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$7,000,000
618926 MLS
'United States Bankruptcy Auction. The Listing Price is for MLS Purposes only. The Auction will take place Live via Zoom on Thursday, September 10, 2026 at 11 AM ET. Bidder Registration Packages and Qualifying Deposits are due on or before Tuesday, September 8, 2026 at 5:00 PM ET. https://www.dropbox.com/scl/fo/6zvlde9vkafsi4gyurrge/AFbZzVpEx4s1umkeSKne1Us?rlkey=9ejdq1stq5w01ifjwsdhdrzyh&st=nzppom5j&dl=0 Rare oceanfront development opportunity in the heart of the Florida Keys. Encompassing nearly 6 acres of pristine oceanfront land in Grassy Key, this exceptional parcel presents an ideal canvas for developers seeking to create luxury residential units with direct oceanfront and beach access. Surrounded by unspoiled natural beauty and tranquil beaches, the property offers immediate proximity to shopping, fine dining, spas, marinas, and world-class boating. Residents will enjoy unparalleled access to deep-sea fishing, scuba diving, snorkeling, and vibrant coral reefs, all set against the backdrop of the Keys' iconic turquoise waters. Located in Marathon, often referred to as the Heart of the Florida Keys, the site benefits from a highly desirable central Keys location, conveniently positioned between the Upper Keysâ€''such as Islamoradaâ€''and the Lower Keys, including Key West. Marathon is known for its rich maritime history, local airport, and accessibility, serving as a central hub comprising islands such as Vaca Key, Duck Key, and Grassy Key. A truly rare offering combining scale, location, and oceanfront presenceâ€''an exceptional opportunity to develop a legacy project in one of Florida's most coveted coastal destinations. Please read the broker's remarks for detailed information on this offering.

57478 Overseas Highway, Marathon
$1,649,999
2 Beds ⋅ 2 Baths ⋅ 618917 MLS
1 Ave F, Marathon, FL 33050. Beautiful canal front home for sale in Marathon Florida. This inviting property features a spacious lanai, stretching across the back of the home, offering serene views of the canal and out to the open ocean great for relaxing and entertaining. Inside you'll find an open area and airy living room, dining room, and kitchen designed for effortless gatherings and coastal living. The home has two comfortable bedrooms and two full baths. The generous carport easily accommodates up to four vehicles and includes an underground storage shed for added convenience. A wonderful opportunity to enjoy the Florida Keys lifestyle with water views, boat slip, ample space and exceptional outdoor living with no HOA fees.

1 Ave F, Marathon
$2,995,000
6 Beds ⋅ 6 Baths ⋅ 616770 MLS
Luxury Waterfront Estate & Premier Vacation Investment - Marathon, FL Introducing The SaltyLime, a rare new-construction waterfront estate completed in 2024 and designed to deliver both tropical elegance and outstanding rental performance. This fully turnkey 6-bedroom, 6-bath property blends the relaxed lifestyle of the Florida Keys with resort-style amenities and seamless indoor-outdoor living. The main house features three spacious king suites and a custom nautical themed bunk room, while two detached bungalows each offer private king suites with individual climate control, creating accommodations for up to 14 guests. Every detail has been thoughtfully designed, from the professionally styled interiors to the island-inspired kitchen with a bar area for entertaining. Outside, expansive living spaces include a heated and cooled saltwater pool and spa, a two-story tiki deck, expansive outdoor living area, and 90 feet of deep-water dockage with slips for up to four boats. As an investment, The SaltyLime has proven itself from the start, generating 32 weeks booked and more than $235,000 in its first year and has already secured over $280,000 in current and future reservations, all supported by a flawless 5-star guest review record across all platforms. The estate comes fully furnished and rental-ready, complete with branding and website, décor, future bookings and systems already in place, making it an effortless transition for new owners. Perfectly suited for boaters, anglers, and families alike, this property is more than a vacation home—it's a high-performing asset and a slice of Keys paradise ready to be enjoyed

398 70th St, Marathon
$1,999,999
3 Beds ⋅ 2 Baths ⋅ 614056 MLS
Discover an extraordinary waterfront oasis in the heart of the Florida Keys. Located just moments from the pristine sands of Sombrero Beach, this elegant estate blends modern sophistication with the relaxed charm of coastal living. Designed for the discerning buyer, every detail of this property reflects luxury, comfort, and an unparalleled boating lifestyle. Elevated foundation - permitted for finished interior living space, unlike many other properties in the area. Expansive Two-Story Detached Garage - At 50 feet in length, this impressive structure is ideal for storing all your Florida Keys toys--boats, jet skis, and luxury vehicles or even your class A motorcoach. Composite Dock & Boat Lift with 69 feet of premium dockage, enjoy easy deep-water access to the Atlantic Ocean. The 18,000 lb. boat lift is perfect for safeguarding your vessel while offering effortless on-the-water adventures. Two-Car Garage An additional attached two-car garage provides even more space for vehicles and storage. There is a new condenser coil in the AC unit, a new tankless hot water heater and a new whirlpool washer and dryer. Whether you're an avid boater, a beach lover, or simply seeking a private retreat, this estate delivers a lifestyle where every day feels like a vacation. Schedule your private tour today and experience the best of Marathon's waterfront luxury. Live where others vacation - 415 Sombrero Beach Rd is your gateway to paradise.

415 Sombrero Beach Rd, Marathon
$1,975,000
616648 MLS
Vacant Bay Side Lot with Dock Slip - Marathon, FL Build your dream home in the heart of the Florida Keys! This vacant lot on the bay side offers a rare opportunity to create your own tropical retreat. Enjoy direct access to the water with an assigned boat dock slip—perfect for boating, fishing, and soaking in stunning Keys sunsets. Located in a desirable Marathon community, this property combines convenience with the unmatched beauty of island living. Whether you're planning a full-time residence, vacation home, or investment property, this lot provides the perfect foundation for your vision.

990 41st St Unit 7, Marathon
$2,975,000
5 Beds ⋅ 5 Baths ⋅ 608751 MLS
CONSTRUCTION COMPLETE! MOVE-IN AND RENTAL READY! SeaGlass Cove is a brand-new luxury, gated island community located in the heart of the Florida Keys; adjacent to Duck Key. A rare find of just 14 new construction residences offering direct Atlantic Ocean views, a resort-style pool, pickleball court, sandy beach with the flexibility of a weekly rental. The first floor offers a private two-car garage and covered cabana with spacious outdoor living space that leads out to the pool deck and beach. The second floor features an open floor plan with spacious kitchen, dining, and great room all overlooking the Atlantic Ocean. One en-suite bedroom on this floor provides seclusion for guests. On the top floor, you'll find the primary suite with a luxurious spa bath, a second guest suite and two additional guest bedrooms that share a bath. Luxuriously finished with high-end KitchenAid appliances, waterfall quartz countertops, full-height backsplashes, custom closets, and much more. Additionally, this residence offers upgrades including an outdoor summer kitchen, an exterior spiral staircase from the second down to the first floor, and a fire pit. SeaGlass Cove is barefoot luxury at its best!

59720 Overseas Highway Unit 7, Marathon
$11,000,000
18 Beds ⋅ 21 Baths ⋅ 615103 MLS
Welcome to an unparalleled collection of THREE designer residences on one of the most exclusive waterfront parcels in the Florida Keys. Located just steps from Coco Plum Beach and the Atlantic Ocean, this rare investment opportunity is the ultimate blend of luxury, lifestyle, and income potential. Professional Designed and built by D'Asign Source in 2019, each residence is a testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship. Each of the three homes spans off 4,066 square feet and features 6 spacious bedrooms and 6.5 bathrooms with custom millwork and designer fixtures. The interiors are professionally furnished with a curated blend of comfort and elegance, complemented by expansive ceiling heights, open-concept living areas and balconies throughout. Designed with privacy in mind, each home includes its own private pool, tiki hut, and a dock offering deepwater and direct ocean access. Impact windows and doors provide storm security and peace of mind, while each home offers three (3) air conditioning units to ensures optimal climate control on each level. Boating an abundance of storage on each level, an oversized laundry room, walk in pantry and en- suite accompanying each room. Whether you envision a serene family compound, a luxury short-term rental business, or an exclusive corporate retreat, this property offers incredible versatility and value. Zoned for weekly rentals, the income potential is substantial, making this one of the most attractive investment opportunities in the Florida Keys.

