New Listing
$999,000
 $5,363 est/mo Sourced by Back At You

11600 1st Avenue Gulf 23,MARATHON, FL 33050

MARATHON, FL 33050

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Description

THE LOWEST-PRICED UNIT CURRENTLY ON THE MARKET AT INDIGO REEF, OFFERED UNDER $1 MILLION! An incredible opportunity to own in one of Marathon's most sought-after Gulf-front communities at a price rarely seen. Fully Furnished, turn-key, and ready for its next owner! Tucked away on more than 10 acres along the Gulf of Mexico, Indigo Reef offers the perfect combination of privacy, resort-style amenities, boating, and convenience, all just minutes from the heart of Marathon. Villa 23 is a spacious 3-bedroom, 2.5-bath townhome offering approximately 1,600 sq. ft., an open-concept floor plan, vaulted ceilings in the primary bedroom, and beautiful, unobstructed Gulf views from inside the villa and its covered porches. Freshly painted interior in 2025, the home features tile flooring, granite countertops, stainless steel appliances, and comes fully furnished and turn-key. For boaters, a separately deeded 35-ft boat slip conveys with the property and is located just steps from the villa, with quick access to both the Gulf and Atlantic through Vaca Cut. Spend the day fishing or boating, then come home, pour a Key lime margarita, and watch another unforgettable Keys sunset from your own Gulf-view porch. Indigo Reef offers a heated resort-style pool, fitness room, ice machine, kayak storage, lush tropical grounds, gated entry, and generous owner storage in the climate-controlled HOA building with room for bikes, fishing gear, and more. The villa also includes a covered parking space conveniently located near the unit, with additional parking available. Weekly vacation rentals are permitted, offering flexibility as a vacation home, investment property, or your own private Keys escape. With open-water views, deeded boating, resort-style amenities, weekly rental potential, furnishings included, and a price under $1M, Villa 23 represents an exceptional opportunity at Indigo Reef. Don't miss your chance to own a piece of the Keys lifestyle at an incredible value

Details

MLS #621068
Listing TypeFor Sale
StyleTown House
HOA Dues$1,219
Sub-TypeResale
StatusActive
Year2006
Days On Site1
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Monica Jane Barrett

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,600
PoolYes
ZoningRH - Residential High
Acreage0.03
Water FrontYes
Property ViewCanal, Open Water View, Bay

Taxes

Property8590

Area Information

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area15 Sombrero Bch Rd to Vaca Cut Gulfside
Community NameIndigo Reef Marina Homes (52.5)
Listing VS Median (in Indigo Reef Marina Homes (52.5))
Price:
$999,000
low | high
Med:
$1,199,000
29.97997997998% of Average
sqft:
1,600
low | high
Med:
1,600
50% of Average
$ / sqft:
$624
low | high
Med:
$749
29.97997997998% of Average
On site:
1
low | high
Med:
39
2.564102564103% of Average
Sourced by Back At You

Market Activity 33050

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Learn More About This Property

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area15 Sombrero Bch Rd to Vaca Cut Gulfside
Community NameIndigo Reef Marina Homes (52.5)
Listing VS Median (in Indigo Reef Marina Homes (52.5))
Price:
$999,000
low | high
Med:
$1,199,000
29.97997997998% of Average
sqft:
1,600
low | high
Med:
1,600
50% of Average
$ / sqft:
$624
low | high
Med:
$749
29.97997997998% of Average
On site:
1
low | high
Med:
39
2.564102564103% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $749K - $1.248M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
11600 1st Avenue Gulf 26 Property Photo 1
$1,199,000
11600 1st Avenue Gulf 26
Marathon, FL 33050
11600 1St Avenue Gulf 32 Property Photo 1
$1,499,000
11600 1st Avenue Gulf 32
Marathon, FL 33050
Listing Updated: August 23, 2026 at 2:27:40 PM PDT