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
| Agent | Donna Pezzi |
|---|---|
| Office | Keller Williams Key West Compass Realty |
