$1,295,000
$200K PRICE DROP

001 Overseas Hwy Duck Key, FL 33050

Estimated payment $8,509/month

Total Views 4,755
-- Acre
-- Price per Acre
-- Sq Ft Lot

About This Lot

Imagine constructing a luxury residence on just over 2 acres of undisturbed land in the fabulous Florida Keys! Here is the rare opportunity you've been looking for. Situated on the oceanside of Marathon, this parcel presents immense potential. Zoned Residential Low, construct 1 home on just over 2 acres to enjoy your very own estate-like property. Two parcels are offered for sale separately at this price, each parcel has just over 2 acres. Rest assured that the necessary market rate building right conveys with the land (1 TBR for each parcel). Gain proper permits and approvals to trim the mangroves; attain stunning oceanfront views from the future constructed home. The City of Marathon allows a maximum home height of 42 feet - future views from a stilted home would be incredible. Imagine, enter through a private gate, venture down a long winding driveway that leads through a gorgeous, natural canopy of vegetation to arrive at your very own estate. Residential low zoning allows for a home up to 6 bedrooms, and immense lot size has room for amenities galore. Construct multiple garages to house luxury vehicles, a pickleball and/or tennis court, putting green, gym, attached guest home, infinity pool, plus lush gardens and landscaping. Enjoy kayaking and paddleboarding or relax among the serene Atlantic views from the future home and observation platform dock. Partner with the owners to build, or select your own construction team. The possibilities are endless. With Marathon's private airport only 3 minutes away, fly in and out with ease. Enjoy a day trip to Key West, Islamorada or take a scenic 2.5 hour drive up to South Florida. If constructing an estate style home on acreage is something you've been dreaming of, THIS is your prime opportunity.

Listing Agent

Ally Kelley

Ocean Sotheby's International Realty License #SL3352184

Ocean Sotheby's International Realty

Map

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 1
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Mid-Town - Ocean (Sombrero to 71st)
  • Mile Marker: 50.50
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Property Rights: Tranfrble Bldg Prmt, Transfer Bldg Rights
  • Side: Ocean
  • State Province: FL
  • Taxes: 351.18
  • Alternate Key Number: 9105250
  • Lot Sq Ft: 99752.00
  • Species List: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: None
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Waterview: Open Water View, Ocean View

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00338711-000100
  • Land Size: 2 Less Than 5 Acres
  • Building Permit: Other Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2024

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Price Changed $1,295,000 -13.4% --
08/27/2024 08/27/24 For Sale $1,495,000 -- --
Source: Marathon and Lower Keys Association of REALTORS®

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 611232