Wow! This is a private Island Oasis in Marathon, on Bonefish Bay. First time offered for sale in 25 years. The island has 1.75 Acres w/ approx. 1,200 lineal ft of deep draft boat dockage. 27 wet slips permitted, each with electric meter. Can accommodate up to 110' yachts. Also has boat ramp. Gorgeous 4,500 sf. single family waterfront 3bd/2.5 ba home is solid CBS/concrete slab & ceiling construction w/ Generator. 2 market rate RES units recognized. 3 Buildings, Men's/Women's shower room & Storage building. AE Flood Zone. Partial Baybottom owned & other leased from State. Connected to CoCoPlum Dr. with private gated entrance & 30+ parking spaces. Zoning is MU, Mixed Use allows for many commercial uses incl. Multi Unit Residential, Yacht Club & Marina, Boat storage & racks, and much more
Sold for $12,000,000
$12,000,000
71 Coco Plum Dr, Marathon, FL 33050
3beds
5,501sqft
SingleFamily
Built in 1959
1.75 Acres Lot
$8,469,200 Zestimate®
$2,181/sqft
$7,651 Estimated rent
Home value
$8,469,200
$6.78M - $10.33M
$7,651/mo
Zestimate® history
Owner options
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$7,651/mo
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$71,315/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced air
Features
- Flooring: Concrete
- Has fireplace: No
Interior area
- Total interior livable area: 5,501 sqft
Property
Parking
- Total spaces: 4
Features
- Exterior features: Stucco, Brick
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 1.75 Acres
Details
- Parcel number: 00100250000000
- Zoning: MU - Mixed Use Commercial Mixed Use
Construction
Type & style
- Home type: SingleFamily
Materials
- Concrete Block
- Foundation: Slab
- Roof: Other
Condition
- Year built: 1959
Utilities & green energy
- Utilities for property: FKAA, Municipal Sewer
Community & HOA
Location
- Region: Marathon
Financial & listing details
- Price per square foot: $2,181/sqft
- Tax assessed value: $7,611,907
- Annual tax amount: $59,414
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Sold | $12,000,000+140%$2,181/sqft |
Source: Public Record Report a problem | ||
| 8/5/2020 | Sold | $5,000,000-23.1%$909/sqft |
Source:  FLKMLS #590342 Report a problem | ||
| 7/30/2020 | Price change | $6,500,000+8.5%$1,182/sqft |
Source: RE/MAX Keys Connection #590342 Report a problem | ||
| 6/19/2020 | Price change | $5,990,000-7.8%$1,089/sqft |
Source: RE/MAX Keys Connection (KW) #590342 Report a problem | ||
| 3/19/2020 | Price change | $6,500,000-6.7%$1,182/sqft |
Source: RE/MAX Keys Connection (KW) #590342 Report a problem | ||
| 3/1/2020 | Price change | $6,965,000-0.5%$1,266/sqft |
Source: Owner Report a problem | ||
| 2/26/2020 | Listed for sale | $7,000,000+833.3%$1,272/sqft |
Source: Owner Report a problem | ||
| 1/4/2008 | Sold | $750,000+934.5%$136/sqft |
Source:  MLKAR #542280 Report a problem | ||
| 4/23/1996 | Sold | $72,500$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $59,414 -3.3% | $6,409,385 +8.5% |
| 2024 | $61,445 +6.4% | $5,905,055 +13.5% |
| 2023 | $57,742 +1.7% | $5,201,948 +13% |
| 2022 | $56,790 +32.1% | $4,605,425 +10% |
| 2021 | $42,987 +164.3% | $4,186,750 +287.8% |
| 2020 | $16,263 | $1,079,518 -4.5% |
| 2019 | $16,263 +36% | $1,129,993 -8.3% |
| 2018 | $11,958 +2.7% | $1,231,603 +22.5% |
| 2017 | $11,641 +9.5% | $1,005,676 +3.5% |
| 2016 | $10,632 +0.2% | $972,089 +0.4% |
| 2015 | $10,606 | $968,398 |
Find assessor info on the county website
Neighborhood: 33050
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Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 5.1 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 4.4 mi
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Estimated market value
$8,469,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$8,469,200
- Florida
- Monroe County
- Marathon
- 33050
- 71 Coco Plum Dr
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