Marathon FL Historical Real Estate, Homes for Sale

2 Beds ⋅ 2 Baths ⋅ 622012 MLS

Welcome to your slice of Keys paradise! Perfectly positioned on a sunny corner lot in Marathon's Little Venice neighborhood, this 2-bedroom, 2-bathroom CBS residence effortlessly blends casual island style with top-tier boating convenience. Set on a wide, flow-through canal with quick, direct access to both the Gulf and the Ocean, this is a true boater's dream. Tie up your vessel to the generous 55-foot dock and head straight out to the open water in minutes for world-class offshore fishing, diving, or just cruising. Step inside to find a bright, open-concept interior designed for effortless living and entertaining. Major peace-of-mind updates have already been handled for you, including a new roof (2022), new A/C (2022), and new impact-resistant windows and doors (2023). The inviting kitchen and living spaces flow right toward the water, while the primary suite offers private waterfront access and a spacious walk-in closet. Outside, the premier corner-lot setting enhances your privacy and curb appeal--creating the ultimate low-maintenance island base camp for storing your favorite water toys, rinsing off the gear after a day at the reef, and embracing the laid-back Marathon lifestyle.

11725 3rd Ave, Marathon

$3,195,000

3 Beds ⋅ 2 Baths ⋅ 621904 MLS

**155 FEET OF WATERFRONT. BRAND-NEW SEAWALL. PRIVATE BOAT RAMP.** Discover one of Marathon's most desirable waterfront homesites, perfectly positioned on Vaca Cut with breathtaking sunset views and direct boating access to both the Atlantic Ocean and Gulf. Offered for sale for the first time in nearly 30 years, this oversized lot-and-a-half boasts an impressive 155 feet of water frontage, including 135 feet of brand-new 2026 seawall and a rare 20-foot-wide private boat ramp! This highly desirable feature makes the property a true boater's paradise, offering exceptional convenience and access to world-class fishing and cruising. The existing residence requires substantial renovation or redevelopment and is being offered AS-IS. The seller has building plans specifically designed for the property, or bring your own vision to life and create your dream Florida Keys waterfront estate. The expansive lot offers potential space for a resort-style pool, tiki hut, garage, RV parking, boat storage, and more, subject to applicable approvals. This remarkable homesite offers endless possibilities in one of Marathon's most sought-after oceanfront locations!

955 122nd St, Marathon

$649,000

2 Beds ⋅ 2 Baths ⋅ 621823 MLS

Keep your boat out back and enjoy easy access to Boot Key Harbor from this updated two-bedroom, two-bath waterfront home in Marathon's Harbor Isle neighborhood. Approximately 53 feet of concrete seawall along a deep-water canal puts boating, fishing, and exploring the ocean and bay within easy reach. Whether you're looking for a full-time home, a personal Keys getaway, or a vacation rental opportunity, this property offers plenty of flexibility. Inside, bright living and dining spaces feature tile flooring, white ceiling beams, and large sliding glass doors that bring in natural light and frame the canal views. The kitchen offers stainless steel appliances, soft gray cabinetry, light countertops, and a textured white backsplash for a fresh coastal feel. The living area opens directly to a spacious waterfront patio and backyard, making it easy to take meals outdoors, relax beneath the palms, or gather with friends after a day on the boat. A shaded front porch, covered parking, and low-maintenance grounds add everyday convenience. With restaurants, grocery stores, parks, and Sombrero Beach nearby, this inviting canal-front home makes it easy to enjoy the Keys while offering the option to generate vacation rental income.

601 28th St, Marathon

$7,950,000

5 Beds ⋅ 5 Baths ⋅ 621748 MLS

Excellent development opportunities on this large Mixed Use commercial waterfront parcel with 200 feet of direct US Highway 1 frontage. 2.1 +/- upland acres and 1.47 acres of owned bay bottom in Bonefish Harbor with at least 5' controlling depth and access to the Atlantic Ocean. Property had over 550 feet of dockage directly to navigable channel. The property's current use is a hotel/marina. Property conveys with 13 Transient Rights . Commercial square footage shall remain vested upon the property. Seller worked on a Development Plan for 33,400 Steel Building as a Boathouse with potential for 200 dry boat racks. Total number of dry racks could increase as City of Marathon building height ordinance has changed (increased) since plans were drawn. Dock plans allow for multiple configurations, including 30 wet slips with boat launch zone. Other Development possilibities exist as the sight is zoned properly for varying types of use. Significant Seller Financing may be available to qualified purchasers with attractive terms and loan structures. Mixed Use is a commercial land use designation which allows for multiple development possibilities. Large commercial parcels with both US 1 and water frontage are not common and provide a considerable number of opportunities.

