In "the heart of the Keys," Marathon, Florida is a quaint tropical 10-mile long island city that is situated mainly on Vaca, Fat Deer and Grassy Keys. At the midpoint of the Florida Keys island chain, Marathon residents enjoy the laid back lifestyle among unparalleled fishing, snorkeling, diving and sailing. Local real estate options consist of town homes, condominiums, single-family homes, and land property.
With new parks, the 12.6 acre landscaped Sombrero Beach and a newly renovated airport that makes any city in the Keys less than a 90 minute drive away, Marathon offers island living with accessibility to the hustle and bustle. Sombrero Reef, a federally protected section of North America's only living coral barrier reef, lies just a few miles offshore. Beyond it are the deep blue waters of the Florida Straits, offering a bevy of billfish and tuna in the winter and dolphin fish in the summer. On the north side of the island lie the calm waters of the Gulf of Mexico, Florida Bay and the Keys backcountry.
Crane Point offers a shopping district and 64-acre of hardwood trees, nature trails and educational displays. Many marine activities are enjoyed from Boot Key Harbor in the center of the island, housing the City Marina. Pigeon Key and Old Seven Mile Bridge are listed on the National Historic Register and utilized as a fitness path and fishing pier. With teeming fresh fish resources, seafood lovers will embrace the plenty of restaurants located right on the water, featuring the local catch.
Both contemporary and historic beach properties are found in Marathon, Florida. From humble tree lined streets to ample lots with expansive homes, breathtaking views, beach and water access, Marathon offers diverse housing options for every income level. Marathon, FL townhomes and condominiums start from $350,000 and can range up to $1 million. Single-family homes in Marathon start under $350,000 and can go up to $5 million for sprawling estates and properties that sit on the water. Marathon Shores offers some great properties with canal views.
Land and lots range from $150,000 to $700,000 depending on acreage, views, water access and utilities present.
Marathon Real Estate Stats and Trends for the week of March 23rd, 2015: homes priced around $690,180 compared to $947,412 the previous week, showing a decrease of less than -37%. For Monday, March 30th, the current national mortgage rate for a 30 year fixed mortgage is 3.82%; the 15 year fixed rate is at 3.05%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.12%, while the 15 year jumbo rate currently is at 3.77%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Marathon FL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Marathon to help you find the best home!