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949 24th Street Ocean, Marathon, FL 33050
$1,699,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,368
Lot Size (sq. ft.):
3,850
Status:
Closed
Current Price:
$1,699,000
List Date:
6/19/2025
Last Modified:
1/16/2026
Description
Brand-New Waterfront Vacation Rental with $160K in Booked 2025 Revenue! Fully Furnished & Turn-Key.
Slack Tide Cove is a stunning, income-producing waterfront home in Marathon, Florida. Completed in 2024, this CBS concrete new construction features high-quality finishes, custom steelwork, and organic modern coastal design. The property is fully furnished and turn-key, actively operating as a vacation rental with $160,000 in gross rental income already on the books for 2025.
The 3-bedroom, 2.5-bath layout offers open, sunlit living spaces and seamless indoor-outdoor flow. Enjoy unobstructed water views with no neighbors across the canal, a brand-new 50 ft. concrete dock, and new seawall with underwater dock lights, and completed with a heated or chilled pool. Ocean lovers will appreciate the direct access to the Atlantic and easy boating to the Gulf via the iconic 7 Mile Bridge.
Custom fence material is included. Buyer to complete installation and grade beam at their cost. Shipping cost to be negotiated between parties. No permit has been opened for this project so there is no delay in closing!
Whether you're looking for a luxury Keys escape, a high-performing investment property, or both, Slack Tide Cove is your perfect piece of paradise.
More Information MLS# 615489
Contract Information
Current Price: $1,699,000
Listing Date: 2025-06-18
Listing Board: Marathon/Lower Keys
Sold Price: $1,699,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
Street #: 949
Street Name: 24th Street Ocean
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Vaca Village (49.5)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 2024
Lot SqFt: 3850
Lot Sqft Source: Property Data Card
Living Apx SqFt: 1368
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 2
Half Baths: 1
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 7
Status Change Info
Sold Date: 2025-07-23
Sold Price: $1,699,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
Transient Rntl Licns: Yes
Dockage
Dock Length: 50
Dock: Concrete
Seawall: Concrete
Building Style
Above Flood: Unknown
Stories: 1 Story
Pool Info
Other: Chiller
Heated: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View; Harbor/Marina View; Ocean View
Property Condition: New Construction
Furnished: Furnished
Cooling: Central Air
Utilities: Buyer to Verify; Elect Separate Meter; FKAA
Interior Features: Pantry; Smoke Alarms
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing; Lighting
Pool Info: In Ground; Concrete
Construction: CBS; Concrete
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA
Documents
Listing Office: Engel & Völkers Marathon
Last Updated: January - 16 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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