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Sold for $1,500,000
  • $1,500,000

    11243 3rd Ave, Marathon, FL 33050

    5beds
    2,416sqft
    Single Family Residence
    Built in 1970
    0.29 Acres Lot
    $1,544,000 Zestimate®
    $621/sqft
    $6,971 Estimated rent

    Home value

    $1,544,000

    $1.37M - $1.74M

    $6,971/mo

    Zestimate® history
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    What's special

    Private poolInviting open-concept interiorShaded cleaning stationNew tiki hutsGame zoneWaterfront retreatPrimary suite
    Tropical Waterfront Escape | 11243 3rd Avenue Gulf, Marathon, FL 33050Welcome to your ultimate Keys getaway -- a spacious and stylish waterfront retreat in the heart of Marathon that's fully equipped for vacation rental success or relaxed tropical living. With 5 bedrooms, 4 full baths, and a flexible layout that comfortably hosts up to 12 guests, this property offers a rare blend of island charm, income potential, and exceptional amenities.Step inside to discover an inviting open-concept interior featuring a chef's kitchen with a gas range, stainless appliances, and generous prep space. The primary suite is a private sanctuary complete with a king bed, sofa bed, and spa-inspired ensuite bath. Additional guest rooms are thoughtfully appointed with a mix of king, queen, and twin accommodations -- ideal for large families or groups.Outdoors, unwind by the 330 sq ft private pool, complete with TWO new tiki huts -- one poolside and another near the fish cleaning station for added shade and entertaining. The brand-new putting green, oversized yard, and game zone (including ping pong, Pac-Man, foosball, basketball, and giant yard games) make this home the perfect playground for all ages.Boaters and anglers will love the 115-ft private dock with water and power -- plenty of room for multiple boats. A bait freezer, ice maker, and shaded cleaning station add convenience for your next big catch. There's even room to park an RV, plus additional space for cars and trailers.This property is being sold fully furnished and vacation rental ready, complete with future bookings and repeat guests, making it an easy turn-key investment. An affordable assumable flood policy sweetens the deal.Don't miss this rare opportunity to own a piece of paradise that truly has it all -- space, income, lifestyle, and location.Schedule your private showing today and get ready to live the dream in the Florida Keys! Interior Photos are coming soon!

    Zillow last checked:

    Listing updated:

    Listed by:

    Samuel Davis Williams 305-289-6559,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    Megan N Jones, LLC, 3492181

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 615209MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Stainless Steel Appliance(s), Disposal, Oven, Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Entrance Foyer, Granite Counters, Walk-In Closet(s)
    • Flooring: Tile, Laminate
    • Doors: Sliding Glass Doors
    • Windows: Impact Rstnce Window
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,416 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Trailer Storage, Covered, RV Parking Covered, Off Street, Open
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Patio
    • Exterior features: Lighting
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 100
    Lot
    • Size: 0.29 Acres
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Chickee Hut
    • Parcel number: 00335840000000
    • Zoning: RM
    • Zoning description: Residential Medium
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other Bldg Style
    • Property subtype: Single Family Residence
    Materials
    • CBS
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Municipal Sewer
    • Water: Water Separate Meter
    • Utilities for property: FKAA

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Community Boat Ramp, Bike Paths, Airport/Runway, Beach
    Location
    • Region: Marathon
    • Subdivision: Key Colony Sub (53.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    10/16/2025Sold$1,500,000-4.5%$621/sqft
    Source: FLKMLS #615209 Report a problem
    9/15/2025Contingent$1,570,000$650/sqft
    Source: Key West AOR #615209 Report a problem
    7/1/2025Price change$1,570,000-8.7%$650/sqft
    Source: Key West AOR #615209 Report a problem
    5/28/2025Listed for sale$1,720,000-1.1%$712/sqft
    Source: FLKMLS #615209 Report a problem
    5/8/2025Listing removed$1,740,000$720/sqft
    Source: MLKAR #612148 Report a problem
    2/25/2025Price change$1,740,000-2.8%$720/sqft
    Source: FLKMLS #612148 Report a problem
    1/9/2025Price change$1,790,000-5.3%$741/sqft
    Source: Key West AOR #612148 Report a problem
    11/7/2024Listed for sale$1,890,000+18.1%$782/sqft
    Source: Key West AOR #612148 Report a problem
    1/17/2023Sold$1,600,000-8.6%$662/sqft
    Source: Public Record Report a problem
    10/17/2022Listed for sale$1,750,000$724/sqft
    Source: MLKAR #601546 Report a problem
    10/17/2022Contingent$1,750,000$724/sqft
    Source: FLKMLS #601546 Report a problem
    10/14/2022Pending sale$1,750,000$724/sqft
    Source: FLKMLS #601546 Report a problem
    9/29/2022Contingent$1,750,000$724/sqft
    Source: FLKMLS #601546 Report a problem
    9/16/2022Price change$1,750,000-5.4%$724/sqft
    Source: Key West AOR #601546 Report a problem
    6/24/2022Listed for sale$1,850,000+85.9%$766/sqft
    Source: FLKMLS #601546 Report a problem
    11/25/2019Listing removed$995,000$412/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #585041 Report a problem
    6/18/2019Price change$995,000-7.4%$412/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #585041 Report a problem
    4/2/2019Listed for sale$1,075,000+182.9%$445/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #585041 Report a problem
    2/16/2018Sold$380,000+1.3%$157/sqft
    Source: MLKAR #577121 Report a problem
    10/19/2017Listed for sale$375,000$155/sqft
    Source: Key Colony Beach Realty #577121 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,977 -17.1%$1,217,234 -13.4%
    2024$13,240 -6.1%$1,405,413 -4.1%
    2023$14,098 +104.2%$1,465,270 +192.6%
    2022$6,903 +25.9%$500,806 +20.5%
    2021$5,484 +6.5%$415,573 +10%
    2020$5,151 $377,794 +10%
    2019$5,151 +33.1%$343,449 +43.8%
    2018$3,871 +63.2%$238,863 +2.1%
    2017$2,372 +2.1%$233,951 +2.1%
    2016$2,322 -0.6%$229,140 +0.7%
    2015$2,336 $227,547

    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,544,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,544,000