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Sold for $2,500,000
  • $2,500,000

    11890 1st Ave #3, Marathon, FL 33050

    5beds
    2,607sqft
    Single Family Residence
    Built in 2020
    4,226 Square Feet Lot
    $-- Zestimate®
    $959/sqft
    $6,132 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $6,132/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nate Bartlett,

    Berkshire Hathaway HomeServices Keys Real Estate

    Bought with:

    Jo Ann Cook, 3330898

    Ocean Sotheby's International

    Source: FLKMLS,MLS#: 613765MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Ice Maker, Stainless Steel Appliance(s)
    Features
    • Storage, Walk-in Closet(s), Bar, Quartz Countertops
    • Flooring: Tile, Vinyl, Laminate
    Interior area
    • Total structure area: 2,607
    • Total interior livable area: 2,607 sqft

    Property

    Parking
    • Parking features: Storage
    Features
    • Patio & porch: Open Porch/Balcony, Patio
    • Exterior features: Lighting, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Fiberglass
    • Fencing: Fenced,Privacy
    • On waterfront: Yes
    Lot
    • Size: 4,226 Square Feet
    Details
    • Additional structures: Gazebo
    • Parcel number: 00100740000103
    • Zoning: RH - Residential High

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2020

    Utilities & green energy

    • Electric: Cat 5
    • Water: Cistern
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Other, Bike Paths
    • Security: Security Gate
    • Subdivision: Fat Deer Key (53.0)
    HOA
    • Has HOA: Yes
    • Services included: Common Area Mnt
    • HOA fee: $707 monthly
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $959/sqft
    • Tax assessed value: $2,183,162
    • Annual tax amount: $15,197
    • Date on market: 2/18/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/30/2026Sold$2,500,000-2.9%$959/sqft
    Source: FLKMLS #613765 Report a problem
    7/20/2026Contingent$2,575,000$988/sqft
    Source: FLKMLS #613765 Report a problem
    7/9/2026Pending sale$2,575,000$988/sqft
    Source: FLKMLS #613765 Report a problem
    6/17/2026Contingent$2,575,000$988/sqft
    Source: FLKMLS #613765 Report a problem
    3/11/2026Price change$2,575,000-3.7%$988/sqft
    Source: FLKMLS #613765 Report a problem
    2/7/2026Price change$2,675,000-1.8%$1,026/sqft
    Source: MLKAR #613765 Report a problem
    10/6/2025Price change$2,725,000-0.9%$1,045/sqft
    Source: FLKMLS #613765 Report a problem
    2/18/2025Listed for sale$2,750,000+120%$1,055/sqft
    Source: MLKAR #613765 Report a problem
    10/25/2021Sold$1,250,000$479/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,386 +1.2%$1,501,247 +10%
    2024$15,198 +3.7%$1,364,770 +10%
    2023$14,654 +31.3%$1,240,700 +10%
    2022$11,158 +22.3%$1,127,909 +39.3%
    2021$9,122 +480.9%$809,819 +402.2%
    2020$1,570 $161,264
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating