246 & 248 Pescayo Avenue, Marathon, FL 33050

Marathon
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 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...

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Home facts

  • Listing ID #:614973
  • Added:382 day(s) ago
  • Updated:May 09, 2026 at 02:50 PM

Structure and exterior

  • Lot area:0.5 Acres
  • Lot Features:Cleared Site, Cul-de-Sac, Mangrove, Paved Street, Water Frontage

Finances and disclosures

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

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