2394 Coco Plum Dr, Marathon
$1,800,000
1 Baths ⋅ 618764 MLS
Commercial Lot with a building for storage or employee housing. One full NEW bathroom connected to the sewer, 3 phase electric post with meter and 2 saltwater wells. Includes lifetime use of a dock (association owns common areas including docks. HOA fee is $800/yr) The Commercial Boat is a 43 feet Torres with a 3406 Caterpillar Motor, 800HP, twin disco transmissions, GPS, Radio, water pressure system, and an all hydraulic traps pulling system. Also included is 2,586 stone crab tags/certificates and 2,500 stone crab plastic traps (1-2 years new), 4 shipping containers (20ft each) & a working forklift. Located at Fisherman's Point. MU-M district is intended to establish areas suitable for uses which are essential to the commercial maritime industry, including sales and service of fishing equipment and supplies, seafood processing, fishing equipment manufacturer and treatment, boat storage, restaurants, retail and affordable housing residential uses.

271 20th St, Marathon
$8,750,000
618856 MLS
Waterfront motel and marina property in Marathon offered with thirteen transferable transient building rights, highway frontage, and redevelopment potential. Sea Cove is located on Overseas Highway with approximately 200 feet of US-1 frontage, more than two acres of buildable uplands, and additional bay bottom ownership. The property has a long history of marina and lodging use and includes an existing boat ramp with direct boating access. The site has historically supported motel operations, marina services, and small retail activity. The offering includes the real estate together with thirteen transferable transient building rights that allow nightly rental use within the City of Marathon, subject to zoning and City approval if relocated. Previous planning and engineering work studied redevelopment of the site as a marina focused project. Concept plans illustrate a dry boat storage structure of approximately 33,000 square feet accommodating roughly 150 dry racks together with approximately 30 wet slips. Prior discussions have also included extended dockage approaching 550 feet and potential marina services including fueling facilities, subject to required approvals. The site includes significant waterfront area together with bay bottom ownership that has historically supported dockage and marina activity. Showings by appointment only. Please do not visit the property or speak with employees without listing agent present.

12685 Overseas Hwy, Marathon
$1,000,000
618582 MLS
Seller Financing possible. Commercial Mixed Use lot with seafood business, now available. Sale includes business, traps, both lobster and crab tags, 43' Torres boat and all equipment. Lot is part of the Fisherman's Pointe HOA ($800.00 annually) which includes a deeded and assigned boat slip at the newly renovated pier. Property has both water and sewer as well as a separate electric meter. The Mixed Use-Maritime (MU-M) zoning district is designed for areas essential to the commercial maritime industry, including boat storage, seafood processing, fishing equipment sales, and related retail, restaurant, and affordable housing uses. It encourages a pedestrian-oriented mix of commercial and maritime activities. The MU-M district is part of the City's broader efforts to manage water access and protect its maritime heritage.

212 20th St, Marathon
$5,995,000
5 Beds ⋅ 5 Baths ⋅ 618602 MLS
Private oceanfront estate behind the gates of Tingler Island, one of Marathon's most exclusive and sought-after communities. Designed in timeless Caribbean West Indies style, this exceptional residence is perfectly oriented with coveted southern exposure—capturing refreshing ocean breezes, warm natural light, and the rare privilege of both sunrise and sunset views over open water. Set along a premier stretch of true oceanfront, the property offers unobstructed, forever ocean views, highlighted by a spectacular infinity-edge pool that blends seamlessly into the horizon. The setting is serene, private, and truly irreplaceable. Offered fully furnished, the home features travertine marble flooring throughout the main living level, rich hardwood floors upstairs, and beautiful custom woodwork throughout. Light-filled living spaces flow effortlessly, complemented by spacious bedrooms and a well-appointed kitchen ideal for entertaining, complete with a dedicated wine cooler. An upstairs private lounge and bar open to a walk-out oceanview terrace—an unforgettable setting for sunset cocktails and evening gatherings. The bar is equipped with a wine refrigerator, dishwasher, and ice maker for effortless hosting. Additional highlights include a two-car, climate-controlled garage with ample storage. Ideally located within walking distance to Sombrero Beach, with access to a scenic bike and walking path along Sombrero Beach Road, and just minutes from shopping, dining, grocery stores, and golf-cart-friendly island conveniences. Seller financing available for qualified buyers, presenting a rare opportunity to secure a premier oceanfront estate with enhanced flexibility. Homes of this caliber, privacy, and oceanfront position are seldom offered. Schedule your private showing and experience Tingler Island living firsthand.

