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Sold for $1,050,000
  • $1,050,000

    11600 1st Ave Unit 25, Marathon, FL 33050

    3beds
    1,690sqft
    Townhouse
    Built in 2006
    1,306 Square Feet Lot
    $1,123,800 Zestimate®
    $621/sqft
    $3,707 Estimated rent

    Home value

    $1,123,800

    $1.05M - $1.21M

    $3,707/mo

    Zestimate® history
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    What's special

    VERY RARE CORNER UNIT, Freshly painted inside and out & READY TO ENJOY the Ultimate Keys Lifestyle ! Located in INDIGO REEF, a luxurious town-house style community located directly on the Gulf of Mexico just minutes from the heart of Marathon, yet quiet & tucked away from it all. Situated on over 10 Acres of private land and gated, Villa 25 boasts tons of natural light as an end/corner unit, Incredible OPEN WATER views, vaulted ceilings, quick and easy ocean access through the Vaca cut and an OPEN concept floor plan along with a BONUS room with added square footage on the main level. This OVERSIZED 3 bed/2.5 bath, 1690 Sqft. townhome comes with a deeded 35 ft boat slip located just steps away from the unit. Indigo Reef community offers a spacious HEATED resort style pool with plenty of cushioned lounge chairs, Ice machine, Kayak storage, professional GYM room and ample owner's storage located in the temperature controlled HOA building with room for bikes and fishing gear. This home also comes with its own covered parking spot just steps from the front HOA building where more parking can be found along with additional storage on top. This unit comes fully furnished and is a successful weekly vacation rental. Enjoy nightly sunsets while sipping a Key lime margarita from your GULF VIEW unit! You will LOVE sitting under your covered porch while you gaze over the gorgeous BLUE tones of the Gulf & relax after a successful day out on the water. This villa was recently modernized and freshly painted inside and out. Other features include, tile flooring throughout, Large bonus room that could be converted into a 4th bedroom if desired, GRANITE counter tops & STAINLESS steel appliances. SOLD FURNISHED & TURN KEY, ready for you to rent, relax & enjoy the Keys life style all year long. Call today to make this oversized & rare corner/end unit your island dream home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica Jane Barrett 305-433-0349,

    Coldwell Banker Schmitt Real Estate Co.,

    Rick Bryan Servais 305-731-5010,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    Coldwell Banker Schmitt Lower Keys (KW)

    Source: FLKMLS,MLS#: 612585MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Heat Pump, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
    Features
    • Granite Counters, Storage, Gym
    • Flooring: Tile, Carpet
    • Furnished: Yes
    Interior area
    • Total structure area: 1,690
    • Total interior livable area: 1,690 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Lanai
    • Exterior features: Rain Gutters, Lighting, Outdoor Shower, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 1,306 Square Feet
    Details
    • Additional parcels included: 00104180-002290
    • Parcel number: 00104180001250
    • Zoning: RH - Residential High
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Townhouse
    • Property subtype: Townhouse
    Materials
    • Frame, Hardi Board Siding
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

    Community & HOA

    Community
    • Features: Community Boat Ramp, Beach, Other, Bike Paths
    • Security: Security Gate
    • Subdivision: Indigo Reef Marina Homes (52.5)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Common Area Mnt, Other
    • HOA fee: $1,100 monthly
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $621/sqft
    • Tax assessed value: $933,396
    • Annual tax amount: $7,914
    • Date on market: 12/7/2024
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    7/24/2025Sold$1,050,000-8.7%$621/sqft
    Source: FLKMLS #612585 Report a problem
    7/21/2025Pending sale$1,150,000$680/sqft
    Source: FLKMLS #612585 Report a problem
    6/10/2025Contingent$1,150,000$680/sqft
    Source: Key West AOR #612585 Report a problem
    2/5/2025Price change$1,150,000-4.6%$680/sqft
    Source: Key West AOR #612585 Report a problem
    12/7/2024Listed for sale$1,205,000+261.9%$713/sqft
    Source: MLKAR #612585 Report a problem
    6/21/2019Sold$333,000-53.6%$197/sqft
    Source: Public Record Report a problem
    9/14/2018Listing removed$717,000$424/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #580011 Report a problem
    7/22/2018Price change$717,000-0.1%$424/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #580011 Report a problem
    6/2/2018Listed for sale$718,000$425/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #580011 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,233 +1.2%$794,620 +10%
    2024$8,132 +2.8%$722,382 +10%
    2023$7,914 +12.7%$656,711 +10%
    2022$7,019 +11.1%$597,010 +10%
    2021$6,317 +1.3%$542,736 -0.1%
    2020$6,233 $543,211 -4.8%
    2019$6,233 -4.1%$570,390 -0.5%
    2018$6,500 +3%$573,155 -7.8%
    2017$6,313 +1.9%$621,376 +9.2%
    2016$6,193 +5.2%$569,275 +14.4%
    2015$5,889 $497,740
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,123,800
    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
    $1,123,800