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Price Reduced Homes for Sale in Marathon, FL

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  • /52

    $2,099,000

    $200K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,945 Sq Ft

    1040 81st Street Ocean, Marathon, FL 33050

    Enjoy sweeping ocean views from this beautifully designed Coastal Modern waterfront home in the heart of Marathon. Built with both style and durability in mind, this 3 Bedroom, 2 Bath CBS residence features concrete walls, floors, and roof, along with impact windows and doors for added peace of mind. Inside, oversized tile flooring and a bright open-concept layout create a clean, contemporary

    Agent Photo

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    1040 81st Street Ocean, Marathon, FL 33050
  • /50

    $1,099,000

    $50K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,320 Sq Ft

    7044 Harbor Village Dr, Marathon, FL 33050

    Experience the best of the Duck Key lifestyle in this beautifully updated 3-bedroom, 2.5-bath waterfront villa at the world-renowned Hawks Cay Resort. INCLUDES BOAT SLIP. Offering 1,320 square feet of living space, a metal roof, impact-resistant windows and doors, and a deeded 35-foot boat slip directly behind the residence, this property combines effortless waterfront living with exceptional

    Agent Photo

    Coby Taylor

    Expert Realty LLC (HQ)

    7044 Harbor Village Dr, Marathon, FL 33050
  • /87

    $7,199,000

    $2M PRICE DROP
    • 7 Beds
    • 6 Baths
    • 4,000 Sq Ft

    308 Sabal St, Marathon, FL 33050

    Experience refined oceanfront living on sought-after Duck Key. This double lot estate offers 138 feet of protected deepwater dockage, complete with a solid concrete seawall designed to accommodate a sportfishing yacht, multiple center consoles, and all of your waterfront lifestyle needs. A true boater's paradise, this property offers both privacy and exceptional access to the Atlantic

    TEAM Walters Gloria, Rachel and Michae Ocean Sotheby's International Realty

    308 Sabal St, Marathon, FL 33050
  • /55

    $1,349,000

    $50K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 3,647 Sq Ft

    235 Tropical Ave, Marathon, FL 33050

    Tucked into the natural landscape of Grassy Key, 235 Tropical Avenue offers a unique combination of space, privacy and the unhurried character that defines life in the Middle Keys. Set on a 15,000-square-foot lot in Crains Subdivision, this concrete stilted residence offers more than 3,600 square feet of living space, impact windows and doors, and generous indoor-outdoor areas designed around the

    TEAM Walters Gloria, Rachel and Michae Ocean Sotheby's International Realty

    235 Tropical Ave, Marathon, FL 33050
  • /68

    $2,099,000

    $800K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 3,476 Sq Ft

    120 Pirates Cove Dr, Marathon, FL 33050

    INVESTORS will appreciate and experience waterfront living at its finest in this beautiful 2 story residence with a ground level elevated entry that has been renovated to achieve the perfect blend of coastal living with upscale entertaining in mind. Thoughtfully designed with an open and airy interior space, and grand entrance that flows effortlessly onto two outdoor balconies makes this

    TEAM Walters Gloria, Rachel and Michae Ocean Sotheby's International Realty

    120 Pirates Cove Dr, Marathon, FL 33050
  • /43

    $599,900

    $150K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,448 Sq Ft

    780 95th St Unit Ocean, Marathon, FL 33050

    New on the market in the heart of Marathon, FL! This property offers a great opportunity to own in one of the most convenient areas of the Florida Keys, just minutes from local shops, dining, marinas, beaches, and island attractions. Conveniently located across from the airport, this home features a brand-new metal roof, a fully fenced yard, and zoning that allows short-term vacation rentals with

    Lumey Gonzalez PA Keller Williams Realty International Lifestyles

    780 95th St Unit Ocean, Marathon, FL 33050
  • /49

    $360,000

    New Construction $10K PRICE DROP
    • 1 Bath
    • 425 Sq Ft

    10877 Overseas Hwy Unit 35, Marathon, FL 33050

    Experience elevated island living at Ocean Isles Fishing Village, a beautifully rebuilt 7-acre gated oceanfront community in the heart of the Florida Keys. These newly constructed concrete block residences are built above flood elevation and offer the rare advantage of 7-day rentals, making them an exceptional choice for a vacation getaway, income-producing investment, or full-time residence.

    Frank Griffiths Lokation Real Estate

    10877 Overseas Hwy Unit 35, Marathon, FL 33050
  • /55

    $1,975,000

    Open Sat 11AM - 1PM $125K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,402 Sq Ft

    364 E Seaview Dr, Marathon, FL 33050

    Experience the best of Duck Key waterfront living with deep-water boating access, ocean views, and spectacular sunsets--all from this ideally located home on desirable Yacht Club Island.The main living level features 2 bedrooms and 2 baths with a bright, open floor plan and an updated kitchen designed for easy Keys living and entertaining. A spacious screened porch and multiple open decks

    Brenner Scheel Casey Florida Keys Real Estate Group

    364 E Seaview Dr, Marathon, FL 33050
  • /23

    $750,000

    $25K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,770 Sq Ft

    285 66th Street Ocean Unit A & B, Marathon, FL 33050

    Move-in ready and thoughtfully updated top to bottom, this full duplex offers two versatile living spaces with major systems and finishes refreshed in recent years. Each unit features a fully updated kitchen with new cabinetry, countertops, and appliances, along with a completely renovated bathroom. Flooring throughout has been replaced, giving both units a clean, modern feel from the moment you

    Brenner Scheel Casey Florida Keys Real Estate Group

    285 66th Street Ocean Unit A & B, Marathon, FL 33050
  • /55

    $824,000

    $671K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,364 Sq Ft

    8302 Marina Villas Dr, Marathon, FL 33050

    VRBO annual rental income is over $100,000 for the year 2025. Wide water views from this beautiful renovated furnished condo w/fantastic floor plan & is decorated w/updated & modern coastal look. Lots of natural light & huge L-shaped balcony w/pocket sliding doors for indoor/outdoor living space. Kitchen w/white countertops & newer SS appliances. Main bedroom opens to balcony, has large step-in

    Caroline Barca Berkshire Hathaway Florida Realty

    8302 Marina Villas Dr, Marathon, FL 33050
  • /41

    $999,999

    $195K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,493 Sq Ft

    Unlisted Address

    **Stunning Marathon Florida Waterfront Home Allowing Weekly Rentals With IMMEDIATE Income ** Welcome to your dream coastal escape! This exceptional 3-bedroom, 3-bath, FURNISHED townhome offers breathtaking rooftop views of the sparkling Gulf of Mexico and Vaca Cut, providing the perfect backdrop for a relaxed lifestyle by the sea. Experience luxurious living with two hot tubs -- one thoughtfully

    Kristi Kleiman Mariano Bernhardt Premiere Plus Realty Company

    Unlisted Address
  • /44

    $655,000

    $30K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,222 Sq Ft

    11554 5th Avenue Ocean, Marathon, FL 33050

    Affordable Florida Keys Living with Weekly Rental Potential in the Heart of MarathonWhether you're searching for a full-time residence, a vacation retreat, or an income-producing investment property, this charming 3-bedroom, 2-bath Conch cottage offers exceptional value in today's market. This property blends classic Keys character with modern upgrades and desirable rental flexibility.

    Paulette Thompson PA Ocean Sotheby's International

    11554 5th Avenue Ocean, Marathon, FL 33050
  • /40

    $25,000,000

    New Construction $9M PRICE DROP
    • 10 Beds
    • 13 Baths
    • 8,648 Sq Ft

    57783 Morton St, Marathon, FL 33050

    A Private Waterfront Estate at The Edge of the Gulf of America. Set on 3 secluded acres+/- along one of the mostprotected stretches of the Gulf of America, 57783 Morton Street is a newly completed estate of rare scale, privacy,and modern coastal design. Surrounded by water, sandscape, and tidal ponds alive with marine life, the propertyoffers more than 200’+/- of direct water frontage and

    Brett Harris Bespoke Real Estate Florida LLC

    57783 Morton St, Marathon, FL 33050
  • /51

    $777,000

    $10K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft

    91 Dorsett Dr, Marathon, FL 33050

    Desirable 2 bedroom, 2 bath on a Private Street with Waterfront Access!Welcome home to this well maintained concrete block home, ideally located on a quiet private residential street. Enjoy exclusive access to a community park and private boat ramp reserved for owners, making it perfect for boating and outdoor enthusiasts.The property features lush tropical landscaping with mature

    Lynny Thompson Key Colony Beach Realty

    91 Dorsett Dr, Marathon, FL 33050
  • /50

    $1,250,000

    $150K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 1,854 Sq Ft

    574 & 576 99th Street Ocean, Marathon, FL 33050

    Beautifully renovated and fully turnkey duplex located on a deep-water canal in the heart of Marathon. This rare income-producing property features TWO spacious homes, 2BD/2BA on each side, each unit offers approximately 927 sq. ft. of updated coastal living with impact windows and doors, granite countertops, stainless steel appliances, tile flooring throughout, and covered parking. Renovated in

    Alexia Mann Seafarer Realty LLC

    574 & 576 99th Street Ocean, Marathon, FL 33050
  • /43

    $599,900

    $150K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,448 Sq Ft

    780 95th Street Ocean, Marathon, FL 33050

    New on the market in the heart of Marathon, FL! This property offers a great opportunity to own in one of the most convenient areas of the Florida Keys, just minutes from local shops, dining, marinas, beaches, and island attractions. Conveniently located across from the airport, this home features a brand-new metal roof, a fully fenced yard, and zoning that allows short-term vacation rentals with

    Lumey Gonzalez Mayor Keller Williams Realty International Lifestyles

    780 95th Street Ocean, Marathon, FL 33050
  • /6

    $229,000

    $90K PRICE DROP
    • Land
    • 2,482 Sq Ft
    • $4,017,544 per Acre

    319 Tuskegee St, Marathon, FL 33050

    Seller Financing Available -- Prime Corner Lot with water views, in MarathonThis vacant, cleared corner lot sits in one of Marathon's most convenient and high-visibility locations. Directly across from Racetrac, the public library, Marathon High School, Fishermen's Hospital, Starbucks, mini golf, City Marina, the boat ramp, and the events park, this property offers unbeatable access to the

    Tracey Petrusha LoKation

    319 Tuskegee St, Marathon, FL 33050
  • /64

    $2,750,000

    $100K PRICE DROP
    • 6 Beds
    • 6 Baths
    • 2,243 Sq Ft

    900 101st Street Ocean, Marathon, FL 33050

    Welcome to your dream waterfront retreat in the heart of the Florida Keys! This stunning 6-bedroom, 6-bathroom pool home in Marathon offers the perfect blend of luxury, comfort, and investment potential.Situated on an expansive 150 feet of deep-water dockage, this property is a boater's paradise, with easy access to the Atlantic Ocean and the Gulf of Mexico. Whether you're setting sail for a

    Kimberly Gray LoKation Real Estate

    900 101st Street Ocean, Marathon, FL 33050
  • /50

    $1,499,000

    $300K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,108 Sq Ft

    11563 4th Avenue Ocean, Marathon, FL 33050

    Experience the Florida Keys lifestyle on a double lot in Marathon's sought-after Little Venice. This 2 bed/2 bath waterfront retreat boasts open-water views, 100' of concrete dockage with a 20,000 lb boat lift, and a resort-style outdoor living area built for entertaining. The backyard features a pool(heated or chilled), hot tub, poolside cabana with sink and refrigerator, mature tropical

    Paulette Thompson PA Ocean Sotheby's International

    11563 4th Avenue Ocean, Marathon, FL 33050
  • /52

    $695,000

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,447 Sq Ft

    59733 Paradise Place, Marathon, FL 33050

    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. The property comes fully furnished, making it even more convenient and ready to enjoy! Just minutes from world-class fishing, boating, waterfront dining, Sombrero Beach, Curry

    Amy Caballero The MVMNT Group LLC

    59733 Paradise Place, Marathon, FL 33050
  • /59

    $2,095,000

    Open Sun 2PM - 4PM $55K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 2,719 Sq Ft

    112 Bruce Ct, Marathon, FL 33050

    A rare opportunity to own a fully renovated waterfront home that delivers both the Florida Keys lifestyle and exceptional investment potential.Offering five legal bedrooms, three legal bathrooms, and seven-day vacation rentals, this turnkey property presents projected rental income of up to $170,000 annually (per pro forma), making it equally appealing as a primary residence, second home,

    Michelle Wininger Ocean Sotheby's International

    112 Bruce Ct, Marathon, FL 33050
  • /51

    $2,799,000

    New Construction $401K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 2,472 Sq Ft

    837 Copa D Oro, Marathon, FL 33050

    Discover elevated waterfront living in this newly constructed custom two-story concrete residence, offering 4 spacious bedrooms, each with its own private en-suite bath. Thoughtfully designed for both comfort and entertaining, the home features a seamless open-concept layout that effortlessly connects indoor and outdoor spaces.At the heart of the home is a designer chef's kitchen appointed

    Chase Foster Coldwell Banker Schmitt Real Estate Co.

    837 Copa D Oro, Marathon, FL 33050
  • /51

    $2,950,000

    $550K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 3,434 Sq Ft

    555 70th Street Gulf, Marathon, FL 33050

    SELLER MOTIVATED Gulf Views with lots of living indoors and out! Looking for a spacious home with 5 bedrooms and 3 baths, a very large pool, easy boating access and 112' of concrete dockage. House is U shaped and takes advantage of pool views from practically every room. Located in the exclusive Roosevelt Point subdivision on a quiet Gulf side street. Situated on two lots that can be separated.

    Brenner Scheel Casey Florida Keys Real Estate Group

    555 70th Street Gulf, Marathon, FL 33050
  • /32

    $639,000

    $20K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,286 Sq Ft

    58110 Ferreire St, Marathon, FL 33050

    Take this opportunity to own a beautifully updated home on nearly half an acre! Located in the peaceful highly desired neighborhood of Grassy Key. Minutes from the best restaurants, roof top bar, market and water park, it truly is an oasis.

    Cara O'Neill Key Colony Beach Realty

    58110 Ferreire St, Marathon, FL 33050
  • /27

    $395,000

    New Construction $45K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 960 Sq Ft

    101 11th Street Ocean Unit 19, Marathon, FL 33050

    Ocean Breeze makes island living easy in this Florida Keys waterfront enclave. This fully furnished, newly constructed manufactured home is outfitted with tasteful coastal decor across the sunny 2 bed, 2 bath space. The upstairs private balcony overlooks the ocean for morning coffee. All modern appliances including washer and dryer and dishwasher complete the package. Enjoy full amenities in this

    Kirsten Miller Coldwell Banker Schmitt Real E

    101 11th Street Ocean Unit 19, Marathon, FL 33050
  • /54

    $824,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,364 Sq Ft

    8302 Marina Villas Dr, Marathon, FL 33050

    Seller has this property listed with VRBO. Rental income for 2025 was over $100,000 for the year. Wide water views from this beautiful renovated furnished condo boasting a fantastic floor plan compared to other condos, is attractively decorated with an updated and modern coastal look. Many windows for natural light and a huge L-shaped balcony boasting pocket sliding doors for indoor/outdoor

    Caroline Barca Berkshire Hathaway Florida Realty - Stuart

    8302 Marina Villas Dr, Marathon, FL 33050
  • /60

    $1,195,000

    $100K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,236 Sq Ft

    105 Santa Barbara, Marathon, FL 33050

    Discover the potential of this concrete constructed, waterfront pool home tucked away on tranquil Flamingo Island. Offering the ideal opportunity to renovate, personalize, and create your own Florida Keys retreat, this property features three bedrooms, two bathrooms, and nearly 1,300 square feet of interior living space. More than 600 square feet of screened porches invite relaxed indoor-outdoor

    Jo Ann Cook Ocean Sotheby's International

    105 Santa Barbara, Marathon, FL 33050
  • /68

    $399,000

    $36K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 850 Sq Ft

    2600 Overseas Hwy Unit 48, Marathon, FL 33050

    Classic Keys Beach House Vibe with Proven Rental Income!Discover the ultimate Florida Keys getaway and investment opportunity with this 2-bedroom, 2.5-bathroom beachfront townhouse at Tranquility Bay Beach Resort in Marathon. Perfectly situated on the highly sought-after ''quiet side'' of the resort, this villa offers serene Gulf views and immediate proximity to the adult-only pool, the

    Amy Puto Coldwell Banker Schmitt Real Estate Co.

    2600 Overseas Hwy Unit 48, Marathon, FL 33050
  • /31

    $1,650,000

    New Construction $500K PRICE DROP
    • 3 Beds
    • 3.5 Baths
    • 1,740 Sq Ft

    1140 92nd St, Marathon, FL 33050

    Welcome to Aqua Vista, a sophisticated waterfront retreat built in 2021, offering sweeping open-water views of the Atlantic Ocean and the ultimate Florida Keys lifestyle. Designed to blend contemporary coastal architecture with refined comfort, this exceptional residence features three bedrooms and three-and-a-half baths—ideal as a private luxury home, second residence, or high-performing

    Brenner Scheel Casey Florida Keys Real Estate Group

    1140 92nd St, Marathon, FL 33050
  • /23

    $116,000

    $28K PRICE DROP

    12411 Overseas Hwy Unit 36A, Marathon, FL 33050

    Located in the heart of the Middle Keys, Rack 36A at The Boat House Marina offers a prime opportunity to store your vessel in one of Marathon's most convenient full-service marina facilities.This rack is reported to accommodate a vessel with approximately 9.595' max beam, 11.360' max height, and 35.5' max overall length (LOA). Buyer must personally verify all dimensions and fit prior to

    Sam Williams Coldwell Banker Schmitt Real Estate Co.

    12411 Overseas Hwy Unit 36A, Marathon, FL 33050
  • /49

    $2,799,000

    New Construction $401K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 2,472 Sq Ft

    835 Copa D Oro, Marathon, FL 33050

    Experience luxury waterfront living in this custom-built, new construction two-story concrete home featuring 4 bedrooms and 4 private en-suite baths. Designed for entertaining, the open-concept layout seamlessly blends indoor and outdoor living.The chef's kitchen boasts top-of-the-line stainless steel appliances including double convection ovens, Smart refrigerator, dishwasher, vented

    Alyson Bainbridge Coldwell Banker Schmitt Real Estate Co.

    835 Copa D Oro, Marathon, FL 33050
  • /5

    $249,999

    $9K PRICE DROP

    35 Sombrero Blvd Unit B31, Marathon, FL 33050

    Live aboard boat slip offered in Sombrero Marina is 50' long accommodating up to 55' length boat; includes one allocated parking space. With beautiful views from your boat, enjoy all that Marathon has to offer. This slip is centrally located, and nearby you can play golf, go fishing and kayaking, spend a day at the beach, and more! End your days with a meal or a drink and some entertainment at

    Cheryl Billings Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys

    35 Sombrero Blvd Unit B31, Marathon, FL 33050
  • /7

    $1,335,000

    $95K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 1,904 Sq Ft

    11250 5th Avenue Gulf, Marathon, FL 33050

    FLORIDA KEYS WATERFRONT VALUE5 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

    Steven Koleno Beycome of Florida, LLC

    11250 5th Avenue Gulf, Marathon, FL 33050
  • /68

    $2,789,000

    $186K PRICE DROP
    • 5 Beds
    • 5 Baths
    • 2,860 Sq Ft

    443 Sombrero Beach Rd, Marathon, FL 33050

    Weekly rental income-producing property with open water access and dockage on desirable Sombrero Beach Road. This 5-bedroom, 5-bath coastal villa is a proven vacation rental offering immediate income potential in the heart of Marathon, just moments from Sombrero Beach. Thoughtfully designed across three levels, the home features light-filled interiors with a coastal palette of soft blues and

    Stephany Duvall Engel & Völkers Marathon

    443 Sombrero Beach Rd, Marathon, FL 33050
  • /11

    $299,000

    $11K PRICE DROP
    • Land
    • 0 Sq Ft

    100 Avenue I, Marathon, FL 33050

    LIVE ABOARD boat slip for SALE. DEEDED boat slip. Boat slip only, boat not included in the sale.Located in Marathon Florida Keys.80ft long, 14ft wide, at least 5ft draft.Includes private 10' X 14' screened tiki hut at the slip. Private storage. 1 assigned parking spot and guest parking spaces. Short walk to a beautiful beach. Electric and water, along with pump-out at the slip. Mail box, cable TV

    Fabian Olivo Florida Realty of Miami Corp

    100 Avenue I, Marathon, FL 33050
  • /44

    $3,200,000

    $195K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,528 Sq Ft

    800 11th St, Key Colony Beach, FL 33051

    A Premier Florida Keys Yacht Property! Positioned on an exceptional point lot at the end of 11th Street in Key Colony Beach, this beautifully renovated waterfront residence offers an incredible 300 linear feet of concrete seawall and dockage, creating one of the finest private boating properties in the Middle Keys.Designed for the serious yachtsman, the property comfortably accommodates

    Brenner Scheel Casey Florida Keys Real Estate Group

    800 11th St, Key Colony Beach, FL 33051

Home Price Trends

Median Sale Price
$955,000
Median Single Family Sale Price
$1,407,500
Median Townhouse Sale Price
$660,000
Median 2 Bedroom Sale Price
$635,000
Median 1 Bedroom Sale Price
$409,999
Average Price Per Sq Ft
$864
Number of Homes for Sale
36
Last 12 months Home Sales
336
Months of Supply
8.50
Median List Price
$1,150,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-14%
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