$1,350,000
SOLD JAN 31, 2025

11600 1st Avenue Gulf Unit 65 Marathon, FL 33050

3 Beds
2.5 Baths
1,600 Sq Ft
$1,100/mo HOA Fee

Recently Sold

$844 Per Sq Ft

4% Below List Price

90 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Property fronts gulf or ocean
  • Coral Shores High School Rated A
  • Beach
  • Boat Slip

About This Home

As of January 2025

VERY RARE, GULF FRONT UNIT, completely MODERNIZED & READY TO ENJOY the Ultimate Keys Lifestyle ! Located in INDIGO REEF, a luxurious town-house style community located directly on the Gulf of Mexico just minutes from the heart of Marathon, yet quiet & tucked away from it all. Situated on over 10 Acres of private land and gated, villa 65 boasts Incredible OPEN WATER views, vaulted ceilings, 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 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 plenty of owner's storage located in the temperature controlled HOA building with room for bikes and fishing gear. Home also comes with its own covered parking spot just steps from the front and with additional storage on top. This unit comes fully furnished and is a successful weekly vacation rental. Enjoy nightly sunsets while sipping a margarita from your GULF FRONT 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 professionally decorated with a coastal chic aesthetic. Luxury vinyl wood plank flooring throughout, IMPACT windows/doors, Large custom kitchen island, Coffee bar with separate Wine/beverage fridge, Deep French Stainless steel sink, easy maintenance TREX decking on all the exterior stairs & porches, QUARTZ counter tops & island, updated bathroom vanities and coastal modern tiled showers & STAINLESS steel appliances. AC new in 2019. SOLD FURNISHED & TURN KEY, ready for you to rent, relax & enjoy. Call today to make this rare unit your island dream home!

Last Agent to Sell the Property

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718 Listed on: 08/06/2024

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499

Last Buyer's Agent

outside of mls

Outside Of MLS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,704

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 1,188 Sq Ft Lot
  • Property fronts gulf or ocean
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,100 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Storage
  • Home Gym
  • Gulf Views

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

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

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 00104180-001650

Community Details

Overview

  • Association fees include cable, common area mnt
  • 67 Units
  • 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

  • Pet Restriction: see condo docs

Security

  • Complete Roll Down Shutters
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,704

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • Additional Assessor Parcel Number 1: 00104180-002050
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1100.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Composite
  • Dockage Dock Length: 35
  • Document Count: 8
  • 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: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7703.86
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Guest Parking, Open Parking, Assigned Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2006
  • Alternate Key Number: 9085949
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 1188.00
  • 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
  • Shutters: Roll Down Manual
  • 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, Built-in Cabinets, Quartz Countertops, Window Treatments, Storage, Smoke Alarms, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Vinyl, Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Gym, Other
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Storage, Sprinkler System, Outdoor Shower, Lanai, Lighting
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water 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: 00104180-001650
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
G & Ml Enterprises Llc
Bought by
Hendrickson Living Trust and Hendrickson
Current Estimated Value
$1,215,411

Purchase Details

Closed on
Jun 9, 2006
Sold by
Key Lime Family Development Inc
Bought by
G & Ml Enterprises Llc
Source: Public Records

Similar Homes in the area

  • 95 Coco Plum Dr Unit 1, Marathon, FL 33050

    $1,465,000

    • 2 Beds
    • 2.5 Baths
    • 1,838 Sq Ft
    • 95 Coco Plum Dr
    • Unit 1
    • Marathon, FL

    Bonefish Townhomes -- Your Waterfront Escape Awaits!Welcome to the best of Florida Keys living at Bonefish Townhomes -- where luxury meets laid-back coastal vibes. This beautifully appointed 2-bedroom, 2.5-bath end unit townhome offers stunning open water views of the channel and delivers the lifestyle you've been dreaming of. Being an end unit provides added privacy, along with extra windows

    BJ Born Real Estate Sales Force, Inc.

    Section Image
  • 2600 Overseas Hwy Unit 87, Marathon, FL 33050

    $1,085,000

    • 3 Beds
    • 2.5 Baths
    • 1,320 Sq Ft
    • 2600 Overseas Hwy
    • Unit 87
    • Marathon, FL

    YTD May 31 2025 Gross Rental Income 95K!!! Welcome to Tranquility Bay Resort, located in the heart of Marathon, offering resort-style amenities & outstanding rentals. A rare corner unit, this 3-bedroom, 2.5-bath gulf front townhome is uniquely situated at the quiet, northern end of the resort. A perfect blend of luxury & investment with a strong rental history. Step inside & be greeted by

    Lorie Leal American Caribbean Real Estate

    Section Image
  • 11600 1st Avenue Gulf Unit 47, Marathon, FL 33050

    $1,200,000

    • 3 Beds
    • 3 Baths
    • 1,600 Sq Ft
    • 11600 1st Avenue Gulf
    • Unit 47
    • Marathon, FL

    TURNKEY Indigo Reef villa is now available! This 3-bedroom, 2.5-bathroom townhome is a boaters dream and income-earning gem. Villa 47 offers breathtaking open-water views, vaulted ceilings, and an open-concept downstairs living space that is ideal for entertaining. Throw open the French doors to expand the space further and unwind in the shade of the covered porch while overlooking the manicured

    Sarah Eckert Coldwell Banker Schmitt Real Estate Co. (KW)

    Section Image
  • 11600 1st Avenue Gulf Unit 24, Marathon, FL 33050

    $1,075,000

    • 3 Beds
    • 2.5 Baths
    • 1,600 Sq Ft
    • 11600 1st Avenue Gulf
    • Unit 24
    • Marathon, FL

    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

    Monica Barrett Coldwell Banker Schmitt Real Estate Co.

