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Marathon Waterfront Homes on the Bay / Gulf Side of the Island For Sale

Total Listings 38
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$2,750,000
Marathon
Hawaiian Village   - MM: 53.50
3 Bed, 3 Baths, 2,391 SqFt Days Listed: 14
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift40ft.

Welcome to Casa del Sol, a stunning waterfront retreat perched on the edge of Vaca Cut--offering direct, deep water access and all the charm of the Keys wrapped in modern comfort. This beautifully updated 3-bedroom, 2.5-bath home spans over 2,300 square feet of coastal living, with thoughtful upgrades throughout. New metal roof was done in 2023 along with 2nd level windows upgraded to impact. The first level features the spacious primary suite and boasts restored Dade County pine flooring, preserving the homes timeless character. Upstairs, youll find two inviting guest bedrooms with new luxury vinyl plank flooring, all tastefully furnished and ready to enjoy. The kitchen and open living areas flow seamlessly onto a large screened-in porch--perfect for indoor-outdoor entertaining or soaking in the island breeze. Outside, enjoy your private pool and rare tidal pool, plus a 16,000 lb boat lift and deep water dockage--ideal for boating enthusiasts seeking quick access to both the Atlantic and Gulf via Vaca Cut. Whether youre seeking a Keys getaway, a high-performing active vacation rental, or a full-time residence, Casa del Sol offers it all--upgraded, furnished, and move-in ready.

$2,798,000
Marathon
Marathon Beach   - MM: 49.00
5 Bed, 5 Baths, 2,392 SqFt Days Listed: 79
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: None

Emerald Flats, a DAsign Source development, situated in the heart of the Florida Keys within walking distance to restaurants, Marathon Community Park, and various water activities, while a short drive to Sombrero Beach, Bahia Honda State Park, Islamorada or Key West. Brand new CBS construction home in new gated development, with open concept kitchen, dining and living room including Quartz Countertops and KitchenAid appliances including a bar with beverage/wine refrigerator. Master bedroom with en suite bath and balcony with water views, as well as Junior Master with en suite and gorgeous marina views. Concrete in ground pool and site/ landscaping are included. Furniture and AV package are included. Boat slip available for additional $45K upgrade, slip size is 46.5 in length and 13 wide in the marina basin area.

$2,895,000
Marathon
Grassy Key   - MM: 58.90
2 Bed, 2 Baths, 1,344 SqFt Days Listed: 150
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift300ft.

You dont come to the islands to stay in a town! Relax in YOUR VERY OWN TROPICAL PARADISE away from the traffic and noise of US Hwy #1 and located on renowned MORTON Street. Minutes to Marathon but tucked away from all the worries of the main land. This 2 bed / 2 bath GULF front/ BEACH front home is calling you ...This palm studded 1/2 ACRE property, overlooks the Gulf, Can you say Beach House? Panoramic Open water views from your living area, Dock, Tranquil fenced-in yard with in ground heated concrete pool?? From House, to Dock, to Beach, to Pool, this home HAS IT ALL! Breathtaking SUNSETS right from the dock. Almost like you are living on your own island!The perfect location is also the ULTIMATE OASIS blending privacy and nature in a jaw dropping setting. Special features of this home include; a gourmet kitchen with granite counter tops & stainless steel appliances. Two ensuite bedrooms & an expansive living room with large windows to take in ALL the GULF views from every angle. The downstairs area has plenty of storage space, a laundry area and a separate garage area. Plenty of room to park. The wooden dock is complete with a new 25K lbs boat lift and a fish cleaning station and bench for fishing. New AC and a metal roof. Property comes fully furnished & turn-key, rental ready. This property is a very active weekly vacation rental currently grossing $170K / year with an exceptional 10/10 rating and 100s of positive reviews.After a full day in the sun there is no better place to relax than in your cool fresh water pool surrounded by the well maintained lush garden oasis. You will love the massive coconut and royal palms, the 9 high bird of paradise, the banana and key lime trees, blooming hibiscus & orchids. So whether you are coming to the keys to relax, fish, kayak, snorkel, dive or whatever your heart desires the White Sands has it all. Call today, before this dream home is SOLD! Showings by appointment, do not walk property.

