WATERWAY
Active

229 Pescayo Avenue AVENUE

MARATHON, FL 33050
Mark as Favorite
Bed 4

Bed

Bath 5

Bath

SqFt2,040

Sqft

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 rate4.96 / 5.0 guest ratingFully furnished, income-generating from day one -- zero ramp-up periodThis 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 r epeat bookings:72' of deep-water dockage, water & electric at dock, outdoor lightingLess than 10 minutes to open water & Vaca Cut for Gulf accessHeated pool with paver deckingCovered entertaining area + large covered upper terrace for shaded, salt-air living240V EV charger800 sq ft storage enclosureAluminum gated vehicle access + security camerasThe 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.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential - Single Family

Price : $2,399,000

AD Id : 78465756

MLS Id : 619881

Beds : 4

Living Area Size : 2,040 Sq. Ft

Tax Amount : $13,262.44

Year Built : 2023

County : Monroe

Subdivision: Waldin Park Estates

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 5 Full Baths: 4 Half Baths: 1
  • Interior Features

    Split Bedroom,Smoke Alarms,Quartz Countertops,Window Treatments,Storage Appliances: Washer,Stainless Steel Appliance(s),Wine Cooler,Disposal,Microwave,Oven,Refrigerator,Dishwasher,Dryer
  • Roofing Information

    Metal Roof

    Flooring Information

    Tile

    Heating & Cooling

    Cooling: Central Air,Ceiling Fans(s) Heating: Central Water Front: Yes Canal Front Canal View

    Window Information

    Window Treatments: Impact Rstnce Window,Impact Rstnce Doors

  • Building Information

    Year Built: 2023 Floor Location: 10907 Construction: CBS Security System: On Premises System Roof: Metal Roof
  • Exterior Features

    Lighting,Storage

    Pool Information

    In Ground,Decked,Concrete Heated: Yes

  • Lot Information

    Lot Dimensions: X Lot SqFt: 10,907 Lot SqFt Source: Property Data Card Lot 5 Coco Plum Estates Pb7-95 Or3148-2388 Or3177-570
  • Property Information

    SQ ft (Living Area): 2,040 View: Canal View Subdivision: Coco Plum Beach (54.5) Stories: 1 Story

  • Listing Price Information

    List Price: $2,399,000

  • Tax Information

    Taxes: $13,262 Tax Year: 2025 Parcel Number: 00363451000500 Tax Exemptions: None

  • Multi-Unit Information

    Pets Allowed: Pets Allowed
  • Homeowners Association Information

    Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00

  • Utility Information

    FKAA,Water Separate Meter,Elect Separate Meter
Sell a home like this and save $143,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1361 Overseas Highway #G5, Marathon, FL, 33050 $110,000 2 2 748 --
10999 Ave 3rd Avenue, Marathon, FL, 33050 $1,700,000 2 3 1,247 10,125 Sq. Ft
59761 Overseas Highway .., Marathon, FL, 33050 $699,000 2 2 1,496 --
59720 Overseas Highway .., Marathon, FL, 33050 $3,400,000 5 5 3,013 --
59720 Overseas Highway .., Marathon, FL, 33050 $3,100,000 5 5 3,013 --
59720 Overseas Highway .., Marathon, FL, 33050 $3,500,000 4 5 3,013 --
59720 Overseas Highway .., Marathon, FL, 33050 $2,975,000 5 5 3,013 --
59733 Paradise Place, Marathon, FL, 33050 $650,000 4 2 1,447 6,162 Sq. Ft
58652 Overseas Highway .., Marathon, FL, 33050 $3,495,000 4 4 2,429 --
58773 Overseas Highway .., Marathon, FL, 33050 $1,675,000 3 2 1,280 --

ByOwner last updated this listing 10/06/2026 @ 04:59

MLS: 619881 LISTED BY: Kim Rabito Show , Coldwell Banker Schmitt Real Estate Co. 305-743-5181 SOURCE: Florida Keys MLS, Inc.

Homes around $2,399,000

Selling? Save $143,441 when you sell a home like this

Tour with a ByOwner Agent