Mixed use property in 1 Boot Key Rd Marathon for sale with MLS# A11872082

This rare 9-acre waterfront parcel is located on secluded Boot Key, a largely undeveloped island within the city limits of Marathon in the heart of the Florida Keys. Accessible only by boat since the drawbridge connection to Vaca Key was removed in 2010, the property offers privacy, natural beauty, and exceptional potential. Zoned mixed use, it includes 24 existing docks, a building and radio towers from a former local radio station, and portions of the land currently leased to fishermen. There are no active utilities on site, making it a true blank canvas for future development or a private retreat. With motivated ownership and flexible possibilities, this is a unique opportunity to secure a piece of the Florida Keys.

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Days on the market

1 Boot Key Rd, Marathon, FL 33050

Price
Price:
$2,000,000.00
Previous Asking Price:
$6,000,000.00
Original List Price:
$6,000,000.00
Business Info
Gross Scheduled Income:
0
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Pending Inspections
Listing Category:
Land
MLS Number:
A11872082
Description of Last Important Update:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Last Major Update on:
March 31, 2026 9:27 am
Measures
Lot Area:
301,435 Sqft
Lot Size Dimensions and Info:
700x700
Lot Size Unit:
Square Feet
Lot Features:
Five To Ten Acres
Lot Size Acres:
9
Number of Lots:
1
Property Features
View from the Property:
Canal
Waterfront:
Yes
Waterfront Features:
Ocean Access, Navigable Water, Lagoon, Mangrove
Water Access Description:
Deeded Dock
Boat Dock Slip:
Dock Owned / Included
Taxes and Expenses
Tax Annual Amount:
$3,657.00
Tax Year:
2025
Parking
Covered Spaces:
0
Utilities
Utilities Available:
None, Sewer Not Available
Water Source:
Other
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
16 66 32 BOOT KEY PT GOVT LOT 3 (9.57 AC) OR1152-290/291
Real Estate Folio Number (Parcel Number):
00105320-000100
Zoning Description:
MIXED USE
Title to the property is held by owner as:
Corporation
Listing History
Originally published on:
September 4, 2025 8:56 am
Active on the market since:
September 4, 2025
Listing Agreement executed on:
September 4, 2025
Price change occurred on:
October 7, 2025 9:42 am
Listing Status Last Changed On:
March 31, 2026 9:27 am
Photos updated on:
September 4, 2025 1:20 pm
Last Modified:
March 31, 2026 1:27 pm
Additional Information
Flood Zone:
AE
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Boot Key Rd
Street Number:
1
City:
Marathon
State:
Florida
Zip Code:
33050
County:
Monroe
Latitude:
N24° 41' 33.2''
Longitude:
W82° 53' 29.4''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $83,243
Median Home Value $705,600
Median Rent $1,611/mo
Median Age 48
Population 10,586

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