NOT LISTED FOR SALE

11600 1st Avenue Gulf Unit 24 Marathon, FL 33050

Marathon Area

Estimated Value: $1,205,337

3 Beds
2.5 Baths
1,600 Sq Ft
$753/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2025

Last sale price $1,080,000 $675 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,488 / mo

Highlights

  • Airstrip
  • Beach
  • Boat Slip
  • Boat Ramp
  • Property fronts gulf or ocean
  • Concrete Pool

About This Home

As of September 2025

The LOWEST PRICED UNIT AT INDIGO REEF ON THE MARKET! Freshly painted inside & out & READY TO ENJOY THE ULTIMATE Keys Lifestyle! Located in INDIGO REEF, a luxurious town-house style community situated directly on the Gulf of Mexico just minutes from the heart of Marathon, yet quiet & tucked away from it all. With over 10 Acres of private land and gated, Villa 24 boasts incredible OPEN WATER views, vaulted ceilings in the main bedroom, quick and easy ocean access through the Vaca cut and an OPEN concept floor plan. This 3 bed/2.5 bath 1600 Sqft. townhome comes with a deeded 35 ft boat slip located just steps away from the unit. Indigo Reef community offers a spacious HEATED resort style pool with plenty of cushioned lounge chairs, Ice machine, Kayak storage, professional GYM room and ample owner's storage located in the temperature controlled HOA building with room for bikes and fishing gear. This home also comes with its own covered parking spot just steps from the front HOA building where more parking can be found along with additional storage on top. Villa 24 comes fully furnished and is a weekly vacation rental. Enjoy nightly sunsets while sipping a Key lime margarita from your GULF VIEW unit! You will LOVE sitting under your covered porch while you gaze over the gorgeous BLUE tones of the Gulf & relax after a successful day out on the water. This villa was recently modernized and freshly painted inside and out. Other notable features include, tile flooring throughout, GRANITE counter tops & STAINLESS steel appliances. SOLD FURNISHED & TURN KEY, ready for you to rent, relax & enjoy the Margarita~ville / Keys lifestyle all year long. Call today to make this home your island dream getaway!

Last Agent to Sell the Property

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718 Listed on: 08/05/2025

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499

Last Buyer's Agent

Jennifer Chaney

Chaney Homes License #3465189

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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,318

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 1,097 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,100 Monthly HOA Fees

Property Views

  • Gulf
  • Canal

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Storage
  • Home Gym

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 4 Parking Spaces
  • Carport
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Boat Slip
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Lanai
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00104180-001240

Community Details

Overview

  • Association fees include cable, common area mnt
  • Indigo Reef Marina Homes Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,318

Year Built

Built in 2006 | Remodeled

Lot Details

1,097 Sq Ft Lot

HOA Fees

$1,100 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • Additional Assessor Parcel Number 1: 00104180-002300
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1100.00
  • Mandatory HOA: Yes
  • Dockage Dock: Composite
  • Fee Includes: Cable, Other, Common Area Mnt
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 52.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Airstrip, Other Area Features, Beach, Tennis Courts, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: see condo docs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6317.85
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Guest Parking, Open Parking, Assigned Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2006
  • Alternate Key Number: 9087315
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 1097.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1600.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Window Treatments, Storage, Smoke Alarms, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Gym, Other
  • Windows/Doors: French Doors, Other Windows/Doors, Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Bay Front, Open Water, Canal Front, Gulf Front
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Storage, Sprinkler System, Outdoor Shower, Lanai, Lighting, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify
  • Heating: Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00104180-001240
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2021
Sold by
Bought by
Current Estimated Value
$1,205,337

Purchase Details

Closed on
Mar 26, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,550
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 10, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2011
Sold by
Bought by

Purchase Details

Closed on
May 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Marathon, FL

  • Karen Liskey Real Estate Agent - Key Colony Beach Realty

    Karen Liskey

    Responds Quickly

    Key Colony Beach Realty

    (786) 589-4414

    19 Total Sales

    4 in Marathon

    $295K - $7.7M Price Range

    Karen Liskey
     Section Image
  • Michelle Vanhoose Real Estate Agent - Coldwell Banker Schmitt Real Estate Co.

    Michelle Vanhoose

    Coldwell Banker Schmitt Real Estate Co.

    (786) 751-2494

    3 Total Sales

    1 in Marathon

    $500,000 Price

    Michelle Vanhoose
     Section Image
  • Madelyn Asuar Real Estate Agent - Keller Williams Realty International Lifestyles

    Madelyn Asuar

    Keller Williams Realty International Lifestyles

    (786) 765-3170

    5 Total Sales

    1 in Marathon

    $1,250,000 Price

    Madelyn Asuar
     Section Image
  • Margarita Villoch Real Estate Agent - Island Group Realty (KW)

    Margarita Villoch

    Responds Quickly

    Island Group Realty (KW)

    (786) 705-2319

    26 Total Sales

    2 in Marathon

    $145,000 Price Range

    Margarita Villoch
     Section Image
  • Lynn Goodwin Real Estate Agent - Coldwell Banker Schmitt Real Estate Co.

    Lynn Goodwin

    Coldwell Banker Schmitt Real Estate Co.

    (786) 705-4962

    67 Total Sales

    47 in Marathon

    $21K - $3.1M Price Range

    Lynn Goodwin
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$851,000 Florida Title Professional
-- Attorney
$700,000 Attorney
-- Attorney
$425,600 North American Title Company
-- Attorney
-- Attorney
$1,325,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $17,550
Previous Owner $993,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Sold $1,080,000 +0.5% $675 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
08/05/2025 08/05/25 For Sale $1,075,000 +162.2% $672 / Sq Ft
11/30/2012 11/30/12 Sold $410,000 -8.9% $256 / Sq Ft View Prior Sale
11/14/2012 11/14/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $449,900 -- $281 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,159 $921,418 $523,275 $398,143
2024 $8,903 $919,538 $523,275 $396,263
2023 $8,903 $952,738 $567,406 $385,332
2022 $7,926 $739,530 $409,793 $329,737
2021 $6,438 $554,975 $295,051 $259,924
2020 $6,134 $533,003 $292,529 $240,474
2019 $6,264 $546,158 $315,226 $230,932
2018 $6,005 $540,342 $306,823 $233,519
2017 $6,122 $586,177 $0 $0
2016 $5,812 $534,499 $0 $0
2015 $5,297 $465,894 $0 $0
2014 $5,040 $431,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Monica Barrett

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6554

    147 Total Sales

    Monica Barrett
    Section Image
  • Rick Servais Real Estate Agent - Coldwell Banker Schmitt Real Estate Co.

    Seller Co-Listing Agent in 2025

    Rick Servais

    Coldwell Banker Schmitt Real Estate Co.

    (305) 433-0349

    128 Total Sales

    Rick Servais
    Section Image

  • J

    Buyer's Agent in 2025

    Jennifer Chaney

    Chaney Homes

    (410) 739-0242

    32 Total Sales

    Jennifer Chaney
    Section Image

  • D

    Seller's Agent in 2012

    Debbie Halama

    Lower Keys Realty, Co.

  • Lissete Cadwell, P.A. Real Estate Agent - Florida Keys Realty Group LLC

    Buyer's Agent in 2012

    Lissete Cadwell, P.A.

    Florida Keys Realty Group LLC

    (305) 396-1368

    41 Total Sales

    Lissete Cadwell, P.A.
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 616048

APN: 00104180-001530

Florida Monroe County Marathon 33050

11600 1st Avenue Gulf Unit 24, Marathon, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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