$2,999,000
$2M PRICE DROP

56185 Overseas Hwy Marathon, FL 33050

Estimated payment $19,227/month

Total Views 4,709
10 Acres
$299,900 Price per Acre
435,600 Sq Ft Lot

Highlights

  • Airstrip
  • Dock made with concrete
  • Bay View
  • Coral Shores High School Rated A
  • Property fronts gulf or ocean
  • Electric Gate

About This Lot

10-Acre Gulffront Estate Opportunity - Rare, Private, and Unmatched in Marathon!Welcome to 56185 Overseas Hwy, Marathon, FL 33050--an extraordinary 10-acre waterfront property offering sweeping open-water views of the Gulf of Mexico from both the east and west side of the parcel. With water on two sides, this unique positioning allows for both breathtaking sunrises and stunning sunsets, delivering an experience few properties can match.Bordered by a protected bird sanctuary and neighboring Curry Hammock State Park, the property enjoys approximately 90 acres of natural buffer, providing unmatched seclusion, serenity, and no highway directly behind you.A rare building right is already in place, giving you the opportunity to build a custom luxury estate or private retreat without delay. Allowing 7-day rentals, the property offers tremendous flexibility for both personal use and income potential.A concrete seawall lines the waterfront, offering solid shoreline protection and excellent boating potential. With direct Gulf access and wide-open views, it's a dream setting for boating enthusiasts and nature lovers alike.Conveniently located just minutes from Marathon International Airport, this property combines privacy, accessibility, and the natural beauty of the Florida Keys.Opportunities like this are few and far between--don't miss your chance to create a legacy estate in one of the Keys' most peaceful and pristine locations.

Listing Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 03/06/2025

Coldwell Banker Schmitt Real Estate Co.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,969

Lot Details

  • 10 Acre Lot
  • Property fronts gulf or ocean
  • Cleared Lot
  • Property is zoned C-NA - Conservation Native Area

Parking

  • Electric Gate

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 00099580-000000

Community Details

Overview

  • Crains Sub Subdivision

Recreation

  • Airstrip
  • Seawall
  • Dock made with concrete

Property Details

Property Type

Land

Est. Annual Taxes

$31,969

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Auction Information: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 80
  • Dockage Seawall: Concrete
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 31969.00
  • Alternate Key Number: 1116351
  • Lot Sq Ft: 435600.00
  • Species List: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Location Site: Cleared Site
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Waterview: Open Water View, Bay View

Utilities

  • Security: Electric Gate

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE-12
  • Parcel Number: 00099580-000000
  • Land Size: 10 or more Acres

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
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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
2024 $18,025 $3,499,248 $3,421,229 $78,019
2023 $18,025 $1,890,843 $1,665,364 $225,479
2022 $18,346 $1,893,431 $1,665,364 $228,067
2021 $19,018 $1,868,856 $1,665,364 $203,492
2020 $18,748 $1,871,075 $1,665,364 $205,711
2019 $18,768 $1,871,096 $1,665,364 $205,732
2018 $17,951 $1,856,369 $1,665,364 $191,005
2017 $18,007 $1,858,611 $0 $0
2016 $18,362 $1,835,590 $0 $0
2015 $14,363 $1,703,093 $0 $0
2014 -- $1,155,355 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $2,999,000 -14.3% --
06/10/2025 06/10/25 Price Changed $3,500,000 -12.5% --
05/13/2025 05/13/25 Price Changed $3,999,000 -20.0% --
03/06/2025 03/06/25 For Sale $4,999,000 -- --
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed Of Distribution -- None Listed On Document
Personal Reps Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 614052

APN: 00099580-000000