11296 5Th Avenue Ocean, Marathon, FL 33050
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This property is located within the only Economic Opportunity Zone in the Florida Keys, potentially allowing the buyer to eliminate tax on future capital gains. Ask listing agent for details. HGTV Renovated Dream Home! Featured on one-hour episode which aired nationally on HGTV. Total top-of-the-line renovation just completed. Once in a lifetime opportunity with open water views. No expense spared to renovate this spectacular turn-key, beautifully landscaped open concept seaside home in Little Venice, including a fabulous custom concrete pool w/ Granite water's edge 9-foot bar. Property is ideally located in the heart of Marathon, one lot in from open-ocean for the best boating access from a 60-foot protected concrete dock and massive paver patio. Impeccable with new roof. Shaker cabinets, Italian art-tile backsplash, Samsung stainless steel appliances, oversized SS sink, a huge island and endless counter and cabinet space. 44-feet of seamless social open floor plan dining, kitchen and living areas provide ample room. All impact-rated windows and doors. Magnificent bathrooms feature subway, mosaic and plank tile and double-faucet floating vanities. Beautiful hand-stained exposed truss ceilings throughout. Abundant parking. Successful rental history with substantial income.
We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.
Marathon is the heart of the Florida Keys, serving as the hub between Key Largo and Key West. Marathon airport is set to restart commercial airline service in 2027, significantly increasing the island's accessibility, for what is already a top vacation destination. Notable landmarks include Sombrero Beach, the Turtle Hospital, Crane Point Museum & Nature Center, and the Seven Mile Bridge, along with the world famous Dolphin Research Center sitting just to the north. Florida $3-5 million luxury home sales have surged nearly 69% so far in 2026. Marathon is leading the way, with median home prices 191% higher than the national average. With extremely limited new supply due to Rate-of-Growth-Ordinance (ROGO) limits, and exponential demand...expect these trends to continue.
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