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About This Home

This 3-bedroom, 3-bathroom townhouse at 11600 1St Avenue Gulf in Marathon, FL is listed for $1,150,000 ($719 per sqft). Built in 2006, the home offers 1,600 sqft of living space on a 0.03 acres lot.

Agent Description

TURNKEY Indigo Reef Villa! This 3-bedroom, 2.5-bathroom townhome is a boaters dream and income-earning gem. The highly desired, gated community offers resort-like amenities for homeowners and guests. Located near the heart of Marathon and peacefully tucked away on 10+ acres along the water's edge, the convenient location, boating access, and weekly transient license attracts vacation goers for strong rental returns.

The community features a heated pool with comfortable lounge chairs, ice machine, kayak storage, gym, plus owner storage in the temperature-controlled HOA building -- perfect for bikes and fishing gear. Villa 30 stands out among the rest, offering breathtaking sunset views and close proximity to the gym, storage, overflow parking, plus the deeded boat slip is just steps from the back door.

Inside, you'll find a spacious open-concept kitchen, dining, and living room. Throw open the French doors to expand your entertaining space further and unwind in the shade of the covered porch, overlooking manicured grounds and open water. Upstairs, you'll find a well-thought design with 3 bedrooms, 2 bathrooms, and laundry.

Each bedroom features balcony access with the 2nd and 3rd bedrooms opening to the front balcony. The primary suite opens to a private, covered, upper deck overlooking the Gulf. This home comes with an assigned covered parking space steps from the front entrance.

Off the back porch, you'll find some of the best boating and fishing in the world. The deep-water channel is easy to maneuver and allows quick access to the Gulf and Atlantic via Vaca Cut. Fully furnished and currently a successful vacation rental, a new owner can start earning income immediately with future bookings already scheduled. This home is a must-see! Call today to schedule your showing

Key Features

  • Built in 2006
  • 0.03 acre lot
  • Private pool
  • Waterfront

Property Details

2 full, 1 half
#30
2006

Amenities

PoolWaterfrontViewA/C

Monthly Cost Estimate

$7,400/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335
HOA$1,250

Estimates only. Actual payments may vary.

Location

11600 1St Avenue Gulf

Marathon, FL 33050

Indigo Reef Marina Homes (52.5)

Features & Amenities

Interior Features

Built-in CabinetsGranite Counter TopStorage

Property Details

Flooring

Tile

Construction

Frame Hardi Board Siding

Views

Water

Pool Features

DeckPatioPorch

Parking

GuestCoveredCarportAssignedOff Street

Heating

Central

Cooling

Central Air

Appliances

WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveDisposalFreezerIce MachineStainless Steel Appliance(s)

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 11600 1St Avenue Gulf is listed at $1,150,000 ($719/sqft). The estimated monthly payment is $6,233 based on 20% down at 6.5% interest.

HOA fees are $1250/month.

Key features include: Built in 2006, 0.03 acre lot, Private pool, Waterfront. Interior Features: Built-in Cabinets, Granite Counter Top, Storage.

This property is listed by Sarah Eckert and can be reached at 7725016576 or sarah.eckert@cbschmitt.com.

SE

Sarah Eckert

Agent at Coldwell Banker Schmitt Real Estate Co. (KW)

(772) 501-6576

Listed by Coldwell Banker Schmitt Real Estate Co. (KW) · View on Broker Site

MLS# 619224· Source: listhub· Updated 67 days ago

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

11600 1St Avenue Gulf, Marathon, FL 33050

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