$1,570,000
OPEN SAT 11AM - 1PM $150K PRICE DROP

11243 3rd Avenue Gulf Marathon, FL 33050

Estimated payment $9,468/month

Total Views 15,495
5 Beds
4 Baths
2,416 Sq Ft
$650 Price per Sq Ft

Highlights

  • Airstrip
  • Boat Ramp
  • Dock made with concrete
  • Coral Shores High School Rated A
  • Beach
  • Heated In Ground Pool

About This Home

Tropical Waterfront Escape | 11243 3rd Avenue Gulf, Marathon, FL 33050Welcome to your ultimate Keys getaway -- a spacious and stylish waterfront retreat in the heart of Marathon that's fully equipped for vacation rental success or relaxed tropical living. With 5 bedrooms, 4 full baths, and a flexible layout that comfortably hosts up to 12 guests, this property offers a rare blend of island charm, income potential, and exceptional amenities.Step inside to discover an inviting open-concept interior featuring a chef's kitchen with a gas range, stainless appliances, and generous prep space. The primary suite is a private sanctuary complete with a king bed, sofa bed, and spa-inspired ensuite bath. Additional guest rooms are thoughtfully appointed with a mix of king, queen, and twin accommodations -- ideal for large families or groups.Outdoors, unwind by the 330 sq ft private pool, complete with TWO new tiki huts -- one poolside and another near the fish cleaning station for added shade and entertaining. The brand-new putting green, oversized yard, and game zone (including ping pong, Pac-Man, foosball, basketball, and giant yard games) make this home the perfect playground for all ages.Boaters and anglers will love the 115-ft private dock with water and power -- plenty of room for multiple boats. A bait freezer, ice maker, and shaded cleaning station add convenience for your next big catch. There's even room to park an RV, plus additional space for cars and trailers.This property is being sold fully furnished and vacation rental ready, complete with future bookings and repeat guests, making it an easy turn-key investment. An affordable assumable flood policy sweetens the deal.Don't miss this rare opportunity to own a piece of paradise that truly has it all -- space, income, lifestyle, and location.Schedule your private showing today and get ready to live the dream in the Florida Keys! Interior Photos are coming soon!

Listing Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 05/28/2025

Coldwell Banker Schmitt Real Estate Co.

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,240

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Home Design

  • Shingle Roof

Interior Spaces

  • 2,416 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Canal Views
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Heated In Ground Pool
  • Airstrip
  • Seawall
  • Dock made with concrete
  • Balcony
  • Patio
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 00335840-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Sub Subdivision
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,240

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 100
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 13239.87
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, RV Parking Covered, Off Street Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1970
  • Alternate Key Number: 1413488
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 12728.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2416.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: No
  • Statistical Purposes Only: No
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer, Granite Counter Top, Walk-in Closet(s), Smoke Alarms
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Disposal, Oven, Range, Refrigerator
  • Floor: Tile, Laminate
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Lighting
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-7
  • Parcel Number: 00335840-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,098 $1,405,413 $935,508 $469,905
2023 $14,098 $1,465,270 $980,056 $485,214
2022 $6,903 $1,052,607 $553,119 $499,488
2021 $5,484 $671,626 $264,615 $407,011
2020 $5,151 $659,769 $248,077 $411,692
2019 $3,871 $343,449 $242,564 $100,885
2018 $2,372 $238,863 $0 $0
2017 $2,322 $233,951 $0 $0
2016 $2,336 $229,140 $0 $0
2015 $2,332 $227,547 $0 $0
2014 $2,363 $225,741 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $1,570,000 -8.7% $650 / Sq Ft
05/28/2025 05/28/25 For Sale $1,720,000 +7.5% $712 / Sq Ft
01/05/2023 01/05/23 Sold $1,600,000 -8.6% $633 / Sq Ft
10/17/2022 10/17/22 For Sale $1,750,000 0.0% $693 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $1,750,000 -5.4% $693 / Sq Ft
06/24/2022 06/24/22 For Sale $1,850,000 +386.8% $732 / Sq Ft
02/16/2018 02/16/18 Sold $380,000 +1.3% $199 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $375,000 -- $196 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,600,000 --
Quit Claim Deed $660,900 New Title Company Name
Warranty Deed $380,000 Attorney
Quit Claim Deed $100 --
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $125,000 --
Warranty Deed $135,000 --
Deed $5,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,040,000 New Conventional
Previous Owner $754,415 New Conventional
Previous Owner $660,850 New Conventional
Previous Owner $485,225 Commercial
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 615209

APN: 00335840-000000