246 & 248 Pescayo Avenue , FL - MARATHON
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 personal Keys retreat today.
Listing Summary for 246 & 248 Pescayo Avenue
Price:
$4,500,000
Bedrooms:
n/a
Bathrooms:
n/a
Half Baths:
n/a
Square Footage:
21,798
Lot Sq. Ft.:
n/a
Year Built:
n/a
Property Type:
Vacant Land
Sub-Type:
MLS® #:
614973
Status:
Active
Address:
246 & 248 Pescayo Avenue
City:
Marathon
State:
FL
Zip:
33050
County:
Monroe
Key:
Marathon
Side of Island:
Ocean
Community:
Coco Plum Beach
Mile Marker:
54.50
Tax Year:
2024
Date Listed:
05-10-2025
Additional Information
Is Waterfront:
Yes
Waterfront Type:
Canal Front
View
Ocean View,Harbor/Marina View
Has Pool:
n/a
Pool Info:
n/a
Short Sale:
No
Foreclosure:
No
Pets:
n/a
Docakge Type:
n/a
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
n/a
Building Construction:
n/a
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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. The MLS data provided for the property above (614973) is provided courtesy of (Coldwell Banker Schmitt Real Estate Co.). Data last updated on 06-02-2025.
