Waterfront

229 pescayo avenue

Marathon, FL 33050

$2,399,000

4 BEDS 5 BATHS
2,040 SQFT0.37 AC LOT
Residential - Single Family
Waterfront
Image 1: DEEP WATER DOCKAGE
Image 2: BACKYARD
Image 3: KITCHEN
Image 4: KITCHEN
Bedrooms 4
Total Baths 5
Full Baths 4
Square Feet 2040
Acreage 0.38
Status Active
MLS # 619881
County Monroe
More Info
Category Residential - Single Family
Status Active
Square Feet 2040
Acreage 0.38
MLS # 619881
County Monroe
The numbers: Since January 2024, 229 Pescayo has hosted 113 stays across 860 guest nights and generated $512,831 in accommodation revenue.88% occupancy rate4.96 / 5.0 guest ratingFully furnished, income-generating from day one -- zero ramp-up periodThis 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 lightingLess than 10 minutes to open water & Vaca Cut for Gulf accessHeated pool with paver deckingCovered entertaining area + large covered upper terrace for shaded, salt-air living240V EV charger800 sq ft storage enclosureAluminum gated vehicle access + security camerasThe 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.

Exterior Features

  • Style Single Family
  • Construction Single Family
  • Siding CBS
  • Exterior Lighting, Storage
  • Roof Metal Roof
  • Garage No
  • Water FKAA, Water Separate Meter, Elect Separate Meter
  • Sewer FKAA, Water Separate Meter, Elect Separate Meter
  • Lot Dimensions X

Interior Features

  • Appliances Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Heating Central
  • Cooling Central Air, Ceiling Fans(s)
  • Living Area 2,040 SQFT
  • Year Built 2023

Financial Information

  • Parcel ID 9104808
  • Zoning RH - Residential High

Listing Information

Listing Provided Courtesy of Coldwell Banker Schmitt Real Estate Co.
Listing Agent Kim Show
Florida Keys, MLS
Listing data is current as of 08/26/2026.

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