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Marathon Waterfront Condos for Sale - Condominiums, Open Water, Ocean and Bay / Gulf Views

Total Listings 55
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$949,000
Marathon
Gulfpointe   - MM: 53.50
2 Bed, 2 Baths, 1,352 SqFt Days Listed: 27
Condo - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: First Come Dock

Welcome to Gulfpointe II, a Gulf front community offering lots of amenities including great dockage, large heated and chilled pool and lots of parking. This spacious 2 Bedroom 2 Bath condo offers an open floor plan with panoramic views of the gulf from all angles. Enjoy morning coffee or evening cocktails watching the sunset over the water from one of you porches. Inside, the open-concept living room is spacious and flooded with natural light, creating a bright and airy feel. The kitchen is functional, with ample counter space for cooking and meal prep and stainless steel appliances. A large island with peninsula seating provides extra seating, perfect for dining or entertaining. The primary bedroom is a private retreat with its own half wrap-around balcony, offering a serene spot to enjoy the views. The room is spacious, with an en suite bathroom featuring double sinks and a generous closet. The guest Bedroom is equally large and comfortable with room for queen and twin beds. Offered furnished and rental ready. Located in Marathon, this condo allows 7 days rentals and offers easy access to local beaches, restaurants, and outdoor activities. With a heated and AC cooled pool, first-come dock, 8 boat slips great for family fishing with dock lights, and community pool and Gulfside views this condo is the perfect place to enjoy the best of the Florida Keys.

$995,000
Marathon
Gulfpointe   - MM: 53.50
2 Bed, 2 Baths, 1,352 SqFt Days Listed: 73
Condo - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Dock Privileges,Firs

Oceanfront Move-In Ready Home - Coastal Living Awaits! This beautifully updated, bright, and airy two-story townhome offers 2 spacious bedrooms and 2.5 baths, with breathtaking Gulf views from almost every room and on the wrap around balcony.The home is thoughtfully designed with soft coastal hues throughout and a smart, functional kitchen. Both bedrooms are located upstairs, ensuring maximum privacy and comfort. Additional features like impact-resistant glass windows and a durable metal roof offer peace of mind during storms.Enjoy the convenience of a two-car covered parking space and take advantage of being within walking or biking distance to local restaurants. Plus, owners are permitted to have two small pets, making this a truly versatile and desirable home.Located above the flood zone, this home is just steps from the sparkling community pool and private boat dock just off Vaca Cut Channel.Gulfpointe 2 allows short-term vacation rentals (7-day minimum), making it an ideal property for both personal enjoyment and rental income. If youre looking for a low-maintenance, secure, and private community, this is the perfect spot.Whether youre looking for a permanent residence, a vacation retreat, or an income-generating property, this townhome is a must-see. Dont miss out on this opportunity to own a piece of paradise!

$999,000
Marathon
Cobia Point Condo   - MM: 49.00
3 Bed, 3 Baths, 2,440 SqFt Days Listed: 48
Condo - Active - Waterfront Yes
Side of Island: Ocean - Dockage: 46ft.Concrete

Glorious views of Boot Key Harbor from your 800 sq foot wrap-a-round screened balcony. ASSIGNED BOAT SLIP conveys with this unit for up to a 40ft vessel. Luxurious, quiet condo living at its best. Split floor plan, huge master suite. Water views from living, dining, kitchen and two bedrooms. Renovations underway, kitchen and new floors are finished. Elevator, heated pool, outside shower and pool side rest rooms, tennis court, kayak storage rack. Like to fish? Cast your line off the dock or your personal boat slip. Ground floor is covered parking, unit is 1st floor above the parking. Large storage unit under the building. Walk or bike around the golf course. Centrally located in the heart of Marathon. Close to Sombrero Beach, restaurants and the Marathon Airport, all that Marathon has to offer. NO vacation rentals allowed. Quarterly does not include complex insurance. $7K is assessed in March annually for insurance Also, yearly Contingency Fund of $3K due in March.

$1,095,000
Marathon
Indigo Reef Marina Homes   - MM: 52.50
3 Bed, 3 Baths, 1,600 SqFt Days Listed: 252
-4.78% ($55,000) 1 Price Change : Last Change 29 Days Ago
Townhouse - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Assigned Dock31ft.

