What Is Coral Lagoon Resort in Marathon, FL?
Coral Lagoon Resort is a 25-unit waterfront townhome community at 12399 Overseas Highway, Mile Marker 53, in Marathon, Florida, built in 2007 on about six acres. Units are two-story, roughly 1,320 square feet, typically 3 bedrooms and 2.5 baths, with private dockage through the on-site marina, Vaca Cut access to both the Atlantic and Gulf, and an on-site heated pool. Nightly rentals are allowed, which keeps investment buyers interested alongside primary and second-home owners.
If you've searched "Coral Lagoon Resort Marathon" and landed here, you're looking at one of the more distinct waterfront communities on the ocean side of Marathon. It sits almost exactly at the midpoint of the Keys, roughly 90 miles from Miami and 45 miles from Key West, which makes it an easy target for buyers who want boat access without giving up a short drive to either end of the chain.
What sets Coral Lagoon apart from a lot of Marathon condo product is the marina. Units are built around private or deeded slip access, with a full-service marina next door for fuel, storage, and ramp use. For a boating buyer, that's the whole ballgame — you're not trailering anywhere, you're backing out of your own dock.
The community also allows nightly rentals, which is worth flagging up front. Not every complex in the Keys does, and it changes the math for anyone weighing the property as an investment versus a personal getaway.
Because nightly rentals are permitted, Coral Lagoon Resort can carry different HOA restrictions and financing considerations than a standard Marathon condo — worth confirming before you write an offer. For guidance on buying in this community, view active Coral Lagoon Resort listings or browse the wider selection of Marathon condos and townhomes currently on the market.
Frequently Asked Questions
What is Coral Lagoon Resort in Marathon?
Coral Lagoon Resort is a marina-centered townhome community on the ocean side of Marathon, Florida, built around private boat access. It is positioned roughly at the midpoint of the Florida Keys, near Mile Marker 53.
Does Coral Lagoon Resort have a pool?
Yes, Coral Lagoon Resort has an on-site heated swimming pool for residents and guests.
Do Coral Lagoon Resort units come with a boat slip?
Coral Lagoon Resort includes a full-service marina, and units typically offer private or deeded dockage with access to the Atlantic Ocean and Gulf of Mexico via Vaca Cut.
Are nightly vacation rentals allowed at Coral Lagoon Resort?
Nightly rentals are permitted at Coral Lagoon Resort, making units in the community an option for buyers considering short-term rental income.