Waterfront Homes for Sale in Marathon, FL

4 Beds ⋅ 2 Baths ⋅ A12055919 MLS ⋅ Jg Estates BLDG.

Discover an incredible waterfront investment opportunity in the heart of the Florida Keys! Located in the desirable Grassy Key area of Marathon, this property offers the perfect blend of lifestyle and investment potential. Just minutes from world-class fishing, boating, waterfront dining, Sombrero Beach, Curry Hammock State Park, Dolphin Research Center, and all the best attractions the Keys have to offer. Whether you're looking for a family vacation home, a high-performing Airbnb investment, or your next luxury development project, this property checks every box. Includes APPROVED PLANS for a stunning modern waterfront residence, saving you valuable time! (5 bedroom / 5 Bathroom with Pool) Enjoy direct ocean access from your 22-foot private dock, making it ideal for boating enthusiasts. Situated on a peaceful canal-front lot in one of the Keys' most active development areas, this is a rare chance to build a luxury home in a market with strong demand. Comparable newly built waterfront homes in the area have achieved values of $3.8 million and higher, presenting an exceptional opportunity for significant return on investment. Don't miss your chance to own a premier waterfront property with endless potential in one of Florida's most sought-after destinations.

59733 Paradise Pl, Marathon

$739,500

2 Beds ⋅ 2 Baths ⋅ A12050864 MLS ⋅ Gulfstream Shores #2 Amd BLDG.

Waterfront Paradise with Saltwater Canal & Quick Ocean Access Experience the best of coastal living in this exceptional waterfront property, perfectly situated on a deep saltwater canal with quick, no-bridge access to the open ocean. Whether you're an avid boater, fisherman, or simply love life on the water, this home offers the ideal setting for your waterfront lifestyle. Step outside to your private dock, ready to accommodate your boat for effortless days on the water. Enjoy peaceful canal views, breathtaking sunsets, and the convenience of being just minutes from the ocean. Inside, you'll find a bright and inviting living space designed for both comfort and entertaining. Large windows and open living areas showcase the beautiful waterfront setting, while spacious indoor and outdoor spaces provide plenty of room to relax with family and friends. *** BOAT LIFT HAS BEEN REMOVED AS OF THIS POST ***

425 89th Street Ocean, Marathon

$799,000

2 Beds ⋅ 2 Baths ⋅ A12040308 MLS ⋅ Gulfstream Village BLDG.

Welcome to your slice of paradise in the heart of Marathon! This beautifully updated canal-front retreat offers the ultimate Florida Keys lifestyle with direct boating access, private dockage, and a backyard designed for year-round enjoyment. Whether you’re seeking a full-time residence, vacation getaway, or income-producing investment, this property checks every box. Inside, you’ll find a bright and inviting open-concept layout featuring updated flooring, a modern kitchen, stylish finishes, spacious bedrooms, and beautifully renovated baths. The coastal-inspired interior is move-in ready and perfectly complements the relaxed waterfront setting. Step outside to your private tropical oasis complete with a sparkling above-ground pool, expansive entertaining areas, tiki-style bar, paver driveway, and approximately 50 feet of canal frontage. Boaters will appreciate the private dock, seawall, and quick access to open water for world-class fishing, diving, and island hopping. Additional features include a metal roof, hurricane protection, ample parking, low-maintenance exterior, and exceptional outdoor living spaces designed to embrace the Keys lifestyle. Ideally located near restaurants, marinas, shopping, beaches, and all that Marathon has to offer, this waterfront gem delivers the perfect blend of comfort, recreation, and island living. Don’t miss this rare opportunity to own a canal-front retreat in one of the Florida Keys’ most desirable boating communities.

837 91st Court Ocean, Marathon

$16,000,000

4 Beds ⋅ 3 Baths ⋅ A12037474 MLS ⋅ Ocean E BLDG.

PRIVATE ISLAND INVESTMENT OPPORTUNITY IN THE FLORIDA KEYS! East Sister Rock is a rare, income-producing private island located just ¼ mile offshore from Marathon. Successfully operating as a luxury vacation rental and event venue for over 20 years, this one-of-a-kind property offers an exceptional blend of lifestyle, hospitality, and investment potential. Open to partnership and fractional ownership opportunities. A short boat ride across crystal-clear waters brings you to a self-sustaining tropical retreat featuring a 3BR/2BA main residence, detached guest house, a 100-foot deep-water dock capable of accommodating multiple vessels, helipad, wind and solar power, whole-house generator, and freshwater cistern. Guests enjoy world-class snorkeling, fishing, diving, kitesurfing, and watersports directly from the property. Wake to unobstructed Atlantic sunrises from the wraparound veranda and end each day with spectacular Florida Keys sunsets. Whether seeking a private family compound, luxury rental asset, event destination, or unique investment opportunity, East Sister Rock delivers an unparalleled ownership experience. Visit Floridaisland.com for details.

99 E Ocean E, Marathon

$515,000

1 Beds ⋅ 2 Baths ⋅ A12039090 MLS ⋅ Ocean Isles Fishing Villa BLDG.

Beautiful Ocean Isles Fishing Village is a seven-acre gated oceanfront GATED complex. New construction with modern amenities in the heart of the Florida Keys. Conveniently located near local restaurants, shopping, attractions, airport. Great for boating enthusiasts, Easy water access with private boat ramp, newly updated marina, fish cleaning stations, assigned boat slips for owners, new seawall, bulkhead, docks, Olympic-sized waterfront pool, air-conditioned clubhouse, ice machine, tiki huts, outdoor grilling area, laundry facilities, stunning views! This unit is a CORNER UNIT immaculate and comes fully furnished. It has its own washer/dryer on the main level, has dishwasher, microwave, range, dishwasher and refrigerator. This sale INCLUDES a one-year home warranty. 2 full bathrooms and includes all furniture. Unit has pull outs for additional sleeping. Ground level covered parking. Own your very own piece of paradise! Rentals allowed. Pets with restrictions

10877 Overseas Hwy Unit #37, Marathon

$340,000

1 Beds ⋅ 1 Baths ⋅ A12037163 MLS ⋅ Trade Winds BLDG.

Turnkey island getaway in the heart of Marathon! This charming 1-bedroom, 1-bath home at 5301 Ocean Terrace comes fully furnished and ready for immediate enjoyment. HOA redid all the piping throughout the building, HOA includes pool usage and Boat slips of 28ft. Come see this unit today!

5301 Ocean Ter Unit #1, Marathon

$1,999,000

4 Beds ⋅ 3 Baths ⋅ A12036239 MLS ⋅ Coco Plum Beach BLDG.

Set within Coco Plum area of Marathon, this waterfront residence presents a rare opportunity to own a premier canal-front property in the Florida Keys. Offering direct boating access to open water, this home embodies the ultimate island lifestyle for the avid boater and coastal enthusiast. The property features a desirable waterfront setting, elevated construction, and an exceptional layout that provides the perfect bones to transform it into your dream home. With endless potential for customization, this residence is ideal for creating a modern coastal retreat or luxury Keys estate tailored to your vision. Located on a quiet, highly sought-after street, it offers both privacy and convenience, just minutes from beaches, dining, and all that Marathon has.

2100 Avenue H, Marathon

$995,000

3 Beds ⋅ 2 Baths ⋅ A12033219 MLS ⋅ Seawatch BLDG.

Welcome to your Marathon lifestyle package, a fully remodeled 3-bedroom, 2-bath Penthouse offering 1,902 SQFT of luxury coastal living. Rare opportunity includes a 24' boat with marina access w/lifts permitted, combining a move-in-ready residence w/boating lifestyle buyers dream of in the Florida Keys. Designed for comfort and entertaining, this top-floor residence features Versace & marble tile finishes, quartz countertops, New Kitchen & Stainless Steel appliances, New impact windows, 9-ft ceilings, wet bar, private parking, open-concept layout, and wraparound balcony, perfect for tropical breezes, morning coffee, and sunset cocktails. Spacious Primary suite offers balcony access, dual closets & spa-inspired bath w/soaking tub, glass-enclosed shower, makeup station & designer finishes. Enjoy direct marina access & your included 24' boat for fishing, cruising, island hopping & waterfront dining in the Keys. Amenities include covered warehouse storage for your water toys, Lagoon-style pool, jacuzzi, tennis & basketball courts, fitness center, and gated tropical grounds. All located in the heart of Marathon, minutes from Sombrero Beach, Coco Plum Beach, Marathon Airport, Turtle Hospital, Old Seven Mile Bridge & Best waterfront restaurants! World-class boating, fishing, snorkeling & breathtaking sunsets are right outside your door. More than just a Penthouse, this is your private escape, boating base, weekend retreat, future vacation home, and private piece of paradise!

6403 Gulf Of Mexico Blvd Unit #403, Marathon

$7,750,000

4 Beds ⋅ 5 Baths ⋅ A12028272 MLS ⋅ Sunrise Isle BLDG.

Experience the rare combination of protected dockage and direct oceanfront living at 128 Sunrise Drive. Situated within an exclusive gated enclave of just 20 lots, this newly constructed 2025 waterfront residence offers a level of privacy, luxury, and lifestyle rarely found in the Florida Keys. Positioned to capture unobstructed ocean views and a year-round ocean breeze, this home offers an elevated coastal lifestyle with exceptional attention to detail throughout. Each bedroom features a private ensuite bathroom and spacious walk-in closet, while a true foyer entry, elevator, and abundant storage create a floor plan that is as functional as it is beautiful. The open concept living offers the perfect home to entertain and enjoy tons of natural light. The interior design offers high end tile selections, designer light fixtures and wood accents throughout. The home also features 3 interior bars and window treatments throughout. The living spaces seamlessly transition outdoors, where an expansive entertainment area is designed to embrace the Keys lifestyle. Enjoy a resort-style pool and hot tub, outdoor kitchen, and multiple spaces to relax while overlooking the waters of the Atlantic. A rare wade-in beach offers effortless access to the ocean, while protected dockage on the canal side provides a secure spot for your boat. Additional features include a one-car garage, oversized air-conditioned storage space, and a generous covered carport ideal for vehicles, boats, and more!

128 Sunrise Drive, Marathon

$872,500

3 Beds ⋅ 3 Baths ⋅ A12027989 MLS ⋅ Tranquility Bay BLDG.

Looking for direct Gulf views, space, resort-style amenities, and strong investment potential? This direct gulf-front 3-bedroom, 2.5-bath townhome at Tranquility Bay Resort checks all the boxes. Set on open gulf waters in the heart of Marathon, it offers unobstructed views and a proven rental history--making it ideal as both a personal getaway and income-producing property. Enjoy sweeping water views from the main living area and private waterfront porch--perfect for coffee at sunrise or sunset cocktails. Sold fully furnished and turnkey, it's ready for immediate use or continued success in the resort's rental program. The main level features an open living and dining space, a well-equipped kitchen, half bath, and direct access to the balcony. Upstairs, the primary suite overlooks the bay with its own private balcony and ensuite bath. Two additional bedrooms, a full bath, and in-unit laundry provide plenty of space for guests. Tranquility Bay Resort offers two pools, a sandy beach, watersports, Butterfly Café, a beachfront tiki bar, and more. With a prime Marathon location and strong demand, this is a standout opportunity for both lifestyle and return. Call today!

2600 Overseas Hwy Unit #85, Marathon

$885,000

3 Beds ⋅ 3 Baths ⋅ A12027911 MLS ⋅ Tranquility Bay BLDG.

Looking for bay views, space, resort-style amenities, and excellent investment potential? This is the one! Rarely available DIRECT GULF FRONT corner townhome at Tranquility Bay Resort offering the perfect blend of luxury, tranquility, and income-producing opportunity in the heart of the Florida Keys. Ideally situated on the quiet northern end of the resort, this 3-bedroom, 2.5-bath residence enjoys breathtaking open Gulf views, additional natural light from its corner location, and frontage along a private Gulf-side lagoon. Peacefully tucked away while still just a short walk to the pool, beach, and amenities, this location offers both privacy and convenience.Offered fully furnished and turnkey, the home is ready for immediate enjoyment or continued vacation rental income. The spacious main level features an open-concept living and dining area, fully equipped kitchen, half bath, and waterfront balcony. Upstairs, the primary suite offers an ensuite bath and private Gulf-front balcony with stunning sunset views, while two guest bedrooms, a full bath, and laundry area complete the second floor.Tranquility Bay Resort features two resort pools, sandy beach, waterfront tiki bar, award-winning Butterfly Café, watersports, putting greens, and lush tropical grounds. With proven rental history, this is a rare opportunity to own a premier waterfront townhome in one of Marathon's most sought-after resorts. Priced to sell - call today!

2600 Overseas Hwy Unit #87, Marathon

$464,950

2 Beds ⋅ 2 Baths ⋅ A12027597 MLS ⋅ Riggs Sub BLDG.

Welcome to one of the most compelling lifestyle opportunities in the Florida Keys. Perfectly positioned within one of Marathon’s most vibrant & amenity rich, waterfront communities, this beautifully appointed 2 bedroom, 2 bath residence offers the ideal blend of island living, convenience, and value; without the traditional Florida Keys price tag. From the moment you arrive, the setting feels elevated, vibrant and unmistakably island inspired. Ideally situated within the community offering beautiful open water views, this residence enjoys a premier location with sweeping vistas from the top-level balcony, perfect for morning coffee or sunset cocktails. Inside, the light-filled interior features a stylish granite and stainless-steel kitchen, central air, interior laundry, and thoughtfully designed living spaces. Enjoy covered parking, under-home space, and easy access to the dock and waterfront gathering areas. Resort-style amenities include a beautiful pool, kayak launch, fire pits, outdoor kitchen, sun deck, and community lounge spaces. Walk, bike, or golf cart to waterfront restaurants, bars, live music, kayak and jet ski rentals, the iconic Seven Mile Bridge, and the scenic pedestrian bridge. $22,500 in secured rental income already in place for 2027. One of the most affordable newer construction opportunities in the Keys offering this level of lifestyle, amenities, and location. Please note: ownership is subject to monthly lot rent.

101 11th Street Ocean, Lot 13, Marathon

Waterfront Homes for Sale in Marathon, FL

All Waterfront Homes for Sale in Marathon, FL

Marc Plotkin

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