248 Pescayo Avenue, Marathon, FL 33050

New Listing

$1,450,000

Property Type: Vacant Land Lot Size (sq. ft.): 11,354 Status: Active

Current Price: $1,450,000 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! 11,354 square foot right on Bonefish Channel with very deep water the Atlantic Ocean just moments away. Dock permit is available with some reconfiguration required. Subject lot, and the adjacent lot 246 Pescayo may also be available as a double lot Building plans for home on both lots are available as well

Listing Details MLS# 621716

Location, Tax & Legal

Street #: 248
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 #: 9105116
Parcel #: 00363511-000400
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: LOT 4 BONEFISH HARBOR PB7-98 (REPLAT OF LOT 1 BLOCK 6 COCO PLUM BEACH PB4-166) FAT DEER KEY
Taxes: 5687.73
Tax Year: 2025

Contract Information

Listing Board: Marathon/Lower Keys
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: 11354
Lot Sqft Source: Property Data Card
Survey Available: Yes

Miscellaneous Info

Mobile Home Lot: No

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! 11,354 square foot right on Bonefish Channel with very deep water the Atlantic Ocean just moments away. Dock permit is available with some reconfiguration required. Subject lot, and the adjacent lot 246 Pescayo may also be available as a double lot Building plans for home on both lots are available as well
Directions: US1 to Coco PLum Drive, south on Coco Plum Drive then right onto Pescayo Ave.

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

Location/Site

Cleared Site: Yes
Water Frontage: Yes

Existing Utilities

Sewer: Yes
Water Line: Yes

BuildingPermit

No Permit: Yes

Land Size

1/4 - 1/2 Acre: Yes

Title

Negotiable: Yes

Property Features

Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View; Harbor/Marina View Neighborhood Feature: Beach Existing Utilities: Sewer; Water Line BuildingPermit: No Permit Land Size: 1/4 - 1/2 Acre Title: Negotiable

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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