90 Tingler Ln, Marathon
$1,099,000
3 Beds ⋅ 3 Baths ⋅ 613231 MLS
Welcome to a breathtaking beach house in Tranquility Bay Resort, where luxury meets profitability. This 3-bedroom, 3-bathroom waterfront townhome offers the perfect blend of a tropical escape and an income-producing investment. Nestled in an idyllic location just steps from the Gulf and pristine white sandy beaches, this stunning property boasts direct open-water views of the bay. The ground floor features a spacious living area, a convenient half bathroom, and a private porch perfect for relaxing or entertaining. Upstairs, the primary bedroom includes an en-suite bath and a large private porch with mesmerizing water views, while two additional guest bedrooms, a full bathroom, and a laundry area complete the second floor. Tranquility Bay Resort offers an array of amenities, including two resort-style pools, a sandy beach, a tiki bar for sipping cocktails while enjoying stunning sunsets, a fitness center, a Jack Nicklaus putting green, and the award-winning Butterfly Café. With beautifully landscaped grounds and endless opportunities for watersports, this is the ultimate destination for relaxation and recreation. As one of the top income-producing properties in the Middle Keys, Tranquility Bay Beach Homes have earned multiple TripAdvisor awards and are a favorite among guests. Owners can enjoy up to 35 days annually for personal use while generating rental income. On-site management handles all operations, providing effortless ownership and peace of mind. This turnkey property is more than a home—it's your opportunity to balance personal enjoyment with smart investment potential. Experience the Florida Keys lifestyle, where relaxation and returns meet. Don't wait—your slice of paradise awaits at Tranquility Bay Resort!

2600 Overseas Highway Unit 83, Marathon
$3,495,000
5 Beds ⋅ 5 Baths ⋅ 618411 MLS
LOCATION LOCATION LOCATION DIRECTLY ON THE GULF W/ GULF OF AMERICA AND MARINA VIEWS! Welcome to an extraordinary opportunity to own a newly constructed, luxury waterfront residence in the heart of the Florida Keys. Located in the exclusive Emerald Landings community in Marathon, this exceptional home offers breathtaking open-water views, a private 50' boat slip included, and a rare private beach, kayak launch, blending high-end coastal living with unmatched boating convenience. Thoughtfully designed for both luxury and functionality, this stunning property features 5 bedrooms and 5 bathrooms, including two spacious primary suites with private balconies overlooking the water. An open-concept floor plan showcases a chef's kitchen with quartz countertops and waterfall island, seamlessly flowing into the living and dining areas--ideal for entertaining or relaxing with panoramic sunset views. Outdoor living is elevated with a heated resort-style pool, expansive patios, and multiple spaces designed for al fresco dining and sunset gatherings. Premium finishes, coastal-inspired design, and modern technology are found throughout the home, offering a turn-key experience for owners and guests alike.This property is the perfect investment opportunity, boasting a proven short-term rental history and strong income potential, while also serving as an ideal future personal residence for those dreaming of a private retreat in the Keys. Whether used as a high-performing vacation rental, a seasonal escape, or a full-time waterfront home, this property offers unmatched versatility. Centrally located near world-class boating, dining, shopping, and beaches, this rare offering combines luxury, location, and lifestyle--a true Keys dream home with income-producing potential. Being offered furnished.

805 39th St, Marathon
$3,549,000
9 Baths ⋅ 614211 MLS
RARE 100' of waterfront re-development opportunity with DEEP WATER DOCKAGE APPROVED! 200' HIGHWAY FRONTAGE! Huge 74,890 SQ FT site with an approved Conditional Use PERMIT for 10 unit and 4 affordable staff group home units. MIXED USE ZONING has many commercial-residential possibilities...for example: could go to 10 market rate units on site, or higher density with affordable housing, or boutique HOTEL if you bring transient rights, etc. Includes a RECERTIFIED two-story raised CBS 6,128 SQ FT building that could be used in so many different ways, includes 2,340 SQ FT of extra outdoor porches. BEST LOCATION near Vaca Cut for easy Ocean-Bay access, easy airport access, SHORT-TERM RENTAL FRIENDLY! 6 TBR's are available separately or no TBR's required for pure commercial use! Contact Peter and Ewa Schwarz 305-394-5171 for more info and a private viewing of this amazing opportunity to get into THE KEYS LIFESTYLE...live, work, business, family compound...you can do it all right here on the water!

14 125th St, Marathon
$11,000,000
18 Beds ⋅ 21 Baths ⋅ 615102 MLS
Welcome to an unparalleled collection of THREE designer residences on one of the most exclusive waterfront parcels in the Florida Keys. Located just steps from Coco Plum Beach and the Atlantic Ocean, this rare investment opportunity is the ultimate blend of luxury, lifestyle, and income potential. Professional Designed and built by D'Asign Source in 2019, each residence is a testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship. Each of the three homes spans off 4,066 square feet and features 6 spacious bedrooms and 6.5 bathrooms with custom millwork and designer fixtures. The interiors are professionally furnished with a curated blend of comfort and elegance, complemented by expansive ceiling heights, open-concept living areas and balconies throughout. Designed with privacy in mind, each home includes its own private pool, tiki hut, and a dock offering deepwater and direct ocean access. Impact windows and doors provide storm security and peace of mind, while each home offers three (3) air conditioning units to ensures optimal climate control on each level. Boating an abundance of storage on each level, an oversized laundry room, walk in pantry and en- suite accompanying each room. Whether you envision a serene family compound, a luxury short-term rental business, or an exclusive corporate retreat, this property offers incredible versatility and value. Zoned for weekly rentals, the income potential is substantial, making this one of the most attractive investment opportunities in the Florida Keys.

2394 Coco Plum Dr, Marathon
$1,570,000
5 Beds ⋅ 3 Baths ⋅ 616064 MLS
FLORIDA KEYS WATERFRONT VALUE 5 BEDROOMS • DIRECT GULF ACCESS • TWO-STORY LAYOUT Located in Marathon, this spacious two-story waterfront property has direct Gulf access, flexible living space, and future rooftop deck potential with possible bay views from upper-level enhancements. The home is functional and move-in ready, with prior updates already completed and major systems operational. Natural light, multiple living areas, and the flexible layout provide opportunities for full-time living, seasonal use, guest space, boating lifestyle, or future personalization over time. Expansive outdoor deck space and waterfront positioning create room to enjoy boating, fishing, water activities, and relaxed Florida Keys living. The property layout also allows flexibility for future outdoor enhancements, tropical landscaping, shaded entertaining areas, or additional outdoor living concepts. With limited waterfront inventory in the Florida Keys, this property presents a rare chance to secure a larger waterfront home in Marathon with long-term flexibility and future potential. Property is being sold as it is, allowing the next owner flexibility to personalize and update over time.

11250 5th Avenue Gulf Ave, Marathon
$1,395,000
613825 MLS
Open water views. 7876 sq ft lot with Building Right and Dock Permit at 252 Pescayo Ave just off Coco Plum Dr in Marathon, Fl 33050 89'+/-waterfrontage X 160' ave depth. Active Mangrove Fringe Clearing Permit.

252 Pescayo Ave, Marathon
$4,400,000
3 Beds ⋅ 3 Baths ⋅ 617542 MLS
Experience the charm and character of this Gulf-front Old Florida Keys fishing lodge located in Stirrup Key, one of Marathon's most exclusive gated communities. Known for its large estate lots, deep-water access, and serene open-Gulf vistas, Stirrup Key offers privacy, prestige, and a true island lifestyle, just minutes from the conveniences of Marathon. The property consists of two lots in total for a combined size of 39,500 sf. The home sits on one of the few deep-water sites in Stirrup Key with upgraded 165 foot pier dock with 6 new pilings, where the water is so clear you can watch tarpon, angelfish, snapper, nurse sharks, lobsters and rays gliding beneath the dock. Beautifully maintained and elevated above flood, the residence features 3 bedrooms, 3 baths, and a loft that can serve as a fourth bedroom or home office. Brand new roof and impact windows and sliders were recently installed for peace of mind. The open-concept great room boasts massive ceilings and walls of windows showcasing 180-degree Gulf views. A spacious kitchen with center island and new range, Gulf front bar, wide overhanging eaves, exposed wood beams, and natural stone accents showcase classic tropical lodge architecture, perfect for entertaining. The primary suite with a large ensuite bath provide comfort and style, while a screened porch opens to the heated pool, positioned behind lush landscaping for afternoon shade. Outdoors, you'll find a sandy beach area, irrigated native landscaping, and expansive decks perfect for sunset gatherings. Additional amenities include two garage bays, one carport bay, a workshop, garden shed, and abundant storage. Stirrup Key residents enjoy the peace of a gated, low-density community with a 365 day rental minimum, ensuring tranquility and exclusivity year-round. With its unmatched combination of deep water, open-Gulf views, and spacious multi-lot layout, this property is a true rarity in the Florida Keys with potential for expansion.

115 Windy Point Cir, Marathon
$35,000,000
9 Beds ⋅ 10 Baths ⋅ 613902 MLS
Zephyr Cove; the extravagant aquatically inspired retreat that you deserve. Located on the breathtaking waterfront nestled along the Gulf and designed and built by D'Asign Source. This stunning estate invites you to experience the perfect balance of luxury, tranquility, and adventure. With both fresh and saltwater elements woven into its design, every detail has been thoughtfully crafted. At the heart of the property lies a lazy river loop infinity pool, complete with bridges, swim-up pool bar in gazebo, spa with table, lap pool, beach-style entries, and waterfall grotto plus gas fire pit, putting green, and tropical gardens. From floating under the sun, entertaining guests, or enjoying a peaceful evening by the water, this home was manifested for unforgettable moments. Grand main residence vaunts an impressive private primary wing and elegant open spaces designed for comfort and entertainment. Indoor amenities include a temperature-controlled wine room, game room, home theater, fitness center, and conference room; endless ways to unwind and enjoy life. Two additional charming two-bedroom villas and a separate two-bedroom guest house are perched next door, perfect for hosting family and friends with style and privacy. Designed for the ultimate coastal lifestyle with outdoor kitchen and dining areas set against breathtaking Gulf views, ideal for entertaining or simply soaking in the beauty of your surroundings. Ample dockage and multiple boat lifts for your toys, located right between Vaca cut and Tom's Harbor Cut for easy Ocean access. Expansive garages and storage spaces provide ample room for vehicles, boats, and all essentials. Whole-home 130kw generator in its own private structure, ensuring peace of mind no matter the season. This is where everyday life feels like you're being pampered at a lavish resort. Step into a world where the beauty of nature meets unparalleled craftsmanship and let the magic of the Gulf welcome you home. 15 min to private airport.

57223 Morton St, Marathon
$1,725,000
4 Beds ⋅ 4 Baths ⋅ 618025 MLS
Magnificent legal duplex in the vibrant heart of the Florida Keys, offering highly sought-after 7-day rental flexibility--an exceptional advantage for investors and homeowners alike. Elevated on stilts, this impressive property features two spacious bedrooms and two full bathrooms on each side, creating the perfect setup for extended families, dual living, or maximizing rental income. Ideally located just four properties from the Atlantic Ocean, the home boasts an expansive 70-foot seawall with quick, easy boating access to open water-making it a true boater's paradise. Both residences have been thoughtfully updated with modern finishes, enhancing comfort, style, and long-term value. Whether you're looking for a high-performing vacation rental, a primary residence with income potential, or a combination of both, this rare duplex offers unmatched versatility in one of the Florida Keys' most desirable locations.

668 & 670 89th St, Marathon
$1,638,888
3 Beds ⋅ 3 Baths ⋅ 617406 MLS
Welcome to 7501 Gulfstream Blvd in Marathon, FL. This one-level contemporary ranch style home is ready for you make it your own island paradise home. This gated home is tucked back in one of the best neighborhoods in Marathon. The home features: vaulted ceilings throughout, updated kitchen and bathrooms, durable bamboo flooring, dual zone A/C, large open living area, separate den/office space, huge storage area, dockage and waterfront screened porch, garage and there is plenty of room for a pool. LOCAL ENGINEER HAS CONFIRMED DOCK CAN BE EXTENDED. Call today for more information and schedule a private viewing.

7501 Gulfstream Blvd, Marathon
$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
$1,279,000
3 Beds ⋅ 2 Baths ⋅ 618305 MLS
This centrally located 3-bedroom, 2-bath elevated home on 62nd Street in Marathon is move-in ready and packed with Keys lifestyle perks. Ideal for a family residence or a high-performing long- or short-term rental investment, the home features 1,128 sq ft of living space on a 6,000 sq ft lot and was built in 1983. Inside, the flooring has been completely redone throughout, and the homeowner has just completed a professional refresh following long-term tenants, making this property truly turnkey. Downstairs offers excellent storage, a hot tub, and ample parking for multiple vehicles and trailers. Boaters will love the 80 feet of dockage, 20,000 lb boat lift, and very easy ocean access, perfect for fishing, diving, and day trips on the water. Whether you're looking to settle into a comfortable Keys home or capitalize on Marathon's strong rental market, this property checks all the boxes. Bring all offers.

