Three-Residence Short-Term Rental
For Sale
$11,000,000
2394 Coco Plum Drive, Marathon, FL 33050
Residential, Marathon, FL
Property Size12,198 SF
Lot Size1.31 Acres
Price / SF$901.79
Days on Market468
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
Bathroom 5, Bathroom 4, Bedroom 17, Bathroom 7, Bedroom 2, Bathroom 10, Bedroom 13, Bathroom 11, Bathroom 13, Bedroom 6, Bedroom 11, Bathroom 6, Bedroom 10, Bathroom 1, Bathroom 2, Bathroom 18, Bathroom 9, Bedroom 15, Bedroom 1, Bathroom 16, Bedroom 7, Bedroom 16, Bathroom 19, Bathroom 20, Bedroom 18, Bedroom 14, Bedroom 12, Bedroom 8, Bedroom 4, Bathroom 8, Bedroom 3, Bedroom 5, Bathroom 17, Bathroom 12, Bathroom 14, Bathroom 21, Bedroom 9, Bathroom 3, Bathroom 15
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
Building Details
Year built
2019
Number of units
3
Flooring type
Carpet, Tile, Combo
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 24
Last Checked: Aug 31 at 3:06PM
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 multifamily short-term rental property comprises three residences totaling 12,198 square feet on 1.3116 acres. Built in 2019, each home measures 4,066 square feet and includes six bedrooms, 6.5 bathrooms, open living areas, balconies, custom millwork, built-in storage, walk-in pantries, and oversized laundry rooms. Each residence also has a private pool, tiki hut, dock, and three air-conditioning units. Impact windows and doors, CBS construction, metal roofing, fencing, and central air are among the property improvements. The residences are furnished and equipped with kitchens that include stainless steel appliances, wine coolers, refrigerators, ranges, ovens, microwaves, freezers, dishwashers, washers, and dryers.
The property is positioned near Coco Plum Beach and the Atlantic Ocean, with direct ocean access from its docks. RM - Residential Medium zoning supports weekly rentals, while the three separate homes provide a consolidated waterfront rental configuration. The property address is 2394 Coco Plum Drive, Marathon, FL 33050.
The property is positioned near Coco Plum Beach and the Atlantic Ocean, with direct ocean access from its docks. RM - Residential Medium zoning supports weekly rentals, while the three separate homes provide a consolidated waterfront rental configuration. The property address is 2394 Coco Plum Drive, Marathon, FL 33050.
Key Highlights
- Three residences totaling 12,198 square feet on 1.3116 acres
- Each residence offers 4,066 square feet, 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 - Waterfront rental compound with private pools, docks, and RM - Residential Medium zoning for weekly rentals.
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, 6 bedrooms, and 6.5 bathrooms; Private pool, tiki hut, and dock provided for each home
