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Oceanfront Luxury at Ocean Isles Fishing Village! Private Marina and Boat Ramp. Welcome to Unit 111--a masterclass in elevated condo island living. Built brand-new in 2022, this stunning 1-bedroom, 2-full bathroom, 850 sq ft oceanfront condo delivers the ultimate Florida Keys lifestyle. With the gated complex prime due-south orientation, you'll wake up to expansive, views of the Atlantic Ocean right from your downstairs balcony, and private master suite balcony. Step inside this two-story sanctuary to find a meticulously crafted open-concept living space. The first floor features a fully equipped kitchen with granite countertops, elegant coastal flooring, and a pristine full bath. Upstairs, the oversized master suite serves as your private retreat, complete with a second full bathroom and panoramic ocean vistas. Built high above flood elevation with solid CBS construction, impact windows, and a metal roof, this turnkey property offers total peace of mind. What truly sets this property apart is the highly coveted 7-night minimum rental allowance. This is a massive advantage in the FL Keys market, offering incredible short-term rental income potential when you aren't soaking up the sun yourself. The 7-acre gated resort amenities are unparalleled in the Middle Keys. Spend your afternoons at the Olympic-sized elevated waterfront pool, boasting some of the most stunning ocean views in town. Boaters will love the on-site, newly updated marina, private boat ramp, assigned slips, and fish-cleaning stations. Unwind under the tiki huts, host friends at the outdoor grilling areas, or relax in the air-conditioned community clubhouse. Whether you're looking for a high-performing vacation rental or your own slice of paradise, this is your gateway to the Keys dream.

Highlights

  • Residential
  • Condominium
  • Built in 2022
  • $777/mo HOA
  • Waterfront
  • 120 days on Market

  • Bedrooms
    1
  • Bathrooms
    2
  • Year Built
    2022
  • Architectural Style
    Townhouse
  • Parking Features
    Covered, Carport, Storage, Assigned, Guest
  • Interior Features
    Pantry
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range, Oven, Stainless Steel Appliance(s)
  • Flooring
    Laminate, Vinyl
  • Furnished
    Unfurnished
  • Exterior Features
    Storage
  • Patio And Porch
    Porch
  • Pool Features
    In Ground
  • Security Features
    Smoke Detector(s), Security Gate
  • Cooling
    Ductless
  • Heating
    Ductless

  • Water Front Features
    Ocean Front
  • Water Front
    Yes
  • View
    Ocean
  • Utilities
    Cable Available

  • Area
    16 - Sombrero Bch Rd to Vaca Cut - Oceanside
  • County
    Monroe
  • City
    Marathon
  • Neighborhood
    Ocean Isles Fishing (52.5)
  • Zip Code
    33050

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Frequently Asked Questions

How do I schedule a tour of 10877 Overseas Hwy #111?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 10877 Overseas Hwy #111.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 10877 Overseas Hwy #111?

Click Ask a Question to talk with our team. You already know it is a 1 bed, 2 bath, listed for $645,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Marathon, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 10877 Overseas Hwy #111?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 10877 Overseas Hwy #111 at around $4,042. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 10877 Overseas Hwy #111?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Monroe County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 10877 Overseas Hwy #111?

In most cases, yes. Whether 10877 Overseas Hwy #111 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Marathon's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 10877 Overseas Hwy #111?

We can handle that for you. Our preferred local agent specializes in residentials in Marathon and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $645,000 with 850 sqft of space—that comes out to approximately $759 per square foot.

How long has this property been on the market?

10877 Overseas Hwy #111 was listed on July 11, 2026, which means it's been on the market for 120 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2022, making it approximately 4 years old.

What are the property taxes for 10877 Overseas Hwy #111?

The most recent public record shows annual property taxes for 10877 Overseas Hwy #111 were approximately $4,457. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $777 paid monthly.

Is 10877 Overseas Hwy #111 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Florida Keys Board of REALTORS®, Inc.