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
For sale
Price cut: $401K (3/20)
$2,999,000
205 Stirrup Key Blvd, Marathon, FL 33050
4beds
3,414sqft
Est.:
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
- 53 days |
- 683 |
- 18 |
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#: 618548
Originating 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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Price change | $2,999,000-11.8%$878/sqft |
Source: | ||
| 2/9/2026 | Listed for sale | $3,400,000-9.4%$996/sqft |
Source: | ||
| 1/8/2026 | Listing removed | $3,751,000$1,099/sqft |
Source: | ||
| 7/31/2025 | Price change | $3,751,000-2.6%$1,099/sqft |
Source: | ||
| 6/7/2025 | Price change | $3,850,000-1.3%$1,128/sqft |
Source: | ||
| 4/14/2025 | Listed for sale | $3,900,000+160%$1,142/sqft |
Source: FLKMLS #614625 Report a problem | ||
| 3/1/2022 | Sold | $1,500,000-23.1%$439/sqft |
Source: | ||
| 1/26/2022 | Pending sale | $1,950,000$571/sqft |
Source: | ||
| 1/3/2022 | Price change | $1,950,000+457.1%$571/sqft |
Source: | ||
| 1/2/2022 | Price change | $350,000-82.1%$103/sqft |
Source: | ||
| 1/2/2022 | Listed for sale | $1,950,000+59.2%$571/sqft |
Source: | ||
| 9/5/2020 | Listing removed | $1,225,000$359/sqft |
Source: Berkshire Hathaway HomeServices Keys Real Estate #589255 Report a problem | ||
| 1/18/2020 | Listed for sale | $1,225,000+22.5%$359/sqft |
Source: Berkshire Hathaway HomeServices Keys Real Estate #589255 Report a problem | ||
| 3/13/2015 | Sold | $1,000,000+28.2%$293/sqft |
Source: Public Record Report a problem | ||
| 11/13/2012 | Sold | $780,000-34.9%$228/sqft |
Source: Public Record Report a problem | ||
| 3/29/2012 | Listing removed | $1,199,000$351/sqft |
Source: NCI #555167 Report a problem | ||
| 12/23/2011 | Price change | $1,199,000-40%$351/sqft |
Source: NCI #555167 Report a problem | ||
| 3/12/2010 | Price change | $1,999,000+0.5%$586/sqft |
Source: Century 21 Keysearch Realty-Islamorada Report a problem | ||
| 10/29/2009 | Listed for sale | $1,990,000+1709.1%$583/sqft |
Source: Century 21 Keysearch Realty-Islamorada #549056 Report a problem | ||
| 4/14/2003 | Sold | $110,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: 33050
Nearby schools
GreatSchools rating
- 4/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 3.5 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 3 mi
Local experts in 33050
- Florida
- Monroe County
- Marathon
- 33050
- 205 Stirrup Key Blvd




