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    Waterfront Residences: Luxury & Income

    2394 Coco Plum Drive Marathon, FL 33050

    2394 Coco Plum Drive, Marathon, FL, 33050
    $11,000,000
    For Sale
    Under Contract
    Claim this Listing
    $11,000,000

    MULTI_FAMILY - Marathon, FL

    Property Size12,198 SF
    Lot Size1.31 Acres
    Price / SF$901.79
    AddedMay 21, 2025
    Days on Market421
    Last RefreshJul 15 at 11:06 am

    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
    Rooms
    Bedroom 8, Bathroom 18, Bedroom 9, Bedroom 13, Bedroom 1, Bathroom 20, Bedroom 17, Bedroom 4, Bathroom 3, Bedroom 15, Bedroom 6, Bathroom 17, Bedroom 2, Bathroom 5, Bedroom 7, Bathroom 9, Bathroom 21, Bathroom 10, Bathroom 4, Bathroom 1, Bathroom 11, Bathroom 14, Bedroom 11, Bathroom 19, Bedroom 5, Bathroom 16, Bathroom 12, Bedroom 12, Bathroom 2, Bedroom 16, Bathroom 15, Bathroom 13, Bedroom 10, Bedroom 3, Bedroom 14, Bathroom 6, Bedroom 18, Bathroom 8, Bathroom 7
    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)
    Standard status
    Active Under Contract
    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

    Utilities

    Cooling system
    Central Air
    Water front
    1

    Building Details

    Year built
    2019
    Number of units
    3
    Flooring type
    Carpet, Tile, Combo
    Building materials
    CBS
    Roof type
    Metal
    Additional Structures
    Storage

    Listing agent Kelsey Caputo - Frins License #3422202

    Listing office Berkshire Hathaway HomeServices Keys Real Estate - Islamorada 85992 Overseas Hwy, Islamorada, FL

    Listing date May 21, 2025

    MLS# 615103 Listing URL

    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 property features three residences situated on a waterfront parcel near Coco Plum Beach and the Atlantic Ocean. Built in 2019, each residence offers 6 bedrooms and 6.5 bathrooms within 4,066 square feet. The interiors feature custom millwork, designer fixtures, and furnishings. Each home includes a private pool, tiki hut, and a dock with deepwater and direct ocean access. Impact windows and doors are installed, and each home has three air conditioning units. Each level offers storage, an oversized laundry room, a walk-in pantry, and en-suite bathrooms. Zoned for weekly rentals, this property offers income potential and versatility for use as a family compound, short-term rental business, or corporate retreat. The property is located in Marathon, Florida, and is zoned RM - Residential Medium. The lot size is 1.3116 acres.

    Key Highlights

    • Three designer residences on one waterfront parcel, offering luxury, lifestyle, and income potential.
    • Each home features 6 bedrooms and 6.5 bathrooms with designer finishes and furnishings.
    • Private amenities for each home: pool, tiki hut, and deepwater dock with direct ocean access.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Coco Plum Trio Vacation Rental

    Suggested Use

    Travel Agency Bed & Breakfast Hotel & Motel Real Estate Agency

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Triplex - Three designer homes on a waterfront parcel with income potential.
    Where is this triplex 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 designer residences on one waterfront parcel, offering luxury, lifestyle, and income potential.; Each home features **6 bedrooms and 6.5 bathrooms with designer finishes and furnishings**.; Private amenities for each home: **pool, tiki hut, and deepwater dock with direct ocean access**.
    Contact an agent
    (305) 363-9998
    We can help!
    Contact an agent
    Kelsey Caputo - Frins
    Kelsey Caputo - Frins
    Real Estate License ID: 3422202
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