A Waterfront Escape That Works as Hard as You Play! Imagine spending your mornings on the water, your afternoons enjoying the Florida Keys sunshine, and knowing your waterfront home has a strong rental history when you're away.
Welcome to Luna Light, a newer waterfront property in Marathon that offers the combination Keys buyers are looking for: excellent dockage, quick ocean access, and a proven history as a vacation rental. Whether your ideal day involves fishing, diving, or simply cruising the beautiful waters of the Florida Keys, your next adventure begins right outside your door. For buyers seeking a home to enjoy personally while generating rental income. Call for your showing today!
Under contract
$2,399,000
229 Pescayo Ave, Marathon, FL 33050
4beds
2,040sqft
Single Family Residence
Built in 2023
0.38 Acres Lot
$2,270,800 Zestimate®
$1,176/sqft
$-- HOA
What's special
Quick ocean accessExcellent dockageWaterfront property
- 178 days
- 407
- 32
Zillow last checked:
Listing updated:
Listed by:
Kim Rabito Show 305-304-8591,
Coldwell Banker Schmitt Real Estate Co.
Source: FLKMLS,MLS#: 619881
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Wine Cooler, Stainless Steel Appliance(s)
Features
- Split Bedroom, Storage, Quartz Countertops
- Flooring: Tile
- Furnished: Yes
Interior area
- Total structure area: 2,040
- Total interior livable area: 2,040 sqft
Video & virtual tour
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Porch/Balcony
- Exterior features: Lighting, Storage
- Has private pool: Yes
- Pool features: In Ground, Concrete, Decked
- On waterfront: Yes
Lot
- Size: 0.38 Acres
Details
- Parcel number: 00363451000500
- Zoning: RH - Residential High
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Utilities for property: Water Separate Meter, Elect Separate Meter
Community & HOA
Community
- Features: Beach, Bike Paths
- Security: On Premises System
- Subdivision: Coco Plum Beach (54.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Marathon
Financial & listing details
- Price per square foot: $1,176/sqft
- Tax assessed value: $1,788,214
- Annual tax amount: $13,262
- Date on market: 5/13/2026
Estimated market value
$2,270,800
$2.16M - $2.38M
$6,194/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Contingent | $2,399,000$1,176/sqft |
Source: | ||
| 8/1/2026 | Price change | $2,399,000-2.1%$1,176/sqft |
Source: | ||
| 6/23/2026 | Price change | $2,450,000-2%$1,201/sqft |
Source: | ||
| 5/13/2026 | Listed for sale | $2,500,000$1,225/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,262 +7.1% | $1,249,813 +10% |
| 2024 | $12,382 +177.3% | $1,136,194 +202.6% |
| 2023 | $4,465 +16.5% | $375,487 +7.1% |
| 2022 | $3,834 | $350,456 |
Find assessor info on the county website
Monthly payment
Est. payment






