Waterfront Short-Term Rental
For Sale
$11,000,000
2394 Coco Plum Drive, Marathon, FL 33050
MULTI_FAMILY - Marathon, FL
Property Size12,198 SF
Lot Size1.31 Acres
Price / SF$901.79
Days on Market454
Property Features for 2394 Coco Plum Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
RM - Residential Medium
Bedrooms
18
Bathrooms
20
Full bathrooms
18
Half bathrooms
3
Rooms
Bedroom 11, Bathroom 10, Bathroom 7, Bathroom 5, Bathroom 8, Bathroom 14, Bedroom 17, Bedroom 2, Bathroom 9, Bedroom 14, Bathroom 17, Bathroom 16, Bedroom 16, Bedroom 13, Bedroom 6, Bathroom 19, Bedroom 4, Bathroom 4, Bathroom 1, Bedroom 15, Bedroom 10, Bedroom 7, Bathroom 6, Bathroom 21, Bedroom 12, Bathroom 2, Bathroom 15, Bathroom 13, Bathroom 20, Bathroom 18, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 18, Bathroom 3, Bathroom 12, Bathroom 11, Bedroom 8, Bedroom 9
Security features
Security
Pets allowed
Yes
Pool private
1
Interior features
Built-in Cabinets, Storage, Walk-in Closet(s), Loft
Exterior features
Chickee Hut, Fencing
Fencing
Fenced
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Wine Cooler, Stainless Steel Appliance(s)
Subdivision
Coco Plum (54.6)
View
Ocean
Standard status
Active
Size
12,198 SF
Lot size
1.31 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BK 20 LT 1-A AND WLY 75FT OF CANAL LYING NLY AND CONTIGUOUS COCO PLUM BEACH RE-PLAT 1 PB7-68
Tax Annual Amount
47825
Legal Description
BK 20 LT 1-A AND WLY 75FT OF CANAL LYING NLY AND CONTIGUOUS COCO PLUM BEACH RE-PLAT 1 PB7-68
Utilities
Cooling system
Central Air
Water front
1
Amenities
private pool
tiki hut
dock
balconies
oversized laundry room
walk in pantry
Building Details
Year built
2019
Number of units
3
Flooring type
Carpet, Combo, Tile
Building materials
CBS
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
(305) 664-4444
Listed By:
Kelsey Caputo - Frins · License #3422202
(305) 363-9998
Added: May 21, 2025
Changed: Aug 3
Last Checked: Aug 17 at 4:06AM
MLS# 615103
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.3116-acre waterfront property contains three designer residences totaling 12,198 square feet. Each home measures 4,066 square feet and includes 6 bedrooms, 6.5 bathrooms, furnished interiors, open living areas, balconies, storage, a walk-in pantry, and an oversized laundry room. Every residence also has a private pool, tiki hut, and dock with deepwater and direct ocean access. Additional improvements include impact windows and doors, three air-conditioning units per home, metal roofing, fenced areas, and CBS construction. The residences were built in 2019 and are equipped with full kitchens, laundry appliances, wine coolers, and stainless steel appliances.
Located at 2394 Coco Plum Drive in Marathon, the property sits near Coco Plum Beach and the Atlantic Ocean. RM - Residential Medium zoning is identified, and the property is described as zoned for weekly rentals. The three-home configuration supports use as a short-term rental property, family compound, or corporate retreat, as stated in the property information.
Located at 2394 Coco Plum Drive in Marathon, the property sits near Coco Plum Beach and the Atlantic Ocean. RM - Residential Medium zoning is identified, and the property is described as zoned for weekly rentals. The three-home configuration supports use as a short-term rental property, family compound, or corporate retreat, as stated in the property information.
Key Highlights
- Three residences totaling 12,198 square feet on 1.3116 acres
- Each residence offers 4,066 square feet with 6 bedrooms and 6.5 bathrooms
- Private pool, tiki hut, and dock provided for each home
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 33050, FL
10,479
Population
7,314
Households
1.4
Avg Household Size
50
Median Age
34%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,152
Density / Sq Mi
$83,243
Median Household Income
$40,006
Median Earnings
$1,611
Median Rent
$705,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Three furnished residences feature private pools, individual docks, and direct ocean access near Coco Plum Beach.
Where is this short term rental property located?
The property is located at 2394 Coco Plum Drive Marathon, FL.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Three residences totaling 12,198 square feet on 1.3116 acres; Each residence offers 4,066 square feet with 6 bedrooms and 6.5 bathrooms; Private pool, tiki hut, and dock provided for each home