$2,899,000
Marathon
Stirrup Key Subdivision   - MM: 52.50
4 Bed, 4 Baths, 3,476 SqFt Days Listed: 69
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: 115ft.Rip Rap

Experience waterfront living at its finest in this beautiful 2 story residence with a ground level elevated entry that has been renovated to achieve the perfect blend of coastal living with upscale entertaining in mind. Thoughtfully designed with an open and airy interior space, and grand entrance that flows effortlessly onto two outdoor balconies makes this residence perfect for entertaining or relaxing and enjoying the bay and sunset views. Features include a beautiful granite kitchen, custom and private bar area, open concept great room and neutral tiled flooring. The spacious chefs kitchen with granite counter tops and stainless steel appliances, a second level master suite with walk in closet, en suite bathroom with jetted tub and separate shower, three well appointed guest bedrooms, 3 bathrooms and office space off the main living area. Windowed porches allow for more living space outside of air-conditioned space as well as more entertaining room. Enjoy fishing off the dock or boating in and out of the area. The nearby community park boasts a small beach, and boat ramp which can be used to launch your boat. Restricted rentals makes this community even more desirable due to less vacation rentals and more serenity. This open water bay front home is located near Marathon Airport and the property can be purchased on one lot or can be combined with two parcels for potentially more living space, a cabana accessory structure, pool, putting green, or pickle ball court. Buy both for future potential living space or simply enjoy the green space overlooking the Florida Bay. Additional lot can be purchase separately and is contiguous to this home on 120 Pirates Cove Drive in exclusive and gated Stirrup Key.

$2,999,000
Marathon
Stirrup Key Subdivision   - MM: 52.50
4 Bed, 4 Baths, 2,521 SqFt Days Listed: 81
-28.58% ($1,200,000) 2 Price Changes : Last Change 2 Days Ago
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift,Boat Slip

Nestled in the prestigious gated community of Stirrup Key, this 2013 custom built CBS Open water home features 4 bedrooms 4 bathrooms and is a contemporary coastal masterpiece, showcasing luxurious finishes, panoramic open water views and the ultimate Keys lifestyle. Surrounded by lush tropical landscaping, this property is a private sanctuary, featuring vibrant greenery, fruit trees, and butterfly-friendly gardens that create a serene, natural oasis. In the evenings, outdoor landscape lighting adds an enchanting ambiance making the property ideal for entertaining or quiet relaxation. Inside, the open-concept design is bathed in natural light from floor-to-ceiling impact-resistant windows/doors that frame uninterrupted water views. The main level features a thoughtfully designed layout, highlighted by a chefs kitchen with stainless appliances, custom cabinetry and generous counter space, all perfect for entertaining. The primary suite, conveniently located on the main level, offers a luxurious retreat with spectacular water views, a spa-like en-suite bathroom, and direct access to the outdoor living area. The rear of the property is designed for outdoor living at its finest. An elevated infinity-edge pool blends seamlessly with the horizon, offering a tranquil space to relax while overlooking the water. A private observation platform provides the perfect spot for morning coffee or evening cocktails under the stars. For boating enthusiasts, a deeded boat slip in the communitys protected marina is also included. The lower enclosure includes a spacious 2 car garage and an abundance of storage for recreational gear, tools and equipment. This rare gem combines luxury, privacy and convenience and is located just minutes from local restaurants, shopping, beaches and the Marathon Jet Center.