12685 Overseas Hwy, Marathon

$650,000

3 Beds ⋅ 3 Baths ⋅ 621669 MLS

Affordable Florida Keys Living in the Heart of Marathon! Discover the perfect blend of comfort, convenience, and island lifestyle at located in the desirable Little Venice neighborhood. This beautifully updated 3-bedroom, 2.5-bath home offers over 1,300 square feet of living space on a spacious corner lot with plenty of off-street parking. The fully fenced yard provides privacy and room to relax, entertain, or unwind in the hot tub after a day enjoying the Florida Keys. Thoughtfully updated throughout, this home is move-in ready and currently operates as a vacation rental, offering flexibility for a primary residence, weekend getaway, or investment property. Centrally located in Marathon, you're just minutes from local restaurants, shopping, boating, and fishing, as well as Florida Keys Marathon International Airport and Million Air for private aviation convenience. Enjoy the best of island living with Miami approximately two hours away and Key West just an hour's drive. Whether you're looking for your own piece of paradise or an investment opportunity, this property delivers the Florida Keys lifestyle at an attainable price point.

400 117th St, Marathon

$825,000

3 Beds ⋅ 3 Baths ⋅ 621525 MLS

Some homes in the Keys prioritize the house itself, while this one focuses on the opportunities it offers. Located oceanside in Harbor Isle at mile marker 48.5, this 3-bedroom, 3-bath waterfront home provides easy access to open water. The 7-day minimum rental allowance offers flexibility for buyers who want to enjoy their Keys home while also generating rental income when they're away. With quick ocean access, waterfront living, and a prime location in the heart of Marathon, this home is an ideal choice for those seeking a convenient and enjoyable living experience, whether you're here for a week, a season, or for the long haul. Don't forget to bring your boat, the water is calling!

712 26th St, Marathon

$1,999,995

10 Beds ⋅ 10 Baths ⋅ 621497 MLS

Blue Marlin Apartments presents a unique opportunity to acquire a 10-unit, deed-restricted affordable housing property in the heart of Marathon. Positioned along Overseas Highway at approximately Mile Marker 50 with access from 24th Street Ocean, the property offers convenient proximity to employment centers, marinas, shopping, dining, and everyday services throughout the Middle Keys. The property consists of three buildings with nine efficiency units and one one-bedroom/one-bath residence, totaling approximately 6,511 square feet of gross building area and 3,540 square feet of finished living area. Community features include an on-site laundry facility, shared courtyard, and off-street parking. Recent capital improvements include replacement mini-split HVAC units, impact windows, flood panels, and a gabled metal roof system. The property is zoned MU - Mixed-Use by the City of Marathon and all 10 units are subject to affordable housing restrictions. The property was most recently utilized as employee housing, and no third-party rent roll currently exists. Projected rents have been underwritten using HUD and Florida Housing Finance Corporation guidelines, with the current projected structure falling within the Low Income 80% AMI limits. The recorded deed restriction also provides long-term flexibility for rent growth within the applicable affordability framework. With strong demand for workforce housing throughout the Florida Keys, vested affordable housing rights, documented operating history, and a central Marathon location, Blue Marlin Apartments offers a compelling opportunity for an investor seeking a multifamily asset in a supply-constrained market.

2401 Overseas Highway Unit 10, Marathon

$568,999

2 Beds ⋅ 2 Baths ⋅ 621381 MLS

Stunning property in Little Venice, fully furnished and located in the heart of the Florida Keys. This 2BD/2BA home, with an additional extra room, is ready for you to make your own piece of paradise! Enjoy an oversized living and dining area for entertaining, complete with plank tile flooring throughout. Both bathrooms feature stylish accented subway tile and matching modern fixtures. The kitchen offers a pass-through bar, sleek stainless-steel appliances, shaker cabinets with under cabinet lighting, and beautiful quartz countertops. The exterior includes accordion shutters and a 5V crimp metal roof. Paved parking provides plenty of room for a boat on this corner lot. Just minutes from Sombrero Beach grocery stores, restaurants, shops, and marinas .

11405 3rd Ave, Marathon

$775,000

2 Beds ⋅ 2 Baths ⋅ 621286 MLS

Welcome to 2240 Harbor Drive in Marathon, a beautifully maintained home situated in a **highly desirable family neighborhood**. This spacious corner lot offers nearly 10,000 square feet and is fully fenced, providing privacy, security, and plenty of room to enjoy the outdoors--with ample space to add a pool. Mature, lush landscaping creates a peaceful setting with abundant shade and privacy. Exceptional parking includes a paved driveway and a convenient double-wide gate, providing easy access for secure in-fence boat or trailer storage. For outdoor entertaining, enjoy the expansive bricked patio, cedar pergola, outdoor dining area, and built-in grill--perfect for relaxing or hosting family and friends. Inside, the home features tile flooring throughout, an ensuite primary bedroom with a walk-in shower and walk-in closet, Bahama shutters, and hurricane-rated double doors. Bonus room can be used as a den or office. Additional exterior features include two storage sheds and a detached laundry room, offering plenty of practical storage and workspace. Boating enthusiasts will appreciate the **public community boat launch just 3/10 of a mile away**, available **free for residents**. With its desirable family-friendly location, generous corner lot, boat/trailer storage, beautiful outdoor living spaces, and room for a pool, this Marathon property offers an exceptional Florida Keys lifestyle.

