$2,950,000
 $15,836 est/mo Sourced by Back At You

246 & 248 Pescayo Avenue,MARATHON, FL 33050

MARATHON, FL 33050

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Description

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 courtall 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 waitingjust groundbreaking luxury. Watch the video Create your personal Keys retreat today.

Details

MLS #614973
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site470
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Joshua James Mothner

Features

ZoningRH - Residential High
Acreage0.50
Water FrontYes
Property ViewHarbor, Marina View, Ocean

Taxes

Property4670

Area Information

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area18 East of Holiday Inn US #1 & Coco Plum
Community NameCoco Plum Beach (54.5)
Sourced by Back At You

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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area18 East of Holiday Inn US #1 & Coco Plum
Community NameCoco Plum Beach (54.5)
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.212M - $3.687M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
252 Pescayo Avenue Property Photo 1
$1,395,000
252 Pescayo Avenue
Marathon, FL 33050
246 Pescayo Avenue Property Photo 1
$1,500,000
246 Pescayo Avenue
Marathon, FL 33050
248 Pescayo Avenue Property Photo 1
$1,350,000
248 Pescayo Avenue
Marathon, FL 33050
Listing Updated: July 22, 2026 at 12:22:54 PM PDT