2394 Coco Plum Drive, Marathon, FL 33050

$11,000,000
Property Type: Commercial Sale Bedrooms: 18 Baths: 21 Lot Size (sq. ft.): 1 Status: Active
Current Price: $11,000,000 List Date: 12/03/2025 Last Modified: 12/03/2025

Description

Welcome to an unparalleled collection of THREE designer residences on one of the most exclusive waterfront parcels in the Florida Keys. Located just steps from Coco Plum Beach and the Atlantic Ocean, this rare investment opportunity is the ultimate blend of luxury, lifestyle, and income potential. Professional Designed and built by D'Asign Source in 2019, each residence is a testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship. Each of the three homes spans off 4,066 square feet and features 6 spacious bedrooms and 6.5 bathrooms with custom millwork and designer fixtures. The interiors are professionally furnished with a curated blend of comfort and elegance, complemented by expansive ceiling heights, open-concept living areas and balconies throughout. Designed with privacy in mind, each home includes its own private pool, tiki hut, and a dock offering deepwater and direct ocean access. Impact windows and doors provide storm security and peace of mind, while each home offers three (3) air conditioning units to ensures optimal climate control on each level. Boating an abundance of storage on each level, an oversized laundry room, walk in pantry and en- suite accompanying each room. Whether you envision a serene family compound, a luxury short-term rental business, or an exclusive corporate retreat, this property offers incredible versatility and value. Zoned for weekly rentals, the income potential is substantial, making this one of the most attractive investment opportunities in the Florida Keys. With seller financing available up to 50% of the purchase price, acquiring this rare trophy property is as strategic as it is luxurious. ALSO AVAILABLE TO PURCHASE INDIVIDUALLY (See MLS #615435, 615436, 615437)

More Information MLS# 615102

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $11,000,000 Listing Date: 2025-05-21 List Price: $11,000,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 54.6 Marathon Neighborhood: Coco Plum Side: Ocean Flood Zone: AE8 Alternate Key #: 8902808 Parcel #: 00366031-000100 Bldg Nbr: 1-3 Zoning: RM - Residential Medium Legal: BK 20 LT 1-A AND WLY 75FT OF CANAL LYING NLY AND CONTIGUOUS COCO PLUM BEACH RE-PLAT 1 PB7-68 Taxes: 47825 Tax Year: 2024 Street #: 2394 Street Name: Coco Plum Street Suffix: Drive Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Coco Plum (54.6) County: Monroe Area: 18 - East of Holiday Inn US #1 & Coco Plum

General Property Description

Realtor.COM Type: Multi-Family Waterfront: Yes Control Depth: 7 Lot Size: 57,135 sq ft Lot SqFt: 0.6 Total Units: 3 Year Established: 2018-12-31 Off Street Parking: yes # Stories: 3 SqFt Source: Property Data Card Total # Buildings: 3 Building SqFt: 12198 Style: Commercial Year Built: 2019 Total Bedrooms: 18 Full Baths: 18 Half Baths: 3 Total Baths: 21

Remarks & Misc

Remarks – Consumer: Welcome to an unparalleled collection of THREE designer residences on one of the most exclusive waterfront parcels in the Florida Keys. Located just steps from Coco Plum Beach and the Atlantic Ocean, this rare investment opportunity is the ultimate blend of luxury, lifestyle, and income potential. Professional Designed and built by D'Asign Source in 2019, each residence is a testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship. Each of the three homes spans off 4,066 square feet and features 6 spacious bedrooms and 6.5 bathrooms with custom millwork and designer fixtures. The interiors are professionally furnished with a curated blend of comfort and elegance, complemented by expansive ceiling heights, open-concept living areas and balconies throughout. Designed with privacy in mind, each home includes its own private pool, tiki hut, and a dock offering deepwater and direct ocean access. Impact windows and doors provide storm security and peace of mind, while each home offers three (3) air conditioning units to ensures optimal climate control on each level. Boating an abundance of storage on each level, an oversized laundry room, walk in pantry and en- suite accompanying each room. Whether you envision a serene family compound, a luxury short-term rental business, or an exclusive corporate retreat, this property offers incredible versatility and value. Zoned for weekly rentals, the income potential is substantial, making this one of the most attractive investment opportunities in the Florida Keys. With seller financing available up to 50% of the purchase price, acquiring this rare trophy property is as strategic as it is luxurious. ALSO AVAILABLE TO PURCHASE INDIVIDUALLY (See MLS #615435, 615436, 615437)

Deed Restrictions

Affordable Housing: 1

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

# of City License: 3

Type

Apartment 3 or more: 1

Fee Includes

None: 1

Dockage

Dock: Wood

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Property Info

# Kitchens: 3

Cooling

Central Air: 1

Waterfront

Canal Front: 1

Waterview

Ocean View: 1

Floor

Carpet: 1 Combo: 1 Tile: 1

Interior Features

Drapes/Blinds Incl: 1 Entrance Foyer: 1 Furnished: 1 Laundry Room: 1 Pantry: 1 Wet Bar: 1

Windows/Doors

Impact Rstnce Doors: 1

Vehicle Storage

Car(s): 4+ Off Street Parking: 1

Construction

CBS: 1

Land Size

1/2 - Less Than 1 AC: 1

Terms

Seller Finance Psble: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Separate Meters: 1

Miscellaneous

Chickee Hut: 1 Open Water View: 1 Patio: 1 Pool: 1 Sprinkler System: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Contingent: None Status: Active

Property Features

Deed Restrictions: Affordable Housing Type: Apartment 3 or more Waterfront: Canal Front Waterview: Ocean View Vehicle Storage: Off Street Parking Cooling: Central Air Utilities: Buyer to Verify; FKAA; Separate Meters Interior Features: Drapes/Blinds Incl; Entrance Foyer; Furnished; Laundry Room; Pantry; Wet Bar Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Miscellaneous: Chickee Hut; Open Water View; Patio; Pool; Sprinkler System Construction: CBS Floor: Carpet; Combo; Tile Roof: Metal Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None Terms: Seller Finance Psble
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Last Updated: December - 03 - 2025
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.