$3,100,000
Marathon
Stirrup Key Subdivision   - MM: 52.50
3 Bed, 3 Baths, 1,995 SqFt Days Listed: 216
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift,Other Dock

UPSCALE OPEN WATER RETREAT available on prestigious Stirrup Key! Experience stunning OPEN WATER views from this exceptional home, offering the ultimate island lifestyle. Nestled on the coveted Stirrup Key, this 3 bedroom, 2 bath residence boasts mesmerizing Gulf views that captivate you from the moment you arrive. Relax on the expansive upstairs balcony - perfect for watching boats cruise by or take a refreshing dip in your private pool. This home is perfect for entertaining with its spacious outdoor balcony and open concept living area featuring vaulted ceilings with light wood accents that enhance the airy, coastal feel. The master bedroom and living room offer panoramic views of the shimmering waters. The property is equipped with two boat slips - one with a 7000-pound boat lift and another ideal for a jet ski - and an EZ-Dock to park your kayak or canoe. An additional lot to the west and a half-lot to the east provide over 28,000 square feet of land! Complete the package with a multi-car capacity garage and ample space for storage, a swimming pool, and a lift for easy access.This 60-acre gated community offers peace of mind and privacy, yet is only minutes from fine dining, shopping, the airport, and other local amenities. Tastefully furnished and ready for you to move in, this homes let you embrace the exclusive Keys lifestyle. For additional details about the Stirrup Key HOA, visit https://skhoa.com. Dont miss this opportunity to own your slice of paradise. Its a hidden gem!

$3,225,000
Marathon
Stirrup Key Subdivision   - MM: 52.50
4 Bed, 4 Baths, 2,620 SqFt Days Listed: 28
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Ramp,Other Dock

Discover your dream waterfront lifestyle on an expansive 13,135 sq ft gulf lot, boasting breathtaking open water views. This exceptional 4 bedroom, 2 bathroom, 1 half bath home, plus loft, offers 2,620 sq ft of luxurious living space under air, with a total of 4,920 sq ft. Built in 2018 with superior CBS construction, this residence is elevated 11 ft above sea level and features a durable metal roof, ensuring lasting quality and peace of mind.Step into a backyard oasis designed for ultimate relaxation and entertainment. Enjoy a sandy beach area, travertine deck, sparkling pool, and rejuvenating jacuzzi. For boating enthusiasts, a 12 ft wide deeded marina slip, valued at $150,000, is included, along with an approved permit to extend the back dock with a 20,000 lb boat lift, two jet ski lifts, and pilings ready for a 60 ft yacht (permit worth about $100K). The ample side yard provides plenty of space for multiple watercrafts.Inside, youll find a bright, white kitchen equipped with stainless steel appliances, elegant plantation shutters, and beautiful travertine and wood flooring. Impact windows and doors throughout the home enhance both safety and energy efficiency.Located in the exclusive gated community of Stirrup Key, youll enjoy unparalleled privacy and tranquility, with the added convenience of a community boat ramp. Experience dramatic sunrises and romantic sunsets every day from this extraordinary waterfront haven. This is more than a home; its a lifestyle.

$3,299,000
Marathon
Sombrero Beach Village   - MM: 49.50
4 Bed, 4 Baths, 2,532 SqFt Days Listed: 109
-9.59% ($350,000) 2 Price Changes : Last Change 18 Days Ago
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: n/a

Welcome to 4 Sandpiper Lane, a rare waterfront treasure in the heart of Marathon, FL, offering breathtaking open water views and incredible potential. This exceptional property features a spacious 2-bedroom, 2-bathroom layout upstairs, along with a versatile 3-bedroom, 1-bathroom ground-level space. Two of the downstairs bedrooms have private entry to the outdoors, providing added convenience and privacy for guests or family members.Upstairs, the master bedroom boasts private access to the balcony, allowing you to wake up to stunning sunrises over the ocean. The expansive balcony is perfect for enjoying serene sunsets and the calming ocean breeze.The property is situated on an impressive lot with 297 feet of seawall, offering direct water access for boating, fishing, or simply enjoying the coastal lifestyle. Located just one block from the beach, it combines the best of waterfront living with proximity to pristine sandy shores.Additionally, this property presents a unique development opportunity with enough density for up to three homes, making it a valuable investment in paradise.Whether youre seeking a tranquil retreat or a development project with limitless possibilities, 4 Sandpiper Lane is a true Florida Keys gem. Schedule your private tour today!

