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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$2,500,000
11890 1st Ave Gulf 3
Marathon, FL 33050
MLS# 613765
Status: Closed
5 beds  |  4 baths  |  2607 sqft


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Property Description
Welcome to The Tides at Vaca Cut #3, a stunning 5-bedroom, 4-bathroom luxury retreat in one of the Florida Keys' most sought-after waterfront communities. Spanning 2,607 square feet, this newer construction (2020) home was expertly built and tastefully designed by D'Asign Source, a premier name in Florida Keys luxury living. Furnished with coastal elegance in mind, this home offers a seamless blend of style and comfort. The bright, open-concept living area flows effortlessly to a private pool and outdoor entertainment space, where breathtaking views of the Vaca Cut create the perfect backdrop for relaxation. Built for durability and efficiency, this home features concrete block construction, impact windows and doors, a metal roof, and double-stacked washers and dryers—ideal for quick turnovers in a high-demand rental market. For boating enthusiasts, 36 feet of dockage provides direct access to both the Atlantic Ocean and the Gulf of America. And if you love to take in the scenery, the boat-watching here is second to none! With a strong rental history of revenues exceeding $200,000 per year and exceptional income potential, this turnkey property is an ideal investment or the ultimate vacation escape. Luxury, waterfront living, and unbeatable design—all in a prime Florida Keys location!

Details
Maps
Contract Information
Current Price: $2,500,000
Listing Date: 2025-02-18
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $2,500,000
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 11890
Street Name: 1st Ave Gulf
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Fat Deer Key (53.0)
Area: 18 - East of Holiday Inn US #1 & Coco Plum
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 2020
Lot SqFt: 4226
Living Apx SqFt: 2607
SqFt Source: Builder/Architect
Total Bedrooms: 5
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 7
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 707
Dockage
Dock Length: 36
Dock: Wood
Building Style
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
# Stories: 3 Stories
Pool Info
Other Surroundings: Pavers
Status Change Info
Under Contract Date: 2026-06-13
Leased Date: 2026-07-30
Leased Price Monthly: $2,500,000
Status: Closed
Property Features
Fee Includes: Common Area Mnt
Tax Exemptions: None
Waterfront: Open Water
Waterview: Bay/Gulf View; Ocean View; Open Water View
Property Condition: New Construction
Vehicle Storage: Carport; Covered Parking; Guest Parking; Trailer Storage
Furnished: Negotiable
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Cable Available; Cistern; FKAA; Municipal Sewer
Interior Features: Bar; Drapes/Blinds Incl; Entrance Foyer; Pantry; Quartz Countertops; Smoke Alarms; Storage; Walk-in Closet(s); Window Treatments
Pre-Wired: Cable; Cat 5
Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing; Gazebo; Lighting; Privacy Wall/Fence; Storage
Pool Info: In Ground; Fiberglass
Construction: CBS
Floor: Laminate; Tile; Vinyl
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Bike Paths; Other Area Features
Security: Electric Gate
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Title Ins - Buyer
GF-Utilities: Cistern

Listing Office: Berkshire Hathaway HomeServices Keys Real Estate

Last Updated: July - 31 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)