$11,000,000
NEW CONSTRUCTION

2394 Coco Plum Dr Marathon, FL 33050

Estimated payment $63,457/month

Total Views 5,862
18 Beds
21 Baths
12,198 Sq Ft
$902 Price per Sq Ft

Highlights

  • Ocean View
  • Beach
  • Concrete Pool
  • Coral Shores High School Rated A
  • New Construction
  • 1-minute walk to Curry Hammock State Park

About This Home

Welcome to an unparalleled collection of THREE designer residences on one of the most exclusive waterfront parcels in the Florida Keys. Located just steps from Coco Plum Beach and the Atlantic Ocean, this rare investment opportunity is the ultimate blend of luxury, lifestyle, and income potential.Professional Designed and built by D'Asign Source in 2019, each residence is a testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship.Each of the three homes spans off 4,066 square feet and features 6 spacious bedrooms and 6.5 bathrooms with custom millwork and designer fixtures. The interiors are professionally furnished with a curated blend of comfort and elegance, complemented by expansive ceiling heights, open-concept living areas and balconies throughout. Designed with privacy in mind, each home includes its own private pool, tiki hut, and a dock offering deepwater and direct ocean access.Impact windows and doors provide storm security and peace of mind, while each home offers three (3) air conditioning units to ensures optimal climate control on each level. Boating an abundance of storage on each level, an oversized laundry room, walk in pantry and en- suite accompanying each room. Whether you envision a serene family compound, a luxury short-term rental business, or an exclusive corporate retreat, this property offers incredible versatility and value.Zoned for weekly rentals, the income potential is substantial, making this one of the most attractive investment opportunities in the Florida Keys. With seller financing available up to 50% of the purchase price, acquiring this rare trophy property is as strategic as it is luxurious.ALSO AVAILABLE TO PURCHASE INDIVIDUALLY (See MLS #615435, 615436, 615437)

Listing Agent

Kelsey Caputo

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3422202 Listed on: 05/21/2025

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,825

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 1.31 Acre Lot
  • Home fronts a canal
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 12,198 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Blinds
  • Entrance Foyer
  • Loft
  • Storage
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Dock made with Composite Material
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Separate Meters

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Coco Plum Subdivision

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,825

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 7
  • Dockage Dock: Composite
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Coco Plum
  • Mile Marker: 54.60
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 47825.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2019
  • Alternate Key Number: 8902808
  • Cooling Heating: Central Air
  • Lot Sq Ft: 57135.00
  • Pool Info: In Ground, Concrete
  • License Info Number Of City License: 3
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 12198.00
  • Property Condition: New Construction, Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Walk-in Closet(s), Storage, Entrance Foyer, Pantry, Wet Bar
  • Total Bathrooms: 21.00
  • Full Bathrooms: 18
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Combo, Carpet
  • Half Bathrooms: 3
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 18
  • Sq Ft Remarks: Each home is 4,066 sq ft living

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Sewer Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE 8
  • Lot Size: .6 Acre
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 3.00

Map

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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 $47,976 $5,544,366 $2,029,788 $3,514,578
2023 $47,976 $5,515,583 $2,099,778 $3,415,805
2022 $43,687 $4,841,491 $1,384,330 $3,457,161
2021 $40,230 $3,886,861 $820,371 $3,066,490
2020 $37,401 $3,886,724 $781,919 $3,104,805
2019 $6,473 $717,833 $717,833 $0
2018 $4,095 $461,488 $461,488 $0
2017 $3,005 $252,441 $0 $0
2016 $3,087 $252,787 $0 $0
2015 $2,010 $199,972 $0 $0
2014 $1,751 $135,839 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $11,000,000 -- $902 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $470,000 Attorney
Certificate Of Transfer $100 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 615103

Florida Keys Board of REALTORS®

APN: 00366031-000100