Indigo Reef is one of Marathons hidden gem. Nestled in the heart of coastal charm, 23 Indigo Reef is a captivating residence that seamlessly blends luxury with the tranquility of a seaside escape. This immaculate property invites you to experience the epitome of refined coastal living, offering a perfect balance of elegance and comfort.Key Features:Prime Waterfront Location: Situated along the pristine shoreline, 23 Indigo Reef boasts unparalleled views of the azure waters that stretch as far as the eye can see. The gentle lapping of waves and breathtaking sunsets become a daily spectacle from the comfort of your own home.Architectural Splendor: This residence is a testament to architectural excellence. From the moment you enter, you are greeted by an open-concept design that maximizes natural light, seamlessly connecting indoor and outdoor living spaces. The thoughtful layout ensures every room enjoys panoramic views of the surrounding beauty.Coastal Interiors: Step into a world of tranquility. The kitchen is a chefs dream, equipped with top-of-the-line appliances, while the bedrooms offer a tranquil retreat with spacious layouts and breathtaking vistas.Private Outdoor Oasis: The allure of 23 Indigo Reef extends beyond its interiors. The meticulously landscaped grounds provide a private oasis for relaxation and entertainment. Lounge on the expansive terrace, take a dip in the sparkling pool, or unwind in the shade of swaying palm trees - this property is a haven for those seeking the perfect blend of privacy and outdoor enjoyment.Waterfront Lifestyle: Boating enthusiasts will appreciate the private dock, offering direct access to the open waters. Explore the nearby coves, embark on fishing adventures, or simply cruise along the coastline - the possibilities are as boundless as the ocean. BOAT DOCK SPACE SW 31 is slip 26.

$1,099,000
Marathon
Gulfpointe   - MM: 53.50
2 Bed, 2 Baths, 1,352 SqFt Days Listed: 248
Condo - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: First Come Dock

OPEN WATER VIEWS and BREATHTAKING SUNSETS from this Gulfpointe townhome! Enjoy happy hour on the balcony and look for the green flash! Located in a tucked-away community directly of the Gulf of Mexico. Open the impact sliding glass doors on two sides of this corner unit and feel the sea breezes. Move in ready! This spacious two bedroom, two and a half bath condo has new air conditioning, new dishwasher, new bait chest freezer, and granite countertops. The common area amenities include a beautiful pool with a new heater and chiller! Newer impact windows, sliders and front door, metal roof and exterior paint. The community dock can accommodate boats up to 36 feet. Dockage is on a first come, first serve basis with owners having priority. Covered designated parking for three vehicles. Wrap-around balconies on both the main floor and upper floor with stunning Gulf views and the Vaca Cut Channel. The condo complex recently passed State of Florida certification requirements. Spalling repairs completed and no pending assessments. Weekly rental option.

$1,150,000
Marathon
Tranquility Bay   - MM: 48.50
3 Bed, 3 Baths, 1,320 SqFt Days Listed: 69
Townhouse - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: None

Tranquility and stunning Bay views await! Welcome to Tranquility Bay Resort, located in the heart of Marathon, offering resort-style amenities and outstanding rental capabilities. A rare opportunity for a corner unit, this 3-bedroom, 2.5-bath gulf front townhome is uniquely situated at the quiet, northern end of the resort, yet convenient to all of the fabulous amenities. A perfect blend of luxury and investment with no rental restrictions and a strong rental history.Step inside and be greeted by stunning open bay views from your private porch! Enjoy the extra light from additional windows afforded by the end location. This home comes fully equipped with dishes, linens, furniture, and more, making it truly turnkey. The inviting main level features a spacious living and dining area, a fully equipped kitchen, a half bath, and a balcony that leads directly to the water. Upstairs, the primary suite includes an en-suite bath and a large porch with breathtaking water views, while two additional guest bedrooms, a full bath, and a laundry area complete the second floor.Resort amenities include two pools, a sandy beach, watersports, top rated Butterfly Cafe restaurant, a Tiki Bar, and putting greens, making Tranquility Bay a top destination for visitors. Centrally located in the heart of the Florida Keys, this property is a strong income producer, recognized with multiple TripAdvisor awards.Dont let the sun set on this exceptional investment and vacation home opportunity at one of the Florida Keys most successful & sought-after resorts!

$1,166,000
Marathon
Tranquility Bay   - MM: 48.50
3 Bed, 3 Baths, 1,320 SqFt Days Listed: 3
Condotel - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: None

