246 Pescayo Avenue, Marathon, FL 33050

New Listing

$1,550,000

Property Type: Vacant Land Lot Size (sq. ft.): 10,444 Status: Active

Current Price: $1,550,000 List Date: 10/20/2026 Last Modified: 10/20/2026

Overview

Description

One of the best buildable lots in the City of Marathon for large boats and immediate 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 reconfiguration required. Subject lot, and the adjacent lot 248 Pescayo may also be available as a double lot. Building plans for home on both lots are available as well.

Listing Details MLS# 621717

Location, Tax & Legal

Street #: 246
Street Name: Pescayo
Street Suffix: Avenue
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Coco Plum Beach (54.5)
Area: 18 - East of Holiday Inn US #1 & Coco Plum
City: MARATHON
Mile Marker: 54.5
Marathon Neighborhood: Coco Plum
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 9105117
Parcel #: 00363511-000500
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: LOT 5 BONEFISH HARBOR PB7-98 (REPLAT OF LOT 1 BLOCK 6 COCO PLUM BEACH PB4-166) FAT DEER KEY
Taxes: 6131.98
Tax Year: 2025

Contract Information

Listing Board: Marathon/Lower Keys
ROGO Exempt: Yes
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 6
Lot SqFt: 10444
Lot Sqft Source: Property Data Card
Total Lots: Yes
Survey Available: Yes

Miscellaneous Info

Mobile Home Lot: No
Recorded Plat: Yes
Rogo W/Letter: Yes

Dockage

Dock Permit: Yes

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: One of the best buildable lots in the City of Marathon for large boats and immediate 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 reconfiguration required. Subject lot, and the adjacent lot 248 Pescayo may also be available as a double lot. Building plans for home on both lots are available as well.
Directions: US 1 to Coco Plum Drive. South on Coco Plum Drive to Pescayo Avenue. Right on Pescayo Avenue all the way to the end. Parcels are on the right.

Assoc/Misc Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Tax Exemptions

None: Yes

Waterfront

Canal Front: Yes

Waterview

Canal View: Yes
Harbor/Marina View: Yes

Neighborhood Feature

Beach: Yes
Other Area Features: Yes

Location/Site

Cleared Site: Yes
Paved Street: Yes
Water Frontage: Yes
Other See Remarks: Yes

Existing Utilities

Electric on Site: Yes
Sewer: Yes
Water Line: Yes

BuildingPermit

No Permit: Yes

Land Size

Less Than 1/4 Acre: Yes

Title

Negotiable: Yes

Property Rights

Transfer Bldg Rights: Yes

Property Features

Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View; Harbor/Marina View Neighborhood Feature: Beach; Other Area Features Existing Utilities: Electric on Site; Sewer; Water Line BuildingPermit: No Permit Land Size: Less Than 1/4 Acre Title: Negotiable Property Rights: Transfer Bldg Rights

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: October - 20 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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