Marathon Real Estate Search

Newest Marathon Homes and Condos for Sale

$1,175,000
8 Beds 4 Baths 618043 MLS
Attention investors and business owners: This four-unit apartment building presents a compelling opportunity in the heart of the Florida Keys, offering immediate income with long-term strategic value. Each of the four units features a comfortable two-bedroom, one-bath layout, with long-term tenants currently in place, providing stable cash flow from day one. Each apartment is separately metered for electricity, allowing tenants to manage their own usage--an added benefit for ownership efficiency. The property also offers ample on-site parking, a valuable amenity in the Keys, along with a shared laundry facility located at the rear of the property, enhancing convenience for residents. The property is currently operating at an approximate 5.87% cap rate, with clear room for growth. Rents are presently below market, creating a realistic path for increased returns, with projections indicating the potential to achieve a 7.4%+ cap rate over time as adjustments are made in accordance with applicable guidelines. Long term, this deed-restricted affordable housing property may be particularly attractive for local employers seeking workforce housing solutions and investors focused on sustainable, community-oriented assets. Ownership may support employee retention while maintaining consistent demand in a high-need market. This offering represents a rare blend of steady income, upside potential, and long-term stability in one of the most sought-after areas of the Florida Keys.

500 22nd St Unit 1-4, Marathon

$2,299,000
4 Beds 4 Baths 613691 MLS
INVESTORS will appreciate and experience waterfront living at its finest in this beautiful 2 story residence with a ground level elevated entry that has been renovated to achieve the perfect blend of coastal living with upscale entertaining in mind. Thoughtfully designed with an open and airy interior space, and grand entrance that flows effortlessly onto two outdoor balconies makes this residence perfect for entertaining or relaxing and enjoying the bay and sunset views. Features include a beautiful granite kitchen, custom and private bar area, open concept great room and neutral tiled flooring. The spacious chef's kitchen with granite counter tops and stainless steel appliances, a second level master suite with walk in closet, en suite bathroom with jetted tub and separate shower, three well appointed guest bedrooms, 3 bathrooms and office space off the main living area. Windowed porches allow for more living space outside of air-conditioned space as well as more entertaining room. Enjoy fishing off the dock or boating in and out of the area. The nearby community park boasts a small beach, and boat ramp which can be used to launch your boat. Restricted rentals makes this community even more desirable due to less vacation rentals and more serenity. This open water bay front home is located near Marathon Airport and the property can be purchased on one lot or can be combined with two parcels for potentially more living space, a cabana accessory structure, pool, putting green, or pickle ball court. West of Marathon Airport in a gated bay side community. Buy both for future potential living space or simply enjoy the green space overlooking the Florida Bay. Additional lot can be purchase separately and is contiguous to this home on 120 Pirates Cove Drive in exclusive and gated Stirrup Key.

120 Pirates Cove Dr, Marathon

$1,898,000
3 Beds 3 Baths 618588 MLS
Experience the confidence of solid construction in this 3-bedroom, 2.5-bath canal-front residence. Built with poured, reinforced concrete, this home was designed for strength, longevity, and peace of mind—an invaluable asset in a coastal environment. From the moment you arrive, the quality is unmistakable, offering the substantial, well-built feel discerning buyers seek. The open, light-filled floor plan flows seamlessly for everyday living and entertaining, anchored by a well-appointed kitchen featuring granite countertops, custom finishes, and durable hickory cabinetry chosen to stand the test of time. Custom tilework throughout adds warmth and character, while an elevator provides effortless access between levels. Additional highlights include a cozy fireplace, dedicated upstairs office space, and a flexible layout suited to a variety of lifestyles. Boaters will appreciate the excellent dockage and quick access to open water, including a 16,000-lb boat lift accommodating vessels up to approximately 35 feet, multiple docking options, davits, and a large dock box for easy gear storage. Outdoor living is front and center, with generous space for entertaining and ample room to create a private tropical oasis—there is plenty of space to add a pool. The oversized four-car garage provides abundant storage for vehicles, boats, and water toys, while a 10,000-gallon cistern with pump adds an extra layer of water security. Downstairs, a versatile enclosed area offers endless possibilities as a tackle room, workshop, storage area, or relaxation space. Framed by concrete walls on both sides with gated rear access, the property offers privacy and security while still embracing the easygoing Florida Keys lifestyle. Whether you're seeking a full-time waterfront residence, seasonal retreat, serious boater's haven, or a weekly vacation rental opportunity, this exceptionally well-built home delivers durability, functionality, and island living at its finest.

9960 Aviation Blvd, Marathon

$939,500
2 Beds 2 Baths 617227 MLS
Waterfront Corner-Lot Gem in Little Venice. Discover refined island living in this stunning 2-bed, 2-bath waterfront residence, perfectly positioned on a corner lot in the highly sought-after Little Venice neighborhood of Marathon. Crafted with enduring CBS construction, this home seamlessly blends modern comfort, coastal elegance, and exceptional boating access. Situated on a wide, flow-through canal that leads directly to open water, this property provides effortless navigation to both the Gulf and the Atlantic Ocean, making this property a true boater's paradise. The 55-foot dock invites you to step aboard and set out for a day on the water or simply unwind with panoramic canal views framed by swaying palms and unbelievable sunsets. Step inside to find bright, open living spaces, in this beautifully updated and meticulously maintained home, which features a new roof (2022), New A/C system, and New Impact-Resistant Windows and Doors- providing peace of mind and energy efficiency. The open-concept living spaces are bathed in natural light, creating an airy, elegant atmosphere. The kitchen and living areas invite you to relax and entertain while overlooking the water. The primary suite provides private waterfront access with large walk-in closet. The corner-lot setting enhances privacy and curb appeal while offering additional outdoor living space perfect for outdoor dining, water toys, or evening cocktails by the canal. Property Highlights: • 2 Bed | 2 Bath • CBS Construction | Corner Lot • 55-Foot Dock on Flow-Through Canal • Direct Access to Gulf & Atlantic • New Roof (2022) | New A/C | New Impact Windows & Doors (2023) • Premier Boating Location in Desirable Little Venice Neighborhood Keys living where timeless design meets unmatched location. Whether you're seeking a full-time residence, vacation retreat or investment opportunity. Don't miss this turnkey opportunity! Schedule your showing today! Back on market due to buyer financing

