Indigo Reef is a 67 unit townhouse gated community situated on over 10 acres in Marathon. This beautiful and private location is the perfect spot for your second home in the Keys or to live year round.

Directly on the Gulf of Mexico, you will enjoy fantastic water views and breathtaking sunsets.

Each unit has a Gulf view and a 35′ deeded dock, for up to a 31′ boat.  All units are identical in layout and all are 3 bedrooms, 2.5 baths and 1600 sq. ft.

You can rent these homes weekly for vacation rental income. There is no on-site rental office.  You can choose which rental agent or company to use.

Aerial

Indigo Reef-Marathon FL-for sale-listings

  • Built in 2006
  • Frame construction with metal roofs
  • These are Townhomes, not Condos.  Monthly HOA fee does not include insurance.  Contact me for estimate of expenses.
  • 3 bedrooms, 2.5 baths, 1600 sq. ft. of living area
  • 35′ deeded dock – maximum boat permitted by HOA is 31′.  No boat lifts permitted.
  • Gulf of Mexico views
  • Tile floors
  • Granite counters and stainless appliances in the kitchen
  • Small fitness room in the community building
  • Rent weekly for income, choose the rental agent you want.  Typical rental commission is 20%.

Indigo sunset

Currently Listed For Sale – Be sure to click on the address to view the current status. It could be under contract – “pending”.

First-time on my website?  Welcome! At some point in your search for properties, you’ll be asked to register and create an account or “portal”.  By registering, you have access to free search tools including the ability to save listings and property searches and to email me directly about a property.  Contact me if you have any questions at 305-766-1745 or by email. Thank you!

While you’re here, sign up for my Weekly Market Report – each Friday, receive in your Inbox:  new listings, price changes, sales, pending sales, back on the market, “What I Would Buy” (good deals) & more!  It’s my clients’ favorite Friday email!  

Pool

I’m the Indigo Reef expert! As of December 2015, I have sold 18 homes in Indigo Reef! If you want to sell or buy, you need to call me!

CLICK THIS LINK TO VIEW RECENT SALES **Tip:  Once you are looking at the sold list, you can sort the list by Sold Date, Price, etc.  by clicking on the appropriate heading.

A little on the history of Indigo Reef:  Original owners purchased directly from the developer and paid from $1.1 – 1.6M.  Thus, when the market went down, many found themselves in a short sale or foreclosure.  Between 2009 and 2011, there were 29 distressed sales and 3 regular sales. In 2012 there were 3 distressed sales and 3 regular sales ($530,000, $550,000 and $650,000).  In 2013, there were 7 sales (5 distressed).  The majority of these distressed sales are now gone and prices are beginning to increase, as the demand for these properties has always been high.

 

Townhouse

The homes are townhouses, and are considered like a single family home.  They are not condos.  Each unit is responsible for paying their own insurance and taxes and pays a homeowner association fee to take care of the common grounds.

Relax and enjoy the views

Indigo Reef Row

Indigo Reef gate

The pool is large with room for many and is situated among tropical landscaping.

Indigo Reef pool

Each townhome has their own covered parking space.   There is additional parking space available as you enter the property.  There are also 9′ x 9′ air conditioned storage spaces, located in a separate building on site (subject to availability).

Indigo Carport

Indigo Reef resort map marathon fl

Click here to find out the boat slip assignments for each townhome