2240 Harbor Dr, Marathon

$2,695,000

2 Beds ⋅ 2 Baths ⋅ 621246 MLS

A rare combination of land, privacy, boating, and open-water living awaits on approximately half an acre of Gulf-front paradise in Grassy Key. With panoramic water views, a private beach, waterfront dock with a 20,000-pound boat lift, heated concrete pool, and lush tropical grounds, this property captures the very best of Florida Keys living. Surrounded by mature landscaping, the two-bedroom, two-bath residence enjoys a peaceful, private setting with beautiful Gulf views. Light-filled living spaces embrace the waterfront surroundings, while the kitchen features granite countertops and stainless steel appliances. Both bedrooms offer private baths for owners and guests alike. Step outside and the Keys lifestyle comes alive. Walk to your private sandy beach, lower the boat from your 20,000-pound lift for a day on the water, relax beside the heated pool, or watch the sun disappear over the Gulf from your own shoreline. Expansive grounds and tropical landscaping provide a level of space and privacy that can be difficult to find in the Keys. The property also boasts an exceptional rental history, consistently renting approximately 50 weeks per year and generating roughly $175,000 in annual rental revenue--a testament to the tremendous appeal of this waterfront setting. Whether you're searching for a private Keys retreat or a proven vacation rental investment, this Grassy Key property offers an extraordinary combination of lifestyle and opportunity. Private beach. Open Gulf views. Boating. Pool. Half an acre of tropical privacy. This is the Florida Keys lifestyle people dream about.

57457 Morton St, Marathon

$890,000

3 Beds ⋅ 2 Baths ⋅ 621222 MLS

This is currently the LOWEST PRICED Boatable Canal Front 3-Bedroom Home in all of Marathon FL & it happens to be located on the highly desirable Gulf side of US 1. Boaters will appreciate the 4-foot control depth that provides Open Water Access in just a few minutes to the Gulf of America and less than 10 minutes to the Atlantic Ocean. In place is a Concrete Seawall with approximately 77 foot of water frontage, allowing this property to easily accommodate larger center consoles. This Concrete Block home features 3 beds, 2 baths, 1242 sqft living with a Metal Roof, Concrete Driveway and plenty of Room to Park a RV, Boat Trailer, which is a rare commodity in Marathon. The 8,485 sqft lot offers plenty of room to add a pool. Currently the home offers original 1960's charm offering so much opportunity for the right buyer to transform it into a Modern Coastal Retreat, which is why we just added Virtual Renovations showing what could be done. At its current list price, there is a huge upside as the house right next door at 11295 3rd Avenue Gulf just sold for $1.45M, you have a unique opportunity to acquire, make smart renovations and be sitting on strong positive equity if done right. Due to the lot size, you can even choose to knock down the existing house and build a Brand-New Modern home to your exact specs and take advantage of the deep-water canal. We currently have plans for homes ranging from 1750 sqft to just below 4000 from the well-respected local builders, Design Center. We also have local lenders in place to offer construction financing up to 80%. So much potential and routes you can with this one, NO LOW BALL OFFERS, THIS HOME IS PRICED TO SELL!!!

11285 3rd Ave, Marathon

$1,155,000

5 Beds ⋅ 5 Baths ⋅ 621154 MLS

Plenty of room to live your best life! Enjoy the resort style backyard and the multi-generational flexibility of 2,500 square feet under air at 8055 Tuna Drive. This spacious Keys home offers the best of both worlds: room for the whole family and more, with a separate guest option. The main house features 4BR/3.5BA, with the Master suite opening directly to the pool deck. Attached, with its own discreet entrance, is a fully self-contained 1BR/1BA mother-in-law suite offering true privacy from the main home. Prepare for large crowd in the well designed kitchen with loads of counter space. The backyard is the showstopper -- a sprawling 11,186 sq ft lot with lush privacy landscaping surrounding an in-ground pool, outdoor kitchen, and tiki bar. A convenient half cabana bath keeps guests poolside without ever heading in. Set in one of the Keys' best non-waterfront neighborhoods, this resort-feel outdoor space makes every day feel like vacation. All photos displaying furniture are Virtually Staged

