229 Pescayo Ave Marathon, FL 33050
Marathon AreaEstimated payment $14,342/month
Highlights
- New Construction
- 0.38 Acre Lot
- Furnished
- Coral Shores High School Rated A
- Home fronts a canal
- Quartz Countertops
About This Home
Looking for the best of both worlds? Enjoy your vacation home and let it pay for its self when your not. Since January 2024, 229 Pescayo has hosted 113 stays across 860 guest nights and generated $512,831 in accommodation revenue.
An incredible 88% occupancy rate
4.96 / 5.0 guest rating
Fully furnished, income-generating from day one -- zero ramp-up period
This isn't a fixer-upper with 'potential.' It's a proven, cash-flowing short-term rental with the reviews, occupancy, and forward bookings to prove it -- built in 2023 and already established as one of the area's busiest vacation rentals.
Why It Performs:
Every finish was chosen to drive nightly rate and occupancy, not just curb appeal. Boaters and premium-amenity guests are the target market, and the property is built to convert them into repeat bookings:
72' of deep-water dockage, water & electric at dock, outdoor lighting
Less than 10 minutes to open water & Vaca Cut for Gulf access
Heated pool with paver decking
Covered entertaining area + large covered upper terrace for shaded, salt-air living
240V EV charger
800 sq ft storage enclosure
Aluminum gated vehicle access + security cameras
The Property:
Double doors open into an open-concept kitchen and living space -- quartz countertops, tile backsplash, built-in wine cooler, and tile flooring throughout. Four master suites, each with a private bath, plus an additional half bath for guests. Sold fully furnished -- dishes, linens, smart TVs, all of it.
Bottom Line:
No lease-up, no renovation, no guesswork on rates. Bring your boat -- the income is already running.
Listing Agent
Coldwell Banker Schmitt Real Estate Co. License #3220812 Listed on: 05/13/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,262
Year Built
- Built in 2023 | New Construction
Lot Details
- 10,907 Sq Ft Lot
- Home fronts a canal
- Property is zoned RH - Residential High
Home Design
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,040 Sq Ft Home
- Furnished
- Ceiling Fan
- Storage
- Canal Views
Kitchen
- Oven
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
Laundry
- Dryer
- Washer
Home Security
- Impact Glass
- Fire and Smoke Detector
Parking
- Carport
- Electric Vehicle Home Charger
- Guest Parking
- Open Parking
Outdoor Features
- Dock made with Composite Material
- Exterior Lighting
- Outdoor Storage
Utilities
- Central Air
- Separate Meters
Community Details
- Coco Plum Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 00363451000500
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,262 | $1,788,214 | $928,963 | $859,251 |
| 2024 | $4,465 | $1,529,745 | $806,587 | $723,158 |
| 2023 | $4,465 | $375,487 | $375,487 | $0 |
| 2022 | $3,834 | $350,456 | $350,456 | $0 |
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 |
|---|---|---|---|---|
| 08/01/2026 08/01/26 | Price Changed | $2,399,000 | -2.1% | $1,176 / Sq Ft |
| 06/23/2026 06/23/26 | Price Changed | $2,450,000 | -2.0% | $1,201 / Sq Ft |
| 05/13/2026 05/13/26 | For Sale | $2,500,000 | -- | $1,225 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Cunningham Miller Rhyne Pa | |
| Warranty Deed | $75,000 | Cunningham Miller Rhyne Pa | |
| Warranty Deed | $335,500 | Cunningham Miller Rhyne Pa |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | Construction |
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 619881
APN: 00363451-000500
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Ask me questions while you tour the home.