12399 Overseas Highway 5, Marathon, FL

$1,260,000

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3

Beds

3

Baths

1,360

Square feet

0.02

Acres

About 12399 Overseas Highway 5

CORAL LAGOON - 40' Boat Slip + 3 bedroom townhouse that allow for rentals of 2 nights or more in the heart of Marathon! Imagine waking up in the Florida Keys with your boat just steps away and the open water calling. At Coral Lagoon Resort in Marathon, this 3-bedroom, 2-bath townhouse offers the perfect combination of island lifestyle and smart investment potential. The property includes a 40' BOAT SLIP at the marina, giving you quick access to both the Atlantic Ocean and Gulf waters for fishing, diving, and cruising some of the most beautiful waters in the world. Whether it's an early morning run to the reef or sunset at the sandbar, boating is simply part of daily life here. Coral Lagoon is known for its quaint Key West-style architecture, tropical landscaping, and resort-style pool, all within a professionally maintained, low-maintenance community that allows you to enjoy the Keys without the stress of constant upkeep. Even better, short-term rentals are permitted, making this an attractive opportunity for buyers looking to generate income while still enjoying their own private getaway in paradise. Located in the heart of Marathon, you're minutes from waterfront dining, fishing charters, beaches, and everything that makes the Florida Keys lifestyle so special. Whether you're looking for a vacation home, boating retreat, or income-producing property, Coral Lagoon offers a rare opportunity to own a piece of the Keys with both lifestyle and investment appeal. Make time to schedule your appointment for this winning combo as these are limited.

Features of 12399 Overseas Highway 5

MLS® # 619032
Price $1,260,000
Bedrooms 3
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 1,360
Acres 0.02
Year Built 2007
Type Residential
Sub-Type Townhouse
Style Townhouse
Status Active

Community Information

Address 12399 Overseas Highway 5
Area 18 - East of Holiday Inn US #1 & Coco Plum
Subdivision Coral Lagoon Resort (53.0)
City Marathon
County Monroe
State FL
Zip Code 33050

Amenities

Amenities Community Boat Ramp
Utilities FKAA, Municipal Sewer, Cable Available
Parking Open Parking, Guest Parking
View Canal View
Is Waterfront Yes
Waterfront Canal Front
Has Pool Yes
Pool In Ground

Interior

Interior Features Granite Counter Top, Smoke Alarms, Window Treatments
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave
Heating Central
Cooling Central Air, Ceiling Fans(s)
Fireplace No
Has Basement No

Exterior

Lot Description Less Than 1/4 Acre
Roof Metal Roof
Construction Frame

Additional Information

Date Listed March 12th, 2026
Days on Market 48
Zoning R-MH - Residential - MH
Short Sale No
RE / Bank Owned No
HOA Fees 1094.98
HOA Fees Freq. Monthly

Listing Details

AgentDonna Pezzi
OfficeKeller Williams Key West Compass Realty

Listing Map

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