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Listing view 3

246 & 248 Pescayo Avenue, 
Marathon, FL 33050

$3,950,000


Bed


Bath


-

Sq Ft


0.50

Acres (Lot)


Land

Active

Listed by

Joshua James Mothner

Teri Hiller

Coldwell Banker Schmitt Real Estate Co.

305-743-5181

Last updated:

September 15, 2025, 02:13 PM

MLS#

614973

Source:

FL FKBOR

About This Land

246 & 248 Pescayo Avenue

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 courtall 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 waitingjust groundbreaking luxury. Watch the video Create your personal Keys retreat today.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.50

MLS #:

614973

Last Updated:

September 15, 2025, 02:13 PM


Finances & Disclosures

Finances

Price:

$3,950,000

Source:FL FKBOR
The information being provided by The Florida Keys Board of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 The Florida Keys Board of REALTORS All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.