229 Pescayo Avenue, Marathon, FL 33050
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: kim rabito show
Office: coldwell banker schmitt real estate co.
MLS#:619881
Source:FL_FKBOR
Price summary
- Price:$2,399,000
- Price per sq. ft.:$1,175.98
About this home
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....
Contact an agent
Home facts
- Year built:2023
- Subdivision & Development:Coco Plum Beach (54.5)
- Listing ID #:619881
- Added:139 day(s) ago
- Updated:September 29, 2026 at 03:01 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Kitchen Description:Quartz Countertops
- Living area:2,040 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans(s), Central Air
- Heating:Central
Structure and exterior
- Year built:2023
- Building area:2,040 sq. ft.
- Lot area:0.25 Acres
- Exterior Features:Lighting, Storage
Finances and disclosures
- Price:$2,399,000
- Price per sq. ft.:$1,175.98
- Tax amount:$13,262
Features and amenities
- Amenities:Smoke Alarms, Storage, Window Treatments
Parking
- Parking description:Carport, Covered, Guest, Open
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