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$1,600,000 -$100,000 (-5.88%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 0.24 Acres
  • Updated 18 hours ago
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One of the best buildable lots in the City of Marathon for large boats and immedate ocean access. Can't find the right home? Build your own! 10,444 square foot right on Bonefish Channel with very deep water the Atlantic Ocean just moments away. Lot has a City of Marathon TRB on the lot so no waiting to start construction. Dock permit is available with some reconfiguation required. Subject lot, and the adjacent lot 248 Pescayo are alos available as a double lot (see listing #614973. Building plans for home on both lots are available as well.

Full Property Details for 246 Pescayo Ave

General

  • Price: $1,600,000
  • Taxes: $6,131 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: 927
  • MLS ID: 619485
  • Updated: 5/17/2026
  • Added to Site: 35 day(s) ago

Additional Information

  • Shared Amenities: Other Area Features, Beach

Location

  • Area: 18 - East of Holiday Inn US #1 & Coco Plum
  • County: Monroe
  • Subdivision: Coco Plum Beach (54.5)
  • Driving Directions: US 1, south of Coco Plum Drive, then left (West) onto Pescayo Avenue. Lots are at the end of the street. Signs on Property

Lot Features

  • Property View: Harbor/Marina View, Canal
  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,444
  • Lot Size Source: Property Data Card
  • Lot Features: Other See Remarks, Water Frontage, Paved Street, Cleared Site
  • Zoning: RM - Residential Medium

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Canal Front

Financial Considerations

  • Tax Amount: $6,131.98
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Lot 5 Bonefish Harbor Pb7-98 (Replat Of Lot 1 Block 6 Coco Plum Beach Pb4-166) Fat Deer Key
  • APN: 00363511-000500

Listed by Coldwell Banker Schmitt Real Estate Co., Joshua James Mothner (305) 942-9519 and Coldwell Banker Schmitt Real Estate Co., Teri Hiller (305) 481-0361

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Listing agents

— 246 Pescayo Ave —

  • Joshua James Mothner

    Coldwell Banker Schmitt Real Estate Co.

  • Teri Hiller

    Coldwell Banker Schmitt Real Estate Co.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 246 Pescayo Ave

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Stanley Switlik Elementary School
3400 Overseas Highway, Marathon, FL 33050
PK-55 mi
Marathon School
350 Sombrero Beach Road, Marathon, FL 33050
6-124.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 246 Pescayo Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/17/2026
Price Reduced
$1,600,000
-5.88%
MLS
4/13/2026
Listed
$1,700,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 246 Pescayo Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,670
—
$996,044
96%
2024
$4,670
-3%
$508,675
—
2023
$4,814
—
$508,675
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 246 Pescayo Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coldwell Banker Schmitt Real Estate Co., Joshua James Mothner (305) 942-9519 and Coldwell Banker Schmitt Real Estate Co., Teri Hiller (305) 481-0361

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246 Pescayo Avenue, Marathon, FL 33050 (MLS# 619485) is a Lots/Land property with a lot size of 0.24 acres. 246 Pescayo Avenue is currently listed for $1,600,000 and was received on April 13, 2026. Want to learn more about 246 Pescayo Avenue? Do you have questions about finding other Lots/Land real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.

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