About This Home

This 3-bedroom, 3-bathroom townhouse at 12399 Overseas Highway # 10 in Marathon, FL is listed for $1,095,000 ($805 per sqft). Built in 2007, the home offers 1,360 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 2007
  • 0.02 acre lot
  • Private pool
  • Waterfront

Property Details

2 full, 1 half
# 10
2007

Amenities

PoolWaterfrontView
Listing Description

An exceptional opportunity to own a proven income-producing waterfront property in the heart of the Florida Keys! Located in the desirable Coral Lagoon Resort in Marathon, this 3-bedroom, 2.5-bath end-unit townhome offers the perfect combination of investment potential and personal enjoyment.

Nightly rentals are permitted, and the property features a well-established vacation rental business with a documented history of gross rental income. Financial records available upon request. Enjoy the advantage of purchasing an established income-producing property while reserving time for your own Florida Keys getaway!

Offering 1,360 square feet of living space, this two-story townhome features an open-concept living and dining area, kitchen with granite countertops, and covered outdoor living spaces overlooking the water. Upstairs, the spacious primary suite opens to a generous private balcony.

Boaters will appreciate the included 40-foot deeded boat slip #13 located directly outside the back door! Enjoy quick access to the Atlantic Ocean, Gulf, reefs, sandbars, and world-class fishing. Coral Lagoon features lush tropical landscaping, a heated resort-style pool, and convenient access to the adjacent Boat House Marina with fuel, boat ramp, and boating services.

Recent improvements include a new HVAC system and washer/dryer in spring 2026, professionally cleaned dryer vents in summer 2026, and replacement oven and dishwasher within the past three years. Metal roof! Conveniently located near Marathon's restaurants, shopping, and attractions. Whether you're seeking an established vacation rental investment, personal waterfront retreat, or both, this property offers the Florida Keys lifestyle with a proven rental history!

Monthly Cost Estimate

$6,737/mo

20% down · 6.5% · 30 years

Principal$792
Interest$4,745
Insurance$319
HOA$881

Estimates only. Actual payments may vary.

Location

12399 Overseas Highway # 10

Marathon, FL 33050

Coral Lagoon Resort (53.0)

Property Details

Construction

Frame

Views

Harbor

Pool Features

Pool

Appliances

WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveDisposalStainless Steel Appliance(s)

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 12399 Overseas Highway is listed at $1,095,000 ($805/sqft). The estimated monthly payment is $6,737 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $881/month.

Key features include: Built in 2007, 0.02 acre lot, Private pool, Waterfront.

This property is listed by Brian Kruszewski.

BK

Brian Kruszewski

Agent at LoKation Real Estate

Listed by LoKation Real Estate · Broker phone: (954) 545-5583 · View on Broker Site · Broker website

MLS# 621845· Source: Key West Association of Realtors· Added to PropertySimple today

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.

12399 Overseas Highway # 10, Marathon, FL 33050

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