Marathon Real Estate Overview

Marathon Real Estate

The city of Marathon extends over 13 separate but interconnected islands. Located in the Middle Keys, Marathon had an estimated 2018 population of 8,645. It was only incorporated as a city in 1999, but it is said that its name stems from a time when Henry Flagler’s railroad builders worked day and night to complete the railroad. A depot there was named “Marathon” to commemorate the effort.

Today, Marathon is a favorite for live-aboard boaters who arrive to spend the winter at its well-equipped City Marina. There is much to recommend Marathon, both on land and in the water, even for boaters who do not have cars available. In addition, there is an airport, good restaurants, and stores, and it is the primary restocking and repair center for recreational boaters in the Keys.

Because of its location at approximately the midpoint of the Florida Keys, Marathon is especially boater-friendly, with more than 2,400 slips available for residents’ use. In addition, the population of recreational boaters swells substantially each winter as a convivial community of recreational boaters arrives to take advantage of weekly and monthly slip and mooring rentals at the City Marina. Marathon is a favored destination for part-time residents because of the variety of activities and amenities available for all ages.

Marathon Florida real estate is some of the most reasonably-priced in the Florida Keys, with the median sales price for a condo just under $535,000. Individual homes on the water can reach into the multi-million dollar range, but desirable property in Marathon can be found for under $500,000. It depends, of course, what size and features you seek, but Marathon offers the best of "small-town" living in a somewhat exotic atmosphere. The lifestyle advantages of location, convenience, beauty and access to diverse activities are hard to beat. 

Marathon maintains its “Old Keys” aura, with some of the most up-to-date attractions in the area. Pigeon Key and Crane Point Museum Nature Center offer ecological insights, and the barrier reef just offshore invites scuba divers and snorkelers for spectacular viewing of coral and marine life, especially at Delta Shoals and Coffin Patch. The city stretches for 10 miles, so there is no shortage of nearby activity, and residents are able to tailor daily life to suit their individual interests.