FLORIDA KEYS WATERFRONT VALUE
5 BEDROOMS • DIRECT GULF ACCESS • TWO-STORY LAYOUT
Located 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 cut: $7K (8/21)
$1,490,000
11250 5th Ave, Marathon, FL 33050
5beds
1,904sqft
Single Family Residence
Built in 1959
8,485 Acres Lot
$-- Zestimate®
$783/sqft
$-- HOA
What's special
Direct gulf accessExpansive outdoor deck spaceFlexible layoutWaterfront positioningSpacious two-story waterfront propertyNatural lightTropical landscaping
- 382 days |
- 1,392 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Steven Koleno 804-656-5007,
Beycome of Florida, LLC
Source: FLKMLS,MLS#: 616064
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16 x 13
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven
Interior area
- Total structure area: 1,904
- Total interior livable area: 1,904 sqft
Property
Features
- Levels: Ground Level
- On waterfront: Yes
Lot
- Size: 8,485 Acres
Details
- Parcel number: 00335930000000
- Zoning: RL - Residential Low
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Combo Construction
Condition
- Year built: 1959
Utilities & green energy
- 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: $783/sqft
- Tax assessed value: $902,711
- Annual tax amount: $9,903
- Date on market: 7/23/2026
- Listing terms: Seller Finance Psble,Cash
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $1,490,000-0.5%$783/sqft |
Source: | ||
| 8/20/2026 | Price change | $1,497,000-0.2%$786/sqft |
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| 8/19/2026 | Price change | $1,500,000-0.7%$788/sqft |
Source: | ||
| 8/18/2026 | Price change | $1,510,000+0.7%$793/sqft |
Source: | ||
| 8/16/2026 | Price change | $1,500,000-1.3%$788/sqft |
Source: | ||
| 8/11/2026 | Price change | $1,520,000-1.9%$798/sqft |
Source: | ||
| 8/9/2026 | Price change | $1,550,000-1.3%$814/sqft |
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| 8/8/2026 | Price change | $1,570,000-1.9%$825/sqft |
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| 8/7/2026 | Price change | $1,600,000-3%$840/sqft |
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| 8/5/2026 | Price change | $1,650,000+13.8%$867/sqft |
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| 8/1/2026 | Price change | $1,450,000-1.8%$762/sqft |
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| 7/29/2026 | Price change | $1,477,000-0.7%$776/sqft |
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| 7/27/2026 | Price change | $1,488,000-0.7%$782/sqft |
Source: | ||
| 7/26/2026 | Price change | $1,499,000-0.1%$787/sqft |
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| 7/24/2026 | Price change | $1,500,000-11.7%$788/sqft |
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| 7/20/2026 | Price change | $1,699,000-2.9%$892/sqft |
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| 7/13/2026 | Price change | $1,750,000+29.6%$919/sqft |
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| 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 |
Source: | ||
| 6/20/2026 | Listed for sale | $1,205,000+46.1%$633/sqft |
Source: | ||
| 8/3/2021 | Sold | $825,000$433/sqft |
Source: | ||
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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
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