8055 Tuna Dr, Marathon

$5,900,000

13 Beds ⋅ 13 Baths ⋅ 621147 MLS

A rare and unique income producing Hotel in Marathon. Tropical Cottages is a boutique & profitable Mom and Pop Motel. Total of 11 valuable Transient Licenses, 13 Rooms plus office with kitchen & check in room. 9 buildings on the property, 8 adorable free standing cottages with new Victorian shingle roofs & the main building with 3 rooms in good condition. Each room has been tastefully and tropically renovated inside and out. Each room is unique & comes fully furnished. Most of the units have small kitchenettes including sink with microwave and refrigerator. All units have refrigerator & microwave. Additionally, there is a large Tiki Hut & Bar along with Food Truck with seating area. The Food Truck and Tiki Bar are leased for $6,375 per mos on a short term agreement. The Motel is managed by Owners . The hotel runs on auto-pilot. Online check-in available with a good housekeeping staff as back up. Most of the business is from repeat customers, plus online booking sites are all utilized. On site is a full laundry room with Commercial grade washers/dryers and storage rooms throughout. All housekeeping is done on site. Small, friendly & efficient staff has been there long term and willing to stay on with new owners. There are a total of 6 lots encompassing over 1/2 acre of land, total .56 Ac or 24,384 sf. Ample off street parking for guests. Zoning is GC and land use is recognized as Hotel/Motel. Bonus of Deeded waterfront access at the end of 61st St. which has a boat ramp and staging area for all types of watercrafts and sports. Same family ownership since 2010. Tropical Cottages was started back in the mid 1950's as a Fish camp and is one of the few remaining Mom & Pop Motels throughout the Florida Keys. Motel generates substantial Net income year after year to current owners. Sellers may consider Seller Financing may be available to a qualified buyer. Terms to be negotiated.

243 61st St, Marathon

$4,999,999

5 Beds ⋅ 5 Baths ⋅ 621022 MLS

Looking for one of the most unique Bayfront Estates in the Florida keys, well you just found it. Just over 3 acres located on the Gulf of America. What makes the property so unique first and foremost is the privacy it offers. Upon entering the double gate, you are surrounded by huge trees, heavy foliage and vegetation which provides you with complete privacy. There are walking trails all through the entire property, including out to the Bayfront to enjoy some of the most spectacular year round sunsets you will ever see. The property directly to the North is a preserve called, Crane Point Hammock and Museum & Nature Trails. The subject property boasts its own huge boat basin with new custom Ipe wooden dock to accommodate large vessels and/or multiple vessels with two 50 AMP services, all the power you may need. There is a separate dock and slip tucked inside the private boat basin the owner had custom built for his 52 foot Viking Express. There is also a 20,000 pound boat lift and a small boat ramp for your flats skiff. The main home has that Old Florida Charm, three bedrooms, two baths and great room with exposed beams and tongue and groove ceilings. Take the stairs up you your private master retreat with spectacular views overlooking your private basin and the bay. The home also offers three screened lanais with water views. Attached to the main home is a private, separate entrance apartment with bedroom, bathroom and kitchen for complete privacy from the main living quarters. Across the pavered driveway is the detached three car garage and above offers a 1 bedroom, 1 bath, living room and kitchenette. The property is located 1.5 miles South of Marathon International Airport to make it easy for pilots and chartered jets and prop planes to come and go from this one of a kind Estate. Easy access to the Atlantic Ocean. Looking for peace, privacy and serene relaxing Florida Bay and sunsets views? You just found it!!

1590 Pelican Pass, Marathon

$898,000

5 Beds ⋅ 3 Baths ⋅ 620847 MLS

LETTER OF DETERMINATION WITH 3 RIGHTS | SELLER FINANCING | INCOME-PRODUCING TRIPLEX IN MARATHON Building rights are the scarcest asset in the Florida Keys, and this property comes with a Letter of Determination confirming 3 rights. That makes it an opportunity to hold, improve, or reposition a triplex in the Middle Keys with the entitlements already documented. Seller financing is available: $500,000 down over a 5-year term at a competitive rate, a real advantage in today's rate environment. The Property: Three fully renovated units, all currently leased: Unit 1: 2BR/1BA, spacious layout, modern open-concept interior Unit 2: 2BR/1BA, fully renovated Unit 3: Efficiency with a well-equipped kitchenette, ideal for a single tenant or short-term renter Tenants are on flexible month-to-month leases, which gives a buyer immediate cash flow and room to change course later. Ample on-site parking keeps the property easy to manage. Location: In the heart of Marathon, minutes from shops, restaurants, and everything the Middle Keys lifestyle offers. Who It's For: Investors building a rental portfolio, or an owner-occupant who wants to live in one unit and let the other two help cover the cost of ownership. Schedule your private showing today. Properties with documented building rights and owner financing don't come along often in Marathon.