Welcome to a breathtaking beach house in Tranquility Bay Resort, where luxury meets profitability. This 3-bedroom, 3-bathroom waterfront townhome offers the perfect blend of a tropical escape and an income-producing investment.Nestled in an idyllic location just steps from the Gulf and pristine white sandy beaches, this stunning property boasts direct open-water views of the bay. The ground floor features a spacious living area, a convenient half bathroom, and a private porch perfect for relaxing or entertaining. Upstairs, the primary bedroom includes an en-suite bath and a large private porch with mesmerizing water views, while two additional guest bedrooms, a full bathroom, and a laundry area complete the second floor.Tranquility Bay Resort offers an array of amenities, including two resort-style pools, a sandy beach, a tiki bar for sipping cocktails while enjoying stunning sunsets, a fitness center, a Jack Nicklaus putting green, and the award-winning Butterfly Cafe. With beautifully landscaped grounds and endless opportunities for watersports, this is the ultimate destination for relaxation and recreation.As one of the top income-producing properties in the Middle Keys, Tranquility Bay Beach Homes have earned multiple TripAdvisor awards and are a favorite among guests. Owners can enjoy up to 35 days annually for personal use while generating rental income. On-site management handles all operations, providing effortless ownership and peace of mind.This turnkey property is more than a home--its your opportunity to balance personal enjoyment with smart investment potential. Experience the Florida Keys lifestyle, where relaxation and returns meet. Dont wait--your slice of paradise awaits at Tranquility Bay Resort!

$1,200,000
Marathon
Ocean Isles Fishing   - MM: 52.50
2 Bed, 2 Baths, 2,326 SqFt Days Listed: 111
Townhouse - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Dock Privileges,Boat

An Oasis by the Sea - Ocean Isles Fishing Village Unit 17Nestled in the heart of the Florida Keys, Ocean Isles Fishing Village Unit 17 stands as a testament to luxury, comfort, and opportunity. This expansive 2,326 sq ft haven is more than just a property; its a gateway to a lifestyle that many dream of but few achieve. As you step into this newly constructed unit, youre immediately struck by the sense of possibility that permeates every corner.The first thing youll notice is the quality of construction. The sturdy metal roof and impact-resistant windows provide a sense of security thats invaluable in this coastal paradise. These features not only protect against the occasional whims of Mother Nature but also contribute to the overall energy efficiency of the home, ensuring your comfort year-round.Step outside, and youre greeted by an Olympic-sized heated pool that seems to merge with the horizon. The gentle South breeze carries the salt-tinged air, creating an atmosphere of perpetual relaxation. Its easy to imagine spending countless hours here, whether youre swimming laps to start your day or floating under the stars at night.For the nautically inclined, Unit 17 offers an unparalleled advantage. With a private ramp and access to boat slips capable of accommodating vessels up to 30 feet, the azure waters of the Florida Keys become your personal playground. Imagine the freedom of setting sail whenever the mood strikes, whether for a day of fishing, a sunset cruise, or an extended adventure to nearby islands.Location is key in real estate, and Ocean Isles Fishing Village Unit 17 doesnt disappoint. Proximity to Marathon MillionaAir FBO means youre always just a short flight away from mainland conveniences or welcoming guests. Local amenities abound, with grocery stores, restaurants, and bars all within easy reach.

$1,205,000
Marathon
Indigo Reef Marina Homes   - MM: 52.50
3 Bed, 3 Baths, 1,690 SqFt Days Listed: 47
Townhouse - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Slip35ft.

VERY RARE CORNER UNIT, Freshly painted inside and out & READY TO ENJOY the Ultimate Keys Lifestyle ! Located in INDIGO REEF, a luxurious town-house style community located directly on the Gulf of Mexico just minutes from the heart of Marathon, yet quiet & tucked away from it all. Situated on over 10 Acres of private land and gated, Villa 25 boasts tons of natural light as an end/corner unit, Incredible OPEN WATER views, vaulted ceilings, quick and easy ocean access through the Vaca cut and an OPEN concept floor plan along with a BONUS room with added square footage on the main level. This OVERSIZED 3 bed/2.5 bath, 1690 Sqft. townhome comes with a deeded 35 ft boat slip located just steps away from the unit. Indigo Reef community offers a spacious HEATED resort style pool with plenty of cushioned lounge chairs, Ice machine, Kayak storage, professional GYM room and ample owners storage located in the temperature controlled HOA building with room for bikes and fishing gear. This home also comes with its own covered parking spot just steps from the front HOA building where more parking can be found along with additional storage on top. This unit comes fully furnished and is a successful weekly vacation rental. Enjoy nightly sunsets while sipping a Key lime margarita from your GULF VIEW unit! You will LOVE sitting under your covered porch while you gaze over the gorgeous BLUE tones of the Gulf & relax after a successful day out on the water. This villa was recently modernized and freshly painted inside and out. Other features include, tile flooring throughout, Large bonus room that could be converted into a 4th bedroom if desired, GRANITE counter tops & STAINLESS steel appliances. SOLD FURNISHED & TURN KEY, ready for you to rent, relax & enjoy the Keys life style all year long. Call today to make this oversized & rare corner/end unit your island dream home!

