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Luxury Spotlight - Marathon Luxury Home Demand on the Rise

Luxury real estate for sale in the Florida Keys is always a hot commodity. Foreign investors and domestic buyers alike recognize the value in purchasing a spectacular waterfront estate in the Keys and understand the ability to live a lifestyle unlike anywhere else that is afforded by owning in the Keys. Perennial favorite spots for luxury homes include Key Largo and Key West. Demand is increasingly growing, however, for luxury properties in Marathon. More secluded than Key Largo, but not as isolated as the Lower Keys, luxury buyers are increasingly seeing Marathon as the perfect balance between the two.

As of November 2021, the luxury real estate market in Marathon is thriving. There are more than 50 luxury homes for sale in Marathon priced at between $500,000 and nearly $13 million. One of the most recognizable neighborhoods in this market for those with the ability to pay these hefty price tags is Coco Plum Beach. Located on the ocean side of the island, homes in Coco Plum Beach are often located beachfront, with stunning open water views. A similarly popular Marathon neighborhood is located adjacent to Coco Plum Beach and offers similarly spectacular luxury homes. Key Colony Beach homes are easily some of the most dazzling pieces of real estate in any of the Florida Keys. All homes are waterfront jewels and offer high-end luxury at its finest.

Some of the most expensive pieces of Florida Keys real estate sold recently have been located in Marathon. A mega-mansion that sold this summer for $10.7 million was located in Marathon, and featured its own lobster farm! A private island located just offshore has been for sale for nearly $12 million. And a spectacular 12,000 square foot Marathon oceanfront mansion is currently priced at nearly $13 million. Luxury homes are being listed and sold at record paces, illustrating the clear trend of affluent buyers choosing Florida as their destination of choice.

Broker's Edge Realty
92300 Overseas Hwy Suite 303
Key Largo, Florida 33070

1(800) 692-3605
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