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Waterfront Short-Term Rental Compound
For Sale
$11,000,000

2394 Coco Plum, Marathon, FL 33050

Three furnished residences offer private pools, docks, and direct ocean access in a weekly-rental setting.

Property Size12,198 SF
Days on Market130

Property Features for 2394 Coco Plum

General Information

Standard status Active
Size 12,198 SF
Property subtype Investment

Units

Unit Mix 3 x 6BR/6.5BA
Multifamily Units 3

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $47,825

Amenities

private pool
tiki hut
dock
impact windows and doors
balconies
laundry room
walk-in pantry

Building Details

Building Size 12,198 SF
Year Built 2019
Buildings 3
Stories 3
Units 3
Listing Agency:
Listed By: Kelsey Caputo- Frins
Source: Elliman
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 31 at 5:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelsey Caputo- Frins

Investment Insights

Based on property information with market context.

This waterfront property includes three furnished residences completed in 2019, with each home offering 4,066 square feet, six bedrooms, and 6.5 bathrooms. The interiors feature custom millwork, designer fixtures, open living areas, high ceilings, multiple balconies, impact windows and doors, and three air-conditioning units per residence. Each home also has private outdoor amenities, including a pool, tiki hut, and dock with deepwater and direct ocean access. Storage is provided throughout the levels, along with an oversized laundry room and walk-in pantry.

The property is located at 2394 Coco Plum in Marathon, Florida. It is zoned for weekly rentals and includes three separate residences on a waterfront parcel, supporting use as a short-term rental property, family compound, or corporate retreat as described in the property information.

Key Highlights

  • Three residences, each with 4,066 square feet, 6 bedrooms, and 6.5 bathrooms
  • Completed in 2019 with professionally furnished interiors
  • Private pool, tiki hut, and dock for each residence

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Dental Office Auto Parts Store Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Three furnished residences offer private pools, docks, and direct ocean access in a weekly-rental setting.
Where is this short term rental property located?
The property is located at 2394 Coco Plum 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, each with 4,066 square feet, 6 bedrooms, and 6.5 bathrooms; Completed in 2019 with professionally furnished interiors; Private pool, tiki hut, and dock for each residence
More about this property
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