$3,495,000
805 39th Street Gulf
Marathon, FL 33050
Listing updated: June 20, 2026 at 3:36 PM ET
Listing courtesy of Re/Max Alliance Group · Rachel Gallagher · MLS #W7882829 · Active · 727-845-4321Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
LOCATION LOCATION LOCATION DIRECTLY ON THE GULF W/ GULF OF AMERICA AND MARINA VIEWS! Welcome to an extraordinary opportunity to own a newly constructed, luxury waterfront residence in the heart of the Florida Keys. Located in the exclusive Emerald Landings community in Marathon, this exceptional home offers breathtaking open-water views, a private 50' boat slip included, and a rare private beach, kayak launch, blending high-end coastal living with unmatched boating convenience. Thoughtfully designed for both luxury and functionality, this stunning property features 5 bedrooms and 5 bathrooms, including two spacious primary suites with private balconies overlooking the water. An open-concept floor plan showcases a chef's kitchen with quartz countertops and waterfall island, seamlessly flowing into the living and dining areas--ideal for entertaining or relaxing with panoramic sunset views. Outdoor living is elevated with a heated resort-style pool, expansive patios, and multiple spaces designed for al fresco dining and sunset gatherings. Premium finishes, coastal-inspired design, and modern technology are found throughout the home, offering a turn-key experience for owners and guests alike.This property is the perfect investment opportunity, boasting a proven short-term rental history and strong income potential, while also serving as an ideal future personal residence for those dreaming of a private retreat in the Keys. Whether used as a high-performing vacation rental, a seasonal escape, or a full-time waterfront home, this property offers unmatched versatility. Centrally located near world-class boating, dining, shopping, and beaches, this rare offering combines luxury, location, and lifestyle--a true Keys dream home with income-producing potential. Being offered furnished.
Local Insight
At $3.5M for a brand-new waterfront home in Marathon, you're paying a premium that reflects the scarcity of Gulf-facing inventory, though the $1,197/sqft price is in line with recent comparable sales in this micro-market. The AE flood zone designation means mandatory flood insurance that'll run several thousand annually—factor that into your true cost of ownership alongside the $390 HOA, and make sure any financing accounts for the elevated risk profile. With only 0.12 acres and new construction, you're getting modern efficiency and a private pool, but you're not getting land; if you eventually want to expand or redevelop, that's not an option here.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history132 days on market
- Status: ActiveFeb 8, 2026
- Listed$3,790,000Feb 8, 2026
- Price reduced$3,495,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 132
- Subdivision
- Marathon Beach
- County
- Monroe
- Year built
- 2024
- Living area
- 2,920 sq ft
- Price/sq ft
- $1,197
- Building area
- 3,600 sq ft (Public Records)
- Lot size
- 5,282 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12087C1379K)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $22,393 (2025)
- Parcel #
- 00337391-000500
- Zoning
- RES
- MLS #
- W7882829
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 5
- Full bathrooms
- 4
- Half bathrooms
- 1
- Flooring
- Luxury Vinyl
- Appliances
- Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Ceiling Fans(s)
- Laundry
- Inside
- Stories / Levels
- Three Or More
- Direction faces
- South
- New construction
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $390 / Monthly
- Monthly HOA
- $390/mo
- Total monthly fees
- $550/mo
- Total annual fees
- $6,600
- HOA name
- Boatworks
- CDD
- No
- Min lease term
- 1 Week
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- City Restrictions.
Exterior & Construction
- Exterior features
- Sliding Doors
- Construction materials
- Block, Stucco
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Second | |
| Dining Room | Second | |
| Living Room | Second | |
| Primary Bedroom | Third |
Listing Details
- Listing date
- 2026-02-07
- On market date
- 2026-02-08
- Original list price
- $3,790,000
- Occupant type
- Owner
- MLS area
- 33050 - Marathon
- Listing AOR
- West Pasco
- Status changed
- 2026-02-08
- Tax legal description
- UNIT 5 EMERALD FLATS SUB PB2-21 PORTION OF BLOCK 5 RESUBDIVISION OF MARTHON BEACH OR3146-1823
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Dead end of 39th street
More homes like this
$3,690,000
118 Avenue E
Marathon, FL 33050
3 bd · 3 ba · 2,509 sqft
Coco Plum Beach
MLS ID #W7882338, RE/MAX ALLIANCE GROUP.
Listing provided by Stellar MLS
$2,100,000
2100 Avenue H
Marathon, FL 33050
4 bd · 3 ba · 2,964 sqft
Coco Plum Beach
MLS ID #NS1088280, COLLADO REAL ESTATE.
Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 20, 2026 at 3:36 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA