246 & 248 Pescayo Ave, Marathon, FL 33050

$2,950,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,950,000
MLS#
614973
Status
ACTIVE
Island
Marathon
County
Monroe
City
Marathon
Area
East of Holiday Inn US #1 & Coco Plum
Subdivision
Coco Plum Beach (54.5)
Neighborhood
18 - East of Holiday Inn US #1 & Coco Plum
Acres
0.50
Days on Market
444

Property Description

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.

Additional Information

Taxes
$4,670
Waterfront
Yes
Control Depth
7
Zoning
RH - Residential High

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of Coldwell Banker Schmitt Real Estate Co., Contact: 305-743-5181