Flamingo Island (49.5) Homes with FHA Finance Terms

Welcome to Flamingo Island, a hidden gem nestled in the heart of Marathon, Florida! This enchanting subdivision offers a unique blend of coastal charm and modern living, making it the perfect place to call home. With its picturesque canals and lush tropical landscaping, Flamingo Island is a paradise for nature lovers and water enthusiasts alike. Imagine waking up to the gentle sound of waves lapping against your dock, with easy access to the sparkling waters of the Florida Keys.

The homes in Flamingo Island are designed to embrace the laid-back lifestyle that the Florida Keys are known for. With a variety of architectural styles, from charming beach cottages to contemporary waterfront properties, there’s something for everyone. Each home is thoughtfully crafted to maximize outdoor living, featuring spacious decks, private pools, and stunning views of the surrounding landscape.

One of the standout features of Flamingo Island is the availability of FHA finance terms, making it easier for prospective homeowners to secure their dream property. Whether you’re a first-time buyer or looking to invest in a vacation home, the flexible financing options provide a pathway to ownership in this idyllic community.

Living in Flamingo Island means embracing a lifestyle filled with outdoor adventures, from fishing and boating to snorkeling and kayaking. With nearby parks, restaurants, and boutique shops, you’ll find everything you need just a stone’s throw away. Come experience the allure of Flamingo Island, where your dream home awaits in the vibrant, sun-soaked paradise of Marathon, FL!

Newest Flamingo Island (49.5) Homes with FHA Finance Terms

$2,149,000

3 Beds ⋅ 3 Baths ⋅ 620284 MLS

The Boater's Dream. Navigate the Marathon waters with ease right from your backyard. This property features a 55-foot, new composite dock situated on a deep canal, paired with a 20,000 lb boat lift. Embrace the sunshine in your private, fenced-in backyard. The grounds feature a heated in-ground pool, a screened patio, and a custom outdoor kitchen with a built-in outdoor kitchen--the perfect setup for hosting post-fishing dinners. The property is solid concrete construction and also boasts a brand-new metal roof for ultimate peace of mind. Massive storage, workshop, and garage. The stunning main living area is perched on the second floor, maximizing the beautiful canal views. The open-concept design seamlessly connects the living room to a gourmet kitchen outfitted with granite countertops, stainless steel appliances, a wine cooler, and custom cabinetry. The second floor also hosts two bedrooms and two bathrooms, including the spacious master suite. Fully furnished and fortified with impact-resistant doors and windows (plus accordion and Bahama shutters), this home is move-in ready. An interior staircase leads down to a highly desirable feature: a legal, above-flood ground-floor bedroom and full bathroom. An additional bonus room could easily be the fourth bedroom. The lower level is incredibly practical, offering a fully equipped garage, a dedicated storage room, and a workshop for all your maritime gear and tackle. This home is eligible for seven night rentals and would make a tremendous vacation rental investment.

969 Ocotillo Ln, Marathon

$2,799,000

4 Beds ⋅ 4 Baths ⋅ 620204 MLS

Experience luxury waterfront living in this custom-built, new construction two-story concrete home featuring 4 bedrooms and 4 private en-suite baths. Designed for entertaining, the open-concept layout seamlessly blends indoor and outdoor living. The chef's kitchen boasts top-of-the-line stainless steel appliances including double convection ovens, Smart refrigerator, dishwasher, vented range hood, prep sink, wine chiller, quartz countertops, custom cabinetry, and a large island. Porcelain tile flooring, custom fixtures, LED lighting, and abundant natural light enhance every space. A first-floor en-suite bedroom offers balcony access overlooking the pool, dock, and water. The dramatic floating staircase with custom LED chandelier leads to three additional en-suite bedrooms upstairs. The primary suite features a floating soaking tub, double vanity, custom porcelain tile shower, and MOEN programmable multi-head shower system with smartphone controls. Additional features include impact windows and doors, web-enabled security camera system, 4K Smart TVs in every room, 8-foot interior doors, two 3-ton 16 SEER A/C units, standing seam metal roof, aluminum railings, and expansive balconies on both levels. Situated on an oversized 11,319 sq. ft. corner lot, the property includes a 12' x 26' pool with custom pavers, two stairways to the outdoor living area, and a 36 foot dock completed in January 2024. Located in the desirable Flamingo Island neighborhood of Marathon, just minutes from Sombrero Beach, dining, shopping, and entertainment. Enjoy quick access to open water, world-class fishing, boating, diving, and the crystal-clear turquoise waters of the Florida Keys. Built to impress and built to last, this exceptional waterfront retreat offers the ultimate Florida Keys lifestyle. Adjacent property at 837 Copa D'Oro is also available, featuring an 8,200 sq. ft. lot and 50-foot dock.

835 Copa D Oro, Marathon

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