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$1,395,000   Price Analysis
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11600 1st Avenue Gulf Apt 55
Marathon, FL 33050
3 bed 3 bath 1,600 SqFt ($871/SqFt)
1,173SqFt lot. Built 2006
Listed 2024-07-10, HOA $1100, Taxes $6,679
Ⓧ USDA Ineligible
due to price & location

near Marathon

INDIGO REEF is a luxurious town-house style community located directly on the Gulf of Mexico minutes from the heart of Marathon

* No Longer For Sale *
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Yet quiet and tuckd away from it all. Situated on over 10 Acres of private land and gated, villa 55 boasts Incredible OPEN WATER views, vaulted ceilings, quick and easy ocean access through the Vaca cut and an open concept floor plan. This 3 bed/2.5 bath, 1600 Sqft. townhome comes with a deeded 35 ft boat slip located steps from the back porch. Indigo Reef community boasts a vast heated resort style pool with plenty of cushioned lounge chairs, Ice machine, Kayak storage, professional gym room and plenty of owner's storage located in the temperature controlled HOA building with room for bikes and fishing gear. Home also comes with its own parking spot steps from the front entrance. This unit comes fully furnished and could become a successful weekly vacation rental if desired. Enjoy nightly sunsets while sipping a margarita from your WEST facing unit!

You will LOVE sitting under your covered porch while you gaze over the gorgeous blue tones of the Gulf and relax after a successful day out on the water. This villa was recently modernized and professionally decorated with a coastal chic aesthetic. Pristine luxury vinyl wood plank flooring throughout, new roll down hurricane shutters, new washer and dryer, On-demand hot water heater, easy maintenance TREX decking on all exterior stairs & porches, New AC, GRANITE counter tops, & STAINLESS steel appliances. Sold Furnished & TURN KEY, ready for you to relax & enjoy ''The ultimate Keys Life''. Call today ~ this proper ty is a must see! Hurricane, flood and homeowner's insurance: $5142.00 / year.


Presented by Monica Barrett at
Coldwell Banker Schmitt Real Estate Co.
Listing Agent Photo

Property MLS #608062 from Marathon

Bedrooms: 3

Total Bathrooms: 3.00
Full Bathrooms: 2
1/2 Bathrooms: 1

Built-in Cabinets
Window Treatments
Smoke Alarms
Storage
Granite Counter Top
Cathedral Ceilings
Drapes/Blinds Incl
Interior Amenities: Gym
Furnished Description: Furnished
Flooring: Carpet, Vinyl
Window Features: French Doors, Single Hung Windows

Dishwasher
Washer
Stainless Steel Appliance(s)
Oven
Refrigerator
Range
Microwave
Dryer

Cooling Features: Ceiling Fans(s), Heat Pump, Central Air
Heating Features: Electric

Fencing
Storage
Sprinkler System
Outdoor Shower
Lighting
Lanai
Porch Description: Deck, Open Porch/Balcony

Pool Features: Concrete, In Ground, Heated Pool: Yes

Gulf Front
Open Water
Boat Features: Boat Slip

Lot Size Acres: 0.0269284
Lot Size Square Feet: 1173

Garage Spaces: 4
Garage Description: Assigned Parking, Open Parking, Guest Parking, Carport

View: Bay/Gulf View, Open Water View, Canal View
Security Features: Electric Gate

Association: Yes
Association Amenities: Cable, Common Area Mnt
Association Fee: 1100
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 1100

Lease Term: Min Rental Days: 7.00

Community Features: Airstrip, Tennis Courts, Community Boat Ramp, Community Pool, Bike Paths, Beach

Annual Tax Amount: 7561.76
Source Listing Status: Closed
County: Monroe
Directions: US 1 to 117th St Gulf, take road as it curves to left, the gate for Indigo Reef will be on the right. Gate opens as you slowly approach. Take right at first stop sign & follow road to the end - 55.
Tax Year: 2023
Source Property Type: Residential - Condo/Townhouse
Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
Property Subtype: townhouse
Source Neighborhood: Indigo Reef Marina Homes (52.5)
Parcel Number: 00104180-001550
Subdivision: Indigo Reef Marina Homes (52.5)
Zoning: RH - Residential High
Property Subtype: Townhouse
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$560,416
$6,679
2021$237,732 + $271,737
$509,469
$5,988
2020$240,474 + $269,415
$509,889
$5,908
2019$230,932 + $304,833
$535,765
$6,162
2018$233,519 + $304,833
$538,352
$5,986
2017$236,106 + $347,800
$583,906
$6,100
2016$183,707 + $347,414
$531,121
$5,787
2015$unknown + $unknown
$439,039
$5,276
2014$unknown + $unknown
$399,127
$5,022
2013$unknown + $unknown
$362,843
$4,580
2012$unknown + $unknown
$364,170
$4,555
2011$unknown + $unknown
$389,348
$4,767
2010$unknown + $unknown
$461,676
$5,593
2009$unknown + $unknown
$674,002
$7,136
2008$unknown + $unknown
$993,596
$8,414
2007$unknown + $unknown
$1,125,967
$8,996

Sold 2024-03-29
$1,200,000
Marathon
Sold 2023-05-30
$1,200,000
Marathon
Sold 2020-10-26
$695,000
FloridaKeys
Listed 2019-11-27
$715,000
Marathon
Sold 2011-01-27
$491,000
Marathon
Sold 2010-10-06
$491,000
FloridaKeys
Price Changed 2010-05-10
$495,000
Marathon
Listed 2010-02-19
$595,000
Marathon
Listed 2010-02-19
$495,000
FloridaKeys
Sold 2006-06-14
$1,325,000
Public Record

Total Square Feet Living: 1600
Year Built: 2006
Construction Materials: Frame, Hardi Board Siding
Living Area Source: Property Data Card
Property Age: 18
Roof: Metal Roof
Levels or Stories: 2
House Style: Townhouse

Buyer to Verify
Water Separate Meter
Elect Separate Meter
FKAA
Cable Available

Marathon School is a public middle and high school located approximately 3.7 miles away.
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Stanley Switlik Elementary School is a public elementary school located approximately 4.3 miles away.
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Marathon Lutheran School is a private elementary school located approximately 0.4 miles away.
directions icon Map directions

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.