FLORIDA KEYS WATERFRONT VALUE 5 BEDROOMS DIRECT GULF ACCESS TWO-STORY LAYOUTLocated in Marathon, this spacious two-story waterfront property has direct Gulf access, flexible living space, and future rooftop deck potential with possible bay views from upper-level enhancements.The home is functional and move-in ready, with prior updates already completed and major systems operational. Natural light, multiple living areas, and the flexible layout provide opportunities for full-time living, seasonal use, guest space, boating lifestyle, or future personalization over time.Expansive outdoor deck space and waterfront positioning create room to enjoy boating, fishing, water activities, and relaxed Florida Keys living. The property layout also allows flexibility for future outdoor enhancements, tropical landscaping, shaded entertaining areas, or additional outdoor living concepts.With limited waterfront inventory in the Florida Keys, this property presents a rare chance to secure a larger waterfront home in Marathon with long-term flexibility and future potential.Property is being sold as it is, allowing the next owner flexibility to personalize and update over time.
For sale
Price increase: $251K (7/9)
$1,350,000
11250 5th Ave, Marathon, FL 33050
5beds
1,904sqft
Single Family Residence
Built in 1959
8,485 Acres Lot
$-- Zestimate®
$709/sqft
$-- HOA
What's special
Direct gulf accessExpansive outdoor deck spaceFlexible layoutWaterfront positioningSpacious two-story waterfront propertyNatural lightTropical landscaping
- 336 days |
- 1,254 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Steven Koleno 804-656-5007,
Beycome of Florida, LLC
Source: FLKMLS,MLS#: 616064
Originating MLS: Florida Keys
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
Interior area
- Total interior livable area: 1,904 sqft
Property
Features
- Levels: Ground Level
- Has view: Yes
- View description: Bay/Gulf View
- Has water view: Yes
- Water view: Bay/Gulf View
- Waterfront features: Canal Front, Waterfront, Dockage: None
Lot
- Size: 8,485 Acres
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00335930000000
- Zoning: RL
- Zoning description: Residential Low
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Combo Construction
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Key Colony Sub (53.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Marathon
Financial & listing details
- Price per square foot: $709/sqft
- Tax assessed value: $902,711
- Annual tax amount: $9,903
- Date on market: 8/6/2025
- Listing terms: Seller Finance Psble,Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $1,350,000+22.8%$709/sqft |
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| 7/4/2026 | Price change | $1,099,000-4.4%$577/sqft |
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| 7/2/2026 | Price change | $1,150,000-2.5%$604/sqft |
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| 7/1/2026 | Price change | $1,180,000-0.8%$620/sqft |
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| 6/30/2026 | Price change | $1,189,000-0.8%$624/sqft |
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| 6/26/2026 | Price change | $1,199,000-0.1%$630/sqft |
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| 6/24/2026 | Price change | $1,200,000-0.4%$630/sqft |
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| 6/20/2026 | Price change | $1,205,000-1%$633/sqft |
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| 6/15/2026 | Price change | $1,217,000-0.2%$639/sqft |
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| 6/12/2026 | Price change | $1,219,000-0.5%$640/sqft |
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| 6/9/2026 | Price change | $1,225,000-1.6%$643/sqft |
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| 6/7/2026 | Price change | $1,245,000-0.3%$654/sqft |
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| 6/3/2026 | Price change | $1,249,000-3.2%$656/sqft |
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| 5/28/2026 | Price change | $1,290,000-0.8%$678/sqft |
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| 5/27/2026 | Price change | $1,300,000-3.3%$683/sqft |
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| 5/21/2026 | Price change | $1,345,000-0.3%$706/sqft |
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| 5/19/2026 | Price change | $1,349,000-3.6%$709/sqft |
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| 5/16/2026 | Price change | $1,399,000-2.8%$735/sqft |
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| 5/15/2026 | Price change | $1,440,000-0.7%$756/sqft |
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| 5/13/2026 | Price change | $1,450,000-0.6%$762/sqft |
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| 5/1/2026 | Price change | $1,459,000+0.7%$766/sqft |
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| 4/28/2026 | Price change | $1,449,000-0.1%$761/sqft |
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| 4/25/2026 | Price change | $1,450,000-0.6%$762/sqft |
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| 4/23/2026 | Price change | $1,459,000-0.7%$766/sqft |
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| 4/22/2026 | Listed for sale | $1,469,000+78.1%$772/sqft |
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| 8/3/2021 | Sold | $825,000$433/sqft |
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Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,321 -16% | $902,711 -10.3% |
| 2024 | $9,903 +5.6% | $1,006,151 +10% |
| 2023 | $9,374 +8% | $914,683 +10% |
| 2022 | $8,683 +41.5% | $831,530 +55.3% |
| 2021 | $6,137 +4% | $535,401 +2.9% |
| 2020 | $5,900 | $520,065 +1.2% |
| 2019 | $5,900 +1% | $513,910 +2.5% |
| 2018 | $5,842 +5.6% | $501,178 -2% |
| 2017 | $5,530 +2.7% | $511,653 +19.6% |
| 2016 | $5,383 +8.2% | $427,642 +3.2% |
| 2015 | $4,975 | $414,452 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33050
Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 3.9 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Marathon
- 33050
- 11250 5th Ave