$1,250,000
Marathon
Indigo Reef Marina Homes   - MM: 52.50
3 Bed, 3 Baths, 1,600 SqFt Days Listed: 73
Townhouse - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Assigned Dock31ft.

Paradise awaits you at this beautifully appointed, nautical decor, turn key 3/2.5 townhouse. This Gulfside Villa located at Indigo Reef offers spectacular sunsets right from your back porch and balcony creating a serene and relaxing atmosphere! The 1st floor features the kitchen, dining room, living room and a half bathroom. The 2nd floor will have your 3 bedrooms and 2 baths. The fully equipped kitchen features stainless steel appliances and granite counter tops. The spacious master bedroom has a king sized bed, en-suite bathroom with a double vanity, Glassed in shower and a tub. There is a large balcony show casing endless waterfront views with a brand new trellis. The guest rooms have a queen in one and two twins in the other. The guest bathroom has a tub/shower combo. Your deeded Boat slip which is located straight out from your back porch, can accommodate a vessel up to 31ft in total length. You have fish cleaning stations throughout the new dock area that was completed in 2022. Indigo Reef is a gated community that offers a lush, tropical Florida Keys landscape as soon as you enter the property. Some of the amenities at Indigo Reef include a large pool, a fitness room, a spacious air-conditioned storage area as well as an outside storage area above your carport assigned parking space. This unit is currently in the vacation rentals with a property management company and has existing rentals. If you are looking for an investment property, look no further! All decks and railings are brand new, adding a fresh touch.

$1,275,000
Marathon
Coral Lagoon Resort   - MM: 53.00
3 Bed, 3 Baths, 1,440 SqFt Days Listed: 92
Condo - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Slip40ft.Concre

Excellent investment opportunity! Nightly rentals allowed. Beautiful 3 bedroom, 2.5 bathroom waterfront condo in the heart of Marathon. Includes slip 2, right outside your unit boasting immediate access to the Atlantic and Gulf via Vaca Cut! Upgraded Samsung appliances, in unit washer/dryer, fully furnished, turn-key ready to rent or live in!

$1,339,000
Marathon
Bonefish Towers   - MM: 54.50
2 Bed, 2 Baths, 1,751 SqFt Days Listed: 47
-1.47% ($20,000) 1 Price Change : Last Change 2 Days Ago
Townhouse - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Boat Slip40ft.

This stunning, oceanfront, desirable end unit townhome in the exclusive Bonefish Yacht Club community offers a perfect combination of luxury and resort-style living. The 34-unit complex of single family, attached townhomes is nestled on 4+ acres of meticulously maintained tropical landscaping exuding the charm of a private, oceanside retreat. This property conveys with a 40 legal, liveaboard boat slip with deep water, direct ocean access. 1,751 sq. ft. under air featuring a Gourmet chefs kitchen with stainless appliances, separate dining area and open concept living area with beautiful views of the marina and waterside balcony for dining al fresco. The master bedroom has a luxurious en suite bath, walk in closet and private waterside balcony. The guest suite also has its own private balcony, 2nd full bath and lots of closets. Ground-level garage/storage area for a car, water gear, and fishing equipment, fabulous area for an avid Anglers rods and reels. Resort-style ammenities include a large heated/chilled, fully decked swimming pool with poolside lounge chairs. The Tiki gathering area is complete with couches, tables, bathrooms and a wet bar. Tennis/pickleball court and a community beach area add to the list. A perfect blend of privacy and social spaces, ideal for a luxurious Keys lifestyle. This townhome is perfect for those seeking a low-maintenance, luxury waterfront property. Enjoy world-class amenities, breathtaking water views, and a vibrant yet serene community designed for relaxing and entertaining. This is your opportunity to live in paradise, with easy access to boating, fishing for the best of Florida Keys living.

$1,340,000
Marathon
Coral Lagoon Resort   - MM: 53.00
3 Bed, 3 Baths, 1,426 SqFt Days Listed: 16
Townhouse - Active - Waterfront Yes
Side of Island: Ocean - Dockage: Concrete

