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Key Colony Subdivision Properties for Sale in Marathon, FL

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Total Listings 5
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$439,000
Marathon
Key Colony Subdivision - MM: 53.00
2 Bed, 2 Baths, 728 SqFt Days Listed: 90
Half Duplex - Contingent - Waterfront No
Side of Island: Bay/Gulf - Dockage: None

Charming 2/1 Half Duplex in Marathon, FL - Prime Location! 🌴 Florida Keys!This nicely remodeled 2-bedroom, 1-bath half duplex is the perfect long-term rental investment, or personal retreat. Located in a 7-night rental zone, it offers strong income potential and is one of the most affordable 2-bedroom homes in Marathon. Built with concrete block construction, a metal roof, and impact windows, this home is built to last. The tropical yard is filled with fruit trees and has plenty of space for a garden, plus a storage shed for all your outdoor gear. With ample parking, theres room for cars, boats, or a small RV.This home is in a prime location, just a short walk to restaurants, shopping, a pharmacy, and other conveniences. The Gulf of America is only steps away, offering serene waterfront views. For boating and fishing enthusiasts, the city boat ramp is just minutes away, providing easy access to both the Atlantic and the Gulf. Whether youre into world-class fishing, diving, or snorkeling, this home puts it all within reach. Dont miss this chance to own a turnkey Keys retreat at an unbeatable price--call today for a showing!

$575,000
Marathon
Key Colony Subdivision - MM: 53.00
2 Bed, 2 Baths, 783 SqFt Days Listed: 42
Single Family - Active - Waterfront No
Side of Island: Bay/Gulf - Dockage: None

Exceptional Florida Keys Retreat - Fully Updated & Move-In Ready!Opportunity is knocking! This beautifully renovated CBS-built home in Marathon is the perfect blend of modern comfort and coastal charm. Featuring 2 bedrooms and 2 bathrooms, this home has been completely updated with new impact windows, a new roof, stylishly remodeled bathrooms, a brand-new kitchen with quartz countertops and stainless steel appliances, new flooring, new fencing and new AC units.Situated on a prime corner lot, the property offers ample parking for an RV, boat, or trailer. The covered carport and utility room add to the homes convenience. Whether youre looking for a full-time residence, vacation getaway, or investment property, this home offers 7-day vacation rental potential for extra income. Its also an ideal choice for employee housing.Located in the heart of Marathon, youre just minutes from dining, boat ramps, and the shores of Coco Plum Beach. Dont miss this opportunity to own a turnkey Keys retreat--ready to enjoy from day one!

$1,598,000
Marathon
Key Colony Subdivision - MM: 53.00
4 Bed, 4 Baths, 2,565 SqFt Days Listed: 223
-15.81% ($300,000) 6 Price Changes : Last Change 5 Days Ago
Single Family - Contingent - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Davits77ft.Concrete

Immaculate and stunning, this Marathon home is the epitome of craftsmanship and beauty, maintained meticulously by full-time owners with an eye for detail. Nestled in lush landscaping, this 3-story residence offers complete privacy and curb appeal with a paver driveway and a flawless exterior that offers room for a pool. Step onto the 77 ft. concrete dock, complete with a step-down for easy boat loading and 2 sets of davits offer immediate Gulf access along with quick ocean access through nearby Vaca Cut. The homes hurricane-impact windows & doors provide security, while spacious interiors with impeccable finishes highlight the main level, featuring a modern granite kitchen, over-sized laundry room/office, and a half bath, all leading to a covered porch overlooking palms and water. Upstairs, find 3 bedrooms, including a master suite with a walk-in closet, ensuite bath, and a private balcony with tropical views. At ground level, more above flood living space complete with its own patio, bedroom and bathroom with exterior access. With an addition of a pool, this property could become a top-performing vacation rental- projected to generate approx. $90K in its first year!