$3,750,000
Marathon
Pearces Subdivision   - MM: 47.50
4 Bed, 4 Baths, 2,469 SqFt Days Listed: 123
-2.60% ($100,000) 1 Price Change : Last Change 28 Days Ago
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift35ft.

Welcome to 830 50th Court, a stunning Gulf-front property in Marathon, Florida, offering breathtaking open water views and spectacular sunsets. This tropical oasis is situated on two expansive lots totaling over 27,500 square feet, providing ample space and privacy. This home features 4 bedrooms and 3 bathrooms within approximately 2,469 square feet of living space. Pre-Firm home will allow the downstairs living area, which is a huge bonus on additional square footage, and insurance cost. The second floor is the crown jewel of this home. Absolutely stunning views of the gulf and sunsets. The second floor has a large living room that seamlessly connects to the new updated kitchen for a full entertainers dream. Split floor plan with each bedroom on either side of the second floor.Downstairs two bedrooms and one bathroom that is perfect for guest or family, an amazing lanai connects the two bedrooms. This is just a great home to sit and relax and cook the catch of the day with friends and family!Outdoor amenities include a 35-foot dock, with a 15,000 pound boat lift, providing direct access to the Gulf of Mexico, ideal for boating enthusiasts. The property also features a volleyball pool which is 3.5 feet deep on each side and 5.5 deep in the middle, perfect for relaxation and enjoying the Florida Keys sunshine. Additional highlights of this property include a gated entrance, fully fenced grounds, and lush tropical landscaping with fruit-producing trees. The concrete block construction, hurricane impact windows, shutters and metal roof offer durability and peace of mind. Located in the heart of Marathon, this property provides convenient access to local amenities, shopping, dining, and the Marathon Airport. This is an active vacation rental, so amazing for any investor, boater, lover of nature and fantastic sunsets, maybe youre a lover of them all. Call today for your private showing!

$3,900,000
Marathon
Stirrup Key Subdivision   - MM: 52.50
4 Bed, 4 Baths, 3,414 SqFt Days Listed: 9
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Assigned Dock

Nestled in Marathons most renowned gated community, this gulf front Stirrup Key CBS-built home offers four bedrooms and three bathrooms. Featuring a gourmet chefs kitchen with stainless appliances, boasting with beautiful water views throughout the house. Perfect for entertaining, with its expansive indoor-outdoor living space, you can enjoy year-round. A community boat ramp where fishing and boating is not just a hobby but a lifestyle. Catch the magnificent sunrise as you sip your morning coffee or the alluring sunset as you enjoy your evening limitation. This home is offered with an adjacent lot and building right. Build your dream guest house and give your guests their secluded privacy. A lift to make groceries and handicapped access a breeze. Stirrup Key is a 60-acre golf cart community where getting around is very convenient. This home captures the true essence of the true Florida Keys lifestyle and seclusion that is nonpareil.

$3,999,000
Marathon
Crains Subdivision   - MM: 58.00
6 Bed, 6 Baths, 5,757 SqFt Days Listed: 153
-11.11% ($500,000) 2 Price Changes : Last Change 22 Days Ago
Single Family - Contingent - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift,Basin,Boat