It is your time for island living in this impressive, immaculate single-family home, featuring a 40 ft deeded boat slip just steps from your large porch. Coral Lagoon is your gateway to adventure with immediate access to Vaca Cut, the Open Atlantic Ocean and the Open Gulf. Discover the allure of Coral Lagoon, a hidden treasure comprising only 25 residences, ensuring exclusivity and tranquility. Enjoy the convenience of protected dockage, a community pool and the convenience of the Boat House marina on-site. This meticulously maintained home has never before rented. It is a testament to the care and pride of ownership. The community association ensures the upkeep of the property, providing residents with peace of mind and exceptional amenities. From the lovely furnishings to the kitchen essentials, all you need is your toothbrush and bathing suit to embark on your island escape. A private pool area awaits, surrounded by lush landscaping, offering the perfect setting to swim, relax and soak in the island vibes. Your island lifestyle is complete with access to a full-service marina, rack storage and a fuel dock for all your boating needs. Dont miss the opportunity to call this slice of paradise your own. Schedule your tour today and discover island living. Boat Slip has separate Parcel ID00100360-001010 / taxes / condo fee $398 mo. Capital contributions at closing include $1,000 to Coral Lagoon Boathouse Master Association, approximately $1,200 to Coral Lagoon and approximately $800 to the Boathouse Marina Condo.

$1,399,000
Marathon
Indigo Reef Marina Homes   - MM: 52.50
3 Bed, 3 Baths, 1,600 SqFt Days Listed: 170
Townhouse - Contingent - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Slip35ft.

VERY RARE, GULF FRONT UNIT, completely MODERNIZED & READY TO ENJOY the Ultimate Keys Lifestyle ! Located in INDIGO REEF, a luxurious town-house style community located directly on the Gulf of Mexico just minutes from the heart of Marathon, yet quiet & tucked away from it all. Situated on over 10 Acres of private land and gated, villa 65 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 just steps from the unit. Indigo Reef community offers a spacious heated resort style pool with plenty of cushioned lounge chairs, Ice machine, Kayak storage, professional GYM room and plenty of owners storage located in the temperature controlled HOA building with room for bikes and fishing gear. Home also comes with its own covered parking spot just steps from the front and with additional storage on top. This unit comes fully furnished and is a successful weekly vacation rental. Enjoy nightly sunsets while sipping a margarita from your GULF FRONT unit! You will LOVE sitting under your covered porch while you gaze over the gorgeous BLUE tones of the Gulf & relax after a successful day out on the water. This villa was recently modernized and professionally decorated with a coastal chic aesthetic. Luxury vinyl wood plank flooring throughout, IMPACT windows/doors, Large custom kitchen island, Coffee bar with separate Wine/beverage fridge, Deep French Stainless steel sink, easy maintenance TREX decking on all the exterior stairs & porches, QUARTZ counter tops & island, updated bathroom vanities and coastal modern tiled showers & STAINLESS steel appliances. AC new in 2019. SOLD FURNISHED & TURN KEY, ready for you to rent, relax & enjoy. Call today to make this rare unit your island dream home!

$1,499,000
Marathon
Indigo Reef Marina Homes   - MM: 52.50
3 Bed, 3 Baths, 1,600 SqFt Days Listed: 237
Townhouse - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift,Boat Slip3

LUXURIOUS townhome in desirable INDIGO REEF located in Marathon! One of the most beautiful units in this upper end development with immaculate interior finishes and spectacular OPEN WATER views right out your back door. Take a short walk to your deeded 31 boat slip offering the only BOAT LIFT in the development. Easy bay and Atlantic Ocean access to enjoy amazing fishing, snorkeling and diving or take a boat ride to nearby waterfront restaurants. Fully furnished and spacious 3bd/2.5ba, open living area floor plan. Enjoy breathtaking sunsets from the large patio off of the living room or master bedroom. Indigo Reef offers beautifully manicured grounds with lush tropical landscaping. Assigned covered parking and enclosed a/c spacious storage area. Outstanding amenities include a resort style pool and fitness center. Weekly rentals allowed making this an amazing investment. You will truly love living the FL Keys Lifestyle in Indigo Reef! Following is a list of outstanding features.....12,000 LB custom boat lift with remote and auto stop. PVC dipped piles. 2022 Trane A/C with new composite A/C condenser platform. Foam insulated walk around attic storage, climate controlled with ceiling drop down attic ladder. Second attic storage in carport with ceiling drop down attic ladder. 2022 ADT monitored touch screen alarm system with CCTV camera system and app controlled viewing. App controlled keypad door lock and Wifi hub. App controlled A/C thermostat. Whole home Surge Protector. Sony wall mounted LED smart TVs. Built in Samsung Surround sound System in living room. Sony Surround sound in Master Bedroom. Custom kitchen wall tile, above and below LED cabinet lighting with custom cabinet crown. Matching GE Profile kitchen appliances with glass top oven. Reverse Osmosis drinking water and ice. Ultra high end silver imbedded window treatments. Exotic ceiling fans in all bedrooms and living room. Samsung washer and dryer.

The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated on 01-22-2025.
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