229 Pescayo Avenue, Marathon, FL 33050
$2,399,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
2,040
Lot Size (sq. ft.):
10,907
Status:
Active
Current Price:
$2,399,000
List Date:
5/13/2026
Last Modified:
8/17/2026
Listing Details MLS# 619881
Location, Tax & Legal
- Street #
- 229
- Street Name
- Pescayo
- Street Suffix
- Avenue
- Key/Island
- Marathon
- State/Province
- FL
- Zip Code
- 33050
- County
- Monroe
- Subdivision
- Coco Plum Beach (54.5)
- Area
- 18 - East of Holiday Inn US #1 & Coco Plum
- City
- MARATHON
- Mile Marker
- 54
- Marathon Neighborhood
- Coco Plum
- Side
- Ocean
- Alternate Key #
- 9104808
- Parcel #
- 00363451000500
- Zoning
- RH - Residential High
- Deed Restrictions
- Unknown
- Legal
- Lot 5 Coco Plum Estates Pb7-95 Or3148-2388 Or3177-570
- Taxes
- 13262.44
- Tax Year
- 2025
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Marathon/Lower Keys
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Single Family
- Waterfront
- Yes
- Control Depth
- 6
- Pool
- Yes
- Year Built
- 2023
- Lot SqFt
- 10907
- Lot Sqft Source
- Property Data Card
- Acres
- 0.38
- Living Apx SqFt
- 2040
- SqFt Source
- Property Data Card
- Total Bedrooms
- 4
- Full Baths
- 4
- Half Baths
- Yes
- Total Baths
- 5
- Rentals Allowed
- Yes
- Min Rental Days
- 7
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
License Info
- # of City License
- Yes
More Information
Dockage
- Dock Length
- 72
- Dock
- Composite
Building Style
- Above Flood
- Yes
- Stories
- 1 Story
Pool Info
- Heated
- Yes
- In Ground
- Yes
- Concrete
- Yes
- Decked
- Yes
Remarks & Misc
- Remarks – Consumer
- The numbers: Since January 2024, 229 Pescayo has hosted 113 stays across 860 guest nights and generated $512,831 in accommodation revenue. $66K+ in confirmed bookings already on the books -- $37,703 booked for 2026, plus 2027 reservations already secured 88% occupancy rate 4.96 / 5.0 guest rating Fully furnished, income-generating from day one -- zero ramp-up period This isn't a fixer-upper with 'potential.' It's a proven, cash-flowing short-term rental with the reviews, occupancy, and forward bookings to prove it -- built in 2023 and already established as one of the area's busiest vacation rentals. Why It Performs: Every finish was chosen to drive nightly rate and occupancy, not just curb appeal. Boaters and premium-amenity guests are the target market, and the property is built to convert them into repeat bookings: 72' of deep-water dockage, water & electric at dock, outdoor lighting Less than 10 minutes to open water & Vaca Cut for Gulf access Heated pool with paver decking Covered entertaining area + large covered upper terrace for shaded, salt-air living 240V EV charger 800 sq ft storage enclosure Aluminum gated vehicle access + security cameras The Property: Double doors open into an open-concept kitchen and living space -- quartz countertops, tile backsplash, built-in wine cooler, and tile flooring throughout. Four master suites, each with a private bath, plus an additional half bath for guests. Sold fully furnished -- dishes, linens, smart TVs, all of it. Bottom Line: No lease-up, no renovation, no guesswork on rates. Bring your boat -- the income is already running.
Fee Includes
- None
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Oven
- Yes
- Refrigerator
- Yes
- Stainless Steel Appliance(s)
- Yes
- Washer
- Yes
- Wine Cooler
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
Heating
- Central
- Yes
Waterfront
- Canal Front
- Yes
Waterview
- Canal View
- Yes
Floor
- Tile
- Yes
Neighborhood Feature
- Beach
- Yes
- Bike Paths
- Yes
Interior Features
- Quartz Countertops
- Yes
- Smoke Alarms
- Yes
- Split Bedroom
- Yes
- Storage
- Yes
- Window Treatments
- Yes
Property Condition
- New Construction
- Yes
Windows/Doors
- Impact Rstnce Doors
- Yes
- Impact Rstnce Window
- Yes
Vehicle Storage
- Carport
- Yes
- Covered Parking
- Yes
- Guest Parking
- Yes
- Open Parking
- Yes
Security
- On Premises System
- Yes
Construction
- CBS
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Furnished
- Yes
Utilities
- Elect Separate Meter
- Yes
- FKAA
- Yes
- Water Separate Meter
- Yes
Porch/Balcony
- Open Porch/Balcony
- Yes
Exterior Features
- Lighting
- Yes
- Storage
- Yes
Roof
- Metal Roof
- Yes
Property Features
Fee Includes:
None
Tax Exemptions:
None
Waterfront:
Canal Front
Waterview:
Canal View
Property Condition:
New Construction
Vehicle Storage:
Carport; Covered Parking; Guest Parking; Open Parking
Furnished:
Furnished
Cooling:
Ceiling Fans(s); Central Air
Heating:
Central
Utilities:
Elect Separate Meter; FKAA; Water Separate Meter
Interior Features:
Quartz Countertops; Smoke Alarms; Split Bedroom; Storage; Window Treatments
Appliances:
Dishwasher; Disposal; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features:
Lighting; Storage
Pool Info:
In Ground; Concrete; Decked
Construction:
CBS
Floor:
Tile
Roof:
Metal Roof
Pets:
Pets Allowed
Neighborhood Feature:
Beach; Bike Paths
Security:
On Premises System
Land Size:
Less Than 1/4 Acre
Documents
SURVEY ›
Listing Office:
Coldwell Banker Schmitt Real Estate Co.
Last Updated: August - 17 - 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.