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229 Pescayo Avenue AVENUE

MARATHON, FL 33050
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$2,399,000 $10,114/Mo
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Bed 4

Bed

Bath 5

Bath

SqFt2,040

Sqft

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 secured88% 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 the m into repeat 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.

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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

Year Built : 2023

County : Monroe

Subdivision: Waldin Park Estates

  • Map Map

Map

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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

  • Virtual Tour

    Virtual Tour (External Link)

  • 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
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
59761 Overseas Highway .., Marathon, FL, 33050 $699,000 2 2 1,496 1,496 SqFt
59720 Overseas Highway .., Marathon, FL, 33050 $3,400,000 5 5 3,013 3,013 SqFt
59720 Overseas Highway .., Marathon, FL, 33050 $3,100,000 5 5 3,013 3,013 SqFt
59720 Overseas Highway .., Marathon, FL, 33050 $3,500,000 4 5 3,013 3,013 SqFt
59720 Overseas Highway .., Marathon, FL, 33050 $2,975,000 5 5 3,013 3,013 SqFt
59733 Paradise Place, Marathon, FL, 33050 $700,000 4 2 1,447 1,447 SqFt
91 Dorsett Drive DRIVE, Marathon, FL, 33050 $787,000 2 2 1,200 1,200 SqFt
58950 Overseas Highway .., Marathon, FL, 33050 $1,090,000 3 2 1,404 1,404 SqFt
58950 Overseas Highway .., Marathon, FL, 33050 $850,000 3 2 1,509 1,509 SqFt
58652 Overseas Highway .., Marathon, FL, 33050 $3,495,000 4 4 2,429 2,429 SqFt

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ByOwner last updated this listing 08/21/2026 @ 01:30

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

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