229 Pescayo Avenue, Marathon, FL

$2,399,000

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4

Beds

5

Baths

2,040

Square feet

16,553

Land Size

About 229 Pescayo Avenue

Looking for the best of both worlds? Enjoy your vacation home and let it pay for its self when your not. Since January 2024, 229 Pescayo has hosted 113 stays across 860 guest nights and generated $512,831 in accommodation revenue. An incredible 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.

Features of 229 Pescayo Avenue

MLS® # 619881
Price $2,399,000
Bedrooms 4
Bathrooms 5.00
Full Baths 4
Half Baths 1
Square Footage 2,040
Land Size 16,553
Year Built 2023
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 229 Pescayo Avenue
Area 18 - East of Holiday Inn US #1 & Coco Plum
Subdivision Coco Plum Beach (54.5)
City Marathon
County Monroe
State FL
Zip Code 33050

Amenities

Amenities Beach, Bike Paths
Utilities FKAA, Water Separate Meter, Elect Separate Meter
Parking Carport, Open Parking, Guest Parking, Covered Parking
View Canal View
Is Waterfront Yes
Waterfront Canal Front
Has Pool Yes
Pool In Ground, Concrete, Decked

Interior

Interior Features Split Bedroom, Smoke Alarms, Storage, Window Treatments, Quartz Countertops
Appliances Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Wine Cooler, Stainless Steel Appliance(s)
Heating Central
Cooling Central Air, Ceiling Fans(s)
Fireplace No
Has Basement No

Exterior

Exterior Features Lighting, Storage
Lot Description Less Than 1/4 Acre
Windows Impact Rstnce Window, Impact Rstnce Doors
Roof Metal Roof
Construction CBS

Additional Information

Date Listed May 12th, 2026
Days on Market 117
Zoning RH - Residential High
Short Sale No
RE / Bank Owned No

Listing Details

AgentKim Rabito Show
OfficeColdwell Banker Schmitt Real Estate Co.

Listing Map

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