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For sale
  • Price cut: $401K (3/20)
    $2,999,000

    205 Stirrup Key Blvd, Marathon, FL 33050

    4beds
    3,414sqft
    : 
    Single Family Residence
    Built in 2007
    0.62 Acres Lot
    $-- Zestimate®
    $878/sqft
    $213/mo HOA

    What's special

    Four-story luxury custom residenceThree-car garageTwo bedroomsSpiral staircaseWater accessElevated water viewsPrivate primary suite
    A rare estate package opportunity in the gated community of Stirrup Key, this four-story Luxury Custom residence is offered with a separate vacant lot with its own Parcel ID, a transferable building right, and a deeded boat slip in the community marina. Together, these features provide flexibility for future expansion, an additional residence, or long-term value in one of Marathon's most established neighborhoods.The home offers elevated water views, water access, and a layout designed for both everyday living and entertaining. The ground level features a three-car garage, generous storage, and direct access to the pool, creating easy indoor-outdoor living.The second floor serves as the main living level with two bedrooms, two full baths, a full kitchen, and open living and dining areas that extend onto a large screened lanai, ideal for relaxed gatherings and evening breezes. The third floor offers a private primary suite, sitting area or fourth bedroom, with bar/kitchenette and fireplace.Primary suite bath offers spa-style features, and an expansive lanai with elevated views.A spiral staircase leads to the fourth-floor widow's walk, finished with travertine flooring and a water hookup. From here, panoramic views stretch across Marathon and toward the Gulf, offering a peaceful setting for sunrise and sunset. A private nature path winds through preserved surroundings and leads to a Gulf-front observation dock, ideal for wildlife viewing and enjoying the natural setting.Additional features include a lift to the second floor for added convenience. Located behind the airport with easy access to shopping, dining, and daily necessities, this property offers a rare combination of space, privacy, boating access via a deeded marina slip, and future development potential in the Florida Keys.Schedule a private showing to experience the space, views,& the value of the additional lot, transferable building right, and deeded marina slip in person.B&BATVAI
    53 days
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    683
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    18
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    Zillow last checked: 7 hours ago

    Listing updated: March 30, 2026 at 05:13am

    Listed by:

    Anthony Pallaria 305-923-3088,

    Coldwell Banker Schmitt Islamorada,

    Sheryl Ann Phillips 305-942-6771,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 618548MLS LogoOriginating MLS: Florida Keys

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
      Features
      • Whirlpool Bath Tub, Walk-In Closet(s), Storage, Elevator, Granite Counters, Built-in Cabinets, Entrance Foyer, Pantry, Fireplace(s), Split Bedroom, Cathedral Ceiling(s), Wet Bar
      • Flooring: Tile, Wood
      • Doors: Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 3,414 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, Covered, Open, Garage Door Opener, Attached
      • Has attached garage: Yes
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: 4 Stories
      • Stories: 4
      • Patio & porch: Open Porch/Balcony, Deck, Screened P/B
      • Exterior features: Boat Slip
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Bay/Gulf View, Water
      • Has water view: Yes
      • Water view: Bay/Gulf View,Water
      • Waterfront features: Gulf Front, Waterfront, Dockage: Boat Slip
      Lot
      • Size: 0.62 Acres
      • Features: 1/2 - Less Than 1 AC
      Details
      • Additional structures: Workshop
      • Additional parcels included: 00333641010100
      • Parcel number: 00333641010200
      • Zoning: RH
      • Zoning description: Residential High

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      • Roof: Metal
      Condition
      • Year built: 2007

      Utilities & green energy

      • Sewer: Municipal Sewer, Community Swr Plant, Public Sewer
      • Utilities for property: FKAA, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Features: Community Dockage, Airport/Runway, Community Boat Ramp
      • Subdivision: Stirrup Key Sub (52.5)
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $2,550 yearly
      Location
      • Region: Marathon

      Financial & listing details

      • Price per square foot: $878/sqft
      • Tax assessed value: $2,336,560
      • Annual tax amount: $22,573
      • Date on market: 2/9/2026
      • Listing terms: Seller Finance Psble,Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/20/2026Price change$2,999,000-11.8%$878/sqft
        Source: FLKMLS #618548 Report a problem
        2/9/2026Listed for sale$3,400,000-9.4%$996/sqft
        Source: FLKMLS #618548 Report a problem
        1/8/2026Listing removed$3,751,000$1,099/sqft
        Source: MLKAR #614625 Report a problem
        7/31/2025Price change$3,751,000-2.6%$1,099/sqft
        Source: Key West AOR #614625 Report a problem
        6/7/2025Price change$3,850,000-1.3%$1,128/sqft
        Source: Key West AOR #614625 Report a problem
        4/14/2025Listed for sale$3,900,000+160%$1,142/sqft
        Source: FLKMLS #614625 Report a problem
        3/1/2022Sold$1,500,000-23.1%$439/sqft
        Source: FLKMLS #598999 Report a problem
        1/26/2022Pending sale$1,950,000$571/sqft
        Source: BeachesMLS #RX-10767302 Report a problem
        1/3/2022Price change$1,950,000+457.1%$571/sqft
        Source: Key West AOR #598999 Report a problem
        1/2/2022Price change$350,000-82.1%$103/sqft
        Source: FLKMLS #599000 Report a problem
        1/2/2022Listed for sale$1,950,000+59.2%$571/sqft
        Source: BeachesMLS #RX-10767302 Report a problem
        9/5/2020Listing removed$1,225,000$359/sqft
        Source: Berkshire Hathaway HomeServices Keys Real Estate #589255 Report a problem
        1/18/2020Listed for sale$1,225,000+22.5%$359/sqft
        Source: Berkshire Hathaway HomeServices Keys Real Estate #589255 Report a problem
        3/13/2015Sold$1,000,000+28.2%$293/sqft
        Source: Public Record Report a problem
        11/13/2012Sold$780,000-34.9%$228/sqft
        Source: Public Record Report a problem
        3/29/2012Listing removed$1,199,000$351/sqft
        Source: NCI #555167 Report a problem
        12/23/2011Price change$1,199,000-40%$351/sqft
        Source: NCI #555167 Report a problem
        3/12/2010Price change$1,999,000+0.5%$586/sqft
        Source: Century 21 Keysearch Realty-Islamorada Report a problem
        10/29/2009Listed for sale$1,990,000+1709.1%$583/sqft
        Source: Century 21 Keysearch Realty-Islamorada #549056 Report a problem
        4/14/2003Sold$110,000$32/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$17,314 +8.3%$1,677,299 +10%
        2024$15,992 +15.2%$1,524,817 +10%
        2023$13,876 -2.7%$1,386,197 +2.7%
        2022$14,259 +8.2%$1,349,212 +10%
        2021$13,173 +0.9%$1,226,556 -0.7%
        2020$13,058 $1,234,610 +1.3%
        2019$13,058 +1.1%$1,219,316 -11.4%
        2018$12,920 -4.6%$1,376,795 -1.2%
        2017$13,545 +5%$1,394,174 +28.9%
        2016$12,905 +11.9%$1,081,810 -14.3%
        2015$11,537 $1,262,697

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $17,156/mo
        Principal & interest
        $14894
        Property taxes
        $2049
        HOA Fees
        $213
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          Neighborhood: 33050

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