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Lot/land
  • $4,500,000

    246 & 248 Pescayo Ave, Marathon, FL 33050

    --beds
    --baths
    0.5Acres
    Unimproved Land
    Built in ----
    0.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    103 days
    on Zillow
    |
    129
    |
    3
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    Zillow last checked: 7 hours ago

    Listing updated: May 17, 2025 at 02:58am

    Listed by:

    Joshua James Mothner 305-942-9519,

    Coldwell Banker Schmitt Real Estate Co.,

    Teri Hiller 305-481-0361,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 614973MLS LogoOriginating MLS: Marathon/Lower Keys
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    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Ocean, Harbor/Marina View
    • Water view: Ocean,Harbor/Marina View
    • Waterfront features: Canal Front, Waterfront, Water Frontage, Dock Permit: Yes
    Lot
    • Size: 0.5 Acres
    • Features: 1/4 - 1/2 Acre, Cleared, Cul-De-Sac
    • Residential vegetation: Mangrove
    Details
    • Additional parcels included: 00363511000400
    • Parcel number: 00363511000500
    • Zoning: RH
    • Zoning description: Residential High

    Community & HOA

    Community
    • Features: Beach
    • Subdivision: Coco Plum Beach (54.5)
    HOA
    • Has HOA: No
    Location
    • Region: Marathon

    Financial & listing details

    • Annual tax amount: $4,670
    • Date on market: 5/10/2025
    • Road surface type: Paved
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