229 Pescayo Avenue,MARATHON, FL 33050
MARATHON, FL 33050
Description
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 secured 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.
Details
| MLS # | 619881 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 102 |
| Listing Provided By | Coldwell Banker Schmitt Real Estate Co. | Kim Rabito Show |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 2,040 |
| Pool | Yes |
| Zoning | RH - Residential High |
| Acreage | 0.38 |
| Water Front | Yes |
| Property View | Canal |
Taxes
| Property | 13262 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 18 East of Holiday Inn US #1 & Coco Plum |
| Community Name | Coco Plum Beach (54.5) |
| Listing VS Median (in Coco Plum Beach (54.5)) | |
Price: $2,399,000 low | high Med: $2,399,000 sqft: 2,040 low | high Med: 2,040 $ / sqft: $1,176 low | high Med: $1,176 On site: 102 low | high Med: 102 | |
Market Activity 33050
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 18 East of Holiday Inn US #1 & Coco Plum |
| Community Name | Coco Plum Beach (54.5) |
| Listing VS Median (in Coco Plum Beach (54.5)) | |
Price: $2,399,000 low | high Med: $2,399,000 sqft: 2,040 low | high Med: 2,040 $ / sqft: $1,176 low | high Med: $1,176 On site: 102 low | high Med: 102 | |
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