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12400 Overseas Highway #Villa 3, 
Marathon, FL 33050

$745,000

Last List Price

3

Beds


3

Baths


1,493

Sq Ft


Townhouse

Sold

Listed by

Anthony Pallaria

Coldwell Banker Schmitt Islamorada

MLS#

619157

Source:

FL FKBOR

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About This Home

12400 Overseas Highway #Villa 3

7-day rentals allowed in a high-demand Marathon market, offering strong income potential and flexibility for short-term rental use. Turnkey, fully furnished villa-style residence ready for immediate enjoyment or income from day one. Welcome to a 3 bedroom, 3 bathroom property offering 1,493 sq ft, ideal as a vacation rental, second home, or income-producing property. Located in a desirable bayfront community, this home combines durability, flexibility, and the Florida Keys lifestyle. Features include impact-resistant windows and doors and a solid concrete rooftop terrace, well suited for the Keys environment. The layout is ideal for rental use, featuring two spacious primary suites with en-suite bathrooms for flexible occupancy. A third bedroom provides additional guest space or added income potential. Offered fully furnished, this is a true turnkey opportunity with everything in place for immediate use. 7-day rentals are allowed, a key advantage in the Florida Keys where year-round demand remains strong and inventory with this level of flexibility is limited, positioning the property well for short-term rental performance. This property is a newer addition to the short-term rental market, giving a new owner the opportunity to establish rental history and maximize income potential. Additional value includes a pre-built elevator shaft for future installation. Enjoy access to a community pool and waterfront common area, along with a private rooftop terrace perfect for relaxing, entertaining, and taking in the Florida Keys atmosphere. Low insurance costs and manageable association dues help keep ownership expenses predictable, with services including water, sewer, trash, landscaping, and pool maintenance. Whether used as a personal getaway, income-producing property, or both, this offers flexibility and long-term value in the Florida Keys.

Home Facts

Townhouse

3 Baths

3 Bedrooms

Built in 2007

Subdivision & Development:

Bougainvillea Villas Condominium (53.5)

Price Summary

745,000

$498 per Sq. Ft.

MLS #:

619157


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3


Structure

Structure

Building Area:

1,493 Sq. Ft.

Year Built:

2007


Finances & Disclosures

Finances

Price:

$745,000

Price per Sq. Ft:

$498 per Sq. Ft.

Source:FL FKBOR
The information being provided by Florida Keys Board Of REALTORS®, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Florida Keys Board Of REALTORS®, Inc. All rights reserved. FL FKBOR Member Broker: Brian Schmitt