59733 Paradise Pl
Marathon, FL 33050
$700,000
$484/ft²
About this home
Discover an incredible waterfront investment opportunity in the heart of the Florida Keys! Located in the desirable Grassy Key area of Marathon, this property offers the perfect blend of lifestyle and investment potential. Just minutes from world-class fishing, boating, waterfront dining, Sombrero Beach, Curry Hammock State Park, Dolphin Research Center, and all the best attractions the Keys have to offer. Whether you're looking for a family vacation home, a high-performing Airbnb investment, or your next luxury development project, this property checks every box. Includes APPROVED PLANS for a stunning modern waterfront residence, saving you valuable time! (5 bedroom / 5 Bathroom with Pool) Enjoy direct ocean access from your 22-foot private dock, making it ideal for boating enthusiasts. Situated on a peaceful canal-front lot in one of the Keys' most active development areas, this is a rare chance to build a luxury home in a market with strong demand. Comparable newly built waterfront homes in the area have achieved values of $3.8 million and higher, presenting an exceptional opportunity for significant return on investment. Don't miss your chance to own a premier waterfront property with endless potential in one of Florida's most sought-after destinations.
Features
- Waterfront
Property details
Listing
- MLS #
- A12055919
- Status
- For sale
- Listed on
- Jul 18, 2026
- Days on market
- 22 days
- Listing data updated
- Jul 18, 2026
Interior
- Beds
- 4
- Baths
- 2
- Living area
- 1,447 ft²
- Price per ft²
- $484/ft²
Building & community
- Type
- Mobile home
- Year built
- 1979
- County
- Monroe
Lot & exterior
- Lot size
- 6,162 ft²
- Waterfront
- Yes
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $3,540
- Property taxes (est.)
- $642
- Home insurance (est.)
- $433
- Flood insurance (est.)
- —
Estimated total$4,615*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$3,540/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of The MVMNT Group LLC.
Amy Caballero · 305-915-2201 · realestate@withamy.net · 786-340-0582
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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