246 & 248 Pescayo Avenue, Marathon, FL 33050

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
246 & 248 Pescayo Avenue,Marathon, FL 33050
$2,950,000
  • 0.5 Acres
  • Lots / Land
  • Active
Listed by: joshua james mothner, teri hiller
Office: coldwell banker schmitt real estate co.
MLS#:614973
Source:FL_FKBOR

Price summary

  • Price:$2,950,000

About this home

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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:614973
  • Added:245 day(s) ago
  • Updated:January 11, 2026 at 03:22 PM

Structure and exterior

  • Lot area:0.5 Acres

Finances and disclosures

  • Price:$2,950,000
  • Tax amount:$4,670 (2024)