No photo available
$2,500,000 Just Listed
Property Description
Built in 2023 and already one of the busiest vacation rentals, this turnkey waterfront property delivers immediate income with 2026 bookings already in place. Designed from the ground up for serious boaters and guests who demand premium amenities. Every detail has been selected to drive occupancy, command top nightly rates, and minimize owner headaches. Located in popular Coco Plum, less than 10 minutes from the open water & Vaca Cut for Gulf access. 73' of deep water dockage, heated pool, paver decking, water & electric at dock with outdoor lighting, covered entertaining area, 240V EV charger, 800 sq ft storage enclosure, aluminum gate for secure vehicle access & security cameras for piece of mind. Follow the stairs up the back to the large covered terrace where you can find shelter in the shade while still enjoying the fresh salt air. Head through the double doors into the open kitchen and living area where you will find 4 master suites all with private bathrooms, tile flooring throughout, beautiful quartz countertops, tile backsplash, built in wine cooler and additional half bath. Property is being sold furnished from dishes to linens to smart tvs. Nothing to do but bring your boat and start enjoying the Keys Salt Life. Seller owns the bay bottom!
Full Property Details
Full Property Details for 229 Pescayo Ave
General
- Price: $2,500,000
- Taxes: $13,262 (2025)
- Status: Active
- Type: Single Family
- Source: 927
- MLS ID: 619881
- Updated: 5/13/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Quartz Countertops, Smoke Alarms, Split Bedroom, Storage, Window Treatments
- Appliances: Stainless Steel Appliance(s), Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Bike Paths, Beach
- Pool: Yes
- Pool Description: Concrete, Heated, In Ground, Decked
- Security/Safety: On Premises System
Exterior
- Exterior Features: Lighting, Storage
- Deck/Patio: Open Porch/Balcony
- Porch/Patio/Deck: Open Porch/Balcony
Parking
- Parking Features: Open, Guest, Covered, Carport
Location
- Area: 18 - East of Holiday Inn US #1 & Coco Plum
- County: Monroe
- Subdivision: Coco Plum Beach (54.5)
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
- Heating Type: Central
Structural Information
- Architectural Style: Above Flood
- Construction Status: New Construction
- Construction: CBS
- Roof: Metal
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
- Square Feet: 2,040
- Sq. Ft. Source: Property Data Card
- Year Built: 2023
- Property Condition: New Construction
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 10,907
- Lot Size Source: Property Data Card
- Lot Dimensions: x
- Zoning: RH - Residential High
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $13,262.44
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Lot 5 Coco Plum Estates Pb7-95 Or3148-2388 Or3177-570
- APN: 363451000500
Listed by Coldwell Banker Schmitt Real Estate Co., Kim Rabito Show (305) 304-8591
Get Pre-Approved Today
Schools
Schools serving 229 Pescayo Ave
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 | 5.2 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 4.3 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 229 Pescayo Ave
Date
Details
Price
Change
Source
5/12/2026
Listed
$2,500,000
3233.33%
MLS
3/07/2022
Sold
$75,000
—
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 229 Pescayo Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,262
7%
$1,788,214
17%
2024
$12,382
177%
$1,529,745
307%
2023
$4,465
16%
$375,487
7%
2022
$3,834
—
$350,456
—
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 229 Pescayo Ave
229 Pescayo Avenue, Marathon, FL 33050 (MLS# 619881) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 229 Pescayo Avenue is currently listed for $2,500,000 and was received on May 12, 2026. Want to learn more about 229 Pescayo Avenue? 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.
