Florida Keys Real Estate

Listing Board: Marathon/Lower Keys

Current Price: $3,740,000

Listing Date: 2026-02-01

List Price: $3,740,000

City: MARATHON

Mile Marker: 49

Marathon Neighborhood: Old Town East (25th to Sombrero)

Side: Bay/Gulf

Flood Zone: AE

Alternate Key #: 9104893

Parcel #: 00337391-000500

Zoning: RH - Residential High

Deed Restrictions: Yes

Legal: UNIT 5 EMERALD FLATS SUB PB2-21 PORTION OF BLOCK 5 RESUBDIVISION OF MARTHON BEACH OR3146-1823 OR3288-0673

Taxes: 22393.43

Tax Year: 2025

Pub Sewer HkUp: Yes

Street #: 805

Street Name: 39Th Street Gulf

Key/Island: Marathon

State/Province: FL

Zip Code: 33050

County: Monroe

Subdivision: Marathon Beach (49.0)

Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

Realtor.COM Type: Residential - Single Family

Waterfront: Yes

Control Depth: 6

Lot Size: X

Lot SqFt: 5258

Pool: Yes

Lot Sqft Source: Tax Records

Total Units: 0

Acres: 0.12

SqFt Source: Tax Records

Rentals Allowed: With Restrictions

Min Rental Days: 7

Style: Single Family

Year Built: 2024

Living Apx SqFt: 2920

Total Bedrooms: 5

Full Baths: 4

Half Baths: 1

Total Baths: 5

Remarks – Consumer: LOCATION LOCATION LOCATION DIRECTLY ON THE GULF W/ GULF OF AMERICA AND MARINA VIEWS! Welcome to an extraordinary opportunity to own a newly constructed, luxury waterfront residence in the heart of the Florida Keys. Located in the exclusive Emerald Landings community in Marathon, this exceptional home offers breathtaking open-water views, a private 70' boat slip, and a rare private beach, kayak launch, blending high-end coastal living with unmatched boating convenience. Thoughtfully designed for both luxury and functionality, this stunning property features 5 bedrooms and 5 bathrooms, including two spacious primary suites with private balconies overlooking the water. An open-concept floor plan showcases a chef's kitchen with quartz countertops and waterfall island, seamlessly flowing into the living and dining areas—ideal for entertaining or relaxing with panoramic sunset views. Outdoor living is elevated with a heated resort-style pool, expansive patios, and multiple spaces designed for al fresco dining and sunset gatherings. Premium finishes, coastal-inspired design, and modern technology are found throughout the home, offering a turn-key experience for owners and guests alike. This property is the perfect investment opportunity, boasting a proven short-term rental history and strong income potential, while also serving as an ideal future personal residence for those dreaming of a private retreat in the Keys. Whether used as a high-performing vacation rental, a seasonal escape, or a full-time waterfront home, this property offers unmatched versatility. Centrally located near world-class boating, dining, shopping, and beaches, this rare offering combines luxury, location, and lifestyle—a true Keys dream home with income-producing potential. Being offered furnished.

Directions: Dead end of 39th street.

Mandatory Home Owners Asc: Yes

1st Right of Refusal: No

Association Fee $: 550

Common Area Mnt: 1

Dock Length: 70

Assigned Dock: 1

Boat Slip: 1

Seawall: Concrete

None: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Oven: 1

Range: 1

Refrigerator: 1

Stainless Steel Appliance(s): 1

Washer: 1

Wine Cooler: 1

Pets Allowed: 1

Central Air: 1

Central: 1

Gulf Front: 1

Bay/Gulf View: 1

Vinyl: 1

Beach: 1

Other Area Features: 1

Bar: 1

Built-in Cabinets: 1

Drapes/Blinds Incl: 1

Quartz Countertops: 1

Split Bedroom: 1

Storage: 1

Walk-in Closet(s): 1

Wet Bar: 1

Window Treatments: 1

New Construction: 1

Laundry Room: 1

Utility Room: 1

Above Flood: Yes

Impact Rstnce Window: 1

Sliding Glass Doors: 1

Car(s): 2

Garage: 1

Attached: 1

Auto Door Opener: 1

Electric Gate: 1

Concrete: 1

Stucco: 1

Less Than 1/4 Acre: 1

Furnished: 1

Cash: 1

Conventional: 1

Municipal Sewer: 1

Open Porch/Balcony: 1

Fencing: 1

Lanai: 1

In Ground: 1

Salt Water: 1

Cable: 1

Metal Roof: 1

Accessible Doors: 1

Accessible Full Bath: 1

Accessible Kitchen: 1

Status: Active