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Have you been dreaming of your perfect Florida Keys island home & wondering where to build it? Look no further. Build your dream home on one of Marathon's most sought-after streets & waterfront neighborhoods. Tucked away on a quiet dead-end street just moments from Sombrero Beach, this exceptional homesite offers 65 feet of water frontage and the opportunity to create a custom island retreat in the heart of the Florida Keys. Located on desirable Treasure Road, this peaceful enclave is known for its privacy, family-friendly atmosphere, & unbeatable convenience. This is a street you only drive down if you live there, offering a sense of seclusion and tranquility while remaining close to everything Marathon has to offer. Depending on the design and elevation of the future home, buyers may enjoy peek-a-boo ocean views & refreshing breezes from upper-level living areas & balconies. Neighboring homes enjoy water views, showcasing the potential of this unique location. The property is currently in the City of Marathon's BPAS allocation system & ranked #11 in the most recent allocation round w/ 68 points. The seller has a newer set of plans for a 3-bed, 2-bath residence that may be submitted by the next owner, offering a valuable head start in the building process. Alternatively, buyers may choose to submit new plans designed to potentially increase allocation points and improve their ranking. Buyers should verify all BPAS & building requirements & permitting w/ the City of Marathon. You'll love the convenience of being just minutes from Sombrero Beach, restaurants, shopping, & grocery stores in a golf cart friendly neighborhood where daily errands, evening bike rides, & sunset beach walks are all w/in easy reach. Whether you're planning a primary residence, seasonal getaway, future vacation home, or weekly rental property, this rare waterfront lot offers the opportunity to build exactly what you've been dreaming of while enjoying the very best of the FL Keys.

Highlights

  • Land
  • 0.2 Acre Lot
  • Waterfront
  • 154 days on Market


  • Acres
    0.2
  • Water Front Features
    Canal Front
  • Water Front
    Yes
  • View
    Ocean, Canal
  • Utilities
    Underground Utilities

  • Area
    14 - Sombrero Area
  • County
    Monroe
  • City
    Marathon
  • Neighborhood
    Treasure Island (50.0)
  • Zip Code
    33050

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Frequently Asked Questions

How do I schedule a tour of 3 Treasure Rd #VACANT?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 3 Treasure Rd #VACANT.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 3 Treasure Rd #VACANT?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $599,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Marathon, and can even get you in to see the property quickly.

How do I get a virtual tour of 3 Treasure Rd #VACANT?

Yes! A virtual tour is available for 3 Treasure Rd #VACANT. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 3 Treasure Rd #VACANT?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 3 Treasure Rd #VACANT at around $3,680. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 3 Treasure Rd #VACANT?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Monroe County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 3 Treasure Rd #VACANT?

In most cases, yes. Whether 3 Treasure Rd #VACANT is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Marathon's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 3 Treasure Rd #VACANT?

We can handle that for you. Our preferred local agent specializes in lands in Marathon and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

3 Treasure Rd #VACANT was listed on June 13, 2026, which means it's been on the market for 154 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

3 Treasure Rd #VACANT sits on a 0.2-acre lot, which is 8,712 square feet.

What are the property taxes for 3 Treasure Rd #VACANT?

The most recent public record shows annual property taxes for 3 Treasure Rd #VACANT were approximately $3,249. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 3 Treasure Rd #VACANT still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Florida Keys Board of REALTORS®, Inc.