11725 3rd Ave, Marathon

$2,950,000
4 Beds 3 Baths 617358 MLS
Experience stunning water views from this exceptional 4-bedroom, 3-bath home situated on a desirable bayside corner lot. This property offers extensive dockage with a step down, custom-built steel bumpers, accommodating multiple vessels with ease. With approximately 190 feet of waterfront, you can unwind by the beautiful swimming pool and hot tub while enjoying serene lagoon views. The home is offered fully furnished and features an updated kitchen with stainless steel appliances and quartz counters, newer A/C, impact windows, and an interior laundry room with custom cabinetry. Weekly rentals are permitted, adding excellent investment potential. Enjoy outstanding views from the living area and balcony, as well as canal views from 2 of the bedrooms. This is the perfect spot for kayaking, paddleboarding, and fishing directly from your private dock. The deep water access allows for large vessels, and there is ample parking for all your toys. A public boat ramp is conveniently located just a few blocks away. Additional highlights include a dedicated rod-and-reel room/lower-level storage area just steps from the dock, a fish-cleaning station with running water, an outdoor shower, and concrete steps providing easy kayak and paddleboard launch access. Tons of storage space downstairs on an oversized lot. This is a true boater's paradise--perfectly equipped for relaxation, recreation, and coastal living at its finest.

123 W Bruce Ct, Marathon

$1,799,000
3 Beds 4 Baths 618287 MLS
Welcome to Aqua Vista, a sophisticated waterfront retreat built in 2021, offering sweeping open-water views of the Atlantic Ocean and the ultimate Florida Keys lifestyle. Designed to blend contemporary coastal architecture with refined comfort, this exceptional residence features three bedrooms and three-and-a-half baths—ideal as a private luxury home, second residence, or high-performing investment property. From the moment you enter, expansive glass invites endless ocean views and floods the home with natural light. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a refined yet inviting atmosphere for entertaining or relaxed coastal living. The chef's kitchen is both elegant and functional, appointed with stainless steel appliances, sleek stone countertops, and custom cabinetry—all framed by stunning water views that elevate every culinary experience. The primary suite is a serene sanctuary with sweeping ocean vistas and a spa-inspired ensuite bath featuring a soaking tub, separate glass-enclosed shower, and upscale finishes. Outdoor living is exceptional, with a covered waterfront terrace ideal for alfresco dining, morning coffee, or sunset cocktails. A sparkling private pool and sun-drenched patio overlook approximately 45 feet of seawall along a deep-water boating canal, offering quick access to both the Atlantic Ocean and Florida Bay—perfect for boating, fishing, and paddleboarding. Aqua Vista also offers a strong rental revenue history, providing the rare opportunity to enjoy a personal waterfront escape while benefiting from impressive income potential. Aqua Vista is more than a home—it's a front-row seat to luxury waterfront living in the Florida Keys.

1140 92nd St, Marathon

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Marathon Homes for Sale

With a fabulous location in the middle of the stunning Florida Keys, the ten-mile-long family-oriented community of Marathon, Florida, encompasses Grassy Key, Fat Deer Key, and Vaca Key. Visitors, snowbirds, and residents alike enjoy the retro community’s Old-Keys lifestyle, fishing heritage, and seafaring traditions. You’ll see these nautical themes honored in Marathon’s accommodations, including tropical family-style resorts, beachside inns, small hotels, and private waterfront vacation homes. You’ll also see it celebrated in its waterside restaurants and annual seafood festivals which feature stone crab claws, lobster, and fresh fish from local waters.

This family-friendly city is particularly popular among anglers who flock to the area in the winter for tuna and billfish, in the summer for dolphin fish, and in the spring for bridge-hugging tarpon. It is also one of the most marine-friendly cities in the Keys with one thousand two hundred dry slips and one thousand two hundred wet slips, in addition to large facilities for transient cruisers. Adding to its appeal, Marathon City Marina has two hundred and twenty-six mooring balls and limited dockage, earning it the reputation for being a jewel for Keys’ cruisers. Other features of the marina include parking, coin-operated laundry, social center, bathroom facilities, showers, storage, and two dinghy docks. Beyond fishing and boating, other recreation options in Marathon include paddle-boarding, kayaking, jet-skiing, snorkeling, diving, and swimming with dolphins.

Homes for sale in Marathon are as diverse and desirable as the area’s outstanding services and amenities. There are gorgeous luxury homes in Marathon, including homes on private islands. Marathon real estate also includes oceanfront estates, multi-family homes, townhouse communities, vacant land, and boat slips. Likewise, many Marathon properties offer ocean or bay access, some with boat slips and launches. We would love to assist you with your Marathon home or vacation rental search, so please contact us today so we can share details about specific properties available in Marathon, Florida.

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