Back to Search
11600 1St Avenue Gulf 23 photo 1
11600 1St Avenue Gulf 23 photo 2
11600 1St Avenue Gulf 23 photo 3
11600 1St Avenue Gulf 23 photo 4
11600 1St Avenue Gulf 23 photo 5
11600 1St Avenue Gulf 23 photo 6
11600 1St Avenue Gulf 23 photo 7
11600 1St Avenue Gulf 23 photo 8
11600 1St Avenue Gulf 23 photo 9
11600 1St Avenue Gulf 23 photo 10
11600 1St Avenue Gulf 23 photo 11
11600 1St Avenue Gulf 23 photo 12
11600 1St Avenue Gulf 23 photo 13
11600 1St Avenue Gulf 23 photo 14
11600 1St Avenue Gulf 23 photo 15
11600 1St Avenue Gulf 23 photo 16
11600 1St Avenue Gulf 23 photo 17
11600 1St Avenue Gulf 23 photo 18
11600 1St Avenue Gulf 23 photo 19
11600 1St Avenue Gulf 23 photo 20
11600 1St Avenue Gulf 23 photo 21
11600 1St Avenue Gulf 23 photo 22
11600 1St Avenue Gulf 23 photo 23
11600 1St Avenue Gulf 23 photo 24
11600 1St Avenue Gulf 23 photo 25
1 / 25

11600 1St Avenue Gulf 23

Marathon, FL, 33050

Active

$999,000

3

Bedrooms

3

Bathrooms

1,600 sqft

Living Area

2006

Year Built

$1,219

HOA / Monthly

2

Days on Market

Dock & Water AccessMLS

Bay FrontGulf FrontCanal FrontOpen Water

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

THE LOWEST-PRICED UNIT CURRENTLY ON THE MARKET AT INDIGO REEF, OFFERED UNDER $1 MILLION! An incredible opportunity to own in one of Marathon's most sought-after Gulf-front communities at a price rarely seen. Fully Furnished, turn-key, and ready for its next owner! Tucked away on more than 10 acres along the Gulf of Mexico, Indigo Reef offers the perfect combination of privacy, resort-style amenities, boating, and convenience, all just minutes from the heart of Marathon. Villa 23 is a spacious 3-bedroom, 2.5-bath townhome offering approximately 1,600 sq. ft., an open-concept floor plan, vaulted ceilings in the primary bedroom, and beautiful, unobstructed Gulf views from inside the villa and its covered porches. Freshly painted interior in 2025, the home features tile flooring, granite countertops, stainless steel appliances, and comes fully furnished and turn-key. For boaters, a separately deeded 35-ft boat slip conveys with the property and is located just steps from the villa, with quick access to both the Gulf and Atlantic through Vaca Cut. Spend the day fishing or boating, then come home, pour a Key lime margarita, and watch another unforgettable Keys sunset from your own Gulf-view porch. Indigo Reef offers a heated resort-style pool, fitness room, ice machine, kayak storage, lush tropical grounds, gated entry, and generous owner storage in the climate-controlled HOA building with room for bikes, fishing gear, and more. The villa also includes a covered parking space conveniently located near the unit, with additional parking available. Weekly vacation rentals are permitted, offering flexibility as a vacation home, investment property, or your own private Keys escape. With open-water views, deeded boating, resort-style amenities, weekly rental potential, furnishings included, and a price under $1M, Villa 23 represents an exceptional opportunity at Indigo Reef. Don't miss your chance to own a piece of the Keys lifestyle at an incredible value. 3D tour ava

Schedule a Showing

See the property. A licensed waterfront specialist will arrange your private showing.

Select a date

Location

Marathon, FL, 33050

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of Coldwell Banker Schmitt Real Estate Co. via Florida Keys MLS

Last checked: 40 minutes ago

Listing updated: August 27, 2026

© 2026 Florida Keys Board of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearest Bridge Clearances

Florida Keys, critical for tall/large vessels

No bridge data available for this location.
FEMA Flood Zone AE
BFE: 9ft

Special Flood Hazard Area

View FEMA Flood Map →

Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$199,800 down

%
Principal & Interest$5,184/mo
Property Tax (est. ~1.2%, varies by county)$999/mo
Home Insurance (est.)$250/mo
HOA Fees$1,219/mo
Total Monthly Payment$7,652
Loan Amount: $799,200Rate: 6.75%
Get Pre-Qualified

Estimated payments only. Actual rates and terms may vary.

$999,000Tour the dockSchedule a Showing