$1,082,800
NEW CONSTRUCTION $50K PRICE DROP

225 Pescayo Ave Marathon, FL 33050

Estimated payment $5,848/month

Total Views 11,152
6 Beds
4 Baths
2,072 Sq Ft
$523 Price per Sq Ft

Highlights

  • New Construction
  • No HOA
  • Central Air
  • Coral Shores High School Rated A
  • Impact Glass

About This Home

Huge Price Reduction on this brand new construction FULL DUPLEX in the beautiful Coco Plum subdivision. Excellent opportunity for those looking to purchase housing units for their employees or for those investors looking to purchase long term rental property in the Keys. Each side is a 3 bedroom 2 bath 1,036 sq ft with covered parking for multiple cars. Each side is currently leased with annual tenants in place. The property is deed restricted for affordable housing and must follow HUD rental guidelines and early evacuation restrictions. Duplex is located in a newer subdivision in Coco Plum with lots of new homes in the area. Great area to live with a bike path in place and walking distance to Coco Plum Beach. This property may not be rented as a vacation rental. Property is intended for people living and working in the Marathon area. Call for more information!

Listing Agent

Kim Show

Coldwell Banker Schmitt Real Estate Co. License #3220812 Listed on: 07/22/2025

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 5,625 Sq Ft Lot

Parking

  • Carport

Home Design

  • 2,072 Sq Ft Home
  • Duplex

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 00363451-000300

Community Details

Overview

  • No Home Owners Association
  • Coco Plum Beach Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,822

Year Built

Built in 2025 | New Construction

Lot Details

5,625 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Coco Plum
  • Mile Marker: 54.50
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 1822.37
  • Vehicle Storage: Carport
  • Year Built: 2025
  • Alternate Key Number: 9104806
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5625.00
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2072.00
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Oven, Refrigerator
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 6

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Community Swr Plant

Lot Info

  • Deed Restrictions: Affordable Housing
  • Flood Zone: AE
  • Parcel Number: 00363451-000300
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,822 $159,595 $159,595 --
2024 $1,787 $176,048 $176,048 --
2023 $1,787 $176,048 $176,048 $0
2022 $1,532 $105,300 $105,300 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 Price Changed $1,082,800 -4.4% $523 / Sq Ft
07/22/2025 07/22/25 For Sale $1,132,800 -- $547 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 615892

APN: 00363451-000300

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