Adjacent Deepwater Waterfront
246-248 Pescayo Avenue Marathon, FL 33050
For Sale
$2,950,000
Two adjacent cleared parcels with a vested transferable building right on a deepwater canal with 7.9' controlling depth.
Lot Size0.50 Acres
Days on Market462
Property Features for 246-248 Pescayo Avenue
General Information
- Standard status
- Active
- Lot size
- 0.50 Acres
- Property subtype
- Vacant Land
Listing Agency:
Coldwell Banker Schmitt Real Estate Co.
(305) 942-9519
Listed By:
Joshua James Mothner · License #659317
(305) 942-9519
Source:
Compass
Added: Apr 19, 2025
Changed: Jul 23
Last Checked: Jul 23 at 12:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmitt Real Estate Co.
Investment Insights
Based on property information with market context.
This offering includes two large adjacent, cleared land parcels for a combined total of 21,798 sq ft. The property is already vested with a City of Marathon Market Rate Transferable Building Right (TBR). A deepwater canal setting is featured, with 7.9' controlling depth to support docking for larger vessels, along with ocean-facing views from the site.
Located at 246-248 Pescayo Avenue in Marathon, Florida, the property provides deepwater access via the canal and protected dockage in a “serene setting,” as described in the remarks. Dock permits are pending.
The sale also includes a full set of architectural plans for a luxury residence, along with renderings shown in the listing gallery. The plans are described as ready for permitting submission and include provisions for a private pool and a pickleball court.
Located at 246-248 Pescayo Avenue in Marathon, Florida, the property provides deepwater access via the canal and protected dockage in a “serene setting,” as described in the remarks. Dock permits are pending.
The sale also includes a full set of architectural plans for a luxury residence, along with renderings shown in the listing gallery. The plans are described as ready for permitting submission and include provisions for a private pool and a pickleball court.
Key Highlights
- Two adjacent cleared parcels totaling 21,798 sq ft in Marathon, ready for development
- Vested City of Marathon Market Rate Transferable Building Right (TBR) included
- Deepwater canal location with 7.9' controlling depth for large vessels
Property Analytics
Location Intelligence
Current Use by Public Records
Waterfront Land
FAQs
What type of property is this?
Waterfront Land - Two adjacent cleared parcels with a vested transferable building right on a deepwater canal with 7.9' controlling depth.
Where is this waterfront land located?
The property is located at 246-248 Pescayo Avenue Marathon, FL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Two adjacent cleared parcels totaling 21,798 sq ft in Marathon, ready for development; Vested City of Marathon Market Rate Transferable Building Right (TBR) included; Deepwater canal location with 7.9' controlling depth for large vessels
