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Under contract
  • $2,399,000

    229 Pescayo Ave, Marathon, FL 33050

    4beds
    2,040sqft
    : 
    $14,180/mo
    Get pre-qualified
    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
    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!
    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#: 619881MLS Logo

      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

        DateEventPrice
        10/29/2026Contingent$2,399,000$1,176/sqft
        Source: FLKMLS #619881 Report a problem
        8/1/2026Price change$2,399,000-2.1%$1,176/sqft
        Source: Key West AOR #619881 Report a problem
        6/23/2026Price change$2,450,000-2%$1,201/sqft
        Source: Key West AOR #619881 Report a problem
        5/13/2026Listed for sale$2,500,000$1,225/sqft
        Source: Key West AOR #619881 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33050

        Getting around

        4 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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