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229 Pescayo Ave, Marathon, FL - photo 1
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229 Pescayo Ave, Marathon, FL - photo 2
229 Pescayo Ave, Marathon, FL - photo 3
229 Pescayo Ave, Marathon, FL - photo 4
229 Pescayo Ave, Marathon, FL - photo 5
+30

$2,399,000

4 beds5 baths2,040 sqft|619881 MLS#

229 Pescayo Ave, Marathon, FL 33050

Est.$14,394/moGet pre-qualified

Single Family Residence

Residential

Built in

2023

Lot size

16,552 sqft

Price/sqft

$1176

HOA

None

Listed by: Kim Rabito Show 305-304-8591, Coldwell Banker Schmitt Real Estate Co. 305-743-5181

Source:Florida Keys MLS (FLKMLS)|MLS #619881

Get price drop alert on this property the moment it happen

Preferred Brokerage Partner

Kinsfolk Realty

Kinsfolk Signature Realty

What's special

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 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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Facts & features

Bedrooms & bathrooms

  • Bedrooms:4
  • Bathrooms:5
  • Full bathrooms:0

Heating

  • Has Heating:Yes

Interior area

  • Total structure area:2,040 sqft
  • Total interior livable area:2,040 sqft

Parking

  • Parking features:N/A
  • Garage spaces:0
  • Has attached garage:No

Lot

  • Size:16,552 sqft

Details

  • Parcel number:N/A

Type & style

  • Home type:Single Family Residence
  • Property subtype:Residential

Materials

  • • N/A

Condition

  • Year built:2023

Contact agent

Price history

DateEventPrice
9/14/2026Listed for sale$2,399,000$1176/sqft

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