11600 1st Ave Gulf, Unit 52

Marathon, FL 33050

$1,199,000
Price
3
Beds
2
Baths
1
1/2 Bath
1,600 Sq. Ft.
$749 / Sq. Ft.
1,600
Sq. Ft.
$749
per Sq. Ft.

Description

Welcome to this 3-bedroom townhouse nestled in the prestigious Indigo Reef community, where luxury living and paradise seamlessly blend. This property is an active VRBO rental with a ranking of all 10/10 with 44 reviews, and an annual gross revenue history of close to or above $100,000 every year. Upon entering you're instantly enveloped by the awe-inspiring water and sunset views. The sunset views are breathtaking! This haven is designed with the boating enthusiast in mind, offering quick Gulf access...Welcome to this 3-bedroom townhouse nestled in the prestigious Indigo Reef community, where luxury living and paradise seamlessly blend. This property is an active VRBO rental with a ranking of all 10/10 with 44 reviews, and an annual gross revenue history of close to or above $100,000 every year. Upon entering you're instantly enveloped by the awe-inspiring water and sunset views. The sunset views are breathtaking! This haven is designed with the boating enthusiast in mind, offering quick Gulf access directly from your back door. Your deeded 35' boat slip is conveniently situated just a few steps away you can see your boat from your unit, inviting you to set off on aquatic adventures whenever the sea calls. This is the epitome of waterfront living, where your boat is ready to whisk you away to the ocean or Gulf, or perhaps to one of the nearby restaurants accessible by boat. Spacious and spreads cross two levels, featuring an open floor plan that ensures the stunning views are never missed. The living area flows seamlessly onto a private balcony, where the Gulf serves as the perfect backdrop for al fresco dining or an evening under the stars. The three bedrooms provide ample space. The master suite, in particular, is a haven of tranquility with its en-suite bathroom and picturesque views. Parking is a breeze with a covered space for your vehicle and additional guest parking available. You can stay active in the community gym, or unwind in the resort-style pool. The 10-acre grounds are a tropical masterpiece, meticulously landscaped to reflect the lushness of the Florida lifestyle. For those interested in investment opportunities, this property can serve as a vacation rental, offering guests a luxurious escape in one of the most sought-after destinations. Sold furnished as depicted in the photographs, with a few exceptions. Whether as a personal retreat or a rental property, this townhouse represents the pinnacle of coastal living in the beautiful Florida Keys.
  1. Listed by Samuel Davis Williams • Coldwell Banker Schmitt Real Estate Co.

Property Details for 11600 1st Ave Gulf, Unit 52

Waterfront
Bay Front, Open Water, Gulf Front
Waterfront
Yes
Zoning
RH - Residential High
Subdivision
Indigo Reef Marina Homes (52.5)
Directions
From US-1 to 117th St Gulf, turn left at stop sign, the gate for Indigo Reef will be on the right. Gate opens automatically.
Vehicle Storage
Carport, Covered Parking, Guest Parking

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.
Add your commute
LISTING UPDATED: 05/11/2024 03:51 PM

Property Details for 11600 1st Ave Gulf, Unit 52

StatusActive
MLS #609936
Days on Market15
Taxes$7,525 / year
HOA Fees$1,100 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Townhouse
Year Built2006
Lot Size0.03 AC / 1,193 SF
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.
Add your commute

Building Information for 11600 1st Ave Gulf, Unit 52

Stories2Year Built2006Building Size-Lot Size0.03 AC / 1,193 SF

Payment Calculator

$8,271 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,543

Property Taxes

$627

HOA Dues

$1,100

The Payment Calculator is for illustrative purposes only.

Property Information for 11600 1st Ave Gulf, Unit 52

Summary
Location and General Information
  • Waterview: Bay/Gulf View, Open Water View
  • Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
  • Absolute Longitude: 81.031669
  • Control Depth: 4
  • Off Shore Island: No
  • Listing Board: Marathon/Lower Keys
  • Side: Bay/Gulf
  • Unit/Complex: Complex
  • Mile Marker: 52.5
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Accessibility Feat: None
  • Neighborhood Feature: Community Pool
  • Key/Island: Marathon
Owner
  • Owner Name: Welcome Home Florida Llc
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: Common Area Mnt
  • Furnished: Furnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.03
  • Parcel #: 00104180-001520
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: RESIDENTIAL UNIT 52 INDIGO REEF MARINA HOMES
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE-10
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 41
  • Document Count: 9
  • Building Style: Above Flood: Yes
  • Building Style: Stilt Column Height: Short - 4Ft & Under
  • Security: Electric Gate
Utilities
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: Concrete, In Ground, Decked
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Interior Features: Cathedral Ceilings, Granite Counter Top
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Dockage: Dock Length: 35
  • Dockage: Dock: Wood
  • Construction: Frame
  • Dockage: Boat Slip
  • Windows/Doors: French Doors, Single Hung Windows

Property History for 11600 1st Ave Gulf, Unit 52

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11600 1st Ave Gulf, Unit 52

Taxable ValueLand$526,113Additions$376,955Total$903,068
Tax Record2023$7,525 ($627 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStories2Lot Size1,193 SqFtStyleSingle Family ResidenceYear Built2006Year Renovated2011CountyMONROEAPN00104180-001520

Schools near 11600 1st Ave Gulf, Unit 52

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - PK to 5
Charter - PK to 8
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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11600 1st Ave Gulf, Unit 52 is a single family home for sale in Marathon, FL 33050. This property was listed for sale on May 9, 2024 by Coldwell Banker Schmitt Real Estate Co., it's currently listed at $1,199,000. It has been on the market for a total of 15 days and was last sold on December 15, 2020. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 11600 1st Ave Gulf, Unit 52 is a 3-bed, 2.5-bath, 1,600 sqft single family home built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.