Listing Board: Key West Association

Current Price: $1,150,000

Listing Date: 2026-03-26

List Price: $1,150,000

Unit #: 30

City: MARATHON

Mile Marker: 52.5

Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)

Side: Bay/Gulf

Flood Zone: AE

Alternate Key #: 9087329

Parcel #: 00104180-001300

Zoning: RH - Residential High

Deed Restrictions: Yes

Legal: UNIT 30 RESIDENTIAL AND BOAT DOCK SPACE C19 INDIGO REEF MARINA HOMES

Taxes: 8019

Tax Year: 2025

Pub Sewer HkUp: Yes

Street #: 11600

Street Name: 1St Avenue Gulf

Key/Island: Marathon

State/Province: FL

Zip Code: 33050

County: Monroe

Subdivision: Indigo Reef Marina Homes (52.5)

Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside

Realtor.COM Type: Residential - Condo/Townhouse

Waterfront: Yes

Control Depth: 4

Lot Size: X

Lot SqFt: 1098

Unit/Complex: Unit

Pool: Yes

Lot Sqft Source: Property Data Card

Total Units: 0

Acres: 0.03

SqFt Source: Property Data Card

Rentals Allowed: Yes

Min Rental Days: 7

Style: Townhouse

Year Built: 2006

Living Apx SqFt: 1600

Total Bedrooms: 3

Full Baths: 2

Half Baths: 1

Total Baths: 3

Remarks – Consumer: TURNKEY Indigo Reef Villa! This 3-bedroom, 2.5-bathroom townhome is a boaters dream and income-earning gem. The highly desired, gated community offers resort-like amenities for homeowners and guests. Located near the heart of Marathon and peacefully tucked away on 10+ acres along the water's edge, the convenient location, boating access, and weekly transient license attracts vacation goers for strong rental returns. The community features a heated pool with comfortable lounge chairs, ice machine, kayak storage, gym, plus owner storage in the temperature-controlled HOA building -- perfect for bikes and fishing gear. Villa 30 stands out among the rest, offering breathtaking sunset views and close proximity to the gym, storage, overflow parking, plus the deeded boat slip is just steps from the back door. Inside, you'll find a spacious open-concept kitchen, dining, and living room. Throw open the French doors to expand your entertaining space further and unwind in the shade of the covered porch, overlooking manicured grounds and open water. Upstairs, you'll find a well-thought design with 3 bedrooms, 2 bathrooms, and laundry. Each bedroom features balcony access with the 2nd and 3rd bedrooms opening to the front balcony. The primary suite opens to a private, covered, upper deck overlooking the Gulf. This home comes with an assigned covered parking space steps from the front entrance. Off the back porch, you'll find some of the best boating and fishing in the world. The deep-water channel is easy to maneuver and allows quick access to the Gulf and Atlantic via Vaca Cut. Fully furnished and currently a successful vacation rental, a new owner can start earning income immediately with future bookings already scheduled. This home is a must-see! Call today to schedule your showing

Mandatory Home Owners Asc: Yes

1st Right of Refusal: Yes

Association Fee $: 1250

Transient Rntl Licns: Yes

Common Area Mnt: 1

Dock Length: 31

Assigned Dock: 1

Boat Slip: 1

None: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Freezer: 1

Ice Machine: 1

Microwave: 1

Oven: 1

Range: 1

Refrigerator: 1

Stainless Steel Appliance(s): 1

Washer: 1

Ceiling Fans(s): 1

Central Air: 1

Central: 1

Bay Front: 1

Canal Front: 1

Gulf Front: 1

Bay/Gulf View: 1

Canal View: 1

Open Water View: 1

Tile: 1

Community Pool: 1

Manager on Premises: 1

Other Area Features: 1

Built-in Cabinets: 1

Drapes/Blinds Incl: 1

Granite Counter Top: 1

Smoke Alarms: 1

Storage: 1

Updated/Remodeled: 1

Above Flood: Unknown

Townhouse: 1

French Doors: 1

Carport: 1

Covered Parking: 1

Guest Parking: 1

Assigned Parking: 1

Off Street Parking: 1

Electric Gate: 1

Frame: 1

Hardi Board Siding: 1

Less Than 1/4 Acre: 1

Furnished: 1

Buyer to Verify: 1

Elect Separate Meter: 1

FKAA: 1

Sewer Available: 1

Water Separate Meter: 1

Deck: 1

Open Porch/Balcony: 1

Patio: 1

In Ground: 1

Concrete: 1

Cable: 1

Metal Roof: 1

Status: Active