$1,720,000
Marathon
Key Colony Subdivision - MM: 53.00
5 Bed, 5 Baths, 2,416 SqFt Days Listed: 18
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: 100ft.Concrete

Tropical Waterfront Escape | 11243 3rd Avenue Gulf, Marathon, FL 33050Welcome to your ultimate Keys getaway -- a spacious and stylish waterfront retreat in the heart of Marathon thats fully equipped for vacation rental success or relaxed tropical living. With 5 bedrooms, 4 full baths, and a flexible layout that comfortably hosts up to 12 guests, this property offers a rare blend of island charm, income potential, and exceptional amenities.Step inside to discover an inviting open-concept interior featuring a chefs kitchen with a gas range, stainless appliances, and generous prep space. The primary suite is a private sanctuary complete with a king bed, sofa bed, and spa-inspired ensuite bath. Additional guest rooms are thoughtfully appointed with a mix of king, queen, and twin accommodations -- ideal for large families or groups.Outdoors, unwind by the 330 sq ft private pool, complete with TWO new tiki huts -- one poolside and another near the fish cleaning station for added shade and entertaining. The brand-new putting green, oversized yard, and game zone (including ping pong, Pac-Man, foosball, basketball, and giant yard games) make this home the perfect playground for all ages.Boaters and anglers will love the 115-ft private dock with water and power -- plenty of room for multiple boats. A bait freezer, ice maker, and shaded cleaning station add convenience for your next big catch. Theres even room to park an RV, plus additional space for cars and trailers.This property is being sold fully furnished and vacation rental ready, complete with future bookings and repeat guests, making it an easy turn-key investment. An affordable assumable flood policy sweetens the deal.Dont miss this rare opportunity to own a piece of paradise that truly has it all -- space, income, lifestyle, and location.Schedule your private showing today and get ready to live the dream in the Florida Keys! Interior Photos are coming soon!

$2,399,000
Marathon
Key Colony Subdivision - MM: 53.00
4 Bed, 4 Baths, 2,304 SqFt Days Listed: 55
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift,Other Dock

Waterfront Pool Home with Deep-Water Dockage & Direct Gulf Access!Welcome to 10980 3rd Avenue Gulf -- a true boaters paradise tucked away on an oversized private lot along a wide and deep canal. With multiple dockage options for large boats, a boat lift, and instant Gulf access (plus ocean access just minutes away via Vaca Cut), this property is ideal for serious anglers and water enthusiasts alike.This well-maintained home offers spacious living areas, a nicely updated kitchen with granite countertops, and a tranquil screened-in porch perfect for relaxing after a day on the water. The layout is open and inviting, providing plenty of room to entertain and unwind.Step outside to enjoy the screened-in pool, covered patio, summer kitchen, and generous yard space. With ample parking, a detached garage, and all the must-have outdoor features -- including a boat dock, lift, and fish cleaning station -- this home offers everything you need for effortless Keys living.

More Info
Most Recent Sales - (13) - Key Colony Sub as of 2025-06-14
Sale Date Address Sale Price $/SF List Price Sq. Ft. Type Bd/Ba Days Listed
03-21-2025 11300 1St Avenue Gulf $880,000 $690 $1,100,000 1,275 Single Family 3/2 140
01-31-2025 11295 3rd Avenue Gulf $1,315,000 $682 $1,490,000 1,926 Single Family 3/2 183
01-29-2025 1875 109th Street Gulf A $465,000 $673 $475,000 690 Half Duplex 2/1 352
12-05-2024 10976 3Rd Avenue Gulf $1,210,000 $1,050 $1,400,000 1,152 Single Family 3/2 136
11-19-2024 1875 109Th Street Gulf B $500,000 $724 $520,000 690 Half Duplex 2/1 281
10-17-2024 130 109Th Street Gulf $780,000 $572 $799,000 1,362 Single Family 3/2 83
05-16-2024 11260 5Th Avenue Gulf $953,000 $440 $936,000 2,164 Single Family 4/3 35
05-06-2024 10703-05 2nd Avenue Gulf $450,000 $491 $450,000 916 Duplex 2/2 52
04-26-2024 10824 1st Ave Gulf $500,000 $638 $549,900 783 Single Family 2/2 106
03-25-2024 11260 6Th Avenue Gulf $1,620,000 $700 $1,695,000 2,312 Single Family 3/3 413
02-28-2024 11252 5th Ave Gulf $2,350,000 $1,309 $2,399,000 1,795 Single Family 4/3 45
02-23-2024 10749 3rd Avenue Gulf $699,000 $466 $699,000 1,500 Duplex 4/2 33
06-28-2023 11200 1St Avenue Gulf $1,599,000 $1,270 $1,599,000 1,259 Single Family 3/3 111
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The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated on 06-14-2025.
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