810 62nd Street Ocean St, Marathon
$1,400,000
3 Beds ⋅ 3 Baths ⋅ 618587 MLS
One-of-a-kind - ICONIC Bonefish Towers - ''Eye in the Sky'' Million Dollar Views! A Rare Opportunity, Nothing compares to this ICONIC 14th Floor Penthouse in the Sky, ''Bonefish Towers'', overlooking amazing Emerald/Turquoise Blue Waters of the Florida Keys, ''Bonefish Towers'' is the tallest 14 floor hi-rise in the Florida Keys, you will be in awe, when stepping through the front door. A spacious 3 bedroom/office/3 bath, multi-level condominium, floor to ceiling windows, doors and glass, brings in natural light and the beauty from the Atlantic, Florida Bay/Gulf. There are 2 balconies, one off the bedroom and one oversized balcony, off the Living area to accommodate outdoor dining, soaking up the Sun and enjoying those Tropical Breezes. A ''must see'' a small woodworking/fly tying room for your hobbies. Condo was newly renovated with lovely 24x24 Granite tile flooring in living, kitchen, dining areas, granite counter tops and stainless appliances, a recent bath update as well, New Lux Air 2024 A/C (transferable 10-year warranty), a dedicated bar with sink and refrigerator/ice maker. Bonefish Towers, located in ''The Heart of the Florida Keys'', Marathon, Florida, great local restaurants, shopping, Airport, bike paths, beach nearby, snorkeling, fishing and diving, at its best! An hour from Key West and close to Miami. Many amenities, a heated pool, sauna, weight room, party/game/meeting room with pool table, Ocean side tiki huts, tennis/pickle ball court, ample parking, new roof, new elevators. Pride of ownership and it shows, has never been rented. Bonefish Towers has a full-time maintenance staff, office staff, a secure building entrance, SIRS and Milestone Reports available, plus a healthy Reserve. Come Preview Today!!!

2000 Coco Plum Dr Unit APT 1403, Marathon
$2,950,000
614973 MLS
Ready to Build Your Dream Florida Keys Estate? This rare opportunity includes two large adjacent, cleared parcels, totaling 21,798 sq ft, in the heart of Marathon, already vested with a City of Marathon Market Rate Transferable Building Right, (TBR) — meaning no wait, no red tape - start building immediately! Positioned on a deepwater canal with 7.9' controlling depth, this location is ideal for large vessels and offers quick access to the open Atlantic, while providing protected dockage in a serene setting. Enjoy views toward the ocean from this extraordinary site. Dock permits are pending, and the sale includes a full set of architectural plans for a luxury residence complete with a private pool and pickleball court—all crafted by a respected local engineering firm and ready for permitting submission. Renderings of the completed home bring the vision to life and are featured in the listing gallery. No guessing, no waiting—just groundbreaking luxury. Watch the video Create your personal Keys retreat today.

246 & 248 Pescayo 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
$1,200,000
3 Beds ⋅ 3 Baths ⋅ 614760 MLS
Welcome to Coral Lagoon in the Heart of the Florida Keys. THE NEW DOCKS ARE IN AND READY FOR YOUR BOAT. This townhome has been tastefully remodeled leaving you to relax in style. The first level features heightened ceilings over an open floor plan living area with updated kitchen, eat-at breakfast bar, dining area, powder room, spacious living area and deep covered porch that is just steps in front of your deeded 40' dock space. Upstairs the primary suite features vaulted ceilings, ensuite bath and a private balcony overlooking the canal. Separated by the hallway are two additional bedrooms, each with vaulted ceilings, a full guest bath and laundry. The complex has a beautiful heated pool and you for all of your boating activities from your 40' dock, next door is the Boat House with a convenient fuel dock and quick access to both the Atlantic and the Gulf. Many restaurants, bars and shops are within short walking or bike riding distance making this destination as convenient as it is stylish. This is an active vacation rental so allow time to schedule a private viewing. Call today for more information.

12399 Overseas Highway Unit 12, 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