10833 2nd Avenue Gulf Ave, Marathon

$1,050,000

3 Beds ⋅ 2 Baths ⋅ 608599 MLS

This east facing, solid concrete 3-bedroom, 2-bathroom vacation rental is furnished and designed for both relaxation and aquatic adventure. As you arrive, the paved driveway leads you to a home that is wrapped in the warmth of the Florida sun. This home is in excellent condition and offers a keyless system that ushers you into the living space where the natural light floods through plantation shutters. The living area, with its comfortable furnishings and inviting ambiance, flows seamlessly into a well-appointed dining space and fully equipped kitchen with stainless steel appliances. The metal roof is easy to maintain while the entire home maintains a cool, coastal vibe with its tile flooring throughout. Step outside, and you're greeted by a gated yard that's fenced for privacy, and generously sized, ideal for pets or hosting lively outdoor gatherings. But the true crown jewel of this property is its 60 feet of dockage, complete with a step-down kayak launch and a separate step-down boat launch, offering direct access to the Gulf for endless nautical excursions. For those who live for the water, the property's dock is a dream come true, equipped with power and water, a swim ladder for an effortless dip in the sea, and a fish cleaning station to prepare your fresh catch. Whether you're setting off for a day of fishing or simply basking in the beauty of the Gulf, this home caters to all your seafaring desires. Back on land, an exterior storage shed provides ample space for all your gear, from fishing rods to snorkeling equipment. The large yard, kissed by the morning sun, becomes a sanctuary in the afternoons, offering shade and a cool place to unwind after a day on the water. This home is a fully furnished escape that embodies the spirit of vacation living. With its blend of style, comfort, and waterfront features, this home is ready to be a vacation rental or your own private retreat in the enchanting Florida Keys. Experience direct Gulf access in this Marathon gem

2240 Yellowtail Dr, Marathon

$2,200,000

3 Beds ⋅ 2 Baths ⋅ 620513 MLS

Welcome to Your Slice of Paradise in the Florida Keys Discover the perfect blend of island charm, waterfront living, and investment potential in this fully furnished, turnkey home in the heart of Marathon. Whether you're searching for a vacation getaway, a full-time residence, or a proven income-producing property, this exceptional home offers it all. Property Highlights 3 Bedrooms | 2 Bathrooms Bonus room/flex space perfect for guests, a home office, or additional living space Fully furnished and move-in ready Excellent vacation rental history 17,000 lb boat lift 150 feet of seawall Private tiki hut for relaxing and entertaining Short walk to Sombrero Beach Just a 3-minute idle boat ride to the open Atlantic Ocean Minutes from the iconic Sombrero Key Lighthouse Exceptional boating access with quick ocean access Beautiful outdoor living spaces designed to embrace the Florida Keys lifestyle Wake up to gentle ocean breezes, spend your days boating or relaxing on the beach, and unwind beneath the tiki hut as the sun sets. With outstanding boating access, a sought-after location, and a successful vacation rental history, this waterfront retreat is the perfect opportunity to experience the very best of island living. Live like you're on vacation every day in the beautiful Florida Keys.

64 Tingler Ln, Marathon

$999,000

2 Beds ⋅ 2 Baths ⋅ 620338 MLS

Completely renovated and move-in ready, this beautifully updated 2-bedroom, 2-bath home offers the perfect blend of coastal charm and boating convenience. The interior showcases quality upgrades throughout, including tile flooring, warm wood accents, impact windows and doors, and a thoughtfully designed kitchen featuring a propane stove for the culinary enthusiast. Natural light fills the open living spaces, creating an inviting atmosphere ideal for relaxing or entertaining. For boaters, the location is hard to beat. Enjoy quick and easy access to both the Atlantic Ocean and Gulf waters through nearby Vaca Cut, making it simple to spend your days fishing, diving, or exploring the Florida Keys by boat. Whether you're looking for a full-time residence, vacation getaway, or investment property, this updated home delivers the Keys lifestyle you've been dreaming of. Property is in the heart of Marathon so close to amazing restaurants, Marathon Airport, Million Air, grocery stores, Sombrero Beach and more! Seller has purchased new trex decking material for a new front porch area along with on the dock ready for new buyer to have installed, engineered plans and drawings already completed!

11490 2nd Ave, Marathon

$655,000

3 Beds ⋅ 2 Baths ⋅ 620336 MLS

Affordable Florida Keys Living with Weekly Rental Potential in the Heart of Marathon Whether you're searching for a full-time residence, a vacation retreat, or an income-producing investment property, this charming 3-bedroom, 2-bath Conch cottage offers exceptional value in today's market. This property blends classic Keys character with modern upgrades and desirable rental flexibility. Newly renovated the home is move-in ready and designed for easy island living. Interior features include quartz countertops, stainless steel appliances, impact-resistant windows, and energy-efficient mini-split A/C systems that help keep utility costs low. The low-maintenance lot provides ample parking and storage, making it ideal as a primary residence, second home, or vacation rental. Situated in a weekly rental area, this property offers excellent income potential while allowing owners to enjoy their own slice of paradise. Conveniently located just minutes from world-class boating, fishing, waterfront dining, shopping, and all the attractions that make the Florida Keys such a coveted destination, this Little Venice gem combines affordability, convenience, and investment opportunity. Don't miss this rare opportunity to own an affordable piece of the Florida Keys with the flexibility to enjoy it, rent it, or both. Schedule your private showing today!

