1047Dec Or2656-703/04 Or3037-1827
  • Flood Zone: AE-9
  • Rentals Allowed: Yes
  • APN: 100571000300

Listed by Coldwell Banker Schmitt Islamorada, Anthony Pallaria (305) 923-3088

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Listing agent

— 12400 Overseas Hwy #Villa # 3 —

  • Anthony Pallaria

    Coldwell Banker Schmitt Islamorada

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 12400 Overseas Hwy #Villa # 3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/22/2026
Listed
$745,000
140.32%
MLS
9/27/2013
Sold
$310,000
—
Public Record
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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 for 12400 Overseas Hwy #Villa # 3

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,820
4%
$714,063
—
2023
$6,554
20%
$714,063
57%
2021
$5,457
-10%
$455,159
-27%
2022
$6,060
11%
$625,522
49%
2021
$5,457
15%
$420,728
8%
2019
$4,726
4%
$387,772
1%
2018
$4,561
2%
$384,764
-9%
2017
$4,474
5%
$424,975
10%
2016
$4,265
14%
$387,939
34%
2015
$3,745
-2%
$289,079
—
2014
$3,823
-5%
$289,079
-5%
2013
$4,015
—
$303,897
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Coldwell Banker Schmitt Islamorada, Anthony Pallaria (305) 923-3088

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Recent Sales near 12400 Overseas Hwy #Villa # 3

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88181 Old Hwy, Islamorada, FL 33036 - Photo 1 Sold
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88181 Old Hwy  #G43  Islamorada, FL 33036

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88181 Old Hwy  #43G  Islamorada, FL 33036

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12400 Overseas Highway #Villa # 3, Marathon, FL 33050 (MLS# 619157) is a Townhouse property with 3 bedrooms and 3 full bathrooms. 12400 Overseas Highway #Villa # 3 is currently listed for $745,000 and was received on March 22, 2026. Want to learn more about 12400 Overseas Highway #Villa # 3? 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.

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