11600 1st Avenue Gulf #47, MARATHON, FL 33050
Local realty services provided by:Better Homes and Gardens Real Estate Destinations



Listed by:sarah eckert
Office:coldwell banker schmitt real estate co. (kw)
MLS#:613988
Source:FL_FKBOR
Price summary
- Price:$1,150,000
- Price per sq. ft.:$718.75
- Monthly HOA dues:$1,100
About this home
TURNKEY Indigo Reef villa is now available! This 3-bedroom, 2.5-bathroom townhome is a boaters dream and income-earning gem. The highly desired Indigo Reef complex offers resort-like amenities for homeowners and guests. This private, gated community is conveniently located minutes from the heart of Marathon, while peacefully tucked away on 10+ acres along the water's edge. The community features a spacious, heated pool with comfortable lounge chairs, an ice machine, kayak storage, a professional-grade gym, plus ample owner storage in the temperature-controlled HOA building perfect for bikes and fishing gear. Villa 47 stands out amongst the rest, offering breathtaking open-water views, vaulted ceilings, and a spacious open-concept downstairs living space. Throw open the French doors to expand your entertaining space further and unwind in the shade of the covered porch, overlooking manicured grounds and open water. Upstairs, you'll find a well-thought design with 3 bedrooms, 2 bathrooms, and laundry. Each bedroom features balcony access with the 2nd and 3rd bedrooms opening to the front balcony. The primary ensuite opens to the private, upper back deck overlooking the Gulf, where you can soak up the sun, relish the sunset views, or spend your nights stargazing. This home comes with an assigned covered parking space steps from the front entrance. Off the back porch, you'll find some of the best boating and fishing in the world. The 31' deeded boat slip is protected by mangroves while the deep-water channel is easy to maneuver and allows quick access to the Gulf and ocean via Vaca Cut. Fully furnished and currently a successful weekly vacation rental, the new owner can start earning income immediately with bookings in place through next spring. This home is a must-see! Call today to schedule your showing!
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Home facts
- Year built:2006
- Listing Id #:613988
- Added:165 day(s) ago
- Updated:August 16, 2025 at 02:23 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:1,600 sq. ft.
Structure and exterior
- Roof:Metal Roof
- Year built:2006
- Building area:1,600 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Water Separate Meter
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$718.75
- Tax amount:$7,356 (2024)
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