7-day rentals allowed in a high-demand Marathon market, offering

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Home For Sale

12400 Overseas Highway UNIT VILLA # 3

Marathon, Florida 33050

Monroe County

Waterfront: Yes

Community: Bougainvillea Villas Condominium (535)

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$745,000 3 br, 3.0 bath 1493 sq. ft. 0.000 acres

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.

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 1493
  • Year Built: 2007
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: 
  • Garage: Carport, Guest
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Concrete
  • Property Taxes: $6,219
  • Yearly HOA Fee: $7,221
  • MLS #: 619157
  • Unit Number: UNIT VILLA # 3
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Contact Information:
Beach Home For Sale in Marathon, Florida
Listing Agent: Anthony Pallaria, Coldwell Banker Schmitt Islamorada, 305-923-3088, 305-664-4470 Listing Site, Listing Status: Active
Copyright © 2026 Florida Keys Board 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.
Ad Number: 7456157
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Updated: Mar 22, 2026

This property is a Home located at 12400 Overseas Highway UNIT VILLA # 3, Marathon, Florida 33050, and is currently For Sale at $745,000. This Home has 3 bedrooms, 3.0 baths, 1493 sq ft.