    Section Image
  • 11600 1st Avenue Gulf Unit 32, Marathon, FL 33050

    $1,499,000

    • 3 Beds
    • 2.5 Baths
    • 1,600 Sq Ft
    • 11600 1st Avenue Gulf
    • Unit 32
    • Marathon, FL

    LUXURIOUS townhome in desirable INDIGO REEF located in Marathon! One of the most beautiful units in this upper end development with immaculate interior finishes and spectacular OPEN WATER views right out your back door. Take a short walk to your deeded 31' boat slip offering the only BOAT LIFT in the development. Easy bay and Atlantic Ocean access to enjoy amazing fishing, snorkeling and diving

    Lisa Frins Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Section Image
  • 11600 1st Avenue Gulf Unit 25, Marathon, FL 33050

    $1,150,000

    • 3 Beds
    • 2.5 Baths
    • 1,690 Sq Ft
    • 11600 1st Avenue Gulf
    • Unit 25
    • Marathon, FL

    VERY RARE CORNER UNIT, Freshly painted inside and out & READY TO ENJOY the Ultimate Keys Lifestyle ! Located in INDIGO REEF, a luxurious town-house style community located directly on the Gulf of Mexico just minutes from the heart of Marathon, yet quiet & tucked away from it all. Situated on over 10 Acres of private land and gated, Villa 25 boasts tons of natural light as an end/corner unit,

    Monica Barrett Coldwell Banker Schmitt Real Estate Co.

    Section Image
  • Unlisted Address

    $1,350,000

    • 3 Beds
    • 3 Baths
    • 1,493 Sq Ft

    **For Sale: Stunning Marathon Florida Gulffront Waterfront Home** Welcome to your dream coastal escape! This exceptional 3-bedroom, 3-bath townhome offers breathtaking rooftop views of the sparkling Gulf of Mexico, providing the perfect backdrop for a relaxed lifestyle by the sea. Experience luxurious living with two hot tubs -- one thoughtfully located on the ground floor for easy access, and

    Kristi Kleiman Mariano Bernhardt Premiere Plus Realty Company

    Section Image
  • 12690 Overseas Hwy Unit 211, Marathon, FL 33050

    $1,099,000

    • 2 Beds
    • 2.5 Baths
    • 1,352 Sq Ft
    • 12690 Overseas Hwy
    • Unit 211
    • Marathon, FL

    OPEN WATER VIEWS and BREATHTAKING SUNSETS from this Gulfpointe townhome! Enjoy happy hour on the balcony and look for the green flash! Located in a tucked-away community directly of the Gulf of Mexico. Open the impact sliding glass doors on two sides of this corner unit and feel the sea breezes. Move in ready! This spacious two bedroom, two and a half bath condo has new air conditioning, new

    Bonnie Sanderson Florida Keys Real Estate Group

    Section Image
  • 12399 Overseas Hwy Unit 12, Marathon, FL 33050

    $1,250,000

    • 3 Beds
    • 2.5 Baths
    • 1,360 Sq Ft
    • 12399 Overseas Hwy
    • Unit 12
    • Marathon, FL

    Welcome to Coral Lagoon in the Heart of the Florida Keys. This townhome has been tastefully remodeled leaving you to relax in style. The first level features heightened ceilings over an open floor plan living area with updated kitchen, eat-at breakfast bar, dining area, powder room, spacious living area and deep covered porch that is just steps in front of your deeded 40' dock space. Upstairs

    Lynn Lucas Berkshire Hathaway HomeServices Keys Real Estate

    Section Image
See All Homes in Marathon

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 None Listed On Document
Special Warranty Deed $1,295,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $1,350,000 -3.5% $844 / Sq Ft
11/04/2024 11/04/24 For Sale $1,399,000 0.0% $874 / Sq Ft
11/04/2024 11/04/24 Price Changed $1,399,000 +3.6% $874 / Sq Ft
10/18/2024 10/18/24 Off Market $1,350,000 -- --
08/06/2024 08/06/24 For Sale $1,599,000 -- $999 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

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 $7,509 $872,949 $473,100 $399,849
2023 $7,509 $897,437 $513,000 $384,437
2022 $6,669 $699,474 $370,500 $328,974
2021 $6,006 $511,263 $266,760 $244,503
2020 $5,927 $511,798 $264,480 $247,318
2019 $6,172 $536,736 $299,250 $237,486
2018 $5,996 $539,392 $299,250 $240,142
2017 $6,076 $584,228 $0 $0
2016 $5,778 $535,373 $0 $0
2015 $5,275 $468,863 $0 $0
2014 $4,987 $425,675 $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

    237 Total Sales

    Monica Barrett
    Section Image
  • Rick Servais

    Seller Co-Listing Agent in 2025

    Rick Servais

    Coldwell Banker Schmitt Real Estate Co.

    (305) 433-0349

    224 Total Sales

    Rick Servais
    Section Image

  • o

    Buyer's Agent in 2025

    outside of mls

    Outside Of MLS

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 611009

APN: 00104180-001510

Florida Monroe County Marathon 33050

11600 1st Avenue Gulf Unit 65, Marathon, FL

This home is located at 11600 1st Avenue Gulf Unit 65, Marathon, FL 33050 and is currently priced at $1,350,000, approximately $843 per square foot. This property was built in 2006. 11600 1st Avenue Gulf Unit 65 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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.

Nearby Homes