Brand-New Waterfront Vacation Rental with $160K in Booked 2025 Revenue! Fully Furnished & Turn-Key.Slack Tide Cove is a stunning, income-producing waterfront home in Marathon, Florida. Completed in 2024, this CBS concrete new construction features high-quality finishes, custom steelwork, and organic modern coastal design. The property is fully furnished and turn-key, actively operating as a vacation rental with $160,000 in gross rental income already on the books for 2025. The 3-bedroom, 2.5-bath layout offers open, sunlit living spaces and seamless indoor-outdoor flow. Enjoy unobstructed water views with no neighbors across the canal, a brand-new 50 ft. concrete dock, and new seawall with underwater dock lights, and completed with a heated or chilled pool. Ocean lovers will appreciate the direct access to the Atlantic and easy boating to the Gulf via the iconic 7 Mile Bridge.Custom fence material is included. Buyer to complete installation and grade beam at their cost. Shipping cost to be negotiated between parties. No permit has been opened for this project so there is no delay in closing! Whether you're looking for a luxury Keys escape, a high-performing investment property, or both, Slack Tide Cove is your perfect piece of paradise.
Sold for $1,699,000
$1,699,000
949 24th St, Marathon, FL 33050
3beds
1,368sqft
Single Family Residence
Built in 2024
3,850 Square Feet Lot
$1,380,800 Zestimate®
$1,242/sqft
$4,619 Estimated rent
Home value
$1,380,800
$1.26M - $1.52M
$4,619/mo
Zestimate® history
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$10,183/mo
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List your homeWhat's special
Organic modern coastal designHigh-quality finishesCustom steelworkUnobstructed water viewsHeated or chilled poolOpen sunlit living spacesSeamless indoor-outdoor flow
Zillow last checked:
Listing updated:
Listed by:
Milly A Perez 305-363-8869,
KeysCations Realty
Bought with:
outside of mls
Outside Of MLS
Source: FLKMLS,MLS#: 615489
Originating MLS: Marathon/Lower Keys
Originating MLS: Marathon/Lower KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Pantry
- Flooring: Tile
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 1,368 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Lighting
- Has private pool: Yes
- Pool features: Heated, In Ground, Concrete
- Fencing: Fenced
- Has view: Yes
- View description: Ocean, Harbor/Marina View, Canal
- Has water view: Yes
- Water view: Ocean,Harbor/Marina View,Canal
- Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 50
Lot
- Size: 3,850 sqft
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00102220000000
- Zoning: RM
- Zoning description: Residential Medium
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
- Roof: Metal
Condition
- New Construction
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Marathon
- Subdivision: Vaca Village (49.5)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,FHA,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2025 | Sold | $1,699,000$1,242/sqft |
Source:  FLKMLS #615489 Report a problem | ||
| 7/7/2025 | Pending sale | $1,699,000$1,242/sqft |
Source: FLKMLS #615489 Report a problem | ||
| 6/19/2025 | Contingent | $1,699,000$1,242/sqft |
Source:  Key West AOR #615489 Report a problem | ||
| 6/18/2025 | Listed for sale | $1,699,000+346.6%$1,242/sqft |
Source: Key West AOR #615489 Report a problem | ||
| 5/6/2021 | Sold | $380,400+38.8%$278/sqft |
Source: Public Record Report a problem | ||
| 12/12/2016 | Sold | $274,000+82.8%$200/sqft |
Source: Public Record Report a problem | ||
| 5/14/2002 | Sold | $149,900+36.3%$110/sqft |
Source: Public Record Report a problem | ||
| 2/12/2001 | Sold | $110,000$80/sqft |
Source:  MLKAR #502695 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,002 +93.8% | $983,354 +121.2% |
| 2024 | $4,645 | $444,559 |
Find assessor info on the county website
Neighborhood: 33050
Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 1.5 mi
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Estimated market value
$1,380,800
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
$1,380,800
- Florida
- Monroe County
- Marathon
- 33050
- 949 24th St
Nearby cities
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