11554 5th Ave, Marathon

$3,599,000

4 Beds ⋅ 5 Baths ⋅ 620305 MLS

Existing improvements include a duplex and single-family home! Rare Florida Keys mixed-use development opportunity with approx. 124,300 sq. ft. of uplands plus additional bay bottom ownership. Property includes 4 verified building rights with Letter of Site Condition on file. Mixed Use (MU) zoning allows for a wide range of future possibilities, including commercial, residential, storage facility, marina-related use, workforce housing, market-rate housing, or potential subdivision into multiple parcels. Current zoning allows up to 6 market-rate units per acre or up to 15 affordable units per acre, buyer to verify per City of Marathon. The property offers approximately 216 feet of highway frontage, plus additional east-side access through an access easement, creating multiple entry points and flexibility for future site planning. A neighboring gas station adds convenience and commercial synergy for future development concepts. A unique feature is the sleeper asset of this property which is ownership/control of bay bottom extending behind approximately 12 lots along Cocoplum Drive, creating potential value tied to dockage, marina concepts, water access, assemblage opportunities, or long-term redevelopment. Deep-water access, good depth, multiple boating configurations, and proximity to the marked channel entrance add to the site's appeal. Large mixed-use tracts with water access and verified building rights are increasingly rare in the Florida Keys, making this a strong opportunity for an investor, developer, marina operator, or long-term land holder. Seller states property will be delivered vacant and free of personal belongings before closing. Buyer to verify zoning, density, building rights, permitted uses, dockage, water depth, access easements, permitting, and development potential.

13759 Overseas Hwy, Marathon

$639,000

2 Beds ⋅ 2 Baths ⋅ 620289 MLS

INCOME PRODUCING! Unlock the potential of this rare Marathon property located in the desirable Vaca Village neighborhood. Situated on a 5,158-square-foot lot, this duplex currently features two separate 1-bedroom, 1-bath residences, providing immediate income-producing potential while offering outstanding future upside. Whether you're seeking rental income, a redevelopment project, or the opportunity to build a custom Keys residence, this property offers exceptional flexibility and value. Conveniently located near Marathon's restaurants, marinas, shopping, and world-class boating and fishing, this is a unique chance to invest in one of the most sought-after destinations in the Florida Keys.

746 50th St, Marathon

$1,400,000

4 Beds ⋅ 4 Baths ⋅ 620015 MLS

7070 Overseas Highway in the heart of Marathon presents an incredible mixed-use investment opportunity in a prime Overseas Highway location with outstanding visibility and endless potential. Formerly operating as a flower shop, Marathon florist, this versatile commercial property offers flexibility for a wide range of business ventures, income-producing opportunities, or redevelopment concepts. The property features approximately 4,168 finished square feet and is zoned for mixed use, making it appealing for a variety of uses! The high-traffic location provides exceptional exposure along one of the Florida Keys' busiest corridors. Looking to expand income potential? The second floor includes three residential rental units, creating immediate revenue opportunities: • One spacious 2-bedroom unit • Two 1-bedroom units Whether you are an investor seeking multiple income streams, an entrepreneur ready to launch a business in the Keys, or someone searching for a live/work opportunity, this property offers exceptional flexibility and long-term value. With mixed-use zoning, strong visibility, rental income potential, and a sought-after Marathon location, 7070 Overseas Highway is truly a rare opportunity for business investments, ventures, and future growth.

7070 Overseas Hwy, Marathon

$1,675,000

3 Beds ⋅ 2 Baths ⋅ 619885 MLS

From the moment you arrive, this charming waterfront cottage invites you to leave the outside world behind. Tucked among lush tropical landscaping, its soft yellow exterior, metal roof, and classic white-picket charm set the mood for something unforgettable. Welcome to Key Lime Kottage, a turnkey 3-bedroom, 2-bath waterfront retreat in Grassy Key, where time slows, conversations last longer, and every day feels like a Florida Keys vacation. Inside, the open living, dining, and kitchen areas flow effortlessly, creating a warm setting for relaxed meals and time together. Outside, Key Lime Kottage becomes your secluded resort. The screened-in pool and spa, covered lounging area, and tropical privacy invite you to unwind. Imagine floating beneath the sun, relaxing in the spa, and sharing a toast as the sky turns gold and coral. A composite dock leads through the mangroves toward open Gulf views. Begin the morning with coffee by the water, launch a kayak or paddleboard, or sit together and enjoy the soothing rhythm of the Keys. Currently in a vacation-rental program, Key Lime Kottage combines personal enjoyment with income-producing potential. Its waterfront setting, open-water views, pool, spa, privacy, and turnkey condition create the resort experience guests seek--and want to revisit year after year. Conveniently located near the Dolphin Research Center, The Wreck Restaurant, downtown Marathon, shopping, marinas, and Million Air, the home feels private yet connected. You are not simply purchasing a property. You are investing in peaceful mornings, poolside afternoons, romantic sunsets, and a Florida Keys lifestyle guests will remember long after leaving. Could Key Lime Kottage become your private escape, income-producing retreat--or both? Kindly provide at least 24 hours' notice for showings. Saturdays during guest check-in and check-out windows are preferred.

58773 Overseas Hwy, Marathon

$1,225,000

4 Beds ⋅ 4 Baths ⋅ 619866 MLS

Beautifully renovated and fully turnkey duplex located on a deep-water canal in the heart of Marathon. This rare income-producing property features TWO spacious homes, 2BD/2BA on each side, each unit offers approximately 927 sq. ft. of updated coastal living with impact windows and doors, granite countertops, stainless steel appliances, tile flooring throughout, and covered parking. Renovated in 2020, the property blends modern finishes with the relaxed Florida Keys boating lifestyle. A true boater's dream, each side offers its own 30' concrete dock and seawall (60' total) complete with 30-amp shore power and fresh water hookups. Enjoy quick ocean access and easy Gulf access via Vaca Cut, making this an exceptional setup for anglers and boating enthusiasts alike. The waterside outdoor spaces are designed for entertaining and enjoying the Keys lifestyle, featuring string lighting, solar-lit dock pilings, under-dock fish lights that attract snapper and tarpon, and frequent manatee visits along the canal. Located directly next door to Oceanfront Park, owners and guests enjoy immediate access to one of Marathon's premier waterfront parks offering pickleball courts, a dog park, kayak launch, open green space, waterfront walking trails, playgrounds, exercise equipment and community events. Conveniently located 4 miles from Sombrero Beach, and 1.5 miles from Coco Plum Beach. Currently tenant occupied with both units rented month-to-month. This property also has strong vacation rental potential. Ideal opportunity to live in one side while renting the other, or maximize income potential with a fully turnkey investment property in one of the Florida Keys' most desirable boating communities. Current Insurances are very reasonable: $3,841 Flood (Covers both sides) 576 - $4,303 Wind 574 - $4,129 Wind 576 - $860 HO/Liability 574 - $721 HO/Liabilty (Pictures are of 576 99th, 574 is the same layout/finishes. Access can be arranged) POF/Pre-approval REQUIRED for showings.

574 & 576 99th St, Marathon

$530,000

2 Beds ⋅ 1 Baths ⋅ 619675 MLS

Welcome to a rare opportunity to own a **fully renovated, turnkey residence** in the highly desirable **Little Venice neighborhood of Marathon** 'For Sale' or open to long term rental. A seamless blend of coastal elegance and cozy sophistication, finished with impeccable attention to detail and a warm, inviting aesthetic. Short term rentals ok with a little as 7 days. This is truly a **move-in-ready home**, crafted with quality materials, tasteful finishes. New (2023) plumbing, electrical, AC, impact doors and windows, paint inside and out, appliances. An exceptional home, ready for its next chapter.

11339 5th Ave, Marathon

$495,000

2 Beds ⋅ 1 Baths ⋅ 619582 MLS

Updated, elevated, and centrally located, this 2-bedroom, 1-bath half duplex offers an appealing combination of durable construction, modern finishes, and flexible Keys living. Located in the heart of Marathon and surrounded by mature native landscaping, the residence features CBS construction, an elevated design, a concrete roof, impact-resistant windows, and a newer HVAC system. Inside, the thoughtfully remodeled interior offers an open, comfortable layout with gray faux wood plank flooring, granite countertops, stainless steel appliances, and clean coastal finishes. Two covered parking bays beneath the home provide convenient space for vehicles, a boat, trailer, bicycles, fishing equipment, paddleboards, and the recreational gear that comes with Florida Keys living. Additional open parking and RV or trailer parking add to the property's everyday functionality. With seven-day minimum rentals permitted, the residence offers versatility as a primary home, seasonal retreat, employee-housing solution, or investment property, subject to applicable regulations. Separate electric and water meters provide additional convenience. Ideally positioned near shopping, dining, marinas, beaches, the community boat ramp, and daily conveniences, this move-in-ready property places the best of Marathon within easy reach. The adjoining half duplex is also available for purchase, creating a rare opportunity to acquire the entire property for expanded housing, multigenerational living, or investment potential.

1306 51st St, Marathon

$1,300,000

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 l waterfront inventory in the Florida Keys, this property presents a 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

$1,638,888

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

$1,400,000

10 Beds ⋅ 5 Baths ⋅ 618740 MLS

THIS UNIQUE WATERFRONT PROPERTY HAS 5 units on the property and all are long term rentals. There are 5 BUILDING RIGHTS that come with this property (please ask Listing Agents for details.

206 12th Street Gulf St, Marathon

$9,500,000

6 Beds ⋅ 11 Baths ⋅ 610645 MLS

Casa Mañana Shores, located in the heart of Marathon, is a developer's dream or a private owner's potential paradise. This secured gulf front estate offers 3.86 acres of land and is surrounded by an eight foot concrete wall with three gated entrances. The property boasts approximately 540 linear feet of Highway frontage and 695 linear feet of water frontage. It offers 218 feet of concrete dockage, including a cut-in protected boat slip. There is even room for a helicopter landing pad. This unique property is zoned mixed-use commercial and comes with one commercial transferable building right. It is currently a private residence with a separate garage and workshop. The 10,852 square foot mansion is solid concrete construction with concrete pilings and copper pipes. It has ten bedrooms, six and a half bathrooms, and a sauna, game room and great room. Repairs are needed, and the interior needs substantial updating. An attached partially screened enclosure holds an impressive 12 ft deep swimming pool that measures 25 x 50 ft. The garage/workshop is a separate structure with two rooms with mini split air conditioning. The existing structures could be demolished for those with a vision, leaving you with a 3.86 acre blank canvas in the center of town. Its versatile designation offers multiple possibilities for residential and/or commercial use. Over the years it has previously housed a motel with a marina, a 19-unit trailer park, and a restaurant. This property lends itself to a variety of development or rehabilitation possibilites to create the vision of your dreams!

6500-6600 Overseas Hwy, Marathon

$9,500,000

6 Beds ⋅ 11 Baths ⋅ 610643 MLS

Casa Mañana Shores, located in the heart of Marathon, is a developer's dream or a private owner's potential paradise. This secured gulf front estate offers 3.86 acres of land and is surrounded by an eight foot concrete wall with three gated entrances. The property boasts approximately 540 linear feet of Highway frontage and 695 linear feet of water frontage. It offers 218 feet of concrete seawall, including a cut-in protected boat slip. There is even room for a helicopter landing pad to be installed. This unique property is zoned mixed-use commercial and comes with one commercial transferable building right. It is currently a private residence with a separate garage and workshop. The 10,852 square foot mansion is solid concrete construction. It has ten bedrooms, six and a half bathrooms, a sauna, game room and great room. Repairs are needed, and the interior needs significant updating. An attached partially screened enclosure holds an impressive 12 ft deep swimming pool that measures 25 x 50 ft. The garage/workshop is a separate structure with two rooms with a mini split air conditioner. The existing structures could be demolished for those with a vision, leaving you with a 3.86 acre blank canvas in the center of town. Its versatile zoning designation offers multiple possibilities for residential and/or commercial use. Over the years it has previously housed a motel with a marina, a 19-unit trailer park, and a restaurant. This property presents the opportunity to create the ultimate secluded retreat of your dreams!

6500-6600 Overseas Hwy, Marathon

$699,000

3 Beds ⋅ 2 Baths ⋅ 617569 MLS

Welcome to 293 96th Street in Marathon — a beautifully updated coastal home offering the perfect mix of comfort, style, and easy Keys living. This single-family retreat sits on an oversized lot in a quiet neighborhood, making it ideal for boating, fishing, and enjoying everything the islands offer. Step inside to an open, light-filled layout featuring tile floors, fresh paint, and a spacious main living area designed for relaxing or entertaining. The updated kitchen includes modern cabinetry, granite counters, stainless appliances, and plenty of storage. With 3 bedrooms and 2 baths, the home offers a flexible layout for full-time living, vacation use, or investment potential. Enjoy outdoor living with a large covered patio, lush tropical landscaping, and an above ground pool with deck. The deep lot provides privacy and space for boat parking, RV storage, or future expansion. A ground-level enclosure adds additional storage for all your gear and toys. Located just minutes from shopping, dining, beautiful parks, and world-class fishing spots, this home delivers the best of Marathon in a peaceful residential setting. Whether you're looking for a Keys getaway or a solid investment opportunity, 293 96th Street is move-in ready and easy to love.

293 96th St, Marathon

$990,000

4 Beds ⋅ 2 Baths ⋅ 618176 MLS

Solid CBS full duplex in the heart of Marathon, set on an oversized 10,000 sq. ft. lot with mature native trees for added shade and privacy. Built for strength and long-term value, this elevated stilted property features concrete construction, a concrete roof, impact windows, newer HVAC systems, and four covered parking bays below. Each unit has been fully remodeled with gray faux wood flooring, granite countertops, stainless steel appliances, and clean modern finishes. The property has a strong income history, previously grossing approximately $69,000 annually, with one side currently left vacant for easy showings. Ideal for investors, employee housing, or living in one unit while renting the other, this duplex offers flexibility, usable outdoor space, covered parking, storage potential, and a central Marathon location close to shopping, dining, marinas, beaches, and daily conveniences.

1306 &1308 & St, Marathon

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