Tropical Bayfront Estate nestled into almost 2 lushly landscaped private acres with 3 building rights included! Everything you could possibly need is right here! Main House, Guest House, Pool, Pool Apartment, Storage Building, Dock, Boat Basin, Boat Ramp, Boat lift, and UNBELIEVABLE never-ending turquoise sea views! Well-appointed details found throughout the main home include soaring wood planked ceilings. Spacious kitchen featuring granite counters, upgraded stainless steel appliances, island, and built-in cabinetry and bar plus a separate dining room. The Master Retreat encompasses the entire second floor with a grand Master Bathroom featuring double vanity sink, and soaking tub overlooking the bay, and a comfortable loft; the perfect vantage point for taking in the stunning Open Water Views. Plenty of room for all with two en suite guest bedrooms, and a home office which could easily be converted to a third guest bedroom. Outside the main house, youll find an attached pool house with its own entrance, and additional living space and guest bedroom, as well as a private guest cottage, separate from the main residence. The main house is CBS construction, with impact doors and windows, with a new metal roof in 2021. Peace and privacy abound at this exemplary Marathon paradise! Dont miss this must see property!

$5,299,000
Marathon
Woodburns Subdivision   - MM: 49.50
3 Bed, 3 Baths, 2,428 SqFt Days Listed: 57
-4.78% ($266,000) 1 Price Change : Last Change 2 Days Ago
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Other Dockage90ft.

Private Waterfront Estate in the Florida KeysThis gated, one-acre estate offers the ultimate blend of privacy, nature, and waterfront living in the heart of the Florida Keys. Nestled among lush, mature tropical landscaping, the property feels like a secluded island retreat. As you pass through the gates, you are welcomed by a beautifully manicured paradise with a coral-cut shoreline, a firepit at the waters edge, and panoramic sunset views over the open water. Just offshore, two small uninhabited islands provide a unique opportunity for exploration.The 3-bedroom, 3-bathroom home is designed for comfort and indoor-outdoor living, with an open concept living room, kitchen, and dining area that seamlessly flows into multiple outdoor living spaces. The upper level includes two spacious bedrooms and two bathrooms, while the conforming lower level offers an additional bedroom, bath, sitting area, and a separate entrance--perfect for guests or an in-law suite. A tool/storage room on the ground floor adds to the convenience of this beautiful estate. The wraparound balcony that surrounds the entire home includes several screened-in areas, enhancing the flow of indoor-outdoor living.Updated with a new metal roof in 2024, the home features stainless steel appliances and breathtaking water views. The property boasts approximately 520 feet of shoreline and a custom dock, including an 84-foot by 4-foot dock with a 21-foot by 8-foot extension and a double floating dock for two jet skis--perfect for boating enthusiasts. Covered parking for four cars is available under the elevated home, with additional parking along the entrance way leading to a circular driveway.Set on three originally platted lots (12, 13, and 14), the property offers the flexibility to separate, redevelop, or keep as a private compound. Located just a short walk from fine dining, shopping, and more, this rare waterfront offering combines serenity, convenience, and endless possibilities.

$5,499,000
Marathon
Crains Subdivision   - MM: 58.00
3 Bed, 3 Baths, 5,220 SqFt Days Listed: 121
-7.58% ($451,000) 1 Price Change : Last Change 2 Days Ago
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift,Basin

Nestled on a secluded 2-acre lot in Grassy Key, Marathon, this gated waterfront estate boasts 5,220 sq. ft. and is highlighted with a ton of amenities including two docks, 4 post boat lift, private sandy beach and an infinity-edge elevated pool blending seamlessly with the gulf and featuring a built-in table and chairs for relaxing or entertaining. Expansive covered areas by the pool offer shaded spots for lounging and has direct access to the living areas. Double entry doors with intricate carved wood details welcome you into a light-filled home. The open-concept living area is graced by large windows and sliding glass doors that frame panoramic views and create a seamless connection between indoors and outdoors. A striking marble fireplace serves as the focal point. Every element of this home reflects thoughtful design, from the impact-rated doors and windows, in-house elevator plus marble floors, exquisite cabinetry, and refined finishes enhancing the homes timeless appeal. The main kitchen is a chefs delight, featuring granite countertops, two wine coolers, and abundant cabinetry. A cozy dining nook encased in windows offers stunning gulf views, creating the perfect setting for every meal. The primary suite is a sanctuary of luxury, featuring panoramic gulf views, a two-sided fireplace, and direct access to the pool. The en-suite bathroom offers a private sauna, jetted tub, walk-in shower, and makeup counter, creating a spa-like retreat. The guest quarters are designed for comfort and independence, offering a morning kitchen and two guest suites. Each suite includes its own en-suite bathroom and generous closet space, ensuring privacy and convenience for visitors. The large office can also serve as a 4th Bedroom. Additional amenities include a home theater room complete with reclining seats and bar plus an oversized 3-car garage with lift.

$5,500,000
Marathon
Fat Deer Key   - MM: 53.00
10 Bed, 10 Baths, 6,128 SqFt Days Listed: 15
Multi-Units - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: n/a

Live and/or work in this RARE 100 of waterfront re-development opportunity with DEEP WATER DOCKAGE APPROVED! 200 HIGHWAY FRONTAGE! Huge 74,890 SQ FT site with an ACTIVE Conditional Use PERMIT for 10 unit and 4 affordable staff group home units, price INCLUDES 6 MARKET RATE TBRs, which could be sold off separately if desired. This MIXED USE ZONING has many commercial-residential possibilities...for example: could go to 10 market rate units on site, or higher density with affordable housing, or boutique HOTEL if you bring transient rights, etc. Includes a two-story raised CBS 6,128 SQ FT building that could be used in so many different ways, includes 2,340 SQ FT of extra outdoor porches. This would make an amazing live-work setup, or re-hab the huge building into whatever your imagination could create. BEST LOCATION near Vaca Cut for easy Ocean-Bay access, easy airport access, SHORT-TERM RENTAL FRIENDLY! Contact Peter and Ewa Schwarz for more info and a private viewing of this amazing opportunity to get into THE KEYS LIFESTYLE...live, work, business, family compound...you can do it all right here on the water!

$6,798,000
Marathon
Woodburns Subdivision   - MM: 49.50
4 Bed, 4 Baths, 3,212 SqFt Days Listed: 57
-5.11% ($366,000) 1 Price Change : Last Change 2 Days Ago
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Other Dockage92ft.

Two Waterfront Homes on Four Open Water Gulf-Front Lots - A Rare Opportunity1401 51st St & 1235 51st Gulf St, Marathon, FL 33050, are being sold together as a unique waterfront compound offering breathtaking open water views, privacy, and endless possibilities. This package includes two stilted homes totaling four bedrooms, four bathrooms, and a guest suite and more, along with a newly built three-bay garage featuring two hydraulic car lifts and a 42-foot-long bay within a 1,211 sq. ft. concrete bunker constructed in 2015.Situated on over 55,000 square feet of uplands, the property provides ample space for a private estate, rental investment, or development opportunity. It is not on SFA, and building rights are available for purchase if expansion is desired. A deep-water dock is already in place, with approximately 575 feet of shoreline offering additional dockage potential.This gated and fully fenced compound is surrounded by lush, mature tropical landscaping, creating an unparalleled sense of seclusion. Motorized drive-through gates on both ends provide access to a beautifully maintained property featuring meandering pathways, a coral-cut shoreline, and a firepit at the waters edge. Two small uninhabited islands just offshore add to the unique charm of this exceptional retreat.Located in the heart of Marathon, this property combines privacy, convenience, and direct boating access. Whether you are looking for a private family compound, an income-producing investment, or a coastal sanctuary, this offering is truly one of a kind. See properties listed separately in mls#613880 and mls#613879

$8,499,000
Marathon
Crains Subdivision   - MM: 58.00
4 Bed, 4 Baths, 5,168 SqFt Days Listed: 47
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Basin

Morton Manor is a timeless estate nestled along the Gulfs bay waters, evoking a sense of simpler times. This boat basin is truly unique, offering not just protection from wind and waves with its jetties, but also accommodating 4 to 5 large vessels, from spacious center consoles to sportfish boats, thanks to its 8 depth. The home offers a resort-like experience reminiscent of the Caribbean, complete with amenities such as a sauna, a stunning bar and game room, a heated pool, and a private beach. This expansive, ground-level residence boasts 4 bedrooms, 4 bathrooms, a two-car garage, exposed wood beam ceilings, and a workshop. For those passionate about boating and seeking relaxation, Morton Manor is the ideal retreat.

$12,500,000
Marathon
Casa Manana Shores   - MM: 50.50
6 Bed, 6 Baths, 10,852 SqFt Days Listed: 295
-13.79% ($2,000,000) 2 Price Changes : Last Change 2 Days Ago
Single Family - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Slip,Basin218ft

Casa Manana Shores, located in the heart of Marathon, is a developers dream or a private owners potential paradise. This secured gulf front estate offers 3.86 acres of land and is surrounded by an eight foot concrete wall with three gated entrances. The property boasts approximately 540 linear feet of Highway frontage and 695 linear feet of water frontage. It offers 218 feet of concrete seawall, including a cut-in protected boat slip. There is even room for a helicopter landing pad to be installed. This unique property is zoned mixed-use commercial and comes with one commercial transferable building right. It is currently a private residence with a separate garage and workshop. The 10,852 square foot mansion is solid concrete construction. It has ten bedrooms, six and a half bathrooms, a sauna, game room and great room. Repairs are needed, and the interior needs significant updating. An attached partially screened enclosure holds an impressive 12 ft deep swimming pool that measures 25 x 50 ft. The garage/workshop is a separate structure with two rooms with a mini split air conditioner. The existing structures could be demolished for those with a vision, leaving you with a 3.86 acre blank canvas in the center of town. Its versatile zoning designation offers multiple possibilities for residential and/or commercial use. Over the years it has previously housed a motel with a marina, a 19-unit trailer park, and a restaurant. This property presents the opportunity to create the ultimate secluded retreat of your dreams!

$35,000,000
Marathon
Crains Subdivision   - MM: 58.00
9 Bed, 9 Baths, 9,530 SqFt Days Listed: 56
Multi-Units - Active - Waterfront Yes
Side of Island: Bay/Gulf - Dockage: Boat Lift,Basin,Boat

Zephyr Cove; the extravagant aquatically inspired retreat that you deserve. Located on the breathtaking waterfront nestled along the Gulf and designed and built by DAsign Source. This stunning estate invites you to experience the perfect balance of luxury, tranquility, and adventure. With both fresh and saltwater elements woven into its design, every detail has been thoughtfully crafted. At the heart of the property lies a lazy river loop infinity pool, complete with bridges, swim-up pool bar in gazebo, spa with table, lap pool, beach-style entries, and waterfall grotto plus gas fire pit, putting green, and tropical gardens. From floating under the sun, entertaining guests, or enjoying a peaceful evening by the water, this home was manifested for unforgettable moments.Grand main residence vaunts an impressive private primary wing and elegant open spaces designed for comfort and entertainment. Indoor amenities include a temperature-controlled wine room, game room, home theater, fitness center, and conference room; endless ways to unwind and enjoy life. Two additional charming two-bedroom villas and a separate two-bedroom guest house are perched next door, perfect for hosting family and friends with style and privacy.Designed for the ultimate coastal lifestyle with outdoor kitchen and dining areas set against breathtaking Gulf views, ideal for entertaining or simply soaking in the beauty of your surroundings. Ample dockage and multiple boat lifts for your toys, located right between Vaca cut and Toms Harbor Cut for easy Ocean access. Expansive garages and storage spaces provide ample room for vehicles, boats, and all essentials. Whole-home 130kw generator in its own private structure, ensuring peace of mind no matter the season. This is where everyday life feels like youre being pampered at a lavish resort. Step into a world where the beauty of nature meets unparalleled craftsmanship and let the magic of the Gulf welcome you home. 15 min to private airport.

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 04-22-2025.
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