229 Pescayo Avenue, Marathon, FL 33050
Local realty services provided by:CENTURY 21 Circle
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
The numbers: Since January 2024, 229 Pescayo has hosted 113 stays across 860 guest nights and generated $512,831 in accommodation revenue.
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:112 day(s) ago
- Updated:September 02, 2026 at 02:48 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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