229 Pescayo Ave, Marathon, FL 33050

$2,399,000
4
BD
5
BA
2,040
SqFt

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List Price
$2,399,000
Price Change
▼ $51,000 1785604702
MLS#
619881
Status
ACTIVE
Island
Marathon
County
Monroe
City
Marathon
Area
East of Holiday Inn US #1 & Coco Plum
Subdivision
Coco Plum Beach (54.5)
Neighborhood
18 - East of Holiday Inn US #1 & Coco Plum
Bedrooms
4
Bathrooms
5
Half Baths
1
Living Area
2,040
Acres
0.38
Year Built
2023
Days on Market
120

Property Description

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.

Additional Information

Taxes
$13,262
Interior Features
Storage, Quartz/Quartzite Counters
Furnished
Furnished
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Wine Cooler, Stainless Steel Appliance(s)
Exterior Features
Lighting, Storage
Roof
Metal
Pool
Yes
Property Condition
New Construction
Waterfront
Yes
Control Depth
6
Zoning
RH - Residential High

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Calculator source: Real Geeks

Listing Courtesy Of Coldwell Banker Schmitt Real Estate Co., Contact: 305-743-5181