12399 Overseas Hwy 5, Marathon, FL 33050
- Beds
- 3
- Baths
- 3
- Sqft
- 1,360
- Pool
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
CORAL LAGOON - 40' BOAT SLIP & 3 bedroom TOWNHOUSE allows for rentals of 2 nights or more in the heart of Marathon! New option - there is a dry boat rack available for an additional $150,000.
Imagine waking up in the Florida Keys with your boat just steps away and the open water calling. At Coral Lagoon Resort in Marathon, this 3-bedroom, 2-bath townhouse offers the perfect combination of island lifestyle and smart investment potential.
The property includes a 40' BOAT SLIP at the marina, giving you quick access to both the Atlantic Ocean and Gulf waters for fishing, diving, and cruising some of the most beautiful waters in the world. Whether it's an early morning run to the reef or sunset at the sandbar, boating is simply part of daily life here.
Coral Lagoon is known for its quaint Key West-style architecture, tropical landscaping, and resort-style pool, all within a professionally maintained, low-maintenance community that allows you to enjoy the Keys without the stress of constant upkeep.
Even better, short-term rentals are permitted, making this an attractive opportunity for buyers looking to generate income while still enjoying their own private getaway in paradise.
Located in the heart of Marathon, you're minutes from waterfront dining, fishing charters, beaches, and everything that makes the Florida Keys lifestyle so special.
Whether you're looking for a vacation home, boating retreat, or income-producing property, Coral Lagoon offers a rare opportunity to own a piece of the Keys with both lifestyle and investment appeal.
Make time to schedule your appointment for this winning combo as these are limited.
Location
Full feature list
Basic info
- Property type
- Townhouse
- Number of bedrooms
- 3
- Number of bathrooms
- 3
- Square feet
- 1,360
- Lot size (acres)
- 0.02
- Year built
- 2007
Exterior features
- Pool
- Yes
- Water view
- Yes
- Waterfront
- Canal Front
Utilities
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
Estimated monthly costs
- HOA Fees
- $1,095
Taxes
- Tax Annual Amount (2025)
- $9,366.84
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Florida Keys Board of Realtors MLS MLS®#: 619032 Last checked: …

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Florida Keys Board of REALTORS®, Inc.