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.
Sold for $1,699,000 on 07/23/25
$1,699,000
949 24th St, Marathon, FL 33050
3beds
1,368sqft
Single Family Residence
Built in 2024
3,850 Square Feet Lot
$1,699,600 Zestimate®
$1,242/sqft
$3,840 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 07:20am
Listed by:
Milly A Perez 305-363-8869,
Engel & Volkers Marathon
Bought with:
outside of mls
Outside Of MLS
Source: FLKMLS,MLS#: 615489
Originating MLS: Marathon/Lower Keys

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Pantry
- Flooring: Tile
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 1,368 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Lighting
- Has private pool: Yes
- Pool features: Heated, In Ground, Concrete
- Fencing: Fenced
- Has view: Yes
- View description: Ocean, Harbor/Marina View, Canal
- Has water view: Yes
- Water view: Ocean,Harbor/Marina View,Canal
- Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 50
Lot
- Size: 3,850 sqft
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00102220000000
- Zoning: RM
- Zoning description: Residential Medium
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
- Roof: Metal
Condition
- New Construction
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Marathon
- Subdivision: Vaca Village (49